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2-bed · 1,324 sqftAl Majara Tower 1, Dubai Marina · 24th floor · completed 2006

2404, Al Majara Tower 1

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 9 January 2026
Last soldAED 1.09M25 July 2013
Current rentAED 20K /yr9 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2404, Al Majara Tower 1

What is 2404 worth today?

Last sold for AED 1,090,000 in 2013

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9 Jan 2026RentedNew contract · flagged as an outlier
AED 20,000/yr12 months · AED 15 per sqft
18 Feb 2022RentedNew contract
AED 115,000/yr12 months · AED 87 per sqft
25 Jan 2020RentedNew contract
AED 105,000/yr12 months · AED 79 per sqft
6 Jun 2018RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
15 Dec 2015RentedNew contract
AED 147,000/yr12 months · AED 111 per sqft
20 May 2014RentedNew contract
AED 160,000/yr12 months · AED 121 per sqft
25 Jul 2013Sold by developerReady
AED 1,090,000AED 823 per sqft
20 May 2013RentedNew contract
AED 140,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 9 January 2026.

Key facts

Type
2-bed apartment
Size
1,324 sqft
Floor
24th of 28
Parking
522
Developer
Emaar
Completed
2006
Service charge
AED 20,000 /yr
Last sold
AED 1.09M · July 2013
Building
Al Majara Tower 1

About 2404, Al Majara Tower 1

2404 is a two-bedroom apartment of 1,324 sqft on the 24th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 25 July 2013 for AED 1,090,000, or AED 823 per sqft, 34% below the AED 1,251 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 9 January 2026, is AED 20,000 a year: a gross yield of 1.8% on the 2013 price, before the service charge of about AED 20,000 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, 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, July 2013: AED 1,090,000 (AED 823 per sqft)

2404 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2404, 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, May 2013: AED 140,000 a yearNew contract, May 2014: AED 160,000 a yearNew contract, December 2015: AED 147,000 a yearNew contract, June 2018: AED 120,000 a yearNew contract, January 2020: AED 105,000 a yearNew contract, February 2022: AED 115,000 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 2404 sits

All 77 2-beds →

2404 last sold in July 2013 at AED 823 per sqft, 34% below what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,251). 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. 2404's AED 20,000 is at the bottom 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 24th floor

All 188 units in Al Majara Tower 1
Value
24011-bedAED 1.8M · Sep 2017
24023-bedAED 1.97M · Jul 2016
24032-bedAED 2.6M · Jun 2018
24051-bedAED 368K · Jun 2010
24061-bedAED 293K · May 2010
24072-bedAED 3.05M · May 2026

2404, Al Majara Tower 1 in numbers

  • Sold once: by Emaar on 25 July 2013 for AED 1,090,000, or AED 823 per sqft.
  • Rented since May 2013 on 7 Ejari contracts, from AED 140,000 to AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2013 price is 1.8%, 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 9 January 2026.

Questions about 2404, Al Majara Tower 1

What did unit 2404 last sell for?

AED 1,090,000 on 25 July 2013, sold by the developer: AED 823 per sqft for 1,324 sqft. It is the only registered sale of the unit.

What is the rent for unit 2404?

AED 20,000 a year on the contract signed on 9 January 2026. The previous contract, from February 2022, was AED 115,000; the unit has been rented since May 2013.

How big is unit 2404?

1,324 sqft (123.0 sqm): a two-bedroom apartment on the 24th floor of a 28-storey tower completed in 2006.

What is unit 2404 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 2404, Al Majara Tower 1

Starts from the last sale price (AED 1.09M, 25 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,090,000
Deposit, UAE resident (20%)
AED 218,000
Deposit, non-resident (40%)
AED 436,000
Monthly over 25 years at 3.7%
AED 4,460

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