406, Al Majara Tower 5
Sold prices and rental history: sold twice, last in December 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Al Majara Tower 5
What is 406 worth today?
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Source: Dubai Land Department. Updated 29 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,119 sqft
- Floor
- 4th of 7
- Parking
- 656
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 16,900 /yr
- Last sold
- AED 1.15M · December 2009
- Building
- Al Majara Tower 5
About 406, Al Majara Tower 5
406 is a one-bedroom apartment of 1,119 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 2009 for AED 1,150,000, or AED 1,027 per sqft, in line with the AED 1,027 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 29 May 2026, is AED 120,000 a year: a gross yield of 10.4% on the 2009 price, before the service charge of about AED 16,900 a year.
Sales and rents for 406 over time
406 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Majara Tower 5, and where 406 sits
All 21 1-beds →406 last sold in December 2009 at AED 1,027 per sqft, in line with what one-beds in Al Majara Tower 5 were fetching at the time (AED 1,027). Over the last 12 months one-beds sold for AED 2,645,000, around AED 2,363 per sqft, and rent for AED 85,000 to 150,000 a year. 406's AED 120,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 1,119 sqft | 2,645,000 | 2,363 | ||
| 20 May 202520 May 2025 | 1,119 sqft | 1,950,000 | 1,742 | ||
| 8 Apr 20258 April 2025 | 1,151 sqft | 2,150,000 | 1,867 | ||
| 12 May 202312 May 2023 | 834 sqft | 1,470,000 | 1,762 |
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 | |
| 405 | 3-bed | 2,164 sqft | AED 3.25MAED 3,245,961 · Dec 2017December 2017 | 210,000 /yr |
406, Al Majara Tower 5 in numbers
- Sold twice: first on 11 August 2008 for AED 750,800, last on 24 December 2009 for AED 1,150,000 (AED 1,027 per sqft).
- Rented since December 2019 on 8 Ejari contracts, from AED 96,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2009 price is 10.4%, before a service charge of about AED 16,900 a year (AED 15.11 per sqft).
- One-beds in Al Majara Tower 5 sold for AED 2,645,000–2,645,000 in the 12 months to November 2026; the building's median across all types is AED 2,354 per sqft.
Source: Dubai Land Department. Updated 29 May 2026.
Questions about 406, Al Majara Tower 5
What did unit 406 last sell for?
AED 1,150,000 on 24 December 2009: AED 1,027 per sqft for 1,119 sqft. The unit has 2 registered sales; the first was AED 750,800 in August 2008.
What is the rent for unit 406?
AED 120,000 a year on the contract renewed on 29 May 2026. The previous contract, from May 2025, was AED 120,000; the unit has been rented since December 2019.
How big is unit 406?
1,119 sqft (104.0 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2006.
What is unit 406 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Majara Tower 5 sold for AED 2,645,000 to 2,645,000 in the last 12 months, around AED 2,363 per sqft.
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Mortgage on 406, Al Majara Tower 5
Starts from the last sale price (AED 1.15M, 24 December 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →