401, Al Majara Tower 3
Sold prices and rental history: sold twice, last in March 2018, 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 401, Al Majara Tower 3
What is 401 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,401 sqft
- Floor
- 4th of 9
- Parking
- 417 , 418
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 21,200 /yr
- Last sold
- AED 2.05M · March 2018
- Building
- Al Majara Tower 3
About 401, Al Majara Tower 3
401 is a two-bedroom apartment of 1,401 sqft on the 4th floor of Al Majara Tower 3, a 9-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 8 March 2018 for AED 2,050,000, or AED 1,463 per sqft, 13% above the AED 1,298 two-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 5 August 2024, is AED 131,250 a year: a gross yield of 6.4% on the 2018 price, before the service charge of about AED 21,200 a year.
Sales and rents for 401 over time
401 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 401 sits
All 35 2-beds →401 last sold in March 2018 at AED 1,463 per sqft, 13% 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. 401's AED 131,250 is at the bottom 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 4th floor
All 55 units in Al Majara Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 869 sqft | AED 540KAED 540,000 · Dec 2012December 2012 | 95,000 /yr | |
| 403 | 2-bed | 1,386 sqft | AED 1.52MAED 1,520,000 · Mar 2019March 2019 | 195,000 /yr | |
| 404 | 2-bed | 1,386 sqft | AED 1.04MAED 1,035,888 · Mar 2011March 2011 | 121,275 /yr | |
| 405 | 1-bed | 434 sqft | AED 733KAED 732,888 · Aug 2013August 2013 | 93,500 /yr | |
| 406 | 2-bed | 1,401 sqft | AED 502KAED 502,444 · Jul 2010July 2010 | 140,000 /yr |
401, Al Majara Tower 3 in numbers
- Sold twice: first on 2 September 2008 for AED 1,061,888, last on 8 March 2018 for AED 2,050,000 (AED 1,463 per sqft).
- Rented since April 2013 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 92,500 in 2021 and recovered to AED 131,250 by August 2024.
- At AED 131,250 a year the gross yield on the 2018 price is 6.4%, 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 5 August 2024.
Questions about 401, Al Majara Tower 3
What did unit 401 last sell for?
AED 2,050,000 on 8 March 2018: AED 1,463 per sqft for 1,401 sqft. The unit has 2 registered sales; the first was AED 1,061,888 in September 2008.
What is the rent for unit 401?
AED 131,250 a year on the contract renewed on 5 August 2024. The previous contract, from August 2023, was AED 131,250; the unit has been rented since April 2013.
How big is unit 401?
1,401 sqft (130.2 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2006.
What is unit 401 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 401, Al Majara Tower 3
Starts from the last sale price (AED 2.05M, 8 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus AED 91,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →