1605, Al Majara Tower 1
Sold prices and rental history: sold twice, last in June 2015, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1605, Al Majara Tower 1
What is 1605 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 16 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 929 sqft
- Floor
- 16th of 28
- Parking
- 177
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,000 /yr
- Last sold
- AED 1.61M · June 2015
- Building
- Al Majara Tower 1
About 1605, Al Majara Tower 1
1605 is a one-bedroom apartment of 929 sqft on the 16th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 10 June 2015 for AED 1,610,000, or AED 1,732 per sqft, 24% above the AED 1,393 one-beds in the building were fetching at the time.
It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 16 May 2025, is AED 110,000 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 14,000 a year.
Sales and rents for 1605 over time
1605 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 1605 sits
All 73 1-beds →1605 last sold in June 2015 at AED 1,732 per sqft, 24% above what one-beds in Al Majara Tower 1 were fetching at the time (AED 1,393). 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. 1605'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 16th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 951 sqft | AED 843KAED 842,888 · Feb 2011February 2011 | 125,000 /yr | |
| 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 | |
| 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 |
1605, Al Majara Tower 1 in numbers
- Sold twice: first on 10 June 2010 for AED 778,888, last on 10 June 2015 for AED 1,610,000 (AED 1,732 per sqft).
- Rented since October 2012 on 3 Ejari contracts, from AED 80,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2015 price is 6.8%, 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 16 May 2025.
Questions about 1605, Al Majara Tower 1
What did unit 1605 last sell for?
AED 1,610,000 on 10 June 2015: AED 1,732 per sqft for 929 sqft. The unit has 2 registered sales; the first was AED 778,888 in June 2010.
What is the rent for unit 1605?
AED 110,000 a year on the contract signed on 16 May 2025. The previous contract, from October 2013, was AED 120,000; the unit has been rented since October 2012.
How big is unit 1605?
929 sqft (86.3 sqm): a one-bedroom apartment on the 16th floor of a 28-storey tower completed in 2006.
What is unit 1605 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 1605, Al Majara Tower 1
Starts from the last sale price (AED 1.61M, 10 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,610,000
- Deposit, UAE resident (20%)
- AED 322,000
- Deposit, non-resident (40%)
- AED 644,000
- Monthly over 25 years at 3.7%
- AED 6,587
Plus AED 72,630 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →