403, Al Majara Tower 1
Sold prices and rental history: sold once, by the developer in November 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, Al Majara Tower 1
What is 403 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 January 2025.
Key facts
- Type
- Apartment
- Size
- 1,591 sqft
- Floor
- 4th of 28
- Parking
- 690
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 24,000 /yr
- Last sold
- AED 525K · November 2009
- Building
- Al Majara Tower 1
About 403, Al Majara Tower 1
403 is an apartment of 1,591 sqft on the 4th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 18 November 2009 for AED 524,500, or AED 329 per sqft.
It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 10 January 2025, is AED 145,000 a year: a gross yield of 27.7% on the 2009 price, before the service charge of about AED 24,000 a year.
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 4th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 951 sqft | AED 606KAED 606,000 · Oct 2018October 2018 | 80,000 /yr | |
| 402 | 3-bed | 2,057 sqft | AED 2.75MAED 2,750,000 · Jul 2013July 2013 | 235,000 /yr | |
| 404 | 2-bed | 1,324 sqft | AED 2.1MAED 2,100,000 · Apr 2025April 2025 | ||
| 405 | 1-bed | 929 sqft | AED 1.27MAED 1,265,000 · Nov 2013November 2013 | 112,000 /yr | |
| 406 | 1-bed | 412 sqft | AED 500KAED 500,000 · Jan 2023January 2023 | 102,500 /yr | |
| 407 | 2-bed | 1,338 sqft | AED 2.2MAED 2,200,000 · Dec 2023December 2023 | 148,000 /yr |
403, Al Majara Tower 1 in numbers
- Sold once: by Emaar on 18 November 2009 for AED 524,500, or AED 329 per sqft.
- Rented since December 2012 on 8 Ejari contracts, from AED 105,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2009 price is 27.7%, before a service charge of about AED 24,000 a year (AED 15.11 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 10 January 2025.
Questions about 403, Al Majara Tower 1
What did unit 403 last sell for?
AED 524,500 on 18 November 2009, sold by the developer: AED 329 per sqft for 1,591 sqft. It is the only registered sale of the unit.
What is the rent for unit 403?
AED 145,000 a year on the contract renewed on 10 January 2025. The previous contract, from December 2022, was AED 105,000; the unit has been rented since December 2012.
How big is unit 403?
1,591 sqft (147.8 sqm): an apartment on the 4th floor of a 28-storey tower completed in 2006.
What is unit 403 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 403, Al Majara Tower 1
Starts from the last sale price (AED 525K, 18 November 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 524,500
- Deposit, UAE resident (20%)
- AED 104,900
- Deposit, non-resident (40%)
- AED 209,800
- Monthly over 25 years at 3.7%
- AED 2,146
Plus AED 27,039 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →