3-bed · 1,937 sqftAl Majara Tower 5, Dubai Marina · 7th floor · completed 2006

701, Al Majara Tower 5

Sold prices and rental history: sold once, by the developer in July 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 8 July 2010
Last soldAED 1.72M8 July 2010
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Al Majara Tower 5

What is 701 worth today?

Last sold for AED 1,722,800 in 2010

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8 Jul 2010Sold by developerReady
AED 1,722,800AED 889 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 July 2010.

Key facts

Type
3-bed apartment
Size
1,937 sqft
Floor
7th of 7
Parking
724,723
Developer
Emaar
Completed
2006
Service charge
AED 29,300 /yr
Last sold
AED 1.72M · July 2010

About 701, Al Majara Tower 5

701 is a three-bedroom apartment of 1,937 sqft on the 7th floor of Al Majara Tower 5, a 7-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 8 July 2010 for AED 1,722,800, or AED 889 per sqft, 5% above the AED 847 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

3-beds in Al Majara Tower 5, and where 701 sits

All 6 3-beds →

701 last sold in July 2010 at AED 889 per sqft, 5% above what three-beds in Al Majara Tower 5 were fetching at the time (AED 847).

Recent 3-bed salesUnit no.Price (AED)Summary
12 Mar 20255,400,000
12 Aug 20223,400,000
24 Dec 20173,245,961
17 Sep 20173,500,000
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 7th floor

All 53 units in Al Majara Tower 5
Value
7022-bedAED 1.62M · Jul 2010
7032-bedAED 1.14M · Jul 2010
7042-bedAED 2.75M · Apr 2008

701, Al Majara Tower 5 in numbers

  • Sold once: by Emaar on 8 July 2010 for AED 1,722,800, or AED 889 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 8 July 2010.

Questions about 701, Al Majara Tower 5

What did unit 701 last sell for?

AED 1,722,800 on 8 July 2010, sold by the developer: AED 889 per sqft for 1,937 sqft. It is the only registered sale of the unit.

How big is unit 701?

1,937 sqft (180.0 sqm): a three-bedroom apartment on the 7th floor of a 7-storey tower completed in 2006.

What is unit 701 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 701, Al Majara Tower 5

Starts from the last sale price (AED 1.72M, 8 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,722,800
Deposit, UAE resident (20%)
AED 344,560
Deposit, non-resident (40%)
AED 689,120
Monthly over 25 years at 3.7%
AED 7,049

Plus AED 77,368 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →