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2-bed · 1,338 sqftAl Majara Tower 1, Dubai Marina · 5th floor · completed 2006

507, Al Majara Tower 1

Sold prices and rental history: sold 3 times, last in June 2023, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 25 June 2026
Last soldAED 2.2M20 June 2023
Current rentAED 280K /yr25 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 507, Al Majara Tower 1

What is 507 worth today?

Last sold for AED 2,200,000 in 2023

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25 Jun 2026RentedNew contract
AED 280,000/yr12 months · AED 210 per sqft
20 Jun 2023SoldReady
AED 2,200,000AED 1,644 per sqft
24 Apr 2008Sold by developerReady
AED 829,000AED 619 per sqft
24 Apr 2008SoldReady
AED 1,989,000AED 1,486 per sqft

Source: Dubai Land Department. Updated 25 June 2026.

Key facts

Type
2-bed apartment
Size
1,338 sqft
Floor
5th of 28
Parking
700
Developer
Emaar
Completed
2006
Service charge
AED 20,200 /yr
Last sold
AED 2.2M · June 2023
Building
Al Majara Tower 1

About 507, Al Majara Tower 1

507 is a two-bedroom apartment of 1,338 sqft on the 5th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 20 June 2023 for AED 2,200,000, or AED 1,644 per sqft, 25% above the AED 1,319 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 June 2026. The current contract, signed on 25 June 2026, is AED 280,000 a year: a gross yield of 12.7% on the 2023 price, before the service charge of about AED 20,200 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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, April 2008: AED 829,000 (AED 619 per sqft)Sold, April 2008: AED 1,989,000 (AED 1,486 per sqft)Sold, June 2023: AED 2,200,000 (AED 1,644 per sqft)

507 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 507, each contractTypical two-bed in Al Majara Tower 1
100K200K300K2012201620202024Typical 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, June 2026: AED 280,000 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 507 sits

All 77 2-beds →

507 last sold in June 2023 at AED 1,644 per sqft, 25% above what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,319). 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. 507's AED 280,000 is at the top 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 5th floor

All 188 units in Al Majara Tower 1
Value
5011-bedAED 614K · Sep 2008
5023-bedAED 3M · Mar 2023
5032-bedAED 1.23M · May 2008
5042-bedAED 1.71M · Jun 2022
5051-bedAED 584K · Mar 2010
5061-bedAED 472K · Mar 2013

507, Al Majara Tower 1 in numbers

  • Sold 3 times: first on 24 April 2008 for AED 1,989,000, last on 20 June 2023 for AED 2,200,000 (AED 1,644 per sqft).
  • Rented since June 2026 on one Ejari contract, at AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2023 price is 12.7%, 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 25 June 2026.

Questions about 507, Al Majara Tower 1

What did unit 507 last sell for?

AED 2,200,000 on 20 June 2023: AED 1,644 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 1,989,000 in April 2008.

What is the rent for unit 507?

AED 280,000 a year on the contract signed on 25 June 2026.

How big is unit 507?

1,338 sqft (124.3 sqm): a two-bedroom apartment on the 5th floor of a 28-storey tower completed in 2006.

What is unit 507 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 507, Al Majara Tower 1

Starts from the last sale price (AED 2.2M, 20 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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