2-bed · 1,338 sqftAl Majara Tower 1, Dubai Marina · 22nd floor · completed 2006

2207, Al Majara Tower 1

Sold prices and rental history: sold 4 times, last in December 2024, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2207 · DLD and Ejari recordsUpdated 13 December 2024
Last soldAED 2.78M13 December 2024
Current rentAED 128K /yr25 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2207, Al Majara Tower 1

What is 2207 worth today?

Last sold for AED 2,775,000 in 2024

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13 Dec 2024SoldReady
AED 2,775,000AED 2,074 per sqft
1 Jul 2019SoldReady
AED 700,000AED 523 per sqft
25 Jan 2018RentedNew contract
AED 128,000/yr12 months · AED 96 per sqft
20 Oct 2016RentedNew contract
AED 150,000/yr12 months · AED 112 per sqft
10 Jul 2014RentedNew contract
AED 165,000/yr12 months · AED 124 per sqft
17 Jan 2012SoldReady
AED 1,350,000AED 1,008 per sqft
14 Jun 2009Sold by developerReady
AED 1,400,000AED 1,046 per sqft

Source: Dubai Land Department. Updated 13 December 2024.

Key facts

Type
2-bed apartment
Size
1,338 sqft
Floor
22nd of 28
Parking
581
Developer
Emaar
Completed
2006
Service charge
AED 20,200 /yr
Last sold
AED 2.78M · December 2024

About 2207, Al Majara Tower 1

2207 is a two-bedroom apartment of 1,338 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 13 December 2024 for AED 2,775,000, or AED 2,074 per sqft, 15% above the AED 1,796 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 25 January 2018, is AED 128,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 20,200 a year.

Sales and rents for 2207 over time

Sales
Unit 2207, 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 2009: AED 1,400,000 (AED 1,046 per sqft)Sold, January 2012: AED 1,350,000 (AED 1,008 per sqft)Sold, July 2019: AED 700,000 (AED 523 per sqft)Sold, December 2024: AED 2,775,000 (AED 2,074 per sqft)

2207 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2207, 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, July 2014: AED 165,000 a yearNew contract, October 2016: AED 150,000 a yearNew contract, January 2018: AED 128,000 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 2207 sits

All 77 2-beds →

2207 last sold in December 2024 at AED 2,074 per sqft, 15% above what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,796). 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. 2207's AED 128,000 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 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
22061-bedAED 1.43M · Oct 2023

2207, Al Majara Tower 1 in numbers

  • Sold 4 times: first on 14 June 2009 for AED 1,400,000, last on 13 December 2024 for AED 2,775,000 (AED 2,074 per sqft).
  • Rented since July 2014 on 3 Ejari contracts, from AED 165,000 to AED 128,000 a year.
  • At AED 128,000 a year the gross yield on the 2024 price is 4.6%, 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 13 December 2024.

Questions about 2207, Al Majara Tower 1

What did unit 2207 last sell for?

AED 2,775,000 on 13 December 2024: AED 2,074 per sqft for 1,338 sqft. The unit has 4 registered sales; the first was AED 1,400,000 in June 2009.

What is the rent for unit 2207?

AED 128,000 a year on the contract signed on 25 January 2018. The previous contract, from October 2016, was AED 150,000; the unit has been rented since July 2014.

How big is unit 2207?

1,338 sqft (124.3 sqm): a two-bedroom apartment on the 22nd floor of a 28-storey tower completed in 2006.

What is unit 2207 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 2207, Al Majara Tower 1

Starts from the last sale price (AED 2.78M, 13 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,775,000
Deposit, UAE resident (20%)
AED 555,000
Deposit, non-resident (40%)
AED 1,110,000
Monthly over 25 years at 3.7%
AED 11,353

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