PropertyIndex

Al Majara 1

In Progress · Date not reported

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Al Majara 1 is an in-progress apartment development in Dubai Marina, Marsa Dubai. 464 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,860 per sqft. At AED 1,860 per sqft, Al Majara 1 prices 27% below the Dubai Marina average of AED 2,539 per sqft on registered sales.

PIX© price · 4.1% YoY
2.33MAED
Typical
1,860AED
PSF
Gross yield
6.9%
PIX© rent ÷ PIX© price
Sale records
464
DLD · all time
Rent contracts
1,336
Ejari · all time
Al Majara 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypePIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
2.33M1,8604.1%161K6.9%
1 Bed · Apartment
800 – 1,071 sqft
2 Bed · Apartment
1,324 – 1,884 sqft
3 Bed · Apartment
1,410 – 2,787 sqft
Sales — Project-Wide464 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
3 Aug 20261 BedFloor 169291,620,0001,744+0.6%StandardStandard Sale
22 Jul 20263 BedFloor 11,6433,500,0002,130+233.3%StandardStandard Sale
15 Jul 20261 BedFloor 259512,350,0002,471+27.0%StandardStandard Sale
Rentals — Project-Wide1,336 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 186 rentals
Floors 1-23 · 153 rentals
Floors 24-28 · 33 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 20262 BedFloor 121,338136,5001020.0%Standardrenewal
15 Aug 20263 BedFloor 272,076280,0001350.0%Standardrenewal
7 Aug 20261 BedFloor 6951110,000116-15.4%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Marina

The closest-priced registered projects in Dubai Marina.

Common questions about Al Majara 1

Answered from Dubai Land Department registered transactions.

How much does a property in Al Majara 1 cost?

Property in Al Majara 1 sells at a current PIX© price of AED 1,860 per sqft, or about AED 2,333,007 for a typical unit, based on 464 sales registered with the Dubai Land Department.

When is Al Majara 1 handing over?

Al Majara 1 is under construction.

What is the rental yield in Al Majara 1?

Al Majara 1 yields 6.9% gross, calculated from current PIX© rent against current PIX© sale price, across 1,336 registered Ejari contracts.

Have prices in Al Majara 1 gone up or down?

Price per sqft has fallen -4.1% over the last 12 months, to AED 1,860, across 464 registered sales.