2407, Al Majara Tower 1
Sold prices and rental history: sold twice, last in May 2026, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2407, Al Majara Tower 1
What is 2407 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,338 sqft
- Floor
- 24th of 28
- Parking
- 519
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,200 /yr
- Last sold
- AED 3.05M · May 2026
- Building
- Al Majara Tower 1
About 2407, Al Majara Tower 1
2407 is a two-bedroom apartment of 1,338 sqft on the 24th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 1 May 2026 for AED 3,050,000, or AED 2,279 per sqft, 20% above the AED 1,903 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, renewed on 23 January 2026, is AED 160,000 a year: a gross yield of 5.3% on the 2026 price, before the service charge of about AED 20,200 a year.
Sales and rents for 2407 over time
2407 has sold twice; 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 2407 sits
All 77 2-beds →2407 last sold in May 2026 at AED 2,279 per sqft, 20% above what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,903). 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. 2407's AED 160,000 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 | ||
| 17 Dec 202517 December 2025 | 1,591 sqft | 2,900,000 | 1,822 |
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 24th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 1-bed | 951 sqft | AED 1.8MAED 1,800,000 · Sep 2017September 2017 | 112,000 /yr | |
| 2402 | 3-bed | 2,057 sqft | AED 1.97MAED 1,970,000 · Jul 2016July 2016 | 215,000 /yr | |
| 2403 | 2-bed | 1,591 sqft | AED 2.6MAED 2,600,000 · Jun 2018June 2018 | 152,911 /yr | |
| 2404 | 2-bed | 1,324 sqft | AED 1.09MAED 1,090,000 · Jul 2013July 2013 | 20,000 /yr | |
| 2405 | 1-bed | 929 sqft | AED 368KAED 368,000 · Jun 2010June 2010 | ||
| 2406 | 1-bed | 841 sqft | AED 293KAED 293,000 · May 2010May 2010 |
2407, Al Majara Tower 1 in numbers
- Sold twice: first on 29 April 2008 for AED 1,455,000, last on 1 May 2026 for AED 3,050,000 (AED 2,279 per sqft).
- Rented since December 2017 on 11 Ejari contracts. The rent fell from AED 155,000 to AED 93,000 in 2020 and recovered to AED 160,000 by January 2026.
- At AED 160,000 a year the gross yield on the 2026 price is 5.3%, 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 1 May 2026.
Questions about 2407, Al Majara Tower 1
What did unit 2407 last sell for?
AED 3,050,000 on 1 May 2026: AED 2,279 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 1,455,000 in April 2008.
What is the rent for unit 2407?
AED 160,000 a year on the contract renewed on 23 January 2026. The previous contract, from January 2025, was AED 160,000; the unit has been rented since December 2017.
How big is unit 2407?
1,338 sqft (124.3 sqm): a two-bedroom apartment on the 24th floor of a 28-storey tower completed in 2006.
What is unit 2407 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 2407, Al Majara Tower 1
Starts from the last sale price (AED 3.05M, 1 May 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 3,050,000
- Deposit, UAE resident (20%)
- AED 610,000
- Deposit, non-resident (40%)
- AED 1,220,000
- Monthly over 25 years at 3.7%
- AED 12,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →