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2-bed · 1,324 sqftAl Majara Tower 1, Dubai Marina · 21st floor · completed 2006

2104, Al Majara Tower 1

Sold prices and rental history: sold twice, last in April 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2104 · DLD and Ejari recordsUpdated 6 April 2016
Last soldAED 925K6 April 2016
Current rentAED 170K /yr25 June 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2104, Al Majara Tower 1

What is 2104 worth today?

Last sold for AED 925,000 in 2016

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6 Apr 2016SoldReady
AED 925,000AED 698 per sqft
25 Jun 2014RentedNew contract
AED 170,000/yr12 months · AED 128 per sqft
25 Jun 2013RentedNew contract
AED 170,000/yr12 months · AED 128 per sqft
16 Jun 2010Sold by developerReady
AED 2,150,000AED 1,623 per sqft

Source: Dubai Land Department. Updated 6 April 2016.

Key facts

Type
2-bed apartment
Size
1,324 sqft
Floor
21st of 28
Parking
590
Developer
Emaar
Completed
2006
Service charge
AED 20,000 /yr
Last sold
AED 925K · April 2016
Building
Al Majara Tower 1

About 2104, Al Majara Tower 1

2104 is a two-bedroom apartment of 1,324 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 6 April 2016 for AED 925,000, or AED 698 per sqft, 53% below the AED 1,489 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 25 June 2014, is AED 170,000 a year: a gross yield of 18.4% on the 2016 price, before the service charge of about AED 20,000 a year.

Sales and rents for 2104 over time

Sales
Unit 2104, 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, June 2010: AED 2,150,000 (AED 1,623 per sqft)Sold, April 2016: AED 925,000 (AED 698 per sqft)

2104 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2104, 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, June 2013: AED 170,000 a yearNew contract, June 2014: AED 170,000 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 2104 sits

All 77 2-beds →

2104 last sold in April 2016 at AED 698 per sqft, 53% below what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,489). 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. 2104's AED 170,000 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
21032-bedAED 1.51M · Jun 2020
21051-bedAED 2M · Jun 2026
21061-bedAED 284K · Sep 2009
21072-bedAED 1.45M · May 2020

2104, Al Majara Tower 1 in numbers

  • Sold twice: first on 16 June 2010 for AED 2,150,000, last on 6 April 2016 for AED 925,000 (AED 698 per sqft).
  • Rented since June 2013 on 2 Ejari contracts, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2016 price is 18.4%, before a service charge of about AED 20,000 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 6 April 2016.

Questions about 2104, Al Majara Tower 1

What did unit 2104 last sell for?

AED 925,000 on 6 April 2016: AED 698 per sqft for 1,324 sqft. The unit has 2 registered sales; the first was AED 2,150,000 in June 2010.

What is the rent for unit 2104?

AED 170,000 a year on the contract signed on 25 June 2014. The previous contract, from June 2013, was AED 170,000.

How big is unit 2104?

1,324 sqft (123.0 sqm): a two-bedroom apartment on the 21st floor of a 28-storey tower completed in 2006.

What is unit 2104 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 2104, Al Majara Tower 1

Starts from the last sale price (AED 925K, 6 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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