506, Al Majara Tower 5
Sold prices and rental history: sold 4 times, last in February 2026, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Al Majara Tower 5
What is 506 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,119 sqft
- Floor
- 5th of 7
- Parking
- 651
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 16,900 /yr
- Last sold
- AED 2.65M · February 2026
- Building
- Al Majara Tower 5
About 506, Al Majara Tower 5
506 is a one-bedroom apartment of 1,119 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 16 February 2026 for AED 2,645,000, or AED 2,363 per sqft, 27% above the AED 1,867 one-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 6 Ejari contracts. The current contract, signed on 1 August 2026, is AED 150,000 a year: a gross yield of 5.7% on the 2026 price, before the service charge of about AED 16,900 a year.
Sales and rents for 506 over time
506 has sold 4 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 506 sits
All 21 1-beds →506 last sold in February 2026 at AED 2,363 per sqft, 27% above what one-beds in Al Majara Tower 5 were fetching at the time (AED 1,867). 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. 506's AED 150,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 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 | |
| 504 | 1-bed | 834 sqft | AED 1.47MAED 1,470,000 · May 2023May 2023 | 8,000 /yr | |
| 505 | 3-bed | 2,164 sqft | AED 4.3MAED 4,300,000 · Sep 2025September 2025 | 176,000 /yr |
506, Al Majara Tower 5 in numbers
- Sold 4 times: first on 13 October 2008 for AED 1,262,500, last on 16 February 2026 for AED 2,645,000 (AED 2,363 per sqft).
- Rented since July 2023 on 6 Ejari contracts, from AED 165,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2026 price is 5.7%, 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 1 August 2026.
Questions about 506, Al Majara Tower 5
What did unit 506 last sell for?
AED 2,645,000 on 16 February 2026: AED 2,363 per sqft for 1,119 sqft. The unit has 4 registered sales; the first was AED 1,262,500 in October 2008.
What is the rent for unit 506?
AED 150,000 a year on the contract signed on 1 August 2026. The previous contract, from August 2025, was AED 163,000; the unit has been rented since July 2023.
How big is unit 506?
1,119 sqft (104.0 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2006.
What is unit 506 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 506, Al Majara Tower 5
Starts from the last sale price (AED 2.65M, 16 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,645,000
- Deposit, UAE resident (20%)
- AED 529,000
- Deposit, non-resident (40%)
- AED 1,058,000
- Monthly over 25 years at 3.7%
- AED 10,822
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →