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2-bed · 1,591 sqftAl Majara Tower 1, Dubai Marina · 21st floor · completed 2006

2103, Al Majara Tower 1

Sold prices and rental history: sold 4 times, last in June 2020, and rented once, from November 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2103 · DLD and Ejari recordsUpdated 10 June 2020
Last soldAED 1.51M10 June 2020
Current rentAED 144K /yr2 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2103, Al Majara Tower 1

What is 2103 worth today?

Last sold for AED 1,509,855 in 2020

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10 Jun 2020SoldReady
AED 1,509,855AED 948 per sqft
2 Nov 2019RentedNew contract
AED 144,000/yr12 months · AED 90 per sqft
10 Aug 2017SoldReady
AED 1,800,000AED 1,131 per sqft
10 May 2011SoldReady
AED 1,300,000AED 817 per sqft
28 Feb 2010Sold by developerReady
AED 1,765,888AED 1,109 per sqft

Source: Dubai Land Department. Updated 10 June 2020.

Key facts

Type
2-bed apartment
Size
1,591 sqft
Floor
21st of 28
Parking
591
Developer
Emaar
Completed
2006
Service charge
AED 24,000 /yr
Last sold
AED 1.51M · June 2020
Building
Al Majara Tower 1

About 2103, Al Majara Tower 1

2103 is a two-bedroom apartment of 1,591 sqft on the 21st floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 10 June 2020 for AED 1,509,855, or AED 948 per sqft, 4% above the AED 915 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 November 2019. The current contract, signed on 2 November 2019, is AED 144,000 a year: a gross yield of 9.5% on the 2020 price, before the service charge of about AED 24,000 a year.

Sales and rents for 2103 over time

Sales
Unit 2103, each saleTypical two-bed in Al Majara Tower 1
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,480,000; 2009 AED 1,195,000; 2010 AED 1,087,500; 2011 AED 1,231,974; 2012 AED 1,300,000; 2013 AED 1,887,500; 2014 AED 2,350,000; 2015 AED 2,150,000; 2016 AED 1,830,000; 2017 AED 1,870,000; 2018 AED 2,045,000; 2019 AED 700,000; 2020 AED 1,212,500; 2021 AED 1,455,000; 2022 AED 1,800,000; 2023 AED 2,200,000; 2024 AED 2,300,000; 2025 AED 2,806,229; 2026 AED 2,625,000Sold by developer, February 2010: AED 1,765,888 (AED 1,109 per sqft)Sold, May 2011: AED 1,300,000 (AED 817 per sqft)Sold, August 2017: AED 1,800,000 (AED 1,131 per sqft)Sold, June 2020: AED 1,509,855 (AED 948 per sqft)

2103 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2103, each contractTypical two-bed in Al Majara Tower 1
100K150K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 137,348; 2014 AED 152,000; 2015 AED 156,000; 2016 AED 150,000; 2017 AED 147,000; 2018 AED 135,000; 2019 AED 119,800; 2020 AED 100,000; 2021 AED 99,750; 2022 AED 110,000; 2023 AED 130,000; 2024 AED 140,000; 2025 AED 150,000; 2026 AED 140,000New contract, November 2019: AED 144,000 a year

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 2103 sits

All 77 2-beds →

2103 last sold in June 2020 at AED 948 per sqft, 4% above what two-beds in Al Majara Tower 1 were fetching at the time (AED 915). 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. 2103's AED 144,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Oct 20262,800,000
13 Jul 20262,043,546
4 Jun 20262,450,000
1 May 20263,050,000
5 2-bed sales in the last 12 months

Al Majara Tower 1

Building

188 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%
Al Majara Tower 1, Dubai Marina: prices, sales and rents →

Other units on the 21st floor

All 188 units in Al Majara Tower 1
Value
21011-bedAED 2.1M · Nov 2023
21023-bedAED 1.77M · Oct 2008
21042-bedAED 925K · Apr 2016
21051-bedAED 2M · Jun 2026
21061-bedAED 284K · Sep 2009
21072-bedAED 1.45M · May 2020

2103, Al Majara Tower 1 in numbers

  • Sold 4 times: first on 28 February 2010 for AED 1,765,888, last on 10 June 2020 for AED 1,509,855 (AED 948 per sqft).
  • Rented since November 2019 on one Ejari contract, at AED 144,000 a year.
  • At AED 144,000 a year the gross yield on the 2020 price is 9.5%, before a service charge of about AED 24,000 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 10 June 2020.

Questions about 2103, Al Majara Tower 1

What did unit 2103 last sell for?

AED 1,509,855 on 10 June 2020: AED 948 per sqft for 1,591 sqft. The unit has 4 registered sales; the first was AED 1,765,888 in February 2010.

What is the rent for unit 2103?

AED 144,000 a year on the contract signed on 2 November 2019.

How big is unit 2103?

1,591 sqft (147.8 sqm): a two-bedroom apartment on the 21st floor of a 28-storey tower completed in 2006.

What is unit 2103 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 2103, Al Majara Tower 1

Starts from the last sale price (AED 1.51M, 10 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,509,855
Deposit, UAE resident (20%)
AED 301,971
Deposit, non-resident (40%)
AED 603,942
Monthly over 25 years at 3.7%
AED 6,177

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →