1001, Al Majara Tower 2
Sold prices and rental history: sold 3 times, last in February 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Al Majara Tower 2
What is 1001 worth today?
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Source: Dubai Land Department. Updated 22 February 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 971 sqft
- Floor
- 10th of 31
- Parking
- 506
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,700 /yr
- Last sold
- AED 1.37M · February 2022
- Building
- Al Majara Tower 2
About 1001, Al Majara Tower 2
1001 is a one-bedroom apartment of 971 sqft on the 10th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 22 February 2022 for AED 1,370,000, or AED 1,410 per sqft, 6% above the AED 1,331 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 28 July 2020, is AED 75,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 14,700 a year.
Sales and rents for 1001 over time
1001 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Majara Tower 2, and where 1001 sits
All 149 1-beds →1001 last sold in February 2022 at AED 1,410 per sqft, 6% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,331). Over the last 12 months one-beds sold for AED 1,400,000 to 2,125,000, around AED 1,990 per sqft, and rent for AED 65,000 to 140,000 a year. 1001's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 842 sqft | 1,425,000 | 1,692 | ||
| 11 Sep 202611 September 2026 | 841 sqft | 2,110,000 | 2,508 | ||
| 21 Jul 202621 July 2026 | 841 sqft | 1,700,000 | 2,021 | ||
| 21 May 202621 May 2026 | 842 sqft | 1,400,000 | 1,662 |
Al Majara Tower 2
Building246 apartments, 1-bed to 3-bed over 31 floors in Dubai Marina, completed in 2006 by Emaar. 15 sold in the last 12 months.
- Typical price per sqft
- AED 2,166 Up 5.0%
- Typical sale
- AED 2.13M
- Typical rent
- AED 120K /yr
- Typical yield
- 5.3%
Other units on the 10th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 2-bed | 1,579 sqft | AED 3.7MAED 3,700,000 · Jun 2026June 2026 | 194,234 /yr | |
| 1003 | 1-bed | 974 sqft | AED 373KAED 372,900 · Nov 2011November 2011 | 85,000 /yr | |
| 1004 | 2-bed | 1,408 sqft | AED 2.34MAED 2,335,000 · Mar 2022March 2022 | 120,000 /yr | |
| 1005 | 1-bed | 841 sqft | AED 634KAED 633,800 · Mar 2011March 2011 | 86,711 /yr | |
| 1006 | 1-bed | 945 sqft | AED 1.45MAED 1,450,000 · Oct 2022October 2022 | 82,000 /yr | |
| 1007 | 1-bed | 842 sqft | AED 695KAED 695,000 · Jun 2009June 2009 | 92,000 /yr | |
| 1008 | 2-bed | 1,303 sqft | AED 3MAED 3,000,000 · Aug 2014August 2014 |
1001, Al Majara Tower 2 in numbers
- Sold 3 times: first on 31 August 2010 for AED 709,800, last on 22 February 2022 for AED 1,370,000 (AED 1,410 per sqft).
- Rented since March 2017 on 4 Ejari contracts, from AED 110,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2022 price is 5.5%, before a service charge of about AED 14,700 a year (AED 15.11 per sqft).
- One-beds in Al Majara Tower 2 sold for AED 1,400,000–2,125,000 in the 12 months to November 2026; the building's median across all types is AED 2,166 per sqft.
Source: Dubai Land Department. Updated 22 February 2022.
Questions about 1001, Al Majara Tower 2
What did unit 1001 last sell for?
AED 1,370,000 on 22 February 2022: AED 1,410 per sqft for 971 sqft. The unit has 3 registered sales; the first was AED 709,800 in August 2010.
What is the rent for unit 1001?
AED 75,000 a year on the contract renewed on 28 July 2020. The previous contract, from July 2019, was AED 75,000; the unit has been rented since March 2017.
How big is unit 1001?
971 sqft (90.2 sqm): a one-bedroom apartment on the 10th floor of a 31-storey tower completed in 2006.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Majara Tower 2 sold for AED 1,400,000 to 2,125,000 in the last 12 months, around AED 1,990 per sqft.
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Mortgage on 1001, Al Majara Tower 2
Starts from the last sale price (AED 1.37M, 22 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,370,000
- Deposit, UAE resident (20%)
- AED 274,000
- Deposit, non-resident (40%)
- AED 548,000
- Monthly over 25 years at 3.7%
- AED 5,605
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →