304, Al Majara Tower 5
Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, Al Majara Tower 5
What is 304 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 17 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 834 sqft
- Floor
- 3rd of 7
- Parking
- 142
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,600 /yr
- Last sold
- AED 533K · June 2015
- Building
- Al Majara Tower 5
About 304, Al Majara Tower 5
304 is a one-bedroom apartment of 834 sqft on the 3rd floor of Al Majara Tower 5, a 7-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 7 June 2015 for AED 532,800, or AED 638 per sqft.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 17 May 2025, is AED 106,000 a year: a gross yield of 19.9% on the 2015 price, before the service charge of about AED 12,600 a year.
Sales and rents for 304 over time
304 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Majara Tower 5, and where 304 sits
All 21 1-beds →Over the last 12 months one-beds sold for AED 2,645,000, around AED 2,363 per sqft, and rent for AED 120,000 to 125,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 1,119 sqft | 2,645,000 | 2,363 | ||
| 20 May 202520 May 2025 | 1,119 sqft | 1,950,000 | 1,742 | ||
| 8 Apr 20258 April 2025 | 1,151 sqft | 2,150,000 | 1,867 | ||
| 12 May 202312 May 2023 | 834 sqft | 1,470,000 | 1,762 |
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 3rd floor
All 53 units in Al Majara Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 684 sqft | AED 600KAED 600,000 · Mar 2022March 2022 | 168,000 /yr | |
| 302 | 2-bed | 1,517 sqft | AED 1.1MAED 1,100,800 · Jul 2010July 2010 | 116,883 /yr | |
| 303 | 1-bed | 893 sqft | AED 1.1MAED 1,100,000 · Feb 2009February 2009 | 86,000 /yr | |
| 305 | 3-bed | 2,164 sqft | AED 2.2MAED 2,200,000 · Aug 2008August 2008 | ||
| 306 | 1-bed | 1,119 sqft | AED 1.95MAED 1,950,000 · May 2025May 2025 | 90,000 /yr |
304, Al Majara Tower 5 in numbers
- Sold once: by Emaar on 7 June 2015 for AED 532,800, or AED 638 per sqft.
- Rented since June 2015 on 9 Ejari contracts. The rent fell from AED 92,500 to AED 70,000 in 2021 and recovered to AED 106,000 by May 2025.
- At AED 106,000 a year the gross yield on the 2015 price is 19.9%, before a service charge of about AED 12,600 a year (AED 15.11 per sqft).
- One-beds in Al Majara Tower 5 sold for AED 2,645,000–2,645,000 in the 12 months to November 2026; the building's median across all types is AED 2,363 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 17 May 2025.
Questions about 304, Al Majara Tower 5
What did unit 304 last sell for?
AED 532,800 on 7 June 2015, sold by the developer: AED 638 per sqft for 834 sqft. It is the only registered sale of the unit.
What is the rent for unit 304?
AED 106,000 a year on the contract signed on 17 May 2025. The previous contract, from November 2024, was AED 115,000; the unit has been rented since June 2015.
How big is unit 304?
834 sqft (77.5 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2006.
What is unit 304 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Majara Tower 5 sold for AED 2,645,000 to 2,645,000 in the last 12 months, around AED 2,363 per sqft.
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Mortgage on 304, Al Majara Tower 5
Starts from the last sale price (AED 533K, 7 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 532,800
- Deposit, UAE resident (20%)
- AED 106,560
- Deposit, non-resident (40%)
- AED 213,120
- Monthly over 25 years at 3.7%
- AED 2,180
Plus AED 27,388 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →