405, Al Majara Tower 5
Sold prices and rental history: sold 4 times, last in December 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Al Majara Tower 5
What is 405 worth today?
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Source: Dubai Land Department. Updated 1 December 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,164 sqft
- Floor
- 4th of 7
- Parking
- 118 , 137
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 32,700 /yr
- Last sold
- AED 3.25M · December 2017
- Building
- Al Majara Tower 5
About 405, Al Majara Tower 5
405 is a three-bedroom apartment of 2,164 sqft on the 4th floor of Al Majara Tower 5, a 7-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 24 December 2017 for AED 3,245,961, or AED 1,499 per sqft.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 December 2022, is AED 210,000 a year: a gross yield of 6.5% on the 2017 price, before the service charge of about AED 32,700 a year.
Sales and rents for 405 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Al Majara Tower 5, and where 405 sits
All 7 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Sep 20259 September 2025 | 2,164 sqft | 4,300,000 | 1,987 | ||
| 12 Mar 202512 March 2025 | 2,173 sqft | 5,400,000 | 2,485 | ||
| 12 Aug 202212 August 2022 | 2,164 sqft | 3,400,000 | 1,571 | ||
| 17 Sep 201717 September 2017 | 2,164 sqft | 3,500,000 | 1,617 |
Al Majara Tower 5
Building53 apartments, 1-bed to 3-bed over 7 floors in Dubai Marina, completed in 2006 by Emaar. 3 sold in the last 12 months.
- Typical price per sqft
- AED 2,354
- Typical sale
- AED 2.65M
- Typical rent
- AED 135K /yr
- Typical yield
- 4.7%
Other units on the 4th floor
All 53 units in Al Majara Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,367 sqft | AED 1.8MAED 1,800,000 · Feb 2009February 2009 | ||
| 402 | 2-bed | 1,517 sqft | AED 2.6MAED 2,600,000 · Jul 2024July 2024 | 121,000 /yr | |
| 403 | 1-bed | 893 sqft | AED 1.15MAED 1,150,000 · Apr 2021April 2021 | 130,000 /yr | |
| 404 | 1-bed | 834 sqft | AED 541KAED 540,800 · Jul 2010July 2010 | 103,000 /yr | |
| 406 | 1-bed | 1,119 sqft | AED 1.15MAED 1,150,000 · Dec 2009December 2009 | 120,000 /yr |
405, Al Majara Tower 5 in numbers
- Sold 4 times: first on 22 January 2009 for AED 1,311,800, last on 24 December 2017 for AED 3,245,961 (AED 1,499 per sqft).
- Rented since December 2017 on 5 Ejari contracts. The rent fell from AED 210,000 to AED 135,000 in 2021 and recovered to AED 210,000 by December 2022.
- At AED 210,000 a year the gross yield on the 2017 price is 6.5%, before a service charge of about AED 32,700 a year (AED 15.11 per sqft).
Source: Dubai Land Department. Updated 1 December 2022.
Questions about 405, Al Majara Tower 5
What did unit 405 last sell for?
AED 3,245,961 on 24 December 2017: AED 1,499 per sqft for 2,164 sqft. The unit has 4 registered sales; the first was AED 1,311,800 in January 2009.
What is the rent for unit 405?
AED 210,000 a year on the contract signed on 1 December 2022. The previous contract, from September 2021, was AED 135,000; the unit has been rented since December 2017.
How big is unit 405?
2,164 sqft (201.0 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2006.
What is unit 405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 405, Al Majara Tower 5
Starts from the last sale price (AED 3.25M, 24 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 3,245,961
- Deposit, UAE resident (20%)
- AED 649,192
- Deposit, non-resident (40%)
- AED 1,298,384
- Monthly over 25 years at 3.7%
- AED 13,280
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →