1501, Al Majara Tower 1
Sold prices and rental history: sold 3 times, last in July 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Al Majara Tower 1
What is 1501 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 31 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 951 sqft
- Floor
- 15th of 28
- Parking
- 1
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,400 /yr
- Last sold
- AED 1.87M · July 2025
- Building
- Al Majara Tower 1
About 1501, Al Majara Tower 1
1501 is a one-bedroom apartment of 951 sqft on the 15th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 31 July 2025 for AED 1,865,000, or AED 1,961 per sqft, in line with the AED 1,945 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 105,000 a year: a gross yield of 5.6% on the 2025 price, before the service charge of about AED 14,400 a year.
Sales and rents for 1501 over time
1501 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1501 sits
All 73 1-beds →1501 last sold in July 2025 at AED 1,961 per sqft, in line with what one-beds in Al Majara Tower 1 were fetching at the time (AED 1,945). 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. 1501's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 929 sqft | 1,900,000 | 2,045 | ||
| 11 Jun 202511 June 2025 | 951 sqft | 2,300,000 | 2,418 | ||
| 16 May 202516 May 2025 | 951 sqft | 1,850,000 | 1,945 | ||
| 13 Aug 202413 August 2024 | 929 sqft | 1,585,000 | 1,706 |
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 15th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 3-bed | 2,057 sqft | AED 2.14MAED 2,135,000 · Apr 2019April 2019 | 202,009 /yr | |
| 1503 | 2-bed | 1,591 sqft | AED 2.9MAED 2,900,000 · Jul 2008July 2008 | 128,100 /yr | |
| 1504 | 2-bed | 1,324 sqft | AED 1.25MAED 1,250,000 · Oct 2011October 2011 | 127,050 /yr | |
| 1505 | 1-bed | 929 sqft | AED 1.6MAED 1,600,000 · May 2014May 2014 | 110,000 /yr | |
| 1506 | 1-bed | 841 sqft | AED 532KAED 532,000 · Mar 2015March 2015 | 84,000 /yr | |
| 1507 | 2-bed | 1,338 sqft | AED 477KAED 476,555 · Oct 2021October 2021 | 120,973 /yr |
1501, Al Majara Tower 1 in numbers
- Sold 3 times: first on 22 June 2011 for AED 719,500, last on 31 July 2025 for AED 1,865,000 (AED 1,961 per sqft).
- Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 122,500 to AED 70,000 in 2022 and recovered to AED 105,000 by February 2025.
- At AED 105,000 a year the gross yield on the 2025 price is 5.6%, before a service charge of about AED 14,400 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 31 July 2025.
Questions about 1501, Al Majara Tower 1
What did unit 1501 last sell for?
AED 1,865,000 on 31 July 2025: AED 1,961 per sqft for 951 sqft. The unit has 3 registered sales; the first was AED 719,500 in June 2011.
What is the rent for unit 1501?
AED 105,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2024, was AED 95,000; the unit has been rented since February 2018.
How big is unit 1501?
951 sqft (88.4 sqm): a one-bedroom apartment on the 15th floor of a 28-storey tower completed in 2006.
What is unit 1501 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 1501, Al Majara Tower 1
Starts from the last sale price (AED 1.87M, 31 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,865,000
- Deposit, UAE resident (20%)
- AED 373,000
- Deposit, non-resident (40%)
- AED 746,000
- Monthly over 25 years at 3.7%
- AED 7,630
Plus AED 83,340 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →