2-bed · 1,324 sqftAl Majara Tower 1, Dubai Marina · 11th floor · completed 2006

1104, Al Majara Tower 1

Sold prices and rental history: sold 5 times, last in June 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 12 January 2018
Last soldAED 1.8M12 June 2016
Current rentAED 125K /yr12 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, Al Majara Tower 1

What is 1104 worth today?

Last sold for AED 1,800,000 in 2016

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12 Jan 2018RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
29 Mar 2017RentedNew contract
AED 140,000/yr12 months · AED 106 per sqft
12 Jun 2016SoldReady
AED 1,800,000AED 1,359 per sqft
28 Jan 2014RentedNew contract
AED 160,000/yr12 months · AED 121 per sqft
31 Oct 2013SoldReady
AED 1,150,000AED 868 per sqft
5 Apr 2012SoldReady
AED 616,250AED 465 per sqft
16 Oct 2011SoldReady
AED 1,200,000AED 906 per sqft
9 Feb 2011Sold by developerReady
AED 1,225,059AED 925 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 January 2018.

Key facts

Type
2-bed apartment
Size
1,324 sqft
Floor
11th of 28
Parking
52
Developer
Emaar
Completed
2006
Service charge
AED 20,000 /yr
Last sold
AED 1.8M · June 2016

About 1104, Al Majara Tower 1

1104 is a two-bedroom apartment of 1,324 sqft on the 11th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 12 June 2016 for AED 1,800,000, or AED 1,359 per sqft, in line with the AED 1,397 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 12 January 2018, is AED 125,000 a year: a gross yield of 6.9% on the 2016 price, before the service charge of about AED 20,000 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, each saleTypical two-bed in Al Majara Tower 1
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,485,200; 2009 AED 1,350,000; 2010 AED 1,075,000; 2011 AED 1,231,974; 2012 AED 1,325,000; 2013 AED 1,887,500; 2014 AED 2,350,000; 2015 AED 2,150,000; 2016 AED 1,850,000; 2017 AED 1,870,000; 2018 AED 2,045,000; 2019 AED 700,000; 2020 AED 1,212,500; 2021 AED 1,455,000; 2022 AED 1,800,000; 2023 AED 2,200,000; 2024 AED 2,300,000; 2025 AED 2,806,229Sold by developer, February 2011: AED 1,225,059 (AED 925 per sqft)Sold, October 2011: AED 1,200,000 (AED 906 per sqft)Sold, April 2012: AED 616,250 (AED 465 per sqft)Sold, October 2013: AED 1,150,000 (AED 868 per sqft)Sold, June 2016: AED 1,800,000 (AED 1,359 per sqft)

1104 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1104, each contractTypical two-bed in Al Majara Tower 1
100K150K2012201620202024Typical rent by year: 2012 AED 117,500; 2013 AED 138,674; 2014 AED 152,456; 2015 AED 160,000; 2016 AED 150,000; 2017 AED 148,500; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 97,500; 2021 AED 100,000; 2022 AED 114,692; 2023 AED 130,000; 2024 AED 135,000; 2025 AED 150,078; 2026 AED 140,000New contract, January 2014: AED 160,000 a yearNew contract, March 2017: AED 140,000 a yearNew contract, January 2018: AED 125,000 a year

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 1, and where 1104 sits

All 74 2-beds →

1104 last sold in June 2016 at AED 1,359 per sqft, in line with what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,397). Over the last 12 months two-beds sold for AED 2,900,000, around AED 1,822 per sqft, and rent for AED 100,000 to 163,500 a year. 1104's AED 125,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Dec 20252,900,000
4 Jul 20252,900,000
20 Jun 20252,550,000
28 Apr 20252,100,000
1 2-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 11th floor

All 188 units in Al Majara Tower 1
Value
11011-bedAED 1.9M · Apr 2017
11023-bedAED 1.54M · Apr 2012
11032-bedAED 1.85M · Nov 2022
11051-bedAED 1.9M · Jan 2026
11061-bedAED 508K · Apr 2008
11072-bedAED 1.55M · Aug 2019

1104, Al Majara Tower 1 in numbers

  • Sold 5 times: first on 9 February 2011 for AED 1,225,059, last on 12 June 2016 for AED 1,800,000 (AED 1,359 per sqft).
  • Rented since January 2014 on 3 Ejari contracts, from AED 160,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2016 price is 6.9%, before a service charge of about AED 20,000 a year (AED 15.11 per sqft).
  • Two-beds in Al Majara Tower 1 sold for AED 2,900,000–2,900,000 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 January 2018.

Questions about 1104, Al Majara Tower 1

What did unit 1104 last sell for?

AED 1,800,000 on 12 June 2016: AED 1,359 per sqft for 1,324 sqft. The unit has 5 registered sales; the first was AED 1,225,059 in February 2011.

What is the rent for unit 1104?

AED 125,000 a year on the contract signed on 12 January 2018. The previous contract, from March 2017, was AED 140,000; the unit has been rented since January 2014.

How big is unit 1104?

1,324 sqft (123.0 sqm): a two-bedroom apartment on the 11th floor of a 28-storey tower completed in 2006.

What is unit 1104 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 1 sold for AED 2,900,000 to 2,900,000 in the last 12 months, around AED 1,822 per sqft.

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Mortgage on 1104, Al Majara Tower 1

Starts from the last sale price (AED 1.8M, 12 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →