803, Al Majara Tower 1
Sold prices and rental history: sold once, by the developer in December 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 803, Al Majara Tower 1
What is 803 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,591 sqft
- Floor
- 8th of 28
- Parking
- 27
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 24,000 /yr
- Last sold
- AED 549K · December 2009
- Building
- Al Majara Tower 1
About 803, Al Majara Tower 1
803 is a two-bedroom apartment of 1,591 sqft on the 8th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 14 December 2009 for AED 548,500, or AED 344 per sqft, 67% below the AED 1,033 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 10 November 2023, is AED 110,250 a year: a gross yield of 20.1% on the 2009 price, before the service charge of about AED 24,000 a year.
Sales and rents for 803 over time
803 has sold once; 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 803 sits
All 74 2-beds →803 last sold in December 2009 at AED 344 per sqft, 67% below what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,033). 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. 803's AED 110,250 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Dec 202517 December 2025 | 1,591 sqft | 2,900,000 | 1,822 | ||
| 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 |
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 8th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 951 sqft | AED 1.5MAED 1,500,000 · Dec 2017December 2017 | 110,000 /yr | |
| 802 | 3-bed | 2,057 sqft | AED 3.57MAED 3,570,000 · Sep 2024September 2024 | ||
| 804 | 1,324 sqft | AED 2.98MAED 2,975,000 · Oct 2025October 2025 | 110,000 /yr | ||
| 805 | 1-bed | 929 sqft | AED 1.5MAED 1,500,000 · Jul 2023July 2023 | 90,000 /yr | |
| 806 | 1-bed | 841 sqft | AED 1.3MAED 1,300,000 · Dec 2014December 2014 | 110,000 /yr | |
| 807 | 2-bed | 1,338 sqft | AED 2.15MAED 2,150,000 · Jan 2024January 2024 | 129,782 /yr |
803, Al Majara Tower 1 in numbers
- Sold once: by Emaar on 14 December 2009 for AED 548,500, or AED 344 per sqft.
- Rented since October 2012 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 90,000 in 2021 and recovered to AED 110,250 by November 2023.
- At AED 110,250 a year the gross yield on the 2009 price is 20.1%, 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 10 November 2023.
Questions about 803, Al Majara Tower 1
What did unit 803 last sell for?
AED 548,500 on 14 December 2009, sold by the developer: AED 344 per sqft for 1,591 sqft. It is the only registered sale of the unit.
What is the rent for unit 803?
AED 110,250 a year on the contract renewed on 10 November 2023. The previous contract, from November 2021, was AED 90,000; the unit has been rented since October 2012.
How big is unit 803?
1,591 sqft (147.8 sqm): a two-bedroom apartment on the 8th floor of a 28-storey tower completed in 2006.
What is unit 803 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.
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Mortgage on 803, Al Majara Tower 1
Starts from the last sale price (AED 549K, 14 December 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 548,500
- Deposit, UAE resident (20%)
- AED 109,700
- Deposit, non-resident (40%)
- AED 219,400
- Monthly over 25 years at 3.7%
- AED 2,244
Plus AED 28,047 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →