
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.
Property timeline for 504, Al Majara Tower 5
What is 504 worth today?
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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
- Building
- Al Majara Tower 5
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
504 has sold 5 times; 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 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 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 | ||
| 27 Apr 202227 April 2022 | 1,151 sqft | 1,330,888 | 1,156 |
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 5th floor
All 53 units in Al Majara Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,367 sqft | AED 1.23MAED 1,225,800 · Jul 2010July 2010 | 133,705 /yr | |
| 502 | 2-bed | 1,517 sqft | AED 2.55MAED 2,550,000 · Apr 2013April 2013 | 145,000 /yr | |
| 503 | 1-bed | 893 sqft | AED 980KAED 980,000 · Jul 2009July 2009 | 125,000 /yr | |
| 505 | 3-bed | 2,164 sqft | AED 4.3MAED 4,300,000 · Sep 2025September 2025 | 176,000 /yr | |
| 506 | 1-bed | 1,119 sqft | AED 2.65MAED 2,645,000 · Feb 2026February 2026 | 150,000 /yr |
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 →