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2-bed · 1,338 sqftAl Majara Tower 1, Dubai Marina · 21st floor · completed 2006

2107, Al Majara Tower 1

Sold prices and rental history: sold 3 times, last in May 2020, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2107 · DLD and Ejari recordsUpdated 10 May 2020
Last soldAED 1.45M10 May 2020
Current rentAED 110K /yr1 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2107, Al Majara Tower 1

What is 2107 worth today?

Last sold for AED 1,450,000 in 2020

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10 May 2020SoldReady
AED 1,450,000AED 1,083 per sqft
1 Feb 2019RentedNew contract
AED 110,000/yr12 months · AED 82 per sqft
24 Jan 2016RentedNew contract
AED 150,000/yr12 months · AED 112 per sqft
26 Oct 2014RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft
18 Jun 2008Sold by developerReady
AED 1,325,000AED 990 per sqft
18 Jun 2008SoldReady
AED 2,300,000AED 1,719 per sqft

Source: Dubai Land Department. Updated 10 May 2020.

Key facts

Type
2-bed apartment
Size
1,338 sqft
Floor
21st of 28
Parking
587
Developer
Emaar
Completed
2006
Service charge
AED 20,200 /yr
Last sold
AED 1.45M · May 2020
Building
Al Majara Tower 1

About 2107, Al Majara Tower 1

2107 is a two-bedroom apartment of 1,338 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 May 2020 for AED 1,450,000, or AED 1,083 per sqft, 19% above the AED 913 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 February 2019, is AED 110,000 a year: a gross yield of 7.6% on the 2020 price, before the service charge of about AED 20,200 a year.

Sales and rents for 2107 over time

Sales
Unit 2107, 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 2008: AED 1,325,000 (AED 990 per sqft)Sold, June 2008: AED 2,300,000 (AED 1,719 per sqft)Sold, May 2020: AED 1,450,000 (AED 1,083 per sqft)

2107 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2107, 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, October 2014: AED 160,000 a yearNew contract, January 2016: AED 150,000 a yearNew contract, February 2019: AED 110,000 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 2107 sits

All 77 2-beds →

2107 last sold in May 2020 at AED 1,083 per sqft, 19% above what two-beds in Al Majara Tower 1 were fetching at the time (AED 913). 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. 2107's AED 110,000 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
21042-bedAED 925K · Apr 2016
21051-bedAED 2M · Jun 2026
21061-bedAED 284K · Sep 2009

2107, Al Majara Tower 1 in numbers

  • Sold 3 times: first on 18 June 2008 for AED 2,300,000, last on 10 May 2020 for AED 1,450,000 (AED 1,083 per sqft).
  • Rented since October 2014 on 3 Ejari contracts, from AED 160,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2020 price is 7.6%, 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 10 May 2020.

Questions about 2107, Al Majara Tower 1

What did unit 2107 last sell for?

AED 1,450,000 on 10 May 2020: AED 1,083 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 2,300,000 in June 2008.

What is the rent for unit 2107?

AED 110,000 a year on the contract signed on 1 February 2019. The previous contract, from January 2016, was AED 150,000; the unit has been rented since October 2014.

How big is unit 2107?

1,338 sqft (124.3 sqm): a two-bedroom apartment on the 21st floor of a 28-storey tower completed in 2006.

What is unit 2107 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 2107, Al Majara Tower 1

Starts from the last sale price (AED 1.45M, 10 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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