301, Al Majara Tower 3
Sold prices and rental history: sold twice, last in November 2015, 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 301, Al Majara Tower 3
What is 301 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 August 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,401 sqft
- Floor
- 3rd of 9
- Parking
- 510,599
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 21,200 /yr
- Last sold
- AED 2.55M · November 2015
- Building
- Al Majara Tower 3
About 301, Al Majara Tower 3
301 is a two-bedroom apartment of 1,401 sqft on the 3rd floor of Al Majara Tower 3, a 9-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 10 November 2015 for AED 2,550,000, or AED 1,820 per sqft, 32% above the AED 1,382 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 18 August 2023, is AED 180,000 a year: a gross yield of 7.1% on the 2015 price, before the service charge of about AED 21,200 a year.
Sales and rents for 301 over time
301 has sold twice; the dashed line is the two-bed median of each year in the building.
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 301 sits
All 35 2-beds →301 last sold in November 2015 at AED 1,820 per sqft, 32% above what two-beds in Al Majara Tower 3 were fetching at the time (AED 1,382). 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. 301's AED 180,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Dec 202512 December 2025 | 1,401 sqft | 2,550,000 | 1,820 | ||
| 16 Jun 202516 June 2025 | 1,401 sqft | 2,925,000 | 2,087 | ||
| 19 Sep 202419 September 2024 | 1,386 sqft | 3,275,000 | 2,362 | ||
| 7 Jun 20237 June 2023 | 1,413 sqft | 2,770,000 | 1,960 |
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 3rd floor
All 55 units in Al Majara Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | 1-bed | 869 sqft | AED 1.34MAED 1,340,000 · Jul 2010July 2010 | 82,412 /yr | |
| 303 | 2-bed | 1,386 sqft | AED 1.18MAED 1,176,973 · Jan 2009January 2009 | 192,500 /yr | |
| 304 | 2-bed | 1,386 sqft | AED 588KAED 588,178 · Dec 2007December 2007 | 160,000 /yr | |
| 305 | 1-bed | 869 sqft | AED 668KAED 667,800 · Feb 2009February 2009 | 130,003 /yr | |
| 306 | 2-bed | 1,401 sqft | AED 2.5MAED 2,500,000 · Jun 2015June 2015 |
301, Al Majara Tower 3 in numbers
- Sold twice: first on 9 June 2009 for AED 1,200,000, last on 10 November 2015 for AED 2,550,000 (AED 1,820 per sqft).
- Rented since February 2013 on 8 Ejari contracts. The rent fell from AED 160,000 to AED 90,000 in 2017 and recovered to AED 180,000 by August 2023.
- At AED 180,000 a year the gross yield on the 2015 price is 7.1%, before a service charge of about AED 21,200 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 18 August 2023.
Questions about 301, Al Majara Tower 3
What did unit 301 last sell for?
AED 2,550,000 on 10 November 2015: AED 1,820 per sqft for 1,401 sqft. The unit has 2 registered sales; the first was AED 1,200,000 in June 2009.
What is the rent for unit 301?
AED 180,000 a year on the contract signed on 18 August 2023. The previous contract, from June 2022, was AED 140,000; the unit has been rented since February 2013.
How big is unit 301?
1,401 sqft (130.2 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2006.
What is unit 301 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 301, Al Majara Tower 3
Starts from the last sale price (AED 2.55M, 10 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,550,000
- Deposit, UAE resident (20%)
- AED 510,000
- Deposit, non-resident (40%)
- AED 1,020,000
- Monthly over 25 years at 3.7%
- AED 10,433
Plus AED 112,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →