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1-bed · 869 sqftAl Majara Tower 3, Dubai Marina · 2nd floor · completed 2006

205, Al Majara Tower 3

Sold prices and rental history: sold 4 times, last in January 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 11 January 2024
Last soldAED 1.5M11 January 2024
Current rentAED 110K /yr6 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Al Majara Tower 3

What is 205 worth today?

Last sold for AED 1,500,000 in 2024

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11 Jan 2024SoldReady
AED 1,500,000AED 1,726 per sqft
6 Jan 2023RentedNew contract
AED 110,000/yr12 months · AED 126 per sqft
1 Dec 2021RentedRenewal
AED 60,500/yr12 months · AED 69 per sqft
1 Dec 2020RentedNew contract
AED 55,000/yr12 months · AED 63 per sqft
17 Aug 2020RentedNew contract
AED 55,000/yr12 months · AED 63 per sqft
3 Feb 2016RentedNew contract
AED 110,000/yr12 months · AED 126 per sqft
13 Jan 2015RentedNew contract
AED 110,000/yr12 months · AED 126 per sqft
13 Jan 2014SoldReady
AED 1,530,000AED 1,760 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 January 2024.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
2nd of 9
Parking
277
Developer
Emaar
Completed
2006
Service charge
AED 13,100 /yr
Last sold
AED 1.5M · January 2024
Building
Al Majara Tower 3

About 205, Al Majara Tower 3

205 is a one-bedroom apartment of 869 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 11 January 2024 for AED 1,500,000, or AED 1,726 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 6 January 2023, is AED 110,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 13,100 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical one-bed in Al Majara Tower 3
1M1.5M2008201320182023Typical sale price by year: 2008 AED 734,888; 2009 AED 667,800; 2010 AED 805,888Sold by developer, October 2010: AED 900,000 (AED 1,035 per sqft)Sold, October 2010: AED 800,000 (AED 920 per sqft)Sold, January 2014: AED 1,530,000 (AED 1,760 per sqft)Sold, January 2024: AED 1,500,000 (AED 1,726 per sqft)

205 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 205, each contractTypical one-bed in Al Majara Tower 3
50K100K2013201720212025Typical rent by year: 2013 AED 84,000; 2014 AED 107,500; 2015 AED 112,500; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 91,545; 2019 AED 76,000; 2020 AED 65,000; 2021 AED 70,000; 2022 AED 73,500; 2023 AED 80,340; 2024 AED 90,937; 2025 AED 97,500; 2026 AED 133,500New contract, January 2015: AED 110,000 a yearNew contract, February 2016: AED 110,000 a yearNew contract, August 2020: AED 55,000 a yearNew contract, December 2020: AED 55,000 a yearRenewal, December 2021: AED 60,500 a yearNew contract, January 2023: AED 110,000 a year

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 205 sits

All 16 1-beds →

205's AED 110,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Jan 20221,230,000
1 Jun 20211,170,000
27 Jan 2021600,000
3 May 2020980,000
0 1-bed sales 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
2042-bedAED 1.95M · Sep 2021
2062-bedAED 2.93M · Jun 2025

205, Al Majara Tower 3 in numbers

  • Sold 4 times: first on 27 October 2010 for AED 800,000, last on 11 January 2024 for AED 1,500,000 (AED 1,726 per sqft).
  • Rented since January 2015 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 55,000 in 2020 and recovered to AED 110,000 by January 2023.
  • At AED 110,000 a year the gross yield on the 2024 price is 7.3%, 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 11 January 2024.

Questions about 205, Al Majara Tower 3

What did unit 205 last sell for?

AED 1,500,000 on 11 January 2024: AED 1,726 per sqft for 869 sqft. The unit has 4 registered sales; the first was AED 800,000 in October 2010.

What is the rent for unit 205?

AED 110,000 a year on the contract signed on 6 January 2023. The previous contract, from December 2021, was AED 60,500; the unit has been rented since January 2015.

How big is unit 205?

869 sqft (80.7 sqm): a one-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2006.

What is unit 205 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 205, Al Majara Tower 3

Starts from the last sale price (AED 1.5M, 11 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →