603, Al Majara Tower 3
Sold prices and rental history: sold once, by the developer in March 2011, 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 603, Al Majara Tower 3
What is 603 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 22 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,386 sqft
- Floor
- 6th of 9
- Parking
- 430 , 431
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,900 /yr
- Last sold
- AED 1.05M · March 2011
- Building
- Al Majara Tower 3
About 603, Al Majara Tower 3
603 is a two-bedroom apartment of 1,386 sqft on the 6th floor of Al Majara Tower 3, a 9-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 15 March 2011 for AED 1,047,888, or AED 756 per sqft, in line with the AED 762 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 22 November 2024, is AED 155,000 a year: a gross yield of 14.8% on the 2011 price, before the service charge of about AED 20,900 a year.
Sales and rents for 603 over time
603 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 603 sits
All 35 2-beds →603 last sold in March 2011 at AED 756 per sqft, in line with what two-beds in Al Majara Tower 3 were fetching at the time (AED 762). 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. 603'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 6th floor
All 55 units in Al Majara Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,401 sqft | AED 1.65MAED 1,650,500 · Jun 2012June 2012 | ||
| 602 | 1-bed | 869 sqft | AED 735KAED 734,888 · Jun 2008June 2008 | 100,000 /yr | |
| 604 | 2-bed | 1,386 sqft | AED 3.28MAED 3,275,000 · Sep 2024September 2024 | 200,000 /yr | |
| 605 | 1-bed | 869 sqft | AED 1.88MAED 1,875,000 · Nov 2008November 2008 | 110,000 /yr | |
| 606 | 2-bed | 1,401 sqft | AED 2MAED 2,000,000 · Jun 2012June 2012 | 175,000 /yr |
603, Al Majara Tower 3 in numbers
- Sold once: by Emaar on 15 March 2011 for AED 1,047,888, or AED 756 per sqft.
- Rented since August 2013 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 100,000 in 2020 and recovered to AED 155,000 by November 2024.
- At AED 155,000 a year the gross yield on the 2011 price is 14.8%, before a service charge of about AED 20,900 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 22 November 2024.
Questions about 603, Al Majara Tower 3
What did unit 603 last sell for?
AED 1,047,888 on 15 March 2011, sold by the developer: AED 756 per sqft for 1,386 sqft. It is the only registered sale of the unit.
What is the rent for unit 603?
AED 155,000 a year on the contract renewed on 22 November 2024. The previous contract, from November 2023, was AED 145,000; the unit has been rented since August 2013.
How big is unit 603?
1,386 sqft (128.8 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2006.
What is unit 603 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 603, Al Majara Tower 3
Starts from the last sale price (AED 1.05M, 15 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,047,888
- Deposit, UAE resident (20%)
- AED 209,578
- Deposit, non-resident (40%)
- AED 419,155
- Monthly over 25 years at 3.7%
- AED 4,287
Plus AED 49,022 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →