3-bed · 2,057 sqftAl Majara Tower 1, Dubai Marina · 23rd floor · completed 2006

2302, Al Majara Tower 1

Sold prices and rental history: sold twice, last in June 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 21 September 2026
Last soldAED 1.8M2 June 2008
Current rentAED 230K /yr21 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2302, Al Majara Tower 1

What is 2302 worth today?

Last sold for AED 1,801,000 in 2008

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21 Sep 2026RentedNew contract
AED 230,000/yr12 months · AED 112 per sqft
25 Mar 2025RentedRenewal
AED 322,000/yr12 months · AED 157 per sqft
25 Mar 2025RentedRenewal
AED 322,000/yr12 months · AED 157 per sqft
25 Mar 2024RentedNew contract
AED 280,000/yr12 months · AED 136 per sqft
25 Mar 2024RentedNew contract
AED 280,000/yr12 months · AED 136 per sqft
9 May 2022RentedNew contract
AED 285,000/yr24 months · AED 139 per sqft
20 Aug 2019RentedNew contract
AED 180,000/yr12 months · AED 88 per sqft
20 Jan 2019RentedRenewal
AED 215,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 21 September 2026.

Key facts

Type
3-bed apartment
Size
2,057 sqft
Floor
23rd of 28
Parking
207 , 208
Developer
Emaar
Completed
2006
Service charge
AED 31,100 /yr
Last sold
AED 1.8M · June 2008

About 2302, Al Majara Tower 1

2302 is a three-bedroom apartment of 2,057 sqft on the 23rd floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 2 June 2008 for AED 1,801,000, or AED 875 per sqft, 16% above the AED 756 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 21 September 2026, is AED 230,000 a year: a gross yield of 12.8% on the 2008 price, before the service charge of about AED 31,100 a year.

Sales and rents for 2302 over time

Sales
Unit 2302, each saleTypical three-bed in Al Majara Tower 1
2M4M2008201320182023Typical sale price by year: 2008 AED 1,739,750; 2009 AED 1,750,000; 2010 AED 1,427,222; 2011 AED 1,680,000; 2012 AED 2,550,000; 2013 AED 2,740,000; 2015 AED 3,300,000; 2016 AED 3,075,000; 2017 AED 1,430,000; 2019 AED 2,217,900; 2025 AED 4,250,000Sold by developer, June 2008: AED 1,801,000 (AED 875 per sqft)Sold, June 2008: AED 3,100,000 (AED 1,507 per sqft)

2302 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2302, each contractTypical three-bed in Al Majara Tower 1
200K300K2012201620202024Typical rent by year: 2012 AED 162,500; 2013 AED 171,625; 2014 AED 240,000; 2015 AED 245,000; 2016 AED 225,000; 2017 AED 222,500; 2018 AED 208,505; 2019 AED 175,000; 2020 AED 153,502; 2021 AED 155,000; 2022 AED 180,000; 2023 AED 200,000; 2024 AED 220,000; 2025 AED 230,000; 2026 AED 233,000New contract, June 2013: AED 215,000 a yearNew contract, July 2015: AED 205,000 a yearNew contract, January 2017: AED 215,000 a yearRenewal, January 2018: AED 215,000 a yearRenewal, January 2019: AED 215,000 a yearNew contract, August 2019: AED 180,000 a yearNew contract, May 2022: AED 285,000 a yearNew contract, March 2024: AED 280,000 a yearNew contract, March 2024: AED 280,000 a yearRenewal, March 2025: AED 322,000 a yearRenewal, March 2025: AED 322,000 a yearNew contract, September 2026: AED 230,000 a year

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 2302 sits

All 36 3-beds →

2302 last sold in June 2008 at AED 875 per sqft, 16% above what three-beds in Al Majara Tower 1 were fetching at the time (AED 756). 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. 2302's AED 230,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Aug 20264,600,000
22 Jul 20263,500,000
27 Oct 20254,250,000
14 Feb 20254,300,000
2 3-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 23rd floor

All 188 units in Al Majara Tower 1
Value
23011-bedAED 1.18M · Jun 2015
23032-bedAED 1.9M · Mar 2009
23042-bedAED 2.75M · Mar 2025
23051-bedAED 840K · Apr 2021
23061-bedAED 580K · Apr 2008
23072-bedAED 2.3M · Mar 2016

2302, Al Majara Tower 1 in numbers

  • Sold twice: first on 2 June 2008 for AED 3,100,000, last on 2 June 2008 for AED 1,801,000 (AED 875 per sqft).
  • Rented since June 2013 on 12 Ejari contracts. The rent fell from AED 215,000 to AED 180,000 in 2019 and recovered to AED 230,000 by September 2026.
  • At AED 230,000 a year the gross yield on the 2008 price is 12.8%, 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 21 September 2026.

Questions about 2302, Al Majara Tower 1

What did unit 2302 last sell for?

AED 1,801,000 on 2 June 2008, sold by the developer: AED 875 per sqft for 2,057 sqft. The unit has 2 registered sales; the first was AED 3,100,000 in June 2008.

What is the rent for unit 2302?

AED 230,000 a year on the contract signed on 21 September 2026. The previous contract, from March 2025, was AED 322,000; the unit has been rented since June 2013.

How big is unit 2302?

2,057 sqft (191.1 sqm): a three-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2006.

What is unit 2302 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 2302, Al Majara Tower 1

Starts from the last sale price (AED 1.8M, 2 June 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,801,000
Deposit, UAE resident (20%)
AED 360,200
Deposit, non-resident (40%)
AED 720,400
Monthly over 25 years at 3.7%
AED 7,368

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