102, Al Majara Tower 5
Sold prices and rental history: sold twice, last in April 2008, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 102, Al Majara Tower 5
What is 102 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 3 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,516 sqft
- Floor
- 1st of 7
- Parking
- 127
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 22,900 /yr
- Last sold
- AED 2.5M · April 2008
- Building
- Al Majara Tower 5
About 102, Al Majara Tower 5
102 is a two-bedroom apartment of 1,516 sqft on the 1st floor of Al Majara Tower 5, a 7-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 1 April 2008 for AED 2,500,000, or AED 1,649 per sqft, 135% above the AED 703 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 3 January 2026, is AED 175,000 a year: a gross yield of 7.0% on the 2008 price, before the service charge of about AED 22,900 a year.
Sales and rents for 102 over time
102 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 5, and where 102 sits
All 24 2-beds →102 last sold in April 2008 at AED 1,649 per sqft, 135% above what two-beds in Al Majara Tower 5 were fetching at the time (AED 703). 102's AED 175,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20243 September 2024 | 1,431 sqft | 3,000,000 | 2,096 | ||
| 10 Jul 202410 July 2024 | 1,517 sqft | 2,600,000 | 1,713 | ||
| 23 May 202423 May 2024 | 1,367 sqft | 2,200,000 | 1,609 | ||
| 1 May 20231 May 2023 | 1,431 sqft | 2,150,000 | 1,502 |
Al Majara Tower 5
Building53 apartments, 1-bed to 3-bed over 7 floors in Dubai Marina, completed in 2006 by Emaar. 1 sold in the last 12 months.
- Typical price per sqft
- AED 2,363
- Typical sale
- AED 2.65M
- Typical rent
- AED 159K /yr
- Typical yield
- 5.4%
Other units on the 1st floor
All 53 units in Al Majara Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,367 sqft | AED 2.4MAED 2,400,000 · Sep 2018September 2018 | 160,000 /yr | |
| 103 | 1-bed | 891 sqft | AED 1.54MAED 1,535,000 · Jul 2013July 2013 | 108,000 /yr | |
| 104 | 1-bed | 785 sqft | AED 507KAED 506,800 · Feb 2015February 2015 | 95,000 /yr | |
| 105 | 1-bed | 1,011 sqft | AED 935KAED 935,000 · Jan 2009January 2009 | 115,000 /yr | |
| 106 | 1-bed | 926 sqft | AED 890KAED 890,000 · Aug 2021August 2021 | 48,000 /yr | |
| 107 | 1-bed | 893 sqft | AED 551KAED 550,800 · Aug 2008August 2008 | 85,000 /yr | |
| 108 | 3-bed | 2,173 sqft | AED 5.4MAED 5,400,000 · Mar 2025March 2025 | 340,000 /yr | |
| 109 | 2-bed | 1,593 sqft | AED 2.85MAED 2,850,000 · Jan 2017January 2017 | 210,000 /yr |
102, Al Majara Tower 5 in numbers
- Sold twice: first on 1 April 2008 for AED 1,065,800, last on 1 April 2008 for AED 2,500,000 (AED 1,649 per sqft).
- Rented since January 2016 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 80,000 in 2022 and recovered to AED 175,000 by January 2026.
- At AED 175,000 a year the gross yield on the 2008 price is 7.0%, before a service charge of about AED 22,900 a year (AED 15.11 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 3 January 2026.
Questions about 102, Al Majara Tower 5
What did unit 102 last sell for?
AED 2,500,000 on 1 April 2008, sold by the developer: AED 1,649 per sqft for 1,516 sqft. The unit has 2 registered sales; the first was AED 1,065,800 in April 2008.
What is the rent for unit 102?
AED 175,000 a year on the contract renewed on 3 January 2026. The previous contract, from January 2025, was AED 170,000; the unit has been rented since January 2016.
How big is unit 102?
1,516 sqft (140.8 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2006.
What is unit 102 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 102, Al Majara Tower 5
Starts from the last sale price (AED 2.5M, 1 April 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →