2202, Al Majara Tower 1
Sold prices and rental history: sold 3 times, last in December 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2202, Al Majara Tower 1
What is 2202 worth today?
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Source: Dubai Land Department. Updated 29 December 2019.
Key facts
- Type
- 3-bed apartment
- Size
- 2,057 sqft
- Floor
- 22nd of 28
- Parking
- 206 , 209
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 31,100 /yr
- Last sold
- AED 2.23M · December 2019
- Building
- Al Majara Tower 1
About 2202, Al Majara Tower 1
2202 is a three-bedroom apartment of 2,057 sqft on the 22nd floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 29 December 2019 for AED 2,230,000, or AED 1,084 per sqft, in line with the AED 1,078 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 20 October 2019, is AED 175,000 a year: a gross yield of 7.8% on the 2019 price, before the service charge of about AED 31,100 a year.
Sales and rents for 2202 over time
2202 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Al Majara Tower 1, and where 2202 sits
All 36 3-beds →2202 last sold in December 2019 at AED 1,084 per sqft, in line with what three-beds in Al Majara Tower 1 were fetching at the time (AED 1,078). Over the last 12 months three-beds sold for AED 3,500,000 to 4,600,000, around AED 1,980 per sqft, and rent for AED 184,000 to 300,000 a year. 2202's AED 175,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 202624 August 2026 | 2,513 sqft | 4,600,000 | 1,830 | ||
| 22 Jul 202622 July 2026 | 1,643 sqft | 3,500,000 | 2,130 | ||
| 27 Oct 202527 October 2025 | 2,057 sqft | 4,250,000 | 2,066 | ||
| 14 Feb 202514 February 2025 | 2,057 sqft | 4,300,000 | 2,090 |
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 22nd floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 1-bed | 951 sqft | AED 1.13MAED 1,125,000 · Sep 2020September 2020 | 84,000 /yr | |
| 2203 | 2-bed | 1,591 sqft | AED 2.48MAED 2,475,000 · Oct 2013October 2013 | 108,796 /yr | |
| 2204 | 2-bed | 1,324 sqft | AED 2.8MAED 2,800,000 · Oct 2026October 2026 | 165,000 /yr | |
| 2205 | 1-bed | 929 sqft | AED 1.18MAED 1,175,000 · Oct 2021October 2021 | 105,000 /yr | |
| 2206 | 1-bed | 841 sqft | AED 1.43MAED 1,430,000 · Oct 2023October 2023 | 100,000 /yr | |
| 2207 | 2-bed | 1,338 sqft | AED 2.78MAED 2,775,000 · Dec 2024December 2024 | 128,000 /yr |
2202, Al Majara Tower 1 in numbers
- Sold 3 times: first on 12 March 2013 for AED 1,783,500, last on 29 December 2019 for AED 2,230,000 (AED 1,084 per sqft).
- Rented since July 2015 on 4 Ejari contracts, from AED 210,000 to AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2019 price is 7.8%, before a service charge of about AED 31,100 a year (AED 15.11 per sqft).
- Three-beds in Al Majara Tower 1 sold for AED 3,500,000–4,600,000 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 December 2019.
Questions about 2202, Al Majara Tower 1
What did unit 2202 last sell for?
AED 2,230,000 on 29 December 2019: AED 1,084 per sqft for 2,057 sqft. The unit has 3 registered sales; the first was AED 1,783,500 in March 2013.
What is the rent for unit 2202?
AED 175,000 a year on the contract signed on 20 October 2019. The previous contract, from October 2017, was AED 200,000; the unit has been rented since July 2015.
How big is unit 2202?
2,057 sqft (191.1 sqm): a three-bedroom apartment on the 22nd floor of a 28-storey tower completed in 2006.
What is unit 2202 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Majara Tower 1 sold for AED 3,500,000 to 4,600,000 in the last 12 months, around AED 1,980 per sqft.
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Mortgage on 2202, Al Majara Tower 1
Starts from the last sale price (AED 2.23M, 29 December 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,230,000
- Deposit, UAE resident (20%)
- AED 446,000
- Deposit, non-resident (40%)
- AED 892,000
- Monthly over 25 years at 3.7%
- AED 9,124
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →