1601, Al Majara Tower 1
Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Al Majara Tower 1
What is 1601 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 951 sqft
- Floor
- 16th of 28
- Parking
- 180
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,400 /yr
- Last sold
- AED 843K · February 2011
- Building
- Al Majara Tower 1
About 1601, Al Majara Tower 1
1601 is a one-bedroom apartment of 951 sqft on the 16th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 21 February 2011 for AED 842,888, or AED 886 per sqft, 20% above the AED 738 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 125,000 a year: a gross yield of 14.8% on the 2011 price, before the service charge of about AED 14,400 a year.
Sales and rents for 1601 over time
1601 has sold once; 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 1601 sits
All 73 1-beds →1601 last sold in February 2011 at AED 886 per sqft, 20% above what one-beds in Al Majara Tower 1 were fetching at the time (AED 738). 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. 1601's AED 125,000 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 16th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 3-bed | 2,057 sqft | AED 1.68MAED 1,678,500 · Dec 2008December 2008 | 210,000 /yr | |
| 1603 | 2-bed | 171 sqft | AED 150KAED 150,000 · Aug 2019August 2019 | 124,732 /yr | |
| 1604 | 2-bed | 662 sqft | AED 1.01MAED 1,010,000 · Jan 2018January 2018 | 140,000 /yr | |
| 1605 | 1-bed | 929 sqft | AED 1.61MAED 1,610,000 · Jun 2015June 2015 | 110,000 /yr | |
| 1606 | 1-bed | 841 sqft | AED 269KAED 269,000 · Dec 2009December 2009 | 79,695 /yr | |
| 1607 | 2-bed | 1,338 sqft | AED 1.23MAED 1,225,000 · Jan 2020January 2020 | 135,000 /yr |
1601, Al Majara Tower 1 in numbers
- Sold once: by Emaar on 21 February 2011 for AED 842,888, or AED 886 per sqft.
- Rented since September 2015 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 80,000 in 2021 and recovered to AED 125,000 by December 2025.
- At AED 125,000 a year the gross yield on the 2011 price is 14.8%, 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 1 December 2025.
Questions about 1601, Al Majara Tower 1
What did unit 1601 last sell for?
AED 842,888 on 21 February 2011, sold by the developer: AED 886 per sqft for 951 sqft. It is the only registered sale of the unit.
What is the rent for unit 1601?
AED 125,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 125,000; the unit has been rented since September 2015.
How big is unit 1601?
951 sqft (88.4 sqm): a one-bedroom apartment on the 16th floor of a 28-storey tower completed in 2006.
What is unit 1601 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 1601, Al Majara Tower 1
Starts from the last sale price (AED 843K, 21 February 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 842,888
- Deposit, UAE resident (20%)
- AED 168,578
- Deposit, non-resident (40%)
- AED 337,155
- Monthly over 25 years at 3.7%
- AED 3,449
Plus AED 40,412 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →