506, Al Majara Tower 3
Sold prices and rental history: sold once, by the developer in August 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Al Majara Tower 3
What is 506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 701 sqft
- Floor
- 5th of 9
- Parking
- 247 , 238
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 10,600 /yr
- Last sold
- AED 999K · August 2013
- Building
- Al Majara Tower 3
About 506, Al Majara Tower 3
506 is a two-bedroom apartment of 701 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 19 August 2013 for AED 998,800, or AED 712 per sqft, in line with the AED 712 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 15 September 2025, is AED 155,045 a year: a gross yield of 15.5% on the 2013 price, before the service charge of about AED 10,600 a year.
Sales and rents for 506 over time
506 has sold once; 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 506 sits
All 35 2-beds →506 last sold in August 2013 at AED 712 per sqft, in line with what two-beds in Al Majara Tower 3 were fetching at the time (AED 712). 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. 506's AED 155,045 is in the lower 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 5th floor
All 55 units in Al Majara Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,401 sqft | AED 1.14MAED 1,140,777 · Jan 2009January 2009 | 155,000 /yr | |
| 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, Al Majara Tower 3 in numbers
- Sold once: by Emaar on 19 August 2013 for AED 998,800, or AED 712 per sqft.
- Rented since August 2014 on 8 Ejari contracts. The rent fell from AED 145,000 to AED 115,000 in 2021 and recovered to AED 155,045 by September 2025.
- At AED 155,045 a year the gross yield on the 2013 price is 15.5%, before a service charge of about AED 10,600 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 15 September 2025.
Questions about 506, Al Majara Tower 3
What did unit 506 last sell for?
AED 998,800 on 19 August 2013, sold by the developer: AED 712 per sqft for 701 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 155,045 a year on the contract renewed on 15 September 2025. The previous contract, from September 2024, was AED 147,660; the unit has been rented since August 2014.
How big is unit 506?
701 sqft (65.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2006.
What is unit 506 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 506, Al Majara Tower 3
Starts from the last sale price (AED 999K, 19 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 998,800
- Deposit, UAE resident (20%)
- AED 199,760
- Deposit, non-resident (40%)
- AED 399,520
- Monthly over 25 years at 3.7%
- AED 4,086
Plus AED 46,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →