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2-bed · 1,324 sqftAl Majara Tower 1, Dubai Marina · 25th floor · completed 2006

2504, Al Majara Tower 1

Sold prices and rental history: sold 5 times, last in November 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2504 · DLD and Ejari recordsUpdated 14 November 2017
Last soldAED 1.87M14 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2504, Al Majara Tower 1

What is 2504 worth today?

Last sold for AED 1,870,000 in 2017

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14 Nov 2017SoldReady
AED 1,870,000AED 1,412 per sqft
29 May 2013SoldReady
AED 1,900,000AED 1,435 per sqft
18 Dec 2008SoldReady
AED 2,300,000AED 1,737 per sqft
10 Jun 2008Sold by developerReady
AED 1,100,000AED 830 per sqft
10 Jun 2008SoldReady
AED 2,110,000AED 1,593 per sqft

Source: Dubai Land Department. Updated 14 November 2017.

Key facts

Type
2-bed apartment
Size
1,324 sqft
Floor
25th of 28
Parking
66
Developer
Emaar
Completed
2006
Service charge
AED 20,000 /yr
Last sold
AED 1.87M · November 2017
Building
Al Majara Tower 1

About 2504, Al Majara Tower 1

2504 is a two-bedroom apartment of 1,324 sqft on the 25th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 14 November 2017 for AED 1,870,000, or AED 1,412 per sqft, in line with the AED 1,405 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2504 over time

Sales
Unit 2504, 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 2008: AED 1,100,000 (AED 830 per sqft)Sold, June 2008: AED 2,110,000 (AED 1,593 per sqft)Sold, December 2008: AED 2,300,000 (AED 1,737 per sqft)Sold, May 2013: AED 1,900,000 (AED 1,435 per sqft)Sold, November 2017: AED 1,870,000 (AED 1,412 per sqft)

2504 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2504, 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 140,000

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 2504 sits

All 77 2-beds →

2504 last sold in November 2017 at AED 1,412 per sqft, in line with what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,405). 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.

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 25th floor

All 188 units in Al Majara Tower 1
Value
25011-bedAED 2.35M · Jul 2026
25023-bedAED 1.97M · Apr 2013
25032-bedAED 2.55M · Mar 2018
25051-bedAED 1.65M · Feb 2023
25061-bedAED 1.5M · Nov 2010
25072-bedAED 1.15M · Feb 2020

2504, Al Majara Tower 1 in numbers

  • Sold 5 times: first on 10 June 2008 for AED 2,110,000, last on 14 November 2017 for AED 1,870,000 (AED 1,412 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 14 November 2017.

Questions about 2504, Al Majara Tower 1

What did unit 2504 last sell for?

AED 1,870,000 on 14 November 2017: AED 1,412 per sqft for 1,324 sqft. The unit has 5 registered sales; the first was AED 2,110,000 in June 2008.

How big is unit 2504?

1,324 sqft (123.0 sqm): a two-bedroom apartment on the 25th floor of a 28-storey tower completed in 2006.

What is unit 2504 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 2504, Al Majara Tower 1

Starts from the last sale price (AED 1.87M, 14 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,870,000
Deposit, UAE resident (20%)
AED 374,000
Deposit, non-resident (40%)
AED 748,000
Monthly over 25 years at 3.7%
AED 7,651

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