2006, Al Majara Tower 1
Sold prices and rental history: sold 4 times, last in April 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2006, Al Majara Tower 1
What is 2006 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 841 sqft
- Floor
- 20th of 28
- Parking
- 186
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.38M · April 2023
- Building
- Al Majara Tower 1
About 2006, Al Majara Tower 1
2006 is a one-bedroom apartment of 841 sqft on the 20th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 25 April 2023 for AED 1,375,000, or AED 1,634 per sqft, in line with the AED 1,603 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 December 2022, is AED 75,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 12,700 a year.
Sales and rents for 2006 over time
2006 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 2006 sits
All 73 1-beds →2006 last sold in April 2023 at AED 1,634 per sqft, in line with what one-beds in Al Majara Tower 1 were fetching at the time (AED 1,603). 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. 2006's AED 75,000 is at the bottom 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 20th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 951 sqft | AED 380KAED 379,750 · Jul 2010July 2010 | 126,000 /yr | |
| 2002 | 3-bed | 2,057 sqft | AED 2.02MAED 2,021,888 · Feb 2013February 2013 | 240,000 /yr | |
| 2004 | 2-bed | 1,324 sqft | AED 1.55MAED 1,550,000 · Nov 2012November 2012 | 140,000 /yr | |
| 2005 | 1-bed | 929 sqft | AED 1.25MAED 1,250,000 · Nov 2013November 2013 | 100,000 /yr | |
| 2007 | 2-bed | 1,338 sqft | AED 1.25MAED 1,250,000 · Oct 2014October 2014 | 160,000 /yr |
2006, Al Majara Tower 1 in numbers
- Sold 4 times: first on 3 April 2008 for AED 750,000, last on 25 April 2023 for AED 1,375,000 (AED 1,634 per sqft).
- Rented since May 2013 on 9 Ejari contracts. The rent fell from AED 71,000 to AED 60,000 in 2020 and recovered to AED 75,000 by December 2022.
- At AED 75,000 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 12,700 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 25 April 2023.
Questions about 2006, Al Majara Tower 1
What did unit 2006 last sell for?
AED 1,375,000 on 25 April 2023: AED 1,634 per sqft for 841 sqft. The unit has 4 registered sales; the first was AED 750,000 in April 2008.
What is the rent for unit 2006?
AED 75,000 a year on the contract renewed on 15 December 2022. The previous contract, from December 2021, was AED 75,000; the unit has been rented since May 2013.
How big is unit 2006?
841 sqft (78.1 sqm): a one-bedroom apartment on the 20th floor of a 28-storey tower completed in 2006.
What is unit 2006 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 2006, Al Majara Tower 1
Starts from the last sale price (AED 1.38M, 25 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,375,000
- Deposit, UAE resident (20%)
- AED 275,000
- Deposit, non-resident (40%)
- AED 550,000
- Monthly over 25 years at 3.7%
- AED 5,626
Plus AED 62,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →