Al Majara 3, Dubai Marina
Al Majara 3 is a 15-storey residential tower in Dubai Marina, part of the five-building Al Majara Towers complex developed by Emaar Properties. Completed in 2006, it holds 56 apartments across one, two and three-bedroom layouts. Royale Stays manages Dubai Marina holiday homes end to end for a fee from 15%.
Developer
Emaar Properties
Storeys
15
Units
56, 1/2/3-bedroom apartments
Status
Complete (2006)
Area
Dubai Marina
About Al Majara 3
Al Majara 3 is a 15-storey residential tower in Dubai Marina, developed by Emaar Properties, launched in 2004 and completed in 2006. It is one of the numbered towers in the Al Majara Towers complex, near JBR Beach on the Marina waterfront. The building holds 56 apartments across one, two and three-bedroom layouts.
This guide covers Al Majara 3 specifically. It is not the same building as Al Majara 1, 2, 4 or 5, and owners researching this address should confirm which numbered tower a listing actually refers to before relying on any building-specific detail here. The two neighbouring towers already covered on this site are Al Majara 1, Dubai Marina and Al Majara 2, Dubai Marina.
Developer, storey count and completion year are sourced directly from Bayut's Al Majara 3 building guide, which states Emaar Properties as developer, 15 floors and a 2006 completion (launched 2004). The 15-storey figure is corroborated independently by Propsearch.ae's own Al Majara 3 page. The developer is further corroborated by the two already-published sibling guides on this site (Al Majara 1, Al Majara 2), both independently verified as Emaar Properties for the same Al Majara Towers complex. A content-build-queue entry for this building had recorded the developer as Dubai Properties, the same stale value the Al Majara 1 queue row also carried; that figure is superseded here by the Emaar Properties consensus. The 56-unit count is stated by Bayut alone and has not been independently cross-confirmed by a second source, so it is presented with that attribution rather than as fully double-verified.
Location & Nearby Landmarks
Al Majara 3 sits within Dubai Marina, in the same stretch of the district as Marina Mansions and Silverene Towers, close to JBR Beach. Owners comparing this address against the wider district can read Royale Stays’ guide to Airbnb management across Dubai Marina for the fuller picture.
Marina Walk, Dubai Marina Mall and the Marina’s waterfront promenade all sit within the immediate area, with JBR’s beachfront a short distance away. The Dubai Marina and DMCC Metro stations on the Red Line serve the district, alongside the Marina tram line.
Other Dubai Marina buildings in the same general stretch of the community that Royale Stays has covered separately include Marina Mansions, Silverene Towers and Marina Promenade, useful reference points for owners researching this part of the Marina.
Unit Types
Al Majara 3 holds 56 apartments across one, two and three-bedroom layouts, per Bayut, with covered areas ranging from roughly 880 to 1,386 sq ft. Propsearch’s own market listings for the building separately confirm both 2-bedroom and 3-bedroom units are in circulation, consistent with Bayut’s fuller 1/2/3-bed breakdown. No floor-plan diagrams are included in this guide: floor plans are typically the developer’s or broker’s proprietary material and aren’t reproduced here.
Amenities
Per Bayut, Al Majara 3’s amenities include a shared swimming pool, a gym, a games room and a kids’ play area, 24-hour CCTV security and key-card access, covered parking, and a multi-purpose room used for events and social gatherings. The building also runs on Emaar’s own district cooling plant rather than individual AC units. This amenities list is sourced from Bayut alone and has not been independently cross-confirmed by a second source.
Transportation & Access
The Dubai Marina and DMCC Metro stations on the Red Line serve the wider district, along with the tram line that runs through Marina Walk toward JBR. Sheikh Zayed Road gives the wider Marina direct access to Downtown Dubai and the rest of the city, though Royale Stays has not confirmed an exact walking or drive distance from Al Majara 3 itself.
Rental & Price Trends
Dubai Land Department-sourced sale records published by Propsearch.ae show a 2-bedroom unit at Al Majara 3 (1,401 sq ft) selling for AED 2.55 million in December 2025 (AED 1,820 per sq ft) and a comparable unit selling for AED 2.93 million in June 2025 (AED 2,090 per sq ft). A separate government-recorded gift/transfer (not an open-market sale) valued a one-bedroom unit (869 sq ft) at AED 1.58 million in November 2025. Propsearch records 50 sale transactions for the building in total; only the dated, sale-type entries above are used here as pricing evidence.
Royale Stays has not independently confirmed area-level or building-specific rental figures for Al Majara 3 in this pass, so no annual rent range is stated here rather than an estimate presented as fact. Service charges specific to Al Majara 3 were similarly not able to be reliably confirmed against DLD’s Mollak index in this pass. Owners weighing a specific unit’s earning potential can run their own numbers through Royale Stays’ Dubai property ROI calculator.
Airbnb / Short-Term Rental Income Potential
Short-term letting anywhere in Dubai, including at Al Majara 3, runs through a DTCM (Department of Economy and Tourism) holiday home permit, the same licensing requirement that applies regardless of building or area. Royale Stays’ guide to the Dubai holiday home permit covers what the process and fees generally involve.
The keyword gate for this building resolved an initial CAUTION verdict to a pass on the basis that Al Majara 3 is a legitimately separate, distinctly numbered tower within a mature, well-established Dubai Marina freehold complex with an active DLD sale-transaction history (50 recorded transactions), the same complex as the neighbouring Al Majara 1 and Al Majara 2, both already covered on this site. Royale Stays has not independently confirmed a fresh operator or listing signal for Al Majara 3 itself in this pass, and states that honestly rather than overclaiming proof. Across Royale Stays’ own managed portfolio in Dubai Marina, a well-run one-bedroom apartment earns roughly AED 120,000 to AED 165,000 gross per year at typical occupancy, with net income after management fees and operating costs typically landing around AED 80,000 to AED 110,000, the same range already published on the Al Majara 1 and Al Majara 2 guides for this immediate location.
Royale Stays manages the full furnishing, photography, pricing, check-in and guest communications process for owners who prefer not to handle it directly, and our guide to what separates a strong Airbnb management company from a weak one sets out what to look for when comparing operators. Owners ready to move forward can submit their property for a management review to get a clearer read on its Airbnb potential.
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