M03, Al Majara Tower 5
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for M03, Al Majara Tower 5
What is M03 worth today?
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Source: Dubai Land Department. Updated 10 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 715 sqft
- Floor
- Ground of 7
- Parking
- 116
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 10,800 /yr
- Last sold
- AED 787K · December 2012
- Building
- Al Majara Tower 5
About M03, Al Majara Tower 5
M03 is a two-bedroom apartment of 715 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 25 December 2012 for AED 787,055, or AED 1,100 per sqft, 21% above the AED 912 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 10 August 2026, is AED 132,825 a year: a gross yield of 16.9% on the 2012 price, before the service charge of about AED 10,800 a year.
Sales and rents for M03 over time
M03 has sold twice; 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 M03 sits
All 24 2-beds →M03 last sold in December 2012 at AED 1,100 per sqft, 21% above what two-beds in Al Majara Tower 5 were fetching at the time (AED 912). 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. M03's AED 132,825 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 ground floor
All 53 units in Al Majara Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| G04 | 1,066 sqft | AED 1.55MAED 1,550,000 · Feb 2018February 2018 | 75,000 /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 | |
| M04 | 1-bed | 1,151 sqft | AED 2.15MAED 2,150,000 · Apr 2025April 2025 |
M03, Al Majara Tower 5 in numbers
- Sold twice: first on 25 December 2007 for AED 447,900, last on 25 December 2012 for AED 787,055 (AED 1,100 per sqft).
- Rented since November 2013 on 14 Ejari contracts, from AED 120,000 to AED 132,825 a year.
- At AED 132,825 a year the gross yield on the 2012 price is 16.9%, before a service charge of about AED 10,800 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 10 August 2026.
Questions about M03, Al Majara Tower 5
What did unit M03 last sell for?
AED 787,055 on 25 December 2012: AED 1,100 per sqft for 715 sqft. The unit has 2 registered sales; the first was AED 447,900 in December 2007.
What is the rent for unit M03?
AED 132,825 a year on the contract renewed on 10 August 2026. The previous contract, from August 2025, was AED 132,825; the unit has been rented since November 2013.
How big is unit M03?
715 sqft (66.4 sqm): a two-bedroom apartment on the ground floor of a 7-storey tower completed in 2006.
What is unit M03 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 M03, Al Majara Tower 5
Starts from the last sale price (AED 787K, 25 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 787,055
- Deposit, UAE resident (20%)
- AED 157,411
- Deposit, non-resident (40%)
- AED 314,822
- Monthly over 25 years at 3.7%
- AED 3,220
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →