M03, Al Majara Tower 5
Sold prices and rental history: sold twice, last in December 2012, 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 M03, Al Majara Tower 5
What is M03 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 715 sqft
- Floor
- Ground of 7
- Parking
- 116
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 10,800 /yr
- Last sold
- AED 787K · December 2012
- Building
- Al Majara Tower 5
About M03, Al Majara Tower 5
M03 is a two-bedroom apartment of 715 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 25 December 2012 for AED 787,055, or AED 1,100 per sqft, 21% above the AED 912 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 10 August 2025, is AED 132,825 a year: a gross yield of 16.9% on the 2012 price, before the service charge of about AED 10,800 a year.
Sales and rents for M03 over time
M03 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 M03 sits
All 24 2-beds →M03 last sold in December 2012 at AED 1,100 per sqft, 21% above what two-beds in Al Majara Tower 5 were fetching at the time (AED 912). M03's AED 132,825 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 ground floor
All 53 units in Al Majara Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | 2-bed | 1,367 sqft | AED 2.2MAED 2,200,000 · May 2024May 2024 | 106,154 /yr | |
| G02 | 2-bed | 1,431 sqft | AED 2.15MAED 2,150,000 · May 2023May 2023 | 115,000 /yr | |
| G03 | 2-bed | 1,119 sqft | AED 1MAED 1,000,000 · Dec 2020December 2020 | 131,250 /yr | |
| G04 | 1,066 sqft | AED 1.55MAED 1,550,000 · Feb 2018February 2018 | 75,000 /yr | ||
| G05 | 2-bed | 1,270 sqft | AED 2.6MAED 2,600,000 · Dec 2013December 2013 | 140,000 /yr | |
| G06 | 2-bed | 1,431 sqft | AED 3MAED 3,000,000 · Sep 2024September 2024 | 185,000 /yr | |
| M01 | 2-bed | 1,367 sqft | AED 1.12MAED 1,115,800 · Apr 2010April 2010 | 135,000 /yr | |
| M02 | 2-bed | 1,270 sqft | AED 977KAED 976,888 · Dec 2012December 2012 | 140,000 /yr | |
| M04 | 1-bed | 1,151 sqft | AED 2.15MAED 2,150,000 · Apr 2025April 2025 |
M03, Al Majara Tower 5 in numbers
- Sold twice: first on 25 December 2007 for AED 447,900, last on 25 December 2012 for AED 787,055 (AED 1,100 per sqft).
- Rented since November 2013 on 8 Ejari contracts, from AED 120,000 to AED 132,825 a year.
- At AED 132,825 a year the gross yield on the 2012 price is 16.9%, before a service charge of about AED 10,800 a year (AED 15.11 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 10 August 2025.
Questions about M03, Al Majara Tower 5
What did unit M03 last sell for?
AED 787,055 on 25 December 2012: AED 1,100 per sqft for 715 sqft. The unit has 2 registered sales; the first was AED 447,900 in December 2007.
What is the rent for unit M03?
AED 132,825 a year on the contract renewed on 10 August 2025. The previous contract, from August 2024, was AED 120,750; the unit has been rented since November 2013.
How big is unit M03?
715 sqft (66.4 sqm): a two-bedroom apartment on the ground floor of a 7-storey tower completed in 2006.
What is unit M03 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 M03, Al Majara Tower 5
Starts from the last sale price (AED 787K, 25 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 787,055
- Deposit, UAE resident (20%)
- AED 157,411
- Deposit, non-resident (40%)
- AED 314,822
- Monthly over 25 years at 3.7%
- AED 3,220
Plus AED 38,066 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →