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1-bed · 841 sqftAl Majara Tower 1, Dubai Marina · 3rd floor · completed 2006

306, Al Majara Tower 1

Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 1.24M27 June 2016
Current rentAED 95K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 306, Al Majara Tower 1

What is 306 worth today?

Last sold for AED 1,240,000 in 2016

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15 Mar 2025RentedNew contract
AED 95,000/yr12 months · AED 113 per sqft
15 Jan 2021RentedRenewal
AED 70,000/yr6 months · AED 83 per sqft
1 Jan 2017RentedNew contract
AED 120,000/yr12 months · AED 143 per sqft
27 Jun 2016SoldReady
AED 1,240,000AED 1,474 per sqft
25 Jun 2015RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
20 May 2013Sold by developerReady
AED 230,000AED 273 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
3rd of 28
Parking
687
Developer
Emaar
Completed
2006
Service charge
AED 12,700 /yr
Last sold
AED 1.24M · June 2016
Building
Al Majara Tower 1

About 306, Al Majara Tower 1

306 is a one-bedroom apartment of 841 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 27 June 2016 for AED 1,240,000, or AED 1,474 per sqft, in line with the AED 1,516 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 15 March 2025, is AED 95,000 a year: a gross yield of 7.7% on the 2016 price, before the service charge of about AED 12,700 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Al Majara Tower 1
01M2M2008201320182023Typical sale price by year: 2008 AED 764,735; 2009 AED 474,000; 2010 AED 608,000; 2011 AED 734,750; 2012 AED 875,000; 2013 AED 1,137,500; 2014 AED 1,537,500; 2015 AED 1,200,000; 2016 AED 1,257,500; 2017 AED 1,650,000; 2018 AED 1,450,000; 2020 AED 800,000; 2021 AED 956,500; 2022 AED 1,262,500; 2023 AED 1,500,000; 2024 AED 1,567,500; 2025 AED 1,865,000Sold by developer, May 2013: AED 230,000 (AED 273 per sqft)Sold, June 2016: AED 1,240,000 (AED 1,474 per sqft)

306 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 306, each contractTypical one-bed in Al Majara Tower 1
50K100K2012201620202024Typical rent by year: 2012 AED 81,000; 2013 AED 85,000; 2014 AED 100,000; 2015 AED 115,000; 2016 AED 113,651; 2017 AED 112,000; 2018 AED 95,000; 2019 AED 90,000; 2020 AED 70,750; 2021 AED 71,000; 2022 AED 80,150; 2023 AED 92,400; 2024 AED 105,000; 2025 AED 107,000New contract, June 2015: AED 50,000 a yearNew contract, January 2017: AED 120,000 a yearRenewal, January 2021: AED 70,000 a yearNew contract, March 2025: AED 95,000 a year

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 306 sits

All 73 1-beds →

306 last sold in June 2016 at AED 1,474 per sqft, in line with what one-beds in Al Majara Tower 1 were fetching at the time (AED 1,516). 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. 306's AED 95,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jan 20261,900,000
31 Jul 20251,865,000
11 Jun 20252,300,000
16 May 20251,850,000
1 1-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
3032-bedAED 1.8M · Mar 2013
3042-bedAED 2.1M · Dec 2024
3051-bedAED 1.45M · Apr 2024
3072-bedAED 813K · Jun 2010

306, Al Majara Tower 1 in numbers

  • Sold twice: first on 20 May 2013 for AED 230,000, last on 27 June 2016 for AED 1,240,000 (AED 1,474 per sqft).
  • Rented since June 2015 on 4 Ejari contracts, from AED 50,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2016 price is 7.7%, 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: Dubai Land Department. Updated 15 March 2025.

Questions about 306, Al Majara Tower 1

What did unit 306 last sell for?

AED 1,240,000 on 27 June 2016: AED 1,474 per sqft for 841 sqft. The unit has 2 registered sales; the first was AED 230,000 in May 2013.

What is the rent for unit 306?

AED 95,000 a year on the contract signed on 15 March 2025. The previous contract, from January 2021, was AED 70,000; the unit has been rented since June 2015.

How big is unit 306?

841 sqft (78.1 sqm): a one-bedroom apartment on the 3rd floor of a 28-storey tower completed in 2006.

What is unit 306 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 306, Al Majara Tower 1

Starts from the last sale price (AED 1.24M, 27 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,240,000
Deposit, UAE resident (20%)
AED 248,000
Deposit, non-resident (40%)
AED 496,000
Monthly over 25 years at 3.7%
AED 5,073

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →