1304, Al Majara Tower 1
Sold prices and rental history: sold 3 times, last in July 2013, 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 1304, Al Majara Tower 1
What is 1304 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,324 sqft
- Floor
- 13th of 28
- Parking
- 11
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,000 /yr
- Last sold
- AED 2.1M · July 2013
- Building
- Al Majara Tower 1
About 1304, Al Majara Tower 1
1304 is a two-bedroom apartment of 1,324 sqft on the 13th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 17 July 2013 for AED 2,100,000, or AED 1,586 per sqft, 27% above the AED 1,251 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 28 August 2022, is AED 86,250 a year: a gross yield of 4.1% on the 2013 price, before the service charge of about AED 20,000 a year.
Sales and rents for 1304 over time
1304 has sold 3 times; 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 1, and where 1304 sits
All 74 2-beds →1304 last sold in July 2013 at AED 1,586 per sqft, 27% above what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,251). 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. 1304's AED 86,250 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Dec 202517 December 2025 | 1,591 sqft | 2,900,000 | 1,822 | ||
| 4 Jul 20254 July 2025 | 1,591 sqft | 2,900,000 | 1,822 | ||
| 20 Jun 202520 June 2025 | 1,338 sqft | 2,550,000 | 1,905 | ||
| 28 Apr 202528 April 2025 | 1,324 sqft | 2,100,000 | 1,586 |
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 13th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 951 sqft | AED 815KAED 814,888 · Dec 2013December 2013 | 77,000 /yr | |
| 1302 | 3-bed | 2,057 sqft | AED 2.9MAED 2,900,000 · Jun 2013June 2013 | 250,000 /yr | |
| 1303 | 2-bed | 1,591 sqft | AED 1.6MAED 1,600,000 · Apr 2011April 2011 | 170,400 /yr | |
| 1305 | 1-bed | 929 sqft | AED 820KAED 820,000 · Jul 2010July 2010 | ||
| 1306 | 1-bed | 841 sqft | AED 1.2MAED 1,200,000 · Aug 2013August 2013 | 94,500 /yr | |
| 1307 | 2-bed | 1,338 sqft | AED 2.3MAED 2,300,000 · Oct 2024October 2024 | 123,900 /yr |
1304, Al Majara Tower 1 in numbers
- Sold 3 times: first on 18 July 2011 for AED 980,000, last on 17 July 2013 for AED 2,100,000 (AED 1,586 per sqft).
- Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 130,000 to AED 75,000 in 2021 and recovered to AED 86,250 by August 2022.
- At AED 86,250 a year the gross yield on the 2013 price is 4.1%, 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 28 August 2022.
Questions about 1304, Al Majara Tower 1
What did unit 1304 last sell for?
AED 2,100,000 on 17 July 2013: AED 1,586 per sqft for 1,324 sqft. The unit has 3 registered sales; the first was AED 980,000 in July 2011.
What is the rent for unit 1304?
AED 86,250 a year on the contract renewed on 28 August 2022. The previous contract, from August 2021, was AED 75,000; the unit has been rented since June 2013.
How big is unit 1304?
1,324 sqft (123.0 sqm): a two-bedroom apartment on the 13th floor of a 28-storey tower completed in 2006.
What is unit 1304 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 1304, Al Majara Tower 1
Starts from the last sale price (AED 2.1M, 17 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →