1507, Al Majara Tower 1
Sold prices and rental history: sold 4 times, last in October 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1507, Al Majara Tower 1
What is 1507 worth today?
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Source: Dubai Land Department. Updated 27 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,338 sqft
- Floor
- 15th of 28
- Parking
- 181
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,200 /yr
- Last sold
- AED 477K · October 2021
- Building
- Al Majara Tower 1
About 1507, Al Majara Tower 1
1507 is a two-bedroom apartment of 1,338 sqft on the 15th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 13 October 2021 for AED 476,555, or AED 356 per sqft, 63% below the AED 962 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 27 February 2026, is AED 150,000 a year: a gross yield of 31.5% on the 2021 price, before the service charge of about AED 20,200 a year.
Sales and rents for 1507 over time
1507 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Majara Tower 1, and where 1507 sits
All 77 2-beds →1507 last sold in October 2021 at AED 356 per sqft, 63% below what two-beds in Al Majara Tower 1 were fetching at the time (AED 962). Over the last 12 months two-beds sold for AED 2,043,546 to 3,050,000, around AED 1,831 per sqft, and rent for AED 100,000 to 280,000 a year. 1507's AED 150,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 1,324 sqft | 2,800,000 | 2,114 | ||
| 13 Jul 202613 July 2026 | 1,338 sqft | 2,043,546 | 1,527 | ||
| 4 Jun 20264 June 2026 | 1,338 sqft | 2,450,000 | 1,831 | ||
| 1 May 20261 May 2026 | 1,338 sqft | 3,050,000 | 2,279 |
Al Majara Tower 1
Building188 apartments, 1-bed to 3-bed over 28 floors in Dubai Marina, completed in 2006 by Emaar. 12 sold in the last 12 months.
- Typical price per sqft
- AED 2,018 Up 4.4%
- Typical sale
- AED 2.4M
- Typical rent
- AED 130K /yr
- Typical yield
- 5.2%
Other units on the 15th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 951 sqft | AED 1.87MAED 1,865,000 · Jul 2025July 2025 | 100,000 /yr | |
| 1502 | 3-bed | 2,057 sqft | AED 2.14MAED 2,135,000 · Apr 2019April 2019 | 202,009 /yr | |
| 1503 | 2-bed | 1,591 sqft | AED 2.9MAED 2,900,000 · Jul 2008July 2008 | 134,505 /yr | |
| 1504 | 2-bed | 1,324 sqft | AED 1.25MAED 1,250,000 · Oct 2011October 2011 | 133,404 /yr | |
| 1505 | 1-bed | 929 sqft | AED 1.6MAED 1,600,000 · May 2014May 2014 | 110,000 /yr | |
| 1506 | 1-bed | 841 sqft | AED 532KAED 532,000 · Mar 2015March 2015 | 84,000 /yr |
1507, Al Majara Tower 1 in numbers
- Sold 4 times: first on 12 June 2008 for AED 1,318,400, last on 13 October 2021 for AED 476,555 (AED 356 per sqft).
- Rented since October 2013 on 12 Ejari contracts. The rent fell from AED 140,000 to AED 109,975 in 2024 and recovered to AED 150,000 by February 2026.
- At AED 150,000 a year the gross yield on the 2021 price is 31.5%, before a service charge of about AED 20,200 a year (AED 15.11 per sqft).
- Two-beds in Al Majara Tower 1 sold for AED 2,043,546–3,050,000 in the 12 months to November 2026; the building's median across all types is AED 2,018 per sqft.
Source: Dubai Land Department. Updated 27 February 2026.
Questions about 1507, Al Majara Tower 1
What did unit 1507 last sell for?
AED 476,555 on 13 October 2021: AED 356 per sqft for 1,338 sqft. The unit has 4 registered sales; the first was AED 1,318,400 in June 2008.
What is the rent for unit 1507?
AED 150,000 a year on the contract signed on 27 February 2026. The previous contract, from March 2025, was AED 120,973; the unit has been rented since October 2013.
How big is unit 1507?
1,338 sqft (124.3 sqm): a two-bedroom apartment on the 15th floor of a 28-storey tower completed in 2006.
What is unit 1507 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Majara Tower 1 sold for AED 2,043,546 to 3,050,000 in the last 12 months, around AED 1,831 per sqft.
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Mortgage on 1507, Al Majara Tower 1
Starts from the last sale price (AED 477K, 13 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 476,555
- Deposit, UAE resident (20%)
- AED 95,311
- Deposit, non-resident (40%)
- AED 190,622
- Monthly over 25 years at 3.7%
- AED 1,950
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →