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2-bed · 1,386 sqftAl Majara Tower 3, Dubai Marina · 1st floor · completed 2006

104, Al Majara Tower 3

Sold prices and rental history: sold twice, last in July 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 17 July 2014
Last soldAED 2.5M17 July 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Al Majara Tower 3

What is 104 worth today?

Last sold for AED 2,500,000 in 2014

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17 Jul 2014SoldReady
AED 2,500,000AED 1,803 per sqft
26 May 2013Sold by developerReady
AED 910,800AED 657 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 July 2014.

Key facts

Type
2-bed apartment
Size
1,386 sqft
Floor
1st of 9
Parking
720 , 719
Developer
Emaar
Completed
2006
Service charge
AED 20,900 /yr
Last sold
AED 2.5M · July 2014
Building
Al Majara Tower 3

About 104, Al Majara Tower 3

104 is a two-bedroom apartment of 1,386 sqft on the 1st floor of Al Majara Tower 3, a 9-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 17 July 2014 for AED 2,500,000, or AED 1,803 per sqft, 39% above the AED 1,298 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical two-bed in Al Majara Tower 3
1M2M2008201220162020Typical sale price by year: 2008 AED 1,250,000; 2009 AED 1,200,000; 2010 AED 903,444; 2011 AED 1,141,944; 2012 AED 1,525,250; 2013 AED 910,800; 2015 AED 1,936,913; 2017 AED 1,825,000; 2018 AED 2,050,000; 2019 AED 1,480,000; 2022 AED 2,025,000Sold by developer, May 2013: AED 910,800 (AED 657 per sqft)Sold, July 2014: AED 2,500,000 (AED 1,803 per sqft)

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

Rents
Unit 104, each contractTypical two-bed in Al Majara Tower 3
100K150K2013201720212025Typical rent by year: 2013 AED 137,025; 2014 AED 165,000; 2015 AED 162,000; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 105,000; 2021 AED 105,000; 2022 AED 120,000; 2023 AED 143,000; 2024 AED 155,000; 2025 AED 165,000; 2026 AED 175,000

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 3, and where 104 sits

All 35 2-beds →

104 last sold in July 2014 at AED 1,803 per sqft, 39% above what two-beds in Al Majara Tower 3 were fetching at the time (AED 1,298). Over the last 12 months two-beds sold for AED 2,550,000, around AED 1,820 per sqft, and rent for AED 155,000 to 200,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Dec 20252,550,000
16 Jun 20252,925,000
19 Sep 20243,275,000
7 Jun 20232,770,000
1 2-bed sale in the last 12 months

Al Majara Tower 3

Building

55 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%
Al Majara Tower 3, Dubai Marina: prices, sales and rents →

Other units on the 1st floor

All 55 units in Al Majara Tower 3
Value
1012-bedAED 687K · Mar 2017
1021-bedAED 585K · Dec 2008
1032-bedAED 1.8M · Aug 2017
105AED 750K · Oct 2010
1062-bedAED 1.3M · Jan 2011

104, Al Majara Tower 3 in numbers

  • Sold twice: first on 26 May 2013 for AED 910,800, last on 17 July 2014 for AED 2,500,000 (AED 1,803 per sqft).
  • Two-beds in Al Majara Tower 3 sold for AED 2,550,000–2,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,820 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 17 July 2014.

Questions about 104, Al Majara Tower 3

What did unit 104 last sell for?

AED 2,500,000 on 17 July 2014: AED 1,803 per sqft for 1,386 sqft. The unit has 2 registered sales; the first was AED 910,800 in May 2013.

How big is unit 104?

1,386 sqft (128.8 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower completed in 2006.

What is unit 104 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 3 sold for AED 2,550,000 to 2,550,000 in the last 12 months, around AED 1,820 per sqft.

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Mortgage on 104, Al Majara Tower 3

Starts from the last sale price (AED 2.5M, 17 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →