1003, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in November 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1003, Al Majara Tower 2
What is 1003 worth today?
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Source: Dubai Land Department. Updated 25 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 974 sqft
- Floor
- 10th of 31
- Parking
- 502
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,700 /yr
- Last sold
- AED 373K · November 2011
- Building
- Al Majara Tower 2
About 1003, Al Majara Tower 2
1003 is a one-bedroom apartment of 974 sqft on the 10th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 13 November 2011 for AED 372,900, or AED 382 per sqft, 52% below the AED 804 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 25 July 2025, is AED 85,000 a year: a gross yield of 22.8% on the 2011 price, before the service charge of about AED 14,700 a year.
Sales and rents for 1003 over time
1003 has sold once; the dashed line is the one-bed median of each year in the building.
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 2, and where 1003 sits
All 146 1-beds →1003 last sold in November 2011 at AED 382 per sqft, 52% below what one-beds in Al Majara Tower 2 were fetching at the time (AED 804). Over the last 12 months one-beds sold for AED 1,600,000 to 2,125,000, around AED 2,044 per sqft, and rent for AED 82,000 to 135,000 a year. 1003's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jan 202621 January 2026 | 971 sqft | 2,125,000 | 2,188 | ||
| 16 Jan 202616 January 2026 | 842 sqft | 1,600,000 | 1,900 | ||
| 16 May 202516 May 2025 | 945 sqft | 2,100,000 | 2,222 | ||
| 15 Jan 202515 January 2025 | 945 sqft | 1,700,000 | 1,799 |
Al Majara Tower 2
Building246 apartments, 1-bed to 3-bed over 31 floors in Dubai Marina, completed in 2006 by Emaar. 4 sold in the last 12 months.
- Typical price per sqft
- AED 2,295
- Typical sale
- AED 3.14M
- Typical rent
- AED 125K /yr
- Typical yield
- 5.1%
Other units on the 10th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 971 sqft | AED 1.37MAED 1,370,000 · Feb 2022February 2022 | 75,000 /yr | |
| 1002 | 2-bed | 1,579 sqft | AED 2.71MAED 2,710,000 · Jan 2022January 2022 | 194,234 /yr | |
| 1004 | 2-bed | 1,408 sqft | AED 2.34MAED 2,335,000 · Mar 2022March 2022 | 120,000 /yr | |
| 1005 | 1-bed | 841 sqft | AED 634KAED 633,800 · Mar 2011March 2011 | 86,711 /yr | |
| 1006 | 1-bed | 945 sqft | AED 1.45MAED 1,450,000 · Oct 2022October 2022 | 96,000 /yr | |
| 1007 | 1-bed | 842 sqft | AED 695KAED 695,000 · Jun 2009June 2009 | 95,000 /yr | |
| 1008 | 2-bed | 1,303 sqft | AED 3MAED 3,000,000 · Aug 2014August 2014 |
1003, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 13 November 2011 for AED 372,900, or AED 382 per sqft.
- Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 104,500 to AED 75,000 in 2022 and recovered to AED 85,000 by July 2025.
- At AED 85,000 a year the gross yield on the 2011 price is 22.8%, before a service charge of about AED 14,700 a year (AED 15.11 per sqft).
- One-beds in Al Majara Tower 2 sold for AED 1,600,000–2,125,000 in the 12 months to November 2026; the building's median across all types is AED 2,295 per sqft.
Source: Dubai Land Department. Updated 25 July 2025.
Questions about 1003, Al Majara Tower 2
What did unit 1003 last sell for?
AED 372,900 on 13 November 2011, sold by the developer: AED 382 per sqft for 974 sqft. It is the only registered sale of the unit.
What is the rent for unit 1003?
AED 85,000 a year on the contract renewed on 25 July 2025. The previous contract, from July 2024, was AED 85,000; the unit has been rented since May 2014.
How big is unit 1003?
974 sqft (90.5 sqm): a one-bedroom apartment on the 10th floor of a 31-storey tower completed in 2006.
What is unit 1003 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 2 sold for AED 1,600,000 to 2,125,000 in the last 12 months, around AED 2,044 per sqft.
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Mortgage on 1003, Al Majara Tower 2
Starts from the last sale price (AED 373K, 13 November 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 372,900
- Deposit, UAE resident (20%)
- AED 74,580
- Deposit, non-resident (40%)
- AED 149,160
- Monthly over 25 years at 3.7%
- AED 1,526
Plus AED 18,572 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →