703, Al Majara Tower 1
Sold prices and rental history: sold twice, last in December 2025, 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 703, Al Majara Tower 1
What is 703 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 17 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,591 sqft
- Floor
- 7th of 28
- Parking
- 33
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 24,000 /yr
- Last sold
- AED 2.9M · December 2025
- Building
- Al Majara Tower 1
About 703, Al Majara Tower 1
703 is a two-bedroom apartment of 1,591 sqft on the 7th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 17 December 2025 for AED 2,900,000, or AED 1,822 per sqft, in line with the AED 1,822 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 140,000 a year: a gross yield of 4.8% on the 2025 price, before the service charge of about AED 24,000 a year.
Sales and rents for 703 over time
703 has sold twice; the dashed line is the two-bed median of each year in the building.
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 703 sits
All 74 2-beds →703 last sold in December 2025 at AED 1,822 per sqft, in line with what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,822). 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. 703's AED 140,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jul 20254 July 2025 | 1,591 sqft | 2,900,000 | 1,822 | ||
| 20 Jun 202520 June 2025 | 1,338 sqft | 2,550,000 | 1,905 | ||
| 28 Apr 202528 April 2025 | 1,324 sqft | 2,100,000 | 1,586 | ||
| 4 Apr 20254 April 2025 | 1,591 sqft | 2,900,000 | 1,822 |
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 7th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 475 sqft | AED 630KAED 630,000 · Sep 2011September 2011 | ||
| 702 | 3-bed | 2,057 sqft | AED 1.36MAED 1,358,000 · Oct 2008October 2008 | 220,000 /yr | |
| 704 | 2-bed | 1,324 sqft | AED 2.05MAED 2,050,000 · Apr 2013April 2013 | 25,000 /yr | |
| 705 | 1-bed | 929 sqft | AED 600KAED 600,000 · Jun 2009June 2009 | 78,100 /yr | |
| 706 | 1-bed | 841 sqft | AED 800KAED 800,000 · Sep 2010September 2010 | 104,000 /yr | |
| 707 | 2-bed | 1,338 sqft | AED 750KAED 750,000 · Jul 2010July 2010 | 150,000 /yr |
703, Al Majara Tower 1 in numbers
- Sold twice: first on 17 March 2013 for AED 1,085,000, last on 17 December 2025 for AED 2,900,000 (AED 1,822 per sqft).
- Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 135,000 to AED 108,350 in 2023 and recovered to AED 140,000 by June 2024.
- At AED 140,000 a year the gross yield on the 2025 price is 4.8%, before a service charge of about AED 24,000 a year (AED 15.11 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 17 December 2025.
Questions about 703, Al Majara Tower 1
What did unit 703 last sell for?
AED 2,900,000 on 17 December 2025: AED 1,822 per sqft for 1,591 sqft. The unit has 2 registered sales; the first was AED 1,085,000 in March 2013.
What is the rent for unit 703?
AED 140,000 a year on the contract renewed on 1 June 2024. The previous contract, from April 2024, was AED 120,000; the unit has been rented since November 2013.
How big is unit 703?
1,591 sqft (147.8 sqm): a two-bedroom apartment on the 7th floor of a 28-storey tower completed in 2006.
What is unit 703 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.
Selling 703? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 703, Al Majara Tower 1
Starts from the last sale price (AED 2.9M, 17 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus AED 126,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →