2603, Al Majara Tower 1
Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2603, Al Majara Tower 1
What is 2603 worth today?
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Source: Dubai Land Department. Updated 18 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,447 sqft
- Floor
- 26th of 28
- Parking
- 62
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 21,900 /yr
- Last sold
- AED 1.23M · July 2008
- Building
- Al Majara Tower 1
About 2603, Al Majara Tower 1
2603 is a two-bedroom apartment of 1,447 sqft on the 26th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 9 July 2008 for AED 1,225,000, or AED 846 per sqft, 10% below the AED 942 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 18 May 2026, is AED 150,000 a year: a gross yield of 12.2% on the 2008 price, before the service charge of about AED 21,900 a year.
Sales and rents for 2603 over time
2603 has sold once; 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 2603 sits
All 77 2-beds →2603 last sold in July 2008 at AED 846 per sqft, 10% below what two-beds in Al Majara Tower 1 were fetching at the time (AED 942). 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. 2603's AED 150,000 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 26th floor
All 188 units in Al Majara Tower 12603, Al Majara Tower 1 in numbers
- Sold once: by Emaar on 9 July 2008 for AED 1,225,000, or AED 846 per sqft.
- Rented since April 2013 on 11 Ejari contracts. The rent fell from AED 137,348 to AED 32,500 in 2023 and recovered to AED 150,000 by May 2026.
- At AED 150,000 a year the gross yield on the 2008 price is 12.2%, before a service charge of about AED 21,900 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 18 May 2026.
Questions about 2603, Al Majara Tower 1
What did unit 2603 last sell for?
AED 1,225,000 on 9 July 2008, sold by the developer: AED 846 per sqft for 1,447 sqft. It is the only registered sale of the unit.
What is the rent for unit 2603?
AED 150,000 a year on the contract renewed on 18 May 2026. The previous contract, from May 2025, was AED 160,000; the unit has been rented since April 2013.
How big is unit 2603?
1,447 sqft (134.4 sqm): a two-bedroom apartment on the 26th floor of a 28-storey tower completed in 2006.
What is unit 2603 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 2603, Al Majara Tower 1
Starts from the last sale price (AED 1.23M, 9 July 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,225,000
- Deposit, UAE resident (20%)
- AED 245,000
- Deposit, non-resident (40%)
- AED 490,000
- Monthly over 25 years at 3.7%
- AED 5,012
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →