1-bed · 841 sqftAl Majara Tower 1, Dubai Marina · 22nd floor · completed 2006

2206, Al Majara Tower 1

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2206 · DLD and Ejari recordsUpdated 24 December 2024
Last soldAED 1.43M3 October 2023
Current rentAED 100K /yr24 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2206, Al Majara Tower 1

What is 2206 worth today?

Last sold for AED 1,430,000 in 2023

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24 Dec 2024RentedRenewal
AED 100,000/yr12 months · AED 119 per sqft
3 Oct 2023SoldReady
AED 1,430,000AED 1,700 per sqft
27 Sep 2023RentedNew contract
AED 97,000/yr12 months · AED 116 per sqft
25 Sep 2022RentedNew contract
AED 93,000/yr12 months · AED 111 per sqft
1 Jul 2021RentedRenewal
AED 73,500/yr12 months · AED 88 per sqft
1 Jul 2020RentedNew contract
AED 70,000/yr12 months · AED 83 per sqft
26 Sep 2019RentedRenewal
AED 100,000/yr12 months · AED 119 per sqft
26 Sep 2018RentedRenewal
AED 106,000/yr12 months · AED 126 per sqft

Source: Dubai Land Department. Updated 24 December 2024.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
22nd of 28
Parking
582
Developer
Emaar
Completed
2006
Service charge
AED 12,700 /yr
Last sold
AED 1.43M · October 2023

About 2206, Al Majara Tower 1

2206 is a one-bedroom apartment of 841 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 3 October 2023 for AED 1,430,000, or AED 1,700 per sqft, 5% above the AED 1,622 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 24 December 2024, is AED 100,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2206 over time

Sales
Unit 2206, each saleTypical one-bed in Al Majara Tower 1
1M2M2008201320182023Typical sale price by year: 2008 AED 757,368; 2009 AED 474,000; 2010 AED 650,500; 2011 AED 734,750; 2012 AED 875,000; 2013 AED 1,175,000; 2014 AED 1,537,500; 2015 AED 1,200,000; 2016 AED 1,275,000; 2017 AED 1,500,000; 2018 AED 1,450,000; 2020 AED 800,000; 2021 AED 956,500; 2022 AED 1,262,500; 2023 AED 1,500,000; 2024 AED 1,567,500; 2025 AED 1,857,500; 2026 AED 1,900,000Sold by developer, May 2008: AED 764,735 (AED 909 per sqft)Sold, February 2017: AED 1,405,000 (AED 1,670 per sqft)Sold, October 2023: AED 1,430,000 (AED 1,700 per sqft)

2206 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2206, each contractTypical one-bed in Al Majara Tower 1
75K100K2012201620202024Typical rent by year: 2012 AED 81,000; 2013 AED 87,500; 2014 AED 100,000; 2015 AED 115,000; 2016 AED 111,151; 2017 AED 110,000; 2018 AED 95,000; 2019 AED 90,000; 2020 AED 70,000; 2021 AED 72,000; 2022 AED 80,300; 2023 AED 93,000; 2024 AED 104,500; 2025 AED 102,000; 2026 AED 100,000New contract, July 2013: AED 90,000 a yearNew contract, July 2013: AED 90,000 a yearNew contract, July 2015: AED 94,500 a yearNew contract, September 2016: AED 108,000 a yearNew contract, September 2017: AED 112,000 a yearRenewal, September 2018: AED 106,000 a yearRenewal, September 2019: AED 100,000 a yearNew contract, July 2020: AED 70,000 a yearRenewal, July 2021: AED 73,500 a yearNew contract, September 2022: AED 93,000 a yearNew contract, September 2023: AED 97,000 a yearRenewal, December 2024: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Majara Tower 1, and where 2206 sits

All 75 1-beds →

2206 last sold in October 2023 at AED 1,700 per sqft, 5% above what one-beds in Al Majara Tower 1 were fetching at the time (AED 1,622). Over the last 12 months one-beds sold for AED 1,620,000 to 2,350,000, around AED 2,045 per sqft, and rent for AED 70,000 to 150,000 a year. 2206's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Sep 20261,675,000
3 Aug 20261,620,000
15 Jul 20262,350,000
22 Jun 20262,000,000
5 1-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 22nd floor

All 188 units in Al Majara Tower 1
Value
22011-bedAED 1.13M · Sep 2020
22023-bedAED 2.23M · Dec 2019
22032-bedAED 2.48M · Oct 2013
22042-bedAED 2.8M · Oct 2026
22051-bedAED 1.18M · Oct 2021
22072-bedAED 2.78M · Dec 2024

2206, Al Majara Tower 1 in numbers

  • Sold 3 times: first on 28 May 2008 for AED 764,735, last on 3 October 2023 for AED 1,430,000 (AED 1,700 per sqft).
  • Rented since July 2013 on 12 Ejari contracts. The rent fell from AED 90,000 to AED 70,000 in 2020 and recovered to AED 100,000 by December 2024.
  • At AED 100,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 12,700 a year (AED 15.11 per sqft).
  • One-beds in Al Majara Tower 1 sold for AED 1,620,000–2,350,000 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 24 December 2024.

Questions about 2206, Al Majara Tower 1

What did unit 2206 last sell for?

AED 1,430,000 on 3 October 2023: AED 1,700 per sqft for 841 sqft. The unit has 3 registered sales; the first was AED 764,735 in May 2008.

What is the rent for unit 2206?

AED 100,000 a year on the contract renewed on 24 December 2024. The previous contract, from September 2023, was AED 97,000; the unit has been rented since July 2013.

How big is unit 2206?

841 sqft (78.1 sqm): a one-bedroom apartment on the 22nd floor of a 28-storey tower completed in 2006.

What is unit 2206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Majara Tower 1 sold for AED 1,620,000 to 2,350,000 in the last 12 months, around AED 2,045 per sqft.

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Mortgage on 2206, Al Majara Tower 1

Starts from the last sale price (AED 1.43M, 3 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,430,000
Deposit, UAE resident (20%)
AED 286,000
Deposit, non-resident (40%)
AED 572,000
Monthly over 25 years at 3.7%
AED 5,851

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