501, Al Majara Tower 3
Sold prices and rental history: sold twice, last in January 2009, 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 501, Al Majara Tower 3
What is 501 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 23 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,401 sqft
- Floor
- 5th of 9
- Parking
- 438 , 439
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 21,200 /yr
- Last sold
- AED 1.9M · January 2009
- Building
- Al Majara Tower 3
About 501, Al Majara Tower 3
501 is a two-bedroom apartment of 1,401 sqft on the 5th floor of Al Majara Tower 3, a 9-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 5 January 2009 for AED 1,900,000, or AED 1,356 per sqft, 56% above the AED 868 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 23 April 2024, is AED 155,000 a year: a gross yield of 8.2% on the 2009 price, before the service charge of about AED 21,200 a year.
Sales and rents for 501 over time
501 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 501 sits
All 35 2-beds →501 last sold in January 2009 at AED 1,356 per sqft, 56% above what two-beds in Al Majara Tower 3 were fetching at the time (AED 868). 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. 501's AED 155,000 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 5th floor
All 55 units in Al Majara Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 869 sqft | AED 670KAED 669,800 · Apr 2008April 2008 | ||
| 503 | 2-bed | 1,386 sqft | AED 1.48MAED 1,480,000 · May 2019May 2019 | 149,598 /yr | |
| 504 | 2-bed | 1,386 sqft | AED 2.25MAED 2,250,000 · May 2023May 2023 | 100,000 /yr | |
| 505 | 1-bed | 869 sqft | AED 625KAED 625,000 · Nov 2009November 2009 | 105,000 /yr | |
| 506 | 2-bed | 701 sqft | AED 999KAED 998,800 · Aug 2013August 2013 | 155,045 /yr |
501, Al Majara Tower 3 in numbers
- Sold twice: first on 5 January 2009 for AED 1,140,777, last on 5 January 2009 for AED 1,900,000 (AED 1,356 per sqft).
- Rented since July 2013 on 6 Ejari contracts. The rent fell from AED 170,000 to AED 105,000 in 2020 and recovered to AED 155,000 by April 2024.
- At AED 155,000 a year the gross yield on the 2009 price is 8.2%, 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 23 April 2024.
Questions about 501, Al Majara Tower 3
What did unit 501 last sell for?
AED 1,900,000 on 5 January 2009, sold by the developer: AED 1,356 per sqft for 1,401 sqft. The unit has 2 registered sales; the first was AED 1,140,777 in January 2009.
What is the rent for unit 501?
AED 155,000 a year on the contract renewed on 23 April 2024. The previous contract, from April 2023, was AED 135,000; the unit has been rented since July 2013.
How big is unit 501?
1,401 sqft (130.2 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2006.
What is unit 501 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 501, Al Majara Tower 3
Starts from the last sale price (AED 1.9M, 5 January 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →