PropertyIndex

Al Majara 1

Under Construction · Date not reported|189 units · 1 tower

Al Majara 1 is an under-construction development by PRIME MARINA PROPERTY DEVELOPERS L.L.C in Dubai Marina, comprising 189 registered units. 403 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,808 per sqft. At AED 1,808 per sqft, Al Majara 1 prices 23% below the Dubai Marina median of AED 2,358 per sqft on registered sales.

PIX© price · 7.5% YoY
2.43MAED
Typical
1,808AED
PSF
Gross yield
6.3%
PIX© rent ÷ PIX© price
Sale records
403
DLD · all time
Rent contracts
1,354
Ejari · all time
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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 14

1 Bed on Floor 14, Al Majara 1

Size
Record
Nov 2008 to Mar 2025
Owners
8
Tenants
7
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
7Tenant 722 Mar 202512 mo
Owner 8
6Tenant 61 Oct 202317 mo
Renewal
Owner 8
6Tenant 61 Oct 202212 mo
Owner 8
8Owner 810 Mar 20224.5 yrs
Current owner
Sold with tenant in place
7Owner 79 Mar 20221 d
Sold with tenant in place
5Tenant 51 Oct 202112 mo
Renewal
Owner 6
6Owner 65 Jan 202114 mo
Sold with tenant in place
5Owner 522 Nov 202044 d
Sold with tenant in place
4Tenant 41 Sep 202013 mo
Owner 4 · Registered twice
3Tenant 31 Nov 201910 mo
Ended early
Owner 4
2Tenant 21 Nov 201812 mo
Owner 4
4Owner 411 Jun 20155.5 yrs
Sold with tenant in place
1Tenant 11 May 20126.5 yrs
Owner 3
3Owner 324 Nov 20086.5 yrs
2Owner 224 Nov 2008
Owner 1 · UndisclosedAcquisition date and price not on record
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1 Bed · Floor 14 · Al Majara 1
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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.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
800 - 2,787 sqft
1892.43M1,8087.5%153K6.3%
1 Bed · Apartment
800 - 1,071 sqft
75
2 Bed · Apartment
1,324 - 1,884 sqft
78
3 Bed · Apartment
1,410 - 2,787 sqft
36
Sales - Project-Wide403 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
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
11 Sep 20261 BedAl Majara 1 · Floor 208411,675,0001,992+21.8%Entry LevelStandard Sale
24 Aug 20263 BedAl Majara 1 · Floor 272,5134,600,0001,830-StandardStandard Sale
3 Aug 20261 BedAl Majara 1 · Floor 169291,620,0001,744+0.6%Entry LevelStandard Sale
Rentals - Project-Wide1,354 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
22 Feb 20272 BedAl Majara 1 · Floor 101,338148,281111-StandardCONTRACT
5 Oct 20261 BedAl Majara 1 · Floor 1784185,000101-Entry LevelCERTIFICATE
18 Sep 20261 BedAl Majara 1 · Floor 2184175,00089-Entry LevelCERTIFICATE

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 1,808 per sqft, or about AED 2,425,881 for a typical unit, based on 403 sales registered with the Dubai Land Department.

When is Al Majara 1 handing over?

Al Majara 1 is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Al Majara 1?

Al Majara 1 is developed by PRIME MARINA PROPERTY DEVELOPERS L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Al Majara 1?

Al Majara 1 yields 6.3% gross, calculated from current PIX© rent against current PIX© sale price, across 1,354 registered Ejari contracts.

How many units are in Al Majara 1?

Al Majara 1 holds 189 registered units, per the Dubai Land Department unit register.

Have prices in Al Majara 1 gone up or down?

Price per sqft has fallen -7.5% over the last 12 months, to AED 1,808, across 403 registered sales.