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2-bed · 1,119 sqftAl Majara Tower 5, Dubai Marina · Ground floor · completed 2006

G03, Al Majara Tower 5

Sold prices and rental history: sold 3 times, last in December 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 25 April 2025
Last soldAED 1M10 December 2020
Current rentAED 131K /yr25 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Al Majara Tower 5

What is G03 worth today?

Last sold for AED 1,000,000 in 2020

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25 Apr 2025RentedRenewal
AED 131,250/yr12 months · AED 118 per sqft
24 Apr 2024RentedNew contract
AED 125,000/yr12 months · AED 112 per sqft
25 Feb 2023RentedNew contract
AED 125,000/yr12 months · AED 112 per sqft
1 Feb 2022RentedRenewal
AED 95,000/yr12 months · AED 85 per sqft
1 Feb 2021RentedNew contract
AED 90,000/yr12 months · AED 80 per sqft
10 Dec 2020SoldReady
AED 1,000,000AED 893 per sqft
1 Oct 2020RentedNew contract
AED 100,000/yr12 months · AED 89 per sqft
11 Feb 2020RentedRenewal
AED 100,000/yr12 months · AED 89 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 April 2025.

Key facts

Type
2-bed apartment
Size
1,119 sqft
Floor
Ground of 7
Parking
122
Developer
Emaar
Completed
2006
Service charge
AED 16,900 /yr
Last sold
AED 1M · December 2020
Building
Al Majara Tower 5

About G03, Al Majara Tower 5

G03 is a two-bedroom apartment of 1,119 sqft on the ground floor of Al Majara Tower 5, a 7-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 10 December 2020 for AED 1,000,000, or AED 893 per sqft.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 25 April 2025, is AED 131,250 a year: a gross yield of 13.1% on the 2020 price, before the service charge of about AED 16,900 a year.

Sales and rents for G03 over time

Sales
Unit G03, each saleTypical two-bed in Al Majara Tower 5
1M2M2008201320182023Typical sale price by year: 2008 AED 1,245,300; 2009 AED 1,140,800; 2010 AED 1,142,800; 2012 AED 1,068,844; 2013 AED 2,575,000; 2015 AED 1,855,000; 2024 AED 2,600,000Sold by developer, July 2010: AED 1,150,000 (AED 1,027 per sqft)Sold, October 2012: AED 1,300,000 (AED 1,161 per sqft)Sold, December 2020: AED 1,000,000 (AED 893 per sqft)

G03 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit G03, each contractTypical two-bed in Al Majara Tower 5
100K150K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 137,500; 2014 AED 154,000; 2015 AED 145,000; 2016 AED 145,000; 2017 AED 146,440; 2018 AED 135,000; 2019 AED 135,000; 2020 AED 115,000; 2021 AED 112,500; 2022 AED 115,000; 2023 AED 137,500; 2024 AED 142,500; 2025 AED 143,950; 2026 AED 171,500New contract, April 2015: AED 140,000 a yearRenewal, April 2016: AED 145,000 a yearNew contract, December 2017: AED 124,665 a yearNew contract, February 2019: AED 100,000 a yearRenewal, February 2020: AED 100,000 a yearNew contract, October 2020: AED 100,000 a yearNew contract, February 2021: AED 90,000 a yearRenewal, February 2022: AED 95,000 a yearNew contract, February 2023: AED 125,000 a yearNew contract, April 2024: AED 125,000 a yearRenewal, April 2025: AED 131,250 a year

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 G03 sits

All 24 2-beds →

G03's AED 131,250 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Sep 20243,000,000
10 Jul 20242,600,000
23 May 20242,200,000
1 May 20232,150,000
0 2-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 ground floor

All 53 units in Al Majara Tower 5
Value
G012-bedAED 2.2M · May 2024
G022-bedAED 2.15M · May 2023
G04AED 1.55M · Feb 2018
G052-bedAED 2.6M · Dec 2013
G062-bedAED 3M · Sep 2024
M012-bedAED 1.12M · Apr 2010
M022-bedAED 977K · Dec 2012
1–7 of 9

G03, Al Majara Tower 5 in numbers

  • Sold 3 times: first on 1 July 2010 for AED 1,150,000, last on 10 December 2020 for AED 1,000,000 (AED 893 per sqft).
  • Rented since April 2015 on 11 Ejari contracts. The rent fell from AED 140,000 to AED 90,000 in 2021 and recovered to AED 131,250 by April 2025.
  • At AED 131,250 a year the gross yield on the 2020 price is 13.1%, before a service charge of about AED 16,900 a year (AED 15.11 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 25 April 2025.

Questions about G03, Al Majara Tower 5

What did unit G03 last sell for?

AED 1,000,000 on 10 December 2020: AED 893 per sqft for 1,119 sqft. The unit has 3 registered sales; the first was AED 1,150,000 in July 2010.

What is the rent for unit G03?

AED 131,250 a year on the contract renewed on 25 April 2025. The previous contract, from April 2024, was AED 125,000; the unit has been rented since April 2015.

How big is unit G03?

1,119 sqft (104.0 sqm): a two-bedroom apartment on the ground floor of a 7-storey tower completed in 2006.

What is unit G03 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 G03, Al Majara Tower 5

Starts from the last sale price (AED 1M, 10 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →