1,066 sqftAl Majara Tower 5, Dubai Marina · Ground floor · completed 2006

G04, Al Majara Tower 5

Sold prices and rental history: sold twice, last in February 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit G04 · DLD and Ejari recordsUpdated 1 September 2022

Last soldAED 1.55M12 February 2018

Current rentAED 75K /yr1 September 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for G04, Al Majara Tower 5

Today

What is G04 worth today?

Last sold for AED 1,550,000 in 2018

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1 Sep 2022

1 Sep 2022RentedRenewal

AED 75,000/yr12 months · AED 70 per sqft

31 Aug 2021

31 Aug 2021RentedRenewal

AED 69,806/yr12 months · AED 66 per sqft

1 Sep 2020

1 Sep 2020RentedNew contract

AED 65,175/yr12 months · AED 61 per sqft

15 Jul 2019

15 Jul 2019RentedNew contract

AED 90,000/yr12 months · AED 84 per sqft

12 Feb 2018

12 Feb 2018SoldReady

AED 1,550,000AED 1,454 per sqft

12 Apr 2011

12 Apr 2011Sold by developerReady

AED 780,800AED 732 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type: Apartment
Size: 1,066 sqft
Floor: Ground of 7
Parking: 123
Developer: Emaar
Completed: 2006
Service charge: AED 16,100 /yr
Last sold: AED 1.55M · February 2018
Building: Al Majara Tower 5

About G04, Al Majara Tower 5

G04 is an apartment of 1,066 sqft on the ground floor of Al Majara Tower 5, a 7-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 12 February 2018 for AED 1,550,000, or AED 1,454 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 75,000 a year: a gross yield of 4.8% on the 2018 price, before the service charge of about AED 16,100 a year.

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 ground floor

All 53 units in Al Majara Tower 5


G01	2-bed	1,367 sqft	AED 2.2MAED 2,200,000 · May 2024May 2024	107,395 /yr
G02	2-bed	1,431 sqft	AED 2.15MAED 2,150,000 · May 2023May 2023	115,000 /yr
G03	2-bed	1,119 sqft	AED 1.98MAED 1,980,000 · Aug 2026August 2026	131,250 /yr
G05	2-bed	1,270 sqft	AED 2.6MAED 2,600,000 · Dec 2013December 2013	140,000 /yr
G06	2-bed	1,431 sqft	AED 3MAED 3,000,000 · Sep 2024September 2024	125,000 /yr
M01	2-bed	1,367 sqft	AED 1.12MAED 1,115,800 · Apr 2010April 2010	135,000 /yr
M02	2-bed	1,270 sqft	AED 2.99MAED 2,990,000 · Aug 2026August 2026	140,000 /yr
M03	2-bed	715 sqft	AED 787KAED 787,055 · Dec 2012December 2012	132,825 /yr
M04	1-bed	1,151 sqft	AED 2.15MAED 2,150,000 · Apr 2025April 2025

1–7 of 9

G04, Al Majara Tower 5 in numbers

Sold twice: first on 12 April 2011 for AED 780,800, last on 12 February 2018 for AED 1,550,000 (AED 1,454 per sqft).
Rented since July 2019 on 4 Ejari contracts. The rent fell from AED 90,000 to AED 65,175 in 2020 and recovered to AED 75,000 by September 2022.
At AED 75,000 a year the gross yield on the 2018 price is 4.8%, before a service charge of about AED 16,100 a year (AED 15.11 per sqft).

Source: Dubai Land Department. Updated 1 September 2022.

Questions about G04, Al Majara Tower 5

What did unit G04 last sell for?

AED 1,550,000 on 12 February 2018: AED 1,454 per sqft for 1,066 sqft. The unit has 2 registered sales; the first was AED 780,800 in April 2011.

What is the rent for unit G04?

AED 75,000 a year on the contract renewed on 1 September 2022. The previous contract, from August 2021, was AED 69,806; the unit has been rented since July 2019.

How big is unit G04?

1,066 sqft (99.0 sqm): an apartment on the ground floor of a 7-storey tower completed in 2006.

What is unit G04 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on G04, Al Majara Tower 5

Starts from the last sale price (AED 1.55M, 12 February 2018). Switch to today's estimate once you have unlocked it.

Price: AED 1,550,000
Deposit, UAE resident (20%): AED 310,000
Deposit, non-resident (40%): AED 620,000
Monthly over 25 years at 3.7%: AED 6,342

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