102, Al Majara Tower 3
Sold prices and rental history: sold once, by the developer in December 2008, 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 102, Al Majara Tower 3
What is 102 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 869 sqft
- Floor
- 1st of 9
- Parking
- 285
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 13,100 /yr
- Last sold
- AED 585K · December 2008
- Building
- Al Majara Tower 3
About 102, Al Majara Tower 3
102 is a one-bedroom apartment of 869 sqft on the 1st floor of Al Majara Tower 3, a 9-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 17 December 2008 for AED 584,800, or AED 672 per sqft, 17% below the AED 808 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 26 November 2024, is AED 82,500 a year: a gross yield of 14.1% on the 2008 price, before the service charge of about AED 13,100 a year.
Sales and rents for 102 over time
102 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 3, and where 102 sits
All 16 1-beds →102 last sold in December 2008 at AED 672 per sqft, 17% below what one-beds in Al Majara Tower 3 were fetching at the time (AED 808). 102's AED 82,500 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jan 202411 January 2024 | 869 sqft | 1,500,000 | 1,726 | ||
| 13 Jan 202213 January 2022 | 869 sqft | 1,230,000 | 1,415 | ||
| 1 Jun 20211 June 2021 | 869 sqft | 1,170,000 | 1,346 | ||
| 27 Jan 202127 January 2021 | 443 sqft | 600,000 | 1,353 |
Al Majara Tower 3
Building55 apartments, 1-bed to 3-bed over 9 floors in Dubai Marina, completed in 2006 by Emaar. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,820
- Typical sale
- AED 2.55M
- Typical rent
- AED 135K /yr
- Typical yield
- 7.0%
Other units on the 1st floor
All 55 units in Al Majara Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 701 sqft | AED 687KAED 686,913 · Mar 2017March 2017 | ||
| 103 | 2-bed | 1,386 sqft | AED 1.8MAED 1,800,000 · Aug 2017August 2017 | 165,000 /yr | |
| 104 | 2-bed | 1,386 sqft | AED 2.5MAED 2,500,000 · Jul 2014July 2014 | ||
| 105 | 869 sqft | AED 750KAED 750,000 · Oct 2010October 2010 | 93,000 /yr | ||
| 106 | 2-bed | 1,401 sqft | AED 1.3MAED 1,300,000 · Jan 2011January 2011 | 130,000 /yr |
102, Al Majara Tower 3 in numbers
- Sold once: by Emaar on 17 December 2008 for AED 584,800, or AED 672 per sqft.
- Rented since February 2013 on 9 Ejari contracts. The rent fell from AED 84,000 to AED 60,000 in 2020 and recovered to AED 82,500 by November 2024.
- At AED 82,500 a year the gross yield on the 2008 price is 14.1%, before a service charge of about AED 13,100 a year (AED 15.11 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 26 November 2024.
Questions about 102, Al Majara Tower 3
What did unit 102 last sell for?
AED 584,800 on 17 December 2008, sold by the developer: AED 672 per sqft for 869 sqft. It is the only registered sale of the unit.
What is the rent for unit 102?
AED 82,500 a year on the contract renewed on 26 November 2024. The previous contract, from November 2023, was AED 75,000; the unit has been rented since February 2013.
How big is unit 102?
869 sqft (80.7 sqm): a one-bedroom apartment on the 1st floor of a 9-storey tower completed in 2006.
What is unit 102 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 102, Al Majara Tower 3
Starts from the last sale price (AED 585K, 17 December 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 584,800
- Deposit, UAE resident (20%)
- AED 116,960
- Deposit, non-resident (40%)
- AED 233,920
- Monthly over 25 years at 3.7%
- AED 2,393
Plus AED 29,572 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →