305, Al Majara Tower 1
Sold prices and rental history: sold 4 times, last in April 2024, 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 305, Al Majara Tower 1
What is 305 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 22 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 929 sqft
- Floor
- 3rd of 28
- Parking
- 688
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,000 /yr
- Last sold
- AED 1.45M · April 2024
- Building
- Al Majara Tower 1
About 305, Al Majara Tower 1
305 is a one-bedroom apartment of 929 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 April 2024 for AED 1,450,000, or AED 1,560 per sqft, 4% below the AED 1,624 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 July 2023, is AED 93,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 14,000 a year.
Sales and rents for 305 over time
305 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 305 sits
All 73 1-beds →305 last sold in April 2024 at AED 1,560 per sqft, 4% below what one-beds in Al Majara Tower 1 were fetching at the time (AED 1,624). 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. 305's AED 93,000 is in the lower 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 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 | |
| 302 | 3-bed | 2,057 sqft | AED 2.04MAED 2,040,000 · Nov 2009November 2009 | 255,000 /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 | |
| 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 |
305, Al Majara Tower 1 in numbers
- Sold 4 times: first on 14 February 2011 for AED 658,888, last on 22 April 2024 for AED 1,450,000 (AED 1,560 per sqft).
- Rented since March 2013 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 61,000 in 2022 and recovered to AED 93,000 by July 2023.
- At AED 93,000 a year the gross yield on the 2024 price is 6.4%, 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 22 April 2024.
Questions about 305, Al Majara Tower 1
What did unit 305 last sell for?
AED 1,450,000 on 22 April 2024: AED 1,560 per sqft for 929 sqft. The unit has 4 registered sales; the first was AED 658,888 in February 2011.
What is the rent for unit 305?
AED 93,000 a year on the contract signed on 1 July 2023. The previous contract, from September 2022, was AED 80,000; the unit has been rented since March 2013.
How big is unit 305?
929 sqft (86.3 sqm): a one-bedroom apartment on the 3rd floor of a 28-storey tower completed in 2006.
What is unit 305 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 305, Al Majara Tower 1
Starts from the last sale price (AED 1.45M, 22 April 2024). 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 →