1-bed · 834 sqftAl Majara Tower 5, Dubai Marina · 5th floor · completed 2006

504, Al Majara Tower 5

Sold prices and rental history: sold 5 times, last in May 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 4 January 2024
Last soldAED 1.47M12 May 2023
Current rentAED 8K /yr4 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Al Majara Tower 5

What is 504 worth today?

Last sold for AED 1,470,000 in 2023

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4 Jan 2024RentedNew contract · flagged as an outlier
AED 8,000/yr12 months · AED 10 per sqft
12 May 2023SoldReady
AED 1,470,000AED 1,762 per sqft
24 Feb 2021SoldReady
AED 950,000AED 1,139 per sqft
10 Aug 2020RentedRenewal
AED 70,000/yr12 months · AED 84 per sqft
10 Aug 2019RentedNew contract
AED 75,000/yr12 months · AED 90 per sqft
10 Aug 2018RentedNew contract
AED 80,000/yr12 months · AED 97 per sqft
26 Apr 2016RentedNew contract
AED 110,000/yr12 months · AED 133 per sqft
7 Apr 2016SoldReady
AED 1,575,000AED 1,888 per sqft

Source: Dubai Land Department. Updated 4 January 2024.

Key facts

Type
1-bed apartment
Size
834 sqft
Floor
5th of 7
Parking
652
Developer
Emaar
Completed
2006
Service charge
AED 12,600 /yr
Last sold
AED 1.47M · May 2023

About 504, Al Majara Tower 5

504 is a one-bedroom apartment of 834 sqft on the 5th floor of Al Majara Tower 5, a 7-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 12 May 2023 for AED 1,470,000, or AED 1,762 per sqft.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 4 January 2024, is AED 8,000 a year: a gross yield of 0.5% on the 2023 price, before the service charge of about AED 12,600 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Al Majara Tower 5
500K1M1.5M2008201220162020Typical sale price by year: 2008 AED 750,800; 2009 AED 980,000; 2010 AED 633,300; 2013 AED 1,535,000; 2015 AED 1,154,200; 2016 AED 1,480,000; 2021 AED 950,000Sold by developer, June 2009: AED 780,000 (AED 935 per sqft)Sold, January 2016: AED 1,425,000 (AED 1,708 per sqft)Sold, April 2016: AED 1,575,000 (AED 1,888 per sqft)Sold, February 2021: AED 950,000 (AED 1,139 per sqft)Sold, May 2023: AED 1,470,000 (AED 1,762 per sqft)

504 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 504, each contractTypical one-bed in Al Majara Tower 5
75K100K125K2013201720212025Typical rent by year: 2013 AED 89,880; 2014 AED 114,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 120,000; 2018 AED 98,000; 2019 AED 88,500; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 79,500; 2023 AED 95,000; 2024 AED 109,500; 2025 AED 107,000; 2026 AED 108,000New contract, April 2016: AED 110,000 a yearNew contract, August 2018: AED 80,000 a yearNew contract, August 2019: AED 75,000 a yearRenewal, August 2020: AED 70,000 a year

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 504 sits

All 21 1-beds →

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. 504's AED 8,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 20262,645,000
20 May 20251,950,000
8 Apr 20252,150,000
27 Apr 20221,330,888
1 1-bed sale in the last 12 months

Al Majara Tower 5

Building

53 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%
Al Majara Tower 5, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 53 units in Al Majara Tower 5
Value
5012-bedAED 1.23M · Jul 2010
5022-bedAED 2.55M · Apr 2013
5031-bedAED 980K · Jul 2009
5053-bedAED 4.3M · Sep 2025
5061-bedAED 2.65M · Feb 2026

504, Al Majara Tower 5 in numbers

  • Sold 5 times: first on 25 June 2009 for AED 780,000, last on 12 May 2023 for AED 1,470,000 (AED 1,762 per sqft).
  • Rented since April 2016 on 5 Ejari contracts, from AED 110,000 to AED 8,000 a year.
  • At AED 8,000 a year the gross yield on the 2023 price is 0.5%, before a service charge of about AED 12,600 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 4 January 2024.

Questions about 504, Al Majara Tower 5

What did unit 504 last sell for?

AED 1,470,000 on 12 May 2023: AED 1,762 per sqft for 834 sqft. The unit has 5 registered sales; the first was AED 780,000 in June 2009.

What is the rent for unit 504?

AED 8,000 a year on the contract signed on 4 January 2024. The previous contract, from August 2020, was AED 70,000; the unit has been rented since April 2016.

How big is unit 504?

834 sqft (77.5 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2006.

What is unit 504 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 504, Al Majara Tower 5

Starts from the last sale price (AED 1.47M, 12 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,470,000
Deposit, UAE resident (20%)
AED 294,000
Deposit, non-resident (40%)
AED 588,000
Monthly over 25 years at 3.7%
AED 6,014

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →