1505, Al Majara Tower 1
Sold prices and rental history: sold twice, last in May 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1505, Al Majara Tower 1
What is 1505 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 31 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 929 sqft
- Floor
- 15th of 28
- Parking
- 183
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,000 /yr
- Last sold
- AED 1.6M · May 2014
- Building
- Al Majara Tower 1
About 1505, Al Majara Tower 1
1505 is a one-bedroom apartment of 929 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 12 May 2014 for AED 1,600,000, or AED 1,722 per sqft, 22% above the AED 1,412 one-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 31 January 2025, is AED 110,000 a year: a gross yield of 6.9% on the 2014 price, before the service charge of about AED 14,000 a year.
Sales and rents for 1505 over time
1505 has sold twice; 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 1505 sits
All 73 1-beds →1505 last sold in May 2014 at AED 1,722 per sqft, 22% above what one-beds in Al Majara Tower 1 were fetching at the time (AED 1,412). 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. 1505's AED 110,000 is in the upper 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 | ||
| 31 Jul 202531 July 2025 | 951 sqft | 1,865,000 | 1,961 | ||
| 11 Jun 202511 June 2025 | 951 sqft | 2,300,000 | 2,418 | ||
| 16 May 202516 May 2025 | 951 sqft | 1,850,000 | 1,945 |
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 | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 951 sqft | AED 1.87MAED 1,865,000 · Jul 2025July 2025 | 105,000 /yr | |
| 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 | |
| 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 |
1505, Al Majara Tower 1 in numbers
- Sold twice: first on 8 January 2008 for AED 410,000, last on 12 May 2014 for AED 1,600,000 (AED 1,722 per sqft).
- Rented since June 2013 on 3 Ejari contracts, from AED 85,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2014 price is 6.9%, 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 31 January 2025.
Questions about 1505, Al Majara Tower 1
What did unit 1505 last sell for?
AED 1,600,000 on 12 May 2014: AED 1,722 per sqft for 929 sqft. The unit has 2 registered sales; the first was AED 410,000 in January 2008.
What is the rent for unit 1505?
AED 110,000 a year on the contract renewed on 31 January 2025. The previous contract, from August 2019, was AED 85,000; the unit has been rented since June 2013.
How big is unit 1505?
929 sqft (86.3 sqm): a one-bedroom apartment on the 15th floor of a 28-storey tower completed in 2006.
What is unit 1505 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.
Selling 1505? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1505, Al Majara Tower 1
Starts from the last sale price (AED 1.6M, 12 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus AED 72,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →