1-bed · 929 sqftAl Majara Tower 1, Dubai Marina · 6th floor · completed 2006

605, Al Majara Tower 1

Sold prices and rental history: sold twice, last in February 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 825K28 February 2012
Current rentAED 77K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Al Majara Tower 1

What is 605 worth today?

Last sold for AED 825,000 in 2012

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10 Oct 2024RentedRenewal
AED 77,000/yr12 months · AED 83 per sqft
10 Oct 2023RentedRenewal
AED 70,000/yr12 months · AED 76 per sqft
10 Oct 2022RentedRenewal
AED 67,000/yr12 months · AED 72 per sqft
10 Oct 2021RentedRenewal
AED 63,000/yr12 months · AED 68 per sqft
10 Oct 2020RentedRenewal
AED 63,000/yr12 months · AED 68 per sqft
10 Oct 2019RentedNew contract
AED 70,000/yr12 months · AED 76 per sqft
1 Feb 2015RentedNew contract
AED 95,000/yr12 months · AED 103 per sqft
28 Feb 2012SoldReady
AED 825,000AED 888 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2024.

Key facts

Type
1-bed apartment
Size
929 sqft
Floor
6th of 28
Parking
48
Developer
Emaar
Completed
2006
Service charge
AED 14,000 /yr
Last sold
AED 825K · February 2012

About 605, Al Majara Tower 1

605 is a one-bedroom apartment of 929 sqft on the 6th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 28 February 2012 for AED 825,000, or AED 888 per sqft, 12% above the AED 790 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 10 October 2024, is AED 77,000 a year: a gross yield of 9.3% on the 2012 price, before the service charge of about AED 14,000 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical one-bed in Al Majara Tower 1
1M2M2008201320182023Typical 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, February 2012: AED 825,000 (AED 888 per sqft)Sold by developer, February 2012: AED 700,000 (AED 753 per sqft)

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

Rents
Unit 605, each contractTypical one-bed in Al Majara Tower 1
75K100K2012201620202024Typical 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, February 2015: AED 95,000 a yearNew contract, October 2019: AED 70,000 a yearRenewal, October 2020: AED 63,000 a yearRenewal, October 2021: AED 63,000 a yearRenewal, October 2022: AED 67,000 a yearRenewal, October 2023: AED 70,000 a yearRenewal, October 2024: AED 77,000 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 605 sits

All 73 1-beds →

605 last sold in February 2012 at AED 888 per sqft, 12% above what one-beds in Al Majara Tower 1 were fetching at the time (AED 790). 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. 605's AED 77,000 is at the bottom 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 6th floor

All 188 units in Al Majara Tower 1
Value
6011-bedAED 1.55M · Mar 2023
6023-bedAED 2.55M · Dec 2020
6032-bedAED 2.9M · Jul 2025
6042-bedAED 2.28M · Aug 2024
6061-bedAED 1.55M · Aug 2024
6072-bedAED 1.75M · Nov 2022

605, Al Majara Tower 1 in numbers

  • Sold twice: first on 23 February 2012 for AED 700,000, last on 28 February 2012 for AED 825,000 (AED 888 per sqft).
  • Rented since February 2015 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 63,000 in 2021 and recovered to AED 77,000 by October 2024.
  • At AED 77,000 a year the gross yield on the 2012 price is 9.3%, 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 10 October 2024.

Questions about 605, Al Majara Tower 1

What did unit 605 last sell for?

AED 825,000 on 28 February 2012: AED 888 per sqft for 929 sqft. The unit has 2 registered sales; the first was AED 700,000 in February 2012.

What is the rent for unit 605?

AED 77,000 a year on the contract renewed on 10 October 2024. The previous contract, from October 2023, was AED 70,000; the unit has been rented since February 2015.

How big is unit 605?

929 sqft (86.3 sqm): a one-bedroom apartment on the 6th floor of a 28-storey tower completed in 2006.

What is unit 605 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 605, Al Majara Tower 1

Starts from the last sale price (AED 825K, 28 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

Plus AED 39,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →