302, Al Majara Tower 1
Sold prices and rental history: sold twice, last in November 2009, 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 302, Al Majara Tower 1
What is 302 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 6 March 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,057 sqft
- Floor
- 3rd of 28
- Parking
- 557 , 558
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 31,100 /yr
- Last sold
- AED 2.04M · November 2009
- Building
- Al Majara Tower 1
About 302, Al Majara Tower 1
302 is a three-bedroom apartment of 2,057 sqft on the 3rd floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 22 November 2009 for AED 2,040,000, or AED 991 per sqft, 10% above the AED 903 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 6 March 2025, is AED 255,000 a year: a gross yield of 12.5% on the 2009 price, before the service charge of about AED 31,100 a year.
Sales and rents for 302 over time
302 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Al Majara Tower 1, and where 302 sits
All 35 3-beds →302 last sold in November 2009 at AED 991 per sqft, 10% above what three-beds in Al Majara Tower 1 were fetching at the time (AED 903). 302's AED 255,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Feb 202514 February 2025 | 2,057 sqft | 4,300,000 | 2,090 | ||
| 9 Jan 20259 January 2025 | 2,057 sqft | 3,950,000 | 1,920 | ||
| 18 Sep 202418 September 2024 | 2,057 sqft | 3,570,000 | 1,735 | ||
| 19 Mar 202419 March 2024 | 2,287 sqft | 4,000,000 | 1,749 |
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 3rd floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 951 sqft | AED 299KAED 299,000 · Aug 2009August 2009 | 130,000 /yr | |
| 303 | 2-bed | 1,591 sqft | AED 1.8MAED 1,800,000 · Mar 2013March 2013 | ||
| 304 | 2-bed | 1,324 sqft | AED 2.1MAED 2,100,000 · Dec 2024December 2024 | 97,000 /yr | |
| 305 | 1-bed | 929 sqft | AED 1.45MAED 1,450,000 · Apr 2024April 2024 | 93,000 /yr | |
| 306 | 1-bed | 841 sqft | AED 1.24MAED 1,240,000 · Jun 2016June 2016 | 95,000 /yr | |
| 307 | 2-bed | 1,338 sqft | AED 813KAED 813,000 · Jun 2010June 2010 | 100,000 /yr |
302, Al Majara Tower 1 in numbers
- Sold twice: first on 1 June 2008 for AED 1,310,000, last on 22 November 2009 for AED 2,040,000 (AED 991 per sqft).
- Rented since November 2013 on 8 Ejari contracts, from AED 170,000 to AED 255,000 a year.
- At AED 255,000 a year the gross yield on the 2009 price is 12.5%, before a service charge of about AED 31,100 a year (AED 15.11 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 6 March 2025.
Questions about 302, Al Majara Tower 1
What did unit 302 last sell for?
AED 2,040,000 on 22 November 2009: AED 991 per sqft for 2,057 sqft. The unit has 2 registered sales; the first was AED 1,310,000 in June 2008.
What is the rent for unit 302?
AED 255,000 a year on the contract renewed on 6 March 2025. The previous contract, from November 2024, was AED 255,000; the unit has been rented since November 2013.
How big is unit 302?
2,057 sqft (191.1 sqm): a three-bedroom apartment on the 3rd floor of a 28-storey tower completed in 2006.
What is unit 302 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 302, Al Majara Tower 1
Starts from the last sale price (AED 2.04M, 22 November 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 2,040,000
- Deposit, UAE resident (20%)
- AED 408,000
- Deposit, non-resident (40%)
- AED 816,000
- Monthly over 25 years at 3.7%
- AED 8,346
Plus AED 90,690 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →