2-bed · 1,324 sqftAl Majara Tower 1, Dubai Marina · 9th floor · completed 2006

904, Al Majara Tower 1

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 904 · DLD and Ejari recordsUpdated 9 October 2024
Last soldAED 2.55M9 October 2024
Current rentAED 176K /yr6 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 904, Al Majara Tower 1

What is 904 worth today?

Last sold for AED 2,550,000 in 2024

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9 Oct 2024SoldReady
AED 2,550,000AED 1,926 per sqft
6 May 2023RentedRenewal
AED 176,000/yr12 months · AED 133 per sqft
6 May 2022RentedNew contract
AED 154,000/yr12 months · AED 116 per sqft
25 Mar 2021RentedNew contract
AED 115,000/yr12 months · AED 87 per sqft
15 Oct 2019RentedRenewal
AED 125,000/yr12 months · AED 94 per sqft
15 Oct 2018RentedNew contract
AED 147,000/yr12 months · AED 111 per sqft
15 Apr 2015RentedNew contract
AED 170,000/yr12 months · AED 128 per sqft
28 Jan 2015SoldReady
AED 2,200,000AED 1,661 per sqft

Source: Dubai Land Department. Updated 9 October 2024.

Key facts

Type
2-bed apartment
Size
1,324 sqft
Floor
9th of 28
Parking
20
Developer
Emaar
Completed
2006
Service charge
AED 20,000 /yr
Last sold
AED 2.55M · October 2024

About 904, Al Majara Tower 1

904 is a two-bedroom apartment of 1,324 sqft on the 9th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 9 October 2024 for AED 2,550,000, or AED 1,926 per sqft, 11% above the AED 1,739 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 6 May 2023, is AED 176,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 20,000 a year.

Sales and rents for 904 over time

Sales
Unit 904, 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, May 2010: AED 825,000 (AED 623 per sqft)Sold, January 2015: AED 2,200,000 (AED 1,661 per sqft)Sold, October 2024: AED 2,550,000 (AED 1,926 per sqft)

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

Rents
Unit 904, 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, December 2012: AED 110,000 a yearNew contract, December 2013: AED 135,000 a yearNew contract, April 2015: AED 170,000 a yearNew contract, October 2018: AED 147,000 a yearRenewal, October 2019: AED 125,000 a yearNew contract, March 2021: AED 115,000 a yearNew contract, May 2022: AED 154,000 a yearRenewal, May 2023: AED 176,000 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 904 sits

All 77 2-beds →

904 last sold in October 2024 at AED 1,926 per sqft, 11% above what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,739). 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. 904's AED 176,000 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 9th floor

All 188 units in Al Majara Tower 1
Value
9011-bedAED 1.8M · Aug 2013
9023-bedAED 1.41M · Mar 2017
9032-bedAED 2.9M · Apr 2025
9051-bedAED 1.63M · Oct 2025
9061-bedAED 840K · Apr 2012
9072-bedAED 2.55M · Jun 2025

904, Al Majara Tower 1 in numbers

  • Sold 3 times: first on 19 May 2010 for AED 825,000, last on 9 October 2024 for AED 2,550,000 (AED 1,926 per sqft).
  • Rented since December 2012 on 8 Ejari contracts, from AED 110,000 to AED 176,000 a year.
  • At AED 176,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 20,000 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 9 October 2024.

Questions about 904, Al Majara Tower 1

What did unit 904 last sell for?

AED 2,550,000 on 9 October 2024: AED 1,926 per sqft for 1,324 sqft. The unit has 3 registered sales; the first was AED 825,000 in May 2010.

What is the rent for unit 904?

AED 176,000 a year on the contract renewed on 6 May 2023. The previous contract, from May 2022, was AED 154,000; the unit has been rented since December 2012.

How big is unit 904?

1,324 sqft (123.0 sqm): a two-bedroom apartment on the 9th floor of a 28-storey tower completed in 2006.

What is unit 904 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 904, Al Majara Tower 1

Starts from the last sale price (AED 2.55M, 9 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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