807, Al Majara Tower 1
Sold prices and rental history: sold 3 times, last in January 2024, 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 807, Al Majara Tower 1
What is 807 worth today?
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Source: Dubai Land Department. Updated 12 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,338 sqft
- Floor
- 8th of 28
- Parking
- 23
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,200 /yr
- Last sold
- AED 2.15M · January 2024
- Building
- Al Majara Tower 1
About 807, Al Majara Tower 1
807 is a two-bedroom apartment of 1,338 sqft on the 8th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 15 January 2024 for AED 2,150,000, or AED 1,606 per sqft, 4% above the AED 1,549 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 12 June 2024, is AED 129,782 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 20,200 a year.
Sales and rents for 807 over time
807 has sold 3 times; 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 807 sits
All 77 2-beds →807 last sold in January 2024 at AED 1,606 per sqft, 4% above what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,549). 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. 807's AED 129,782 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 8th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 951 sqft | AED 1.5MAED 1,500,000 · Dec 2017December 2017 | 105,000 /yr | |
| 802 | 3-bed | 2,057 sqft | AED 3.57MAED 3,570,000 · Sep 2024September 2024 | ||
| 803 | 2-bed | 1,591 sqft | AED 549KAED 548,500 · Dec 2009December 2009 | 110,250 /yr | |
| 804 | 2-bed | 1,324 sqft | AED 2.98MAED 2,975,000 · Oct 2025October 2025 | 110,000 /yr | |
| 805 | 1-bed | 929 sqft | AED 1.5MAED 1,500,000 · Jul 2023July 2023 | 90,000 /yr | |
| 806 | 1-bed | 841 sqft | AED 1.3MAED 1,300,000 · Dec 2014December 2014 | 110,000 /yr |
807, Al Majara Tower 1 in numbers
- Sold 3 times: first on 24 December 2008 for AED 2,000,000, last on 15 January 2024 for AED 2,150,000 (AED 1,606 per sqft).
- Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 125,000 to AED 75,000 in 2021 and recovered to AED 129,782 by June 2024.
- At AED 129,782 a year the gross yield on the 2024 price is 6.0%, 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 12 June 2024.
Questions about 807, Al Majara Tower 1
What did unit 807 last sell for?
AED 2,150,000 on 15 January 2024: AED 1,606 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 2,000,000 in December 2008.
What is the rent for unit 807?
AED 129,782 a year on the contract signed on 12 June 2024. The previous contract, from June 2024, was AED 129,782; the unit has been rented since September 2013.
How big is unit 807?
1,338 sqft (124.3 sqm): a two-bedroom apartment on the 8th floor of a 28-storey tower completed in 2006.
What is unit 807 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 807, Al Majara Tower 1
Starts from the last sale price (AED 2.15M, 15 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,150,000
- Deposit, UAE resident (20%)
- AED 430,000
- Deposit, non-resident (40%)
- AED 860,000
- Monthly over 25 years at 3.7%
- AED 8,796
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →