703, Al Majara Tower 5
Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Al Majara Tower 5
What is 703 worth today?
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Source: Dubai Land Department. Updated 20 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,529 sqft
- Floor
- 7th of 7
- Parking
- 628
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 23,100 /yr
- Last sold
- AED 1.14M · July 2010
- Building
- Al Majara Tower 5
About 703, Al Majara Tower 5
703 is a two-bedroom apartment of 1,529 sqft on the 7th floor of Al Majara Tower 5, a 7-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 28 July 2010 for AED 1,142,800, or AED 747 per sqft, 8% below the AED 816 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 16 Ejari contracts. The current contract, renewed on 20 May 2026, is AED 130,000 a year: a gross yield of 11.4% on the 2010 price, before the service charge of about AED 23,100 a year.
Sales and rents for 703 over time
703 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Majara Tower 5, and where 703 sits
All 24 2-beds →703 last sold in July 2010 at AED 747 per sqft, 8% below what two-beds in Al Majara Tower 5 were fetching at the time (AED 816). Over the last 12 months two-beds sold for AED 1,980,000 to 2,990,000, around AED 2,062 per sqft, and rent for AED 107,395 to 210,000 a year. 703's AED 130,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 1,119 sqft | 1,980,000 | 1,769 | ||
| 24 Aug 202624 August 2026 | 1,270 sqft | 2,990,000 | 2,354 | ||
| 3 Sep 20243 September 2024 | 1,431 sqft | 3,000,000 | 2,096 | ||
| 10 Jul 202410 July 2024 | 1,517 sqft | 2,600,000 | 1,713 |
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 7th floor
All 53 units in Al Majara Tower 5703, Al Majara Tower 5 in numbers
- Sold once: by Emaar on 28 July 2010 for AED 1,142,800, or AED 747 per sqft.
- Rented since February 2014 on 16 Ejari contracts. The rent fell from AED 120,000 to AED 82,000 in 2022 and recovered to AED 130,000 by May 2026.
- At AED 130,000 a year the gross yield on the 2010 price is 11.4%, before a service charge of about AED 23,100 a year (AED 15.11 per sqft).
- Two-beds in Al Majara Tower 5 sold for AED 1,980,000–2,990,000 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 20 May 2026.
Questions about 703, Al Majara Tower 5
What did unit 703 last sell for?
AED 1,142,800 on 28 July 2010, sold by the developer: AED 747 per sqft for 1,529 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 130,000 a year on the contract renewed on 20 May 2026. The previous contract, from May 2026, was AED 146,000; the unit has been rented since February 2014.
How big is unit 703?
1,529 sqft (142.0 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2006.
What is unit 703 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Majara Tower 5 sold for AED 1,980,000 to 2,990,000 in the last 12 months, around AED 2,062 per sqft.
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Mortgage on 703, Al Majara Tower 5
Starts from the last sale price (AED 1.14M, 28 July 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,142,800
- Deposit, UAE resident (20%)
- AED 228,560
- Deposit, non-resident (40%)
- AED 457,120
- Monthly over 25 years at 3.7%
- AED 4,676
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →