Al Majara 3

Under Construction · Date not reported|56 units · 1 building

Al Majara 3 is an under-construction development by PRIME MARINA PROPERTY DEVELOPERS L.L.C in Dubai Marina, comprising 56 registered units. 106 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,781 per sqft. At AED 1,781 per sqft, Al Majara 3 prices 25% below the Dubai Marina median of AED 2,376 per sqft on registered sales.

PIX© price · ↓9.1% YoY

2.21MAED

Typical

1,781AED

PSF

Gross yield

6.3%

PIX© rent ÷ PIX© price

Sale records

106

DLD · all time

Rent contracts

434

Ejari · all time

SATELLITE

LocationDubai Marina

Drive times · typical

Downtown Dubai21 min · 25.1 km

DXB Airport25 min · 34.8 km

DIFC23 min · 27.1 km

Dubai Marina7 min · 2.1 km

Palm Jumeirah14 min · 12.9 km

Nearest · straight-line

Metro stationDMCC Metro Station0.3 km

Mallpomart0.4 km

SchoolXclusive Sea School Dubai - RYA Training Centre0.1 km

HospitalNovomed - Dubai Marina0.3 km

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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 5

…

2 Bed on Floor 5, Al Majara 3

Size
Record: Oct 2008 to May 2023
Owners: 5
Tenants: 4
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
5Owner 5	3 May 2023		3.4 yrs	Current owner Mortgage
4Owner 4	12 May 2022		12 mo	Sold with tenant in place
3Owner 3	19 Jan 2022		4 mo	Sold with tenant in place
4Tenant 4	27 Dec 2021		9 mo	Renewal · Ended early Owner 2
4Tenant 4	27 Dec 2020		12 mo	Owner 2
3Tenant 3	23 May 2019		11 mo	Renewal · Ended early Owner 2
3Tenant 3	23 May 2018		12 mo	Owner 2
2Tenant 2	10 Nov 2016		14 mo	Renewal Owner 2
2Tenant 2	10 Nov 2015		12 mo	Renewal Owner 2
2Tenant 2	10 Nov 2014		12 mo	Owner 2
1Tenant 1	5 Oct 2012		12 mo	Owner 2
2Owner 2	21 Oct 2008		13.2 yrs
Owner 1 · Undisclosed		—		Acquisition date and price not on record

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2 Bed · Floor 5 · Al Majara 3

Nightly rateAED

Occupancy (237 nights)

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Al Majara 31,781AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	PIX© Rent /yr	Yield
PIX© Core Project-Wide 869 - 1,856 sqft	56	2.21M	1,781	↓9.1%	139K	6.3%
1 Bed · Apartment 869 - 1,111 sqft	19	-	-	-
2 Bed · Apartment 1,386 - 1,751 sqft	35
3 Bed · Apartment 1,844 - 1,856 sqft	2	-	-	-	-

Sales - Project-Wide106 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
12 Dec 2025	2 Bed	Al Majara 3 · Floor 2	1,401	2,550,000	1,820	-	Standard	Standard Sale
16 Jun 2025	2 Bed	Al Majara 3 · Floor 2	1,401	2,925,000	2,088	+37.2%	Standard	Standard Sale
19 Sep 2024	2 Bed	Al Majara 3 · Floor 6	1,386	3,275,000	2,363	+72.4%	Standard	Standard Sale

Rentals - Project-Wide434 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
15 Sep 2026	2 Bed	Al Majara 3 · Floor 5	1,401	155,045	111	-	Standard	CONTRACT
14 Sep 2026	1 Bed	Al Majara 3 · Floor 8	869	120,994	139	-	Standard	CERTIFICATE
26 Aug 2026	2 Bed	Al Majara 3 · Floor 4	1,386	170,000	123	-	Standard	CERTIFICATE

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Al Majara 3

Compared with

Kempinski Marina Residences

PIX© PSF

1,824

Rank

—

#10 of 19

Typical price

2.56M

Yield

6.3%

Units

419

Sales

411

Rents

142

—

Developer

PRIME MARINA PROPERTY DEVELOPERS L.L.C

A B A REAL ESTATE DEVELOPMENT L.L.C

Handover

U/C

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Kempinski Marina Residences A B A REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	419					411	—
	Pelagos by IGO DIGO REAL ESTATE DEVELOPMENT (BR OF INVEST GROUP OVERSEAS (L L C) ) · U/C · Off-plan pricing	296					276	—
	Marina Cove EMAAR · U/C · Off-plan pricing	227					226	—
	Aeternitas Tower LONDON GATE REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	661					670	—
	Liv Lux MARINA LIV DEVELOPMENT (BR OF MARINA 2 GROUP LIMITED ) - DUBAI BRANCH · U/C · Off-plan pricing	229					249	—
	Marina Living CONTINENTAL INVESTMENTS LMD L.L.C · Completed · Off-plan pricing	208					228	72
–	Al Majara 3 PRIME MARINA PROPERTY DEVELOPERS L.L.C · U/C	56	1,824	Subject	2.56M	6.3%	8	142
	Marina Arcade Tower MADA'IN PROPERTIES CO (MADA'IN ) (P.J.S.C) · Completed · Off-plan pricing	300					88	610
	Marina 101 SHEFFIELD HOLDINGS LIMITED · Completed · Off-plan pricing	498					93	—
	Escan Tower THARWAA ESCAN INVESTMENTS (L.L.C) · Completed · Off-plan pricing	713					63	782
	Pier 8 PIER 8 REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	341					44	—

Community median 2,376 AED/sqft. Showing the closest-ranked peers of 19 ranked projects in the community. 9 community projects excluded for insufficient recorded sales. 64 excluded for trading only in the off-plan market. 7 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Dubai Marina

The closest-priced registered projects in Dubai Marina.

Marina Arcade TowerAED 1,616/sqft
Marina LivingAED 2,116/sqft
Marina 101AED 1,347/sqft
Escan TowerAED 1,343/sqft
Liv LuxAED 2,245/sqft
Aeternitas TowerAED 2,336/sqft

Common questions about Al Majara 3

Answered from Dubai Land Department registered transactions.

How much does a property in Al Majara 3 cost?

Property in Al Majara 3 sells at a current PIX© price of AED 1,781 per sqft, or about AED 2,210,054 for a typical unit, based on 106 sales registered with the Dubai Land Department.

When is Al Majara 3 handing over?

Al Majara 3 is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Al Majara 3?

Al Majara 3 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 3?

Al Majara 3 yields 6.3% gross, calculated from current PIX© rent against current PIX© sale price, across 434 registered Ejari contracts.

How many units are in Al Majara 3?

Al Majara 3 holds 56 registered units, per the Dubai Land Department unit register.

Have prices in Al Majara 3 gone up or down?

Price per sqft has fallen -9.1% over the last 12 months, to AED 1,781, across 106 registered sales.