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2-bed · 1,591 sqftAl Majara Tower 1, Dubai Marina · 3rd floor · completed 2006

303, Al Majara Tower 1

Sold prices and rental history: sold 3 times, last in March 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 26 March 2013
Last soldAED 1.8M26 March 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Al Majara Tower 1

What is 303 worth today?

Last sold for AED 1,800,000 in 2013

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26 Mar 2013SoldReady
AED 1,800,000AED 1,131 per sqft
23 Aug 2011SoldReady
AED 1,425,000AED 895 per sqft
22 Aug 2011Sold by developerReady
AED 1,250,000AED 785 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 March 2013.

Key facts

Type
2-bed apartment
Size
1,591 sqft
Floor
3rd of 28
Parking
42
Developer
Emaar
Completed
2006
Service charge
AED 24,000 /yr
Last sold
AED 1.8M · March 2013
Building
Al Majara Tower 1

About 303, Al Majara Tower 1

303 is a two-bedroom apartment of 1,591 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 26 March 2013 for AED 1,800,000, or AED 1,131 per sqft, in line with the AED 1,108 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical two-bed in Al Majara Tower 1
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,485,200; 2009 AED 1,350,000; 2010 AED 1,075,000; 2011 AED 1,231,974; 2012 AED 1,325,000; 2013 AED 1,887,500; 2014 AED 2,350,000; 2015 AED 2,150,000; 2016 AED 1,850,000; 2017 AED 1,870,000; 2018 AED 2,045,000; 2019 AED 700,000; 2020 AED 1,212,500; 2021 AED 1,455,000; 2022 AED 1,800,000; 2023 AED 2,200,000; 2024 AED 2,300,000; 2025 AED 2,806,229Sold, August 2011: AED 1,425,000 (AED 895 per sqft)Sold by developer, August 2011: AED 1,250,000 (AED 785 per sqft)Sold, March 2013: AED 1,800,000 (AED 1,131 per sqft)

303 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 303, each contractTypical two-bed in Al Majara Tower 1
100K150K2012201620202024Typical rent by year: 2012 AED 117,500; 2013 AED 138,674; 2014 AED 152,456; 2015 AED 160,000; 2016 AED 150,000; 2017 AED 148,500; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 97,500; 2021 AED 100,000; 2022 AED 114,692; 2023 AED 130,000; 2024 AED 135,000; 2025 AED 150,078; 2026 AED 140,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Al Majara Tower 1, and where 303 sits

All 74 2-beds →

303 last sold in March 2013 at AED 1,131 per sqft, in line with what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,108). Over the last 12 months two-beds sold for AED 2,900,000, around AED 1,822 per sqft, and rent for AED 100,000 to 163,500 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Dec 20252,900,000
4 Jul 20252,900,000
20 Jun 20252,550,000
28 Apr 20252,100,000
1 2-bed sale in the last 12 months

Al Majara Tower 1

Building

188 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%
Al Majara Tower 1, Dubai Marina: prices, sales and rents →

Other units on the 3rd floor

All 188 units in Al Majara Tower 1
Value
3011-bedAED 299K · Aug 2009
3023-bedAED 2.04M · Nov 2009
3042-bedAED 2.1M · Dec 2024
3051-bedAED 1.45M · Apr 2024
3061-bedAED 1.24M · Jun 2016
3072-bedAED 813K · Jun 2010

303, Al Majara Tower 1 in numbers

  • Sold 3 times: first on 22 August 2011 for AED 1,250,000, last on 26 March 2013 for AED 1,800,000 (AED 1,131 per sqft).
  • Two-beds in Al Majara Tower 1 sold for AED 2,900,000–2,900,000 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 March 2013.

Questions about 303, Al Majara Tower 1

What did unit 303 last sell for?

AED 1,800,000 on 26 March 2013: AED 1,131 per sqft for 1,591 sqft. The unit has 3 registered sales; the first was AED 1,250,000 in August 2011.

How big is unit 303?

1,591 sqft (147.8 sqm): a two-bedroom apartment on the 3rd floor of a 28-storey tower completed in 2006.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Majara Tower 1 sold for AED 2,900,000 to 2,900,000 in the last 12 months, around AED 1,822 per sqft.

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Mortgage on 303, Al Majara Tower 1

Starts from the last sale price (AED 1.8M, 26 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →