1701, Al Majara Tower 1
Sold prices and rental history: sold 4 times, last in July 2018, and rented once, from August 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1701, Al Majara Tower 1
What is 1701 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 July 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 951 sqft
- Floor
- 17th of 28
- Parking
- 174
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,400 /yr
- Last sold
- AED 1.45M · July 2018
- Building
- Al Majara Tower 1
About 1701, Al Majara Tower 1
1701 is a one-bedroom apartment of 951 sqft on the 17th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 26 July 2018 for AED 1,450,000, or AED 1,524 per sqft, 3% below the AED 1,577 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 August 2017. The current contract, signed on 15 August 2017, is AED 110,000 a year: a gross yield of 7.6% on the 2018 price, before the service charge of about AED 14,400 a year.
Sales and rents for 1701 over time
1701 has sold 4 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 1701 sits
All 73 1-beds →1701 last sold in July 2018 at AED 1,524 per sqft, 3% below what one-beds in Al Majara Tower 1 were fetching at the time (AED 1,577). 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. 1701'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 17th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1702 | 3-bed | 2,057 sqft | AED 4.3MAED 4,300,000 · Feb 2025February 2025 | 220,000 /yr | |
| 1703 | 2-bed | 1,591 sqft | AED 1.1MAED 1,100,000 · May 2016May 2016 | 186,000 /yr | |
| 1704 | 2-bed | 1,324 sqft | AED 2.33MAED 2,325,000 · Dec 2023December 2023 | 134,789 /yr | |
| 1705 | 1-bed | 929 sqft | AED 1.37MAED 1,370,000 · Dec 2022December 2022 | 70,000 /yr | |
| 1706 | 1-bed | 841 sqft | AED 650KAED 650,000 · Mar 2011March 2011 | 94,500 /yr | |
| 1707 | 2-bed | 1,338 sqft | AED 1.7MAED 1,700,000 · Dec 2021December 2021 | 170,000 /yr |
1701, Al Majara Tower 1 in numbers
- Sold 4 times: first on 21 June 2010 for AED 367,750, last on 26 July 2018 for AED 1,450,000 (AED 1,524 per sqft).
- Rented since August 2017 on one Ejari contract, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2018 price is 7.6%, 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 26 July 2018.
Questions about 1701, Al Majara Tower 1
What did unit 1701 last sell for?
AED 1,450,000 on 26 July 2018: AED 1,524 per sqft for 951 sqft. The unit has 4 registered sales; the first was AED 367,750 in June 2010.
What is the rent for unit 1701?
AED 110,000 a year on the contract signed on 15 August 2017.
How big is unit 1701?
951 sqft (88.4 sqm): a one-bedroom apartment on the 17th floor of a 28-storey tower completed in 2006.
What is unit 1701 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 1701, Al Majara Tower 1
Starts from the last sale price (AED 1.45M, 26 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus AED 65,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →