PropertyIndex

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. 107 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,166 per sqft. At AED 2,166 per sqft, Al Majara 3 prices 13% below the Dubai Marina median of AED 2,479 per sqft on registered sales.

PIX© price · ↑11.0% YoY
2.75MAED
Typical
2,166AED
PSF
Gross yield
5.0%
PIX© rent ÷ PIX© price
Sale records
107
DLD · all time
Rent contracts
441
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 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
PartyDatePrice / RentAEDPSFvs priorHeldNote
5Owner 53 May 20233.5 yrs
Current owner
Mortgage
4Owner 412 May 202212 mo
Sold with tenant in place
3Owner 319 Jan 20224 mo
Sold with tenant in place
4Tenant 427 Dec 20219 mo
Renewal · Ended early
Owner 2
4Tenant 427 Dec 202012 mo
Owner 2
3Tenant 323 May 201911 mo
Renewal · Ended early
Owner 2
3Tenant 323 May 201812 mo
Owner 2
2Tenant 210 Nov 201614 mo
Renewal
Owner 2
2Tenant 210 Nov 201512 mo
Renewal
Owner 2
2Tenant 210 Nov 201412 mo
Owner 2
1Tenant 15 Oct 201212 mo
Owner 2
2Owner 221 Oct 200813.2 yrs
Owner 1 · Undisclosed—Acquisition date and price not on record
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2 Bed · Floor 5 · Al Majara 3
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Al Majara 3

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
869 - 1,856 sqft
562.75M2,166↑11.0%139K5.0%
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-Wide107 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
9 Oct 20262 BedAl Majara 3 · Floor 51,4013,700,0002,641-StandardStandard Sale
12 Dec 20252 BedAl Majara 3 · Floor 21,4012,550,0001,820-StandardStandard Sale
16 Jun 20252 BedAl Majara 3 · Floor 21,4012,925,0002,088+37.2%StandardStandard Sale
Rentals - Project-Wide441 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
13 Nov 20262 BedAl Majara 3 · Floor 61,386200,000144-PremiumCONTRACT
21 Oct 20261 BedAl Majara 3 · Floor 6869100,000115-StandardCONTRACT
16 Oct 20262 BedAl Majara 3 · Floor 31,386145,000105-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 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 2,166 per sqft, or about AED 2,748,942 for a typical unit, based on 107 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 5.0% gross, calculated from current PIX© rent against current PIX© sale price, across 441 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 risen +11.0% over the last 12 months, to AED 2,166, across 107 registered sales.