103, Al Majara Tower 1
Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 103, Al Majara Tower 1
What is 103 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,410 sqft
- Floor
- 1st of 28
- Parking
- 155
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 21,300 /yr
- Last sold
- AED 1.15M · March 2011
- Building
- Al Majara Tower 1
About 103, Al Majara Tower 1
103 is a three-bedroom apartment of 1,410 sqft on the 1st floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 9 March 2011 for AED 1,150,888, or AED 816 per sqft, 6% below the AED 870 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 15 October 2025, is AED 130,000 a year: a gross yield of 11.3% on the 2011 price, before the service charge of about AED 21,300 a year.
Sales and rents for 103 over time
103 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Al Majara Tower 1, and where 103 sits
All 35 3-beds →103 last sold in March 2011 at AED 816 per sqft, 6% below what three-beds in Al Majara Tower 1 were fetching at the time (AED 870). 103's AED 130,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Feb 202514 February 2025 | 2,057 sqft | 4,300,000 | 2,090 | ||
| 9 Jan 20259 January 2025 | 2,057 sqft | 3,950,000 | 1,920 | ||
| 18 Sep 202418 September 2024 | 2,057 sqft | 3,570,000 | 1,735 | ||
| 19 Mar 202419 March 2024 | 2,287 sqft | 4,000,000 | 1,749 |
Al Majara Tower 1
Building188 apartments, 1-bed to 3-bed over 28 floors in Dubai Marina, completed in 2006 by Emaar. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,934
- Typical sale
- AED 2.4M
- Typical rent
- AED 130K /yr
- Typical yield
- 5.7%
Other units on the 1st floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 102 | 3-bed | 1,643 sqft | AED 1.05MAED 1,050,000 · Oct 2008October 2008 | 166,000 /yr | |
| 104 | 2-bed | 1,324 sqft | AED 860KAED 860,000 · Feb 2011February 2011 | 15,000 /yr | |
| 105 | 1-bed | 929 sqft | AED 900KAED 900,000 · May 2021May 2021 | 76,408 /yr | |
| 106 | 1-bed | 800 sqft | AED 875KAED 875,000 · Jul 2012July 2012 | 97,650 /yr | |
| 107 | 2-bed | 1,338 sqft | AED 2.2MAED 2,200,000 · Jun 2014June 2014 | 135,000 /yr |
103, Al Majara Tower 1 in numbers
- Sold once: by Emaar on 9 March 2011 for AED 1,150,888, or AED 816 per sqft.
- Rented since September 2012 on 12 Ejari contracts. The rent fell from AED 100,000 to AED 80,500 in 2023 and recovered to AED 130,000 by October 2025.
- At AED 130,000 a year the gross yield on the 2011 price is 11.3%, before a service charge of about AED 21,300 a year (AED 15.11 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2025.
Questions about 103, Al Majara Tower 1
What did unit 103 last sell for?
AED 1,150,888 on 9 March 2011, sold by the developer: AED 816 per sqft for 1,410 sqft. It is the only registered sale of the unit.
What is the rent for unit 103?
AED 130,000 a year on the contract renewed on 15 October 2025. The previous contract, from October 2024, was AED 141,600; the unit has been rented since September 2012.
How big is unit 103?
1,410 sqft (131.0 sqm): a three-bedroom apartment on the 1st floor of a 28-storey tower completed in 2006.
What is unit 103 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 103, Al Majara Tower 1
Starts from the last sale price (AED 1.15M, 9 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,888
- Deposit, UAE resident (20%)
- AED 230,178
- Deposit, non-resident (40%)
- AED 460,355
- Monthly over 25 years at 3.7%
- AED 4,709
Plus AED 53,348 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →