601, Al Majara Tower 5
Sold prices and rental history: sold twice, last in January 2013, 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 601, Al Majara Tower 5
What is 601 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,367 sqft
- Floor
- 6th of 7
- Parking
- 650
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,700 /yr
- Last sold
- AED 2.45M · January 2013
- Building
- Al Majara Tower 5
About 601, Al Majara Tower 5
601 is a two-bedroom apartment of 1,367 sqft on the 6th floor of Al Majara Tower 5, a 7-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 14 January 2013 for AED 2,450,000, or AED 1,792 per sqft, 70% above the AED 1,054 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 5 March 2025, is AED 143,000 a year: a gross yield of 5.8% on the 2013 price, before the service charge of about AED 20,700 a year.
Sales and rents for 601 over time
601 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 601 sits
All 24 2-beds →601 last sold in January 2013 at AED 1,792 per sqft, 70% above what two-beds in Al Majara Tower 5 were fetching at the time (AED 1,054). 601's AED 143,000 is at the bottom 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 6th floor
All 53 units in Al Majara Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 2-bed | 1,517 sqft | AED 2.95MAED 2,950,000 · May 2015May 2015 | 180,000 /yr | |
| 603 | 1-bed | 893 sqft | AED 1.48MAED 1,480,000 · Aug 2016August 2016 | 110,000 /yr | |
| 604 | 1-bed | 834 sqft | AED 1.73MAED 1,725,000 · Nov 2015November 2015 | 82,500 /yr | |
| 605 | 3-bed | 2,164 sqft | AED 3.4MAED 3,400,000 · Aug 2022August 2022 | 280,000 /yr | |
| 606 | 1-bed | 746 sqft | AED 775KAED 774,800 · May 2012May 2012 |
601, Al Majara Tower 5 in numbers
- Sold twice: first on 30 September 2010 for AED 1,932,450, last on 14 January 2013 for AED 2,450,000 (AED 1,792 per sqft).
- Rented since July 2013 on 12 Ejari contracts. The rent fell from AED 170,000 to AED 125,000 in 2023 and recovered to AED 143,000 by March 2025.
- At AED 143,000 a year the gross yield on the 2013 price is 5.8%, before a service charge of about AED 20,700 a year (AED 15.11 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 5 March 2025.
Questions about 601, Al Majara Tower 5
What did unit 601 last sell for?
AED 2,450,000 on 14 January 2013: AED 1,792 per sqft for 1,367 sqft. The unit has 2 registered sales; the first was AED 1,932,450 in September 2010.
What is the rent for unit 601?
AED 143,000 a year on the contract renewed on 5 March 2025. The previous contract, from March 2024, was AED 135,000; the unit has been rented since July 2013.
How big is unit 601?
1,367 sqft (127.0 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2006.
What is unit 601 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 601, Al Majara Tower 5
Starts from the last sale price (AED 2.45M, 14 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,450,000
- Deposit, UAE resident (20%)
- AED 490,000
- Deposit, non-resident (40%)
- AED 980,000
- Monthly over 25 years at 3.7%
- AED 10,024
Plus AED 107,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →