1-bed · 929 sqftAl Majara Tower 1, Dubai Marina · 1st floor · completed 2006

105, Al Majara Tower 1

Sold prices and rental history: sold 3 times, last in May 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 105 · DLD and Ejari recordsUpdated 12 November 2024
Last soldAED 900K17 May 2021
Current rentAED 76K /yr12 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 105, Al Majara Tower 1

What is 105 worth today?

Last sold for AED 900,000 in 2021

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12 Nov 2024RentedRenewal
AED 76,408/yr6 months · AED 83 per sqft
12 Nov 2023RentedRenewal
AED 75,000/yr12 months · AED 81 per sqft
12 Nov 2022RentedRenewal
AED 75,000/yr12 months · AED 81 per sqft
17 May 2021SoldReady
AED 900,000AED 968 per sqft
29 Jan 2015RentedNew contract
AED 143,522/yr10 months · AED 155 per sqft
25 Sep 2014RentedNew contract
AED 156,000/yr3 months · AED 169 per sqft
26 Apr 2012SoldReady
AED 850,000AED 914 per sqft
1 Jul 2010Sold by developerReady
AED 800,000AED 861 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 November 2024.

Key facts

Type
1-bed apartment
Size
929 sqft
Floor
1st of 28
Parking
157
Developer
Emaar
Completed
2006
Service charge
AED 14,000 /yr
Last sold
AED 900K · May 2021

About 105, Al Majara Tower 1

105 is a one-bedroom apartment of 929 sqft on the 1st floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 17 May 2021 for AED 900,000, or AED 968 per sqft, in line with the AED 951 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 12 November 2024, is AED 76,408 a year: a gross yield of 8.5% on the 2021 price, before the service charge of about AED 14,000 a year.

Sales and rents for 105 over time

Sales
Unit 105, each saleTypical one-bed in Al Majara Tower 1
1M2M2008201320182023Typical sale price by year: 2008 AED 764,735; 2009 AED 474,000; 2010 AED 608,000; 2011 AED 734,750; 2012 AED 875,000; 2013 AED 1,137,500; 2014 AED 1,537,500; 2015 AED 1,200,000; 2016 AED 1,257,500; 2017 AED 1,650,000; 2018 AED 1,450,000; 2020 AED 800,000; 2021 AED 956,500; 2022 AED 1,262,500; 2023 AED 1,500,000; 2024 AED 1,567,500; 2025 AED 1,865,000Sold by developer, July 2010: AED 800,000 (AED 861 per sqft)Sold, April 2012: AED 850,000 (AED 914 per sqft)Sold, May 2021: AED 900,000 (AED 968 per sqft)

105 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 105, each contractTypical one-bed in Al Majara Tower 1
100K150K2012201620202024Typical rent by year: 2012 AED 81,000; 2013 AED 85,000; 2014 AED 100,000; 2015 AED 115,000; 2016 AED 113,651; 2017 AED 112,000; 2018 AED 95,000; 2019 AED 90,000; 2020 AED 70,750; 2021 AED 71,000; 2022 AED 80,150; 2023 AED 92,400; 2024 AED 105,000; 2025 AED 107,000New contract, September 2014: AED 156,000 a yearNew contract, January 2015: AED 143,522 a yearRenewal, November 2022: AED 75,000 a yearRenewal, November 2023: AED 75,000 a yearRenewal, November 2024: AED 76,408 a year

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 1, and where 105 sits

All 73 1-beds →

105 last sold in May 2021 at AED 968 per sqft, in line with what one-beds in Al Majara Tower 1 were fetching at the time (AED 951). Over the last 12 months one-beds sold for AED 1,900,000, around AED 2,045 per sqft, and rent for AED 78,100 to 137,000 a year. 105's AED 76,408 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jan 20261,900,000
31 Jul 20251,865,000
11 Jun 20252,300,000
16 May 20251,850,000
1 1-bed sale in the last 12 months

Al Majara Tower 1

Building

188 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%
Al Majara Tower 1, Dubai Marina: prices, sales and rents →

Other units on the 1st floor

All 188 units in Al Majara Tower 1
Value
1023-bedAED 1.05M · Oct 2008
1033-bedAED 1.15M · Mar 2011
1042-bedAED 860K · Feb 2011
1061-bedAED 875K · Jul 2012
1072-bedAED 2.2M · Jun 2014

105, Al Majara Tower 1 in numbers

  • Sold 3 times: first on 1 July 2010 for AED 800,000, last on 17 May 2021 for AED 900,000 (AED 968 per sqft).
  • Rented since September 2014 on 5 Ejari contracts, from AED 156,000 to AED 76,408 a year.
  • At AED 76,408 a year the gross yield on the 2021 price is 8.5%, before a service charge of about AED 14,000 a year (AED 15.11 per sqft).
  • One-beds in Al Majara Tower 1 sold for AED 1,900,000–1,900,000 in the 12 months to November 2026; the building's median across all types is AED 1,934 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 November 2024.

Questions about 105, Al Majara Tower 1

What did unit 105 last sell for?

AED 900,000 on 17 May 2021: AED 968 per sqft for 929 sqft. The unit has 3 registered sales; the first was AED 800,000 in July 2010.

What is the rent for unit 105?

AED 76,408 a year on the contract renewed on 12 November 2024. The previous contract, from November 2023, was AED 75,000; the unit has been rented since September 2014.

How big is unit 105?

929 sqft (86.3 sqm): a one-bedroom apartment on the 1st floor of a 28-storey tower completed in 2006.

What is unit 105 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 1 sold for AED 1,900,000 to 1,900,000 in the last 12 months, around AED 2,045 per sqft.

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Mortgage on 105, Al Majara Tower 1

Starts from the last sale price (AED 900K, 17 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →