2-bed · 1,338 sqftAl Majara Tower 1, Dubai Marina · 7th floor · completed 2006

707, Al Majara Tower 1

Sold prices and rental history: sold twice, last in July 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 5 December 2025
Last soldAED 750K22 July 2010
Current rentAED 150K /yr5 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Al Majara Tower 1

What is 707 worth today?

Last sold for AED 750,000 in 2010

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5 Dec 2025RentedNew contract
AED 150,000/yr12 months · AED 112 per sqft
25 Aug 2019RentedNew contract
AED 110,000/yr12 months · AED 82 per sqft
1 Nov 2017RentedNew contract
AED 135,000/yr12 months · AED 101 per sqft
6 Jul 2016RentedNew contract
AED 155,000/yr12 months · AED 116 per sqft
17 Mar 2015RentedNew contract
AED 175,000/yr12 months · AED 131 per sqft
17 Mar 2014RentedNew contract
AED 175,000/yr12 months · AED 131 per sqft
22 Jul 2010SoldReady
AED 750,000AED 560 per sqft
15 Jul 2008Sold by developerReady
AED 845,000AED 631 per sqft

Source: Dubai Land Department. Updated 5 December 2025.

Key facts

Type
2-bed apartment
Size
1,338 sqft
Floor
7th of 28
Parking
29
Developer
Emaar
Completed
2006
Service charge
AED 20,200 /yr
Last sold
AED 750K · July 2010

About 707, Al Majara Tower 1

707 is a two-bedroom apartment of 1,338 sqft on the 7th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 22 July 2010 for AED 750,000, or AED 560 per sqft, 10% below the AED 623 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 5 December 2025, is AED 150,000 a year: a gross yield of 20.0% on the 2010 price, before the service charge of about AED 20,200 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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 2008: AED 845,000 (AED 631 per sqft)Sold, July 2010: AED 750,000 (AED 560 per sqft)

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

Rents
Unit 707, 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, March 2014: AED 175,000 a yearNew contract, March 2015: AED 175,000 a yearNew contract, July 2016: AED 155,000 a yearNew contract, November 2017: AED 135,000 a yearNew contract, August 2019: AED 110,000 a yearNew contract, December 2025: AED 150,000 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 707 sits

All 77 2-beds →

707 last sold in July 2010 at AED 560 per sqft, 10% below what two-beds in Al Majara Tower 1 were fetching at the time (AED 623). 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. 707's AED 150,000 is in the lower half 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 7th floor

All 188 units in Al Majara Tower 1
Value
7011-bedAED 630K · Sep 2011
7023-bedAED 1.36M · Oct 2008
7032-bedAED 2.9M · Dec 2025
7042-bedAED 2.05M · Apr 2013
7051-bedAED 600K · Jun 2009
7061-bedAED 800K · Sep 2010

707, Al Majara Tower 1 in numbers

  • Sold twice: first on 15 July 2008 for AED 845,000, last on 22 July 2010 for AED 750,000 (AED 560 per sqft).
  • Rented since March 2014 on 6 Ejari contracts. The rent fell from AED 175,000 to AED 110,000 in 2019 and recovered to AED 150,000 by December 2025.
  • At AED 150,000 a year the gross yield on the 2010 price is 20.0%, 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 5 December 2025.

Questions about 707, Al Majara Tower 1

What did unit 707 last sell for?

AED 750,000 on 22 July 2010: AED 560 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 845,000 in July 2008.

What is the rent for unit 707?

AED 150,000 a year on the contract signed on 5 December 2025. The previous contract, from August 2019, was AED 110,000; the unit has been rented since March 2014.

How big is unit 707?

1,338 sqft (124.3 sqm): a two-bedroom apartment on the 7th floor of a 28-storey tower completed in 2006.

What is unit 707 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 707, Al Majara Tower 1

Starts from the last sale price (AED 750K, 22 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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