3-bed · 2,164 sqftAl Majara Tower 5, Dubai Marina · 6th floor · completed 2006

605, Al Majara Tower 5

Sold prices and rental history: sold 3 times, last in August 2022, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 22 November 2023
Last soldAED 3.4M12 August 2022
Current rentAED 280K /yr22 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Al Majara Tower 5

What is 605 worth today?

Last sold for AED 3,400,000 in 2022

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22 Nov 2023RentedNew contract
AED 280,000/yr12 months · AED 129 per sqft
12 Aug 2022SoldReady
AED 3,400,000AED 1,571 per sqft
17 Sep 2017SoldReady
AED 3,500,000AED 1,617 per sqft
6 Dec 2015RentedNew contract
AED 110,000/yr12 months · AED 51 per sqft
15 Sep 2015RentedNew contract
AED 110,000/yr12 months · AED 51 per sqft
16 Nov 2008Sold by developerReady
AED 1,327,800AED 613 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 November 2023.

Key facts

Type
3-bed apartment
Size
2,164 sqft
Floor
6th of 7
Parking
145 , 357
Developer
Emaar
Completed
2006
Service charge
AED 32,700 /yr
Last sold
AED 3.4M · August 2022

About 605, Al Majara Tower 5

605 is a three-bedroom apartment of 2,164 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 12 August 2022 for AED 3,400,000, or AED 1,571 per sqft.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 22 November 2023, is AED 280,000 a year: a gross yield of 8.2% on the 2022 price, before the service charge of about AED 32,700 a year.

3-beds in Al Majara Tower 5, and where 605 sits

All 6 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
12 Mar 20255,400,000
24 Dec 20173,245,961
27 Oct 20111,950,000
16 May 20111,290,800
0 3-bed sales in the last 12 months

Al Majara Tower 5

Building

53 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%
Al Majara Tower 5, Dubai Marina: prices, sales and rents →

Other units on the 6th floor

All 53 units in Al Majara Tower 5
Value
6012-bedAED 2.45M · Jan 2013
6022-bedAED 2.95M · May 2015
6031-bedAED 1.48M · Aug 2016
6041-bedAED 1.73M · Nov 2015
6061-bedAED 775K · May 2012

605, Al Majara Tower 5 in numbers

  • Sold 3 times: first on 16 November 2008 for AED 1,327,800, last on 12 August 2022 for AED 3,400,000 (AED 1,571 per sqft).
  • Rented since September 2015 on 3 Ejari contracts, from AED 110,000 to AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2022 price is 8.2%, before a service charge of about AED 32,700 a year (AED 15.11 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 22 November 2023.

Questions about 605, Al Majara Tower 5

What did unit 605 last sell for?

AED 3,400,000 on 12 August 2022: AED 1,571 per sqft for 2,164 sqft. The unit has 3 registered sales; the first was AED 1,327,800 in November 2008.

What is the rent for unit 605?

AED 280,000 a year on the contract signed on 22 November 2023. The previous contract, from December 2015, was AED 110,000; the unit has been rented since September 2015.

How big is unit 605?

2,164 sqft (201.0 sqm): a three-bedroom apartment on the 6th floor of a 7-storey tower completed in 2006.

What is unit 605 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 605, Al Majara Tower 5

Starts from the last sale price (AED 3.4M, 12 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →