703, Al Majara Tower 3
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Al Majara Tower 3
What is 703 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 28 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,386 sqft
- Floor
- 7th of 9
- Parking
- 453 , 455
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,900 /yr
- Last sold
- AED 1.04M · October 2015
- Building
- Al Majara Tower 3
About 703, Al Majara Tower 3
703 is a two-bedroom apartment of 1,386 sqft on the 7th floor of Al Majara Tower 3, a 9-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 4 October 2015 for AED 1,036,800, or AED 748 per sqft, 24% below the AED 980 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 28 June 2025, is AED 135,300 a year: a gross yield of 13.1% on the 2015 price, before the service charge of about AED 20,900 a year.
Sales and rents for 703 over time
703 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 703 sits
All 35 2-beds →703 last sold in October 2015 at AED 748 per sqft, 24% below what two-beds in Al Majara Tower 3 were fetching at the time (AED 980). 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. 703's AED 135,300 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 7th floor
All 55 units in Al Majara Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,401 sqft | AED 1.11MAED 1,108,800 · Mar 2008March 2008 | 178,500 /yr | |
| 702 | 1-bed | 869 sqft | AED 1.48MAED 1,480,000 · Apr 2018April 2018 | ||
| 704 | 2-bed | 1,386 sqft | AED 1.07MAED 1,065,800 · Jul 2010July 2010 | 110,000 /yr | |
| 705 | 1-bed | 443 sqft | AED 600KAED 600,000 · Jan 2021January 2021 | 110,000 /yr | |
| 706 | 2-bed | 1,401 sqft | AED 2.18MAED 2,180,000 · May 2018May 2018 | 167,000 /yr |
703, Al Majara Tower 3 in numbers
- Sold once: by Emaar on 4 October 2015 for AED 1,036,800, or AED 748 per sqft.
- Rented since October 2012 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 95,000 in 2022 and recovered to AED 135,300 by June 2025.
- At AED 135,300 a year the gross yield on the 2015 price is 13.1%, 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 28 June 2025.
Questions about 703, Al Majara Tower 3
What did unit 703 last sell for?
AED 1,036,800 on 4 October 2015, sold by the developer: AED 748 per sqft for 1,386 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 135,300 a year on the contract renewed on 28 June 2025. The previous contract, from June 2024, was AED 122,850; the unit has been rented since October 2012.
How big is unit 703?
1,386 sqft (128.8 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2006.
What is unit 703 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 703, Al Majara Tower 3
Starts from the last sale price (AED 1.04M, 4 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,036,800
- Deposit, UAE resident (20%)
- AED 207,360
- Deposit, non-resident (40%)
- AED 414,720
- Monthly over 25 years at 3.7%
- AED 4,242
Plus AED 48,556 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →