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

204, Al Majara Tower 3

Sold prices and rental history: sold 3 times, last in September 2021, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 5 September 2021
Last soldAED 1.95M5 September 2021
Current rentAED 150K /yr6 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Al Majara Tower 3

What is 204 worth today?

Last sold for AED 1,950,000 in 2021

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5 Sep 2021SoldReady
AED 1,950,000AED 1,406 per sqft
8 Jan 2018SoldReady
AED 1,800,000AED 1,298 per sqft
6 Dec 2016RentedRenewal
AED 150,000/yr12 months · AED 108 per sqft
6 Dec 2015RentedNew contract
AED 150,000/yr12 months · AED 108 per sqft
23 Jun 2014RentedNew contract
AED 240,000/yr12 months · AED 173 per sqft
21 Jun 2010Sold by developerReady
AED 497,444AED 358 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 September 2021.

Key facts

Type
2-bed apartment
Size
1,386 sqft
Floor
2nd of 9
Parking
234 , 235
Developer
Emaar
Completed
2006
Service charge
AED 20,900 /yr
Last sold
AED 1.95M · September 2021
Building
Al Majara Tower 3

About 204, Al Majara Tower 3

204 is a two-bedroom apartment of 1,386 sqft on the 2nd floor of Al Majara Tower 3, a 9-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 5 September 2021 for AED 1,950,000, or AED 1,406 per sqft.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 6 December 2016, is AED 150,000 a year: a gross yield of 7.7% on the 2021 price, before the service charge of about AED 20,900 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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, June 2010: AED 497,444 (AED 358 per sqft)Sold, January 2018: AED 1,800,000 (AED 1,298 per sqft)Sold, September 2021: AED 1,950,000 (AED 1,406 per sqft)

204 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 204, each contractTypical two-bed in Al Majara Tower 3
100K200K2013201720212025Typical 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 175,000New contract, June 2014: AED 240,000 a yearNew contract, December 2015: AED 150,000 a yearRenewal, December 2016: AED 150,000 a year

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 204 sits

All 35 2-beds →

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. 204's AED 150,000 is at the bottom of that range.

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 2nd floor

All 55 units in Al Majara Tower 3
Value
2012-bedAED 2.55M · Dec 2025
2021-bedAED 1M · Feb 2020
2032-bedAED 900K · Jul 2013
2051-bedAED 1.5M · Jan 2024
2062-bedAED 2.93M · Jun 2025

204, Al Majara Tower 3 in numbers

  • Sold 3 times: first on 21 June 2010 for AED 497,444, last on 5 September 2021 for AED 1,950,000 (AED 1,406 per sqft).
  • Rented since June 2014 on 3 Ejari contracts, from AED 240,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 7.7%, before a service charge of about AED 20,900 a year (AED 15.11 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 5 September 2021.

Questions about 204, Al Majara Tower 3

What did unit 204 last sell for?

AED 1,950,000 on 5 September 2021: AED 1,406 per sqft for 1,386 sqft. The unit has 3 registered sales; the first was AED 497,444 in June 2010.

What is the rent for unit 204?

AED 150,000 a year on the contract renewed on 6 December 2016. The previous contract, from December 2015, was AED 150,000; the unit has been rented since June 2014.

How big is unit 204?

1,386 sqft (128.8 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2006.

What is unit 204 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 204, Al Majara Tower 3

Starts from the last sale price (AED 1.95M, 5 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

Plus AED 86,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →