2007, Al Majara Tower 1
Sold prices and rental history: sold twice, last in October 2014, 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 2007, Al Majara Tower 1
What is 2007 worth today?
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Source: Dubai Land Department. Updated 29 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,338 sqft
- Floor
- 20th of 28
- Parking
- 593
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,200 /yr
- Last sold
- AED 1.25M · October 2014
- Building
- Al Majara Tower 1
About 2007, Al Majara Tower 1
2007 is a two-bedroom apartment of 1,338 sqft on the 20th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 9 October 2014 for AED 1,250,000, or AED 934 per sqft, 38% below the AED 1,508 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 16 Ejari contracts. The current contract, renewed on 29 May 2026, is AED 160,000 a year: a gross yield of 12.8% on the 2014 price, before the service charge of about AED 20,200 a year.
Sales and rents for 2007 over time
2007 has sold twice; 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 2007 sits
All 77 2-beds →2007 last sold in October 2014 at AED 934 per sqft, 38% below what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,508). 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. 2007's AED 160,000 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 20th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 951 sqft | AED 380KAED 379,750 · Jul 2010July 2010 | 126,000 /yr | |
| 2002 | 3-bed | 2,057 sqft | AED 2.02MAED 2,021,888 · Feb 2013February 2013 | 240,000 /yr | |
| 2004 | 2-bed | 1,324 sqft | AED 1.55MAED 1,550,000 · Nov 2012November 2012 | 140,000 /yr | |
| 2005 | 1-bed | 929 sqft | AED 1.25MAED 1,250,000 · Nov 2013November 2013 | 82,500 /yr | |
| 2006 | 1-bed | 841 sqft | AED 1.68MAED 1,675,000 · Sep 2026September 2026 | 75,000 /yr |
2007, Al Majara Tower 1 in numbers
- Sold twice: first on 13 May 2013 for AED 974,500, last on 9 October 2014 for AED 1,250,000 (AED 934 per sqft).
- Rented since February 2013 on 16 Ejari contracts. The rent fell from AED 107,000 to AED 94,000 in 2021 and recovered to AED 160,000 by May 2026.
- At AED 160,000 a year the gross yield on the 2014 price is 12.8%, 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 29 May 2026.
Questions about 2007, Al Majara Tower 1
What did unit 2007 last sell for?
AED 1,250,000 on 9 October 2014: AED 934 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 974,500 in May 2013.
What is the rent for unit 2007?
AED 160,000 a year on the contract renewed on 29 May 2026. The previous contract, from May 2025, was AED 160,000; the unit has been rented since February 2013.
How big is unit 2007?
1,338 sqft (124.3 sqm): a two-bedroom apartment on the 20th floor of a 28-storey tower completed in 2006.
What is unit 2007 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 2007, Al Majara Tower 1
Starts from the last sale price (AED 1.25M, 9 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →