2304, Al Majara Tower 1
Sold prices and rental history: sold 4 times, last in March 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2304, Al Majara Tower 1
What is 2304 worth today?
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Source: Dubai Land Department. Updated 25 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,324 sqft
- Floor
- 23rd of 28
- Parking
- 530
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,000 /yr
- Last sold
- AED 2.75M · March 2025
- Building
- Al Majara Tower 1
About 2304, Al Majara Tower 1
2304 is a two-bedroom apartment of 1,324 sqft on the 23rd floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 25 March 2025 for AED 2,750,000, or AED 2,077 per sqft, 14% above the AED 1,826 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 April 2024, is AED 165,000 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 20,000 a year.
Sales and rents for 2304 over time
2304 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 2304 sits
All 77 2-beds →2304 last sold in March 2025 at AED 2,077 per sqft, 14% above what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,826). 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. 2304's AED 165,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 1,324 sqft | 2,800,000 | 2,114 | ||
| 13 Jul 202613 July 2026 | 1,338 sqft | 2,043,546 | 1,527 | ||
| 4 Jun 20264 June 2026 | 1,338 sqft | 2,450,000 | 1,831 | ||
| 1 May 20261 May 2026 | 1,338 sqft | 3,050,000 | 2,279 |
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 23rd floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 1-bed | 951 sqft | AED 1.18MAED 1,180,000 · Jun 2015June 2015 | 140,000 /yr | |
| 2302 | 3-bed | 2,057 sqft | AED 3.1MAED 3,100,000 · Jun 2008June 2008 | 230,000 /yr | |
| 2303 | 2-bed | 1,591 sqft | AED 1.9MAED 1,903,674 · Mar 2009March 2009 | 200,000 /yr | |
| 2305 | 1-bed | 929 sqft | AED 840KAED 840,000 · Apr 2021April 2021 | 93,000 /yr | |
| 2306 | 1-bed | 841 sqft | AED 580KAED 580,000 · Apr 2008April 2008 | 66,000 /yr | |
| 2307 | 2-bed | 1,338 sqft | AED 2.3MAED 2,300,000 · Mar 2016March 2016 |
2304, Al Majara Tower 1 in numbers
- Sold 4 times: first on 7 December 2009 for AED 1,350,000, last on 25 March 2025 for AED 2,750,000 (AED 2,077 per sqft).
- Rented since March 2014 on 4 Ejari contracts, from AED 143,077 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2025 price is 6.0%, before a service charge of about AED 20,000 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 25 March 2025.
Questions about 2304, Al Majara Tower 1
What did unit 2304 last sell for?
AED 2,750,000 on 25 March 2025: AED 2,077 per sqft for 1,324 sqft. The unit has 4 registered sales; the first was AED 1,350,000 in December 2009.
What is the rent for unit 2304?
AED 165,000 a year on the contract signed on 1 April 2024. The previous contract, from April 2024, was AED 165,000; the unit has been rented since March 2014.
How big is unit 2304?
1,324 sqft (123.0 sqm): a two-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2006.
What is unit 2304 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 2304, Al Majara Tower 1
Starts from the last sale price (AED 2.75M, 25 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,750,000
- Deposit, UAE resident (20%)
- AED 550,000
- Deposit, non-resident (40%)
- AED 1,100,000
- Monthly over 25 years at 3.7%
- AED 11,251
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →