1006, Al Majara Tower 2
Sold prices and rental history: sold 4 times, last in October 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1006, Al Majara Tower 2
What is 1006 worth today?
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Source: Dubai Land Department. Updated 18 October 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 945 sqft
- Floor
- 10th of 31
- Parking
- 496
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,300 /yr
- Last sold
- AED 1.45M · October 2022
- Building
- Al Majara Tower 2
About 1006, Al Majara Tower 2
1006 is a one-bedroom apartment of 945 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 18 October 2022 for AED 1,450,000, or AED 1,534 per sqft, in line with the AED 1,534 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 15 January 2022, is AED 82,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 14,300 a year.
Sales and rents for 1006 over time
1006 has sold 4 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 1006 sits
All 149 1-beds →1006 last sold in October 2022 at AED 1,534 per sqft, in line with what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,534). 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. 1006's AED 82,000 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 | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 971 sqft | AED 1.37MAED 1,370,000 · Feb 2022February 2022 | 75,000 /yr | |
| 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 | |
| 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 |
1006, Al Majara Tower 2 in numbers
- Sold 4 times: first on 30 October 2008 for AED 676,800, last on 18 October 2022 for AED 1,450,000 (AED 1,534 per sqft).
- Rented since June 2012 on 9 Ejari contracts, from AED 72,000 to AED 82,000 a year.
- At AED 82,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 14,300 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 18 October 2022.
Questions about 1006, Al Majara Tower 2
What did unit 1006 last sell for?
AED 1,450,000 on 18 October 2022: AED 1,534 per sqft for 945 sqft. The unit has 4 registered sales; the first was AED 676,800 in October 2008.
What is the rent for unit 1006?
AED 82,000 a year on the contract renewed on 15 January 2022. The previous contract, from January 2021, was AED 96,000; the unit has been rented since June 2012.
How big is unit 1006?
945 sqft (87.8 sqm): a one-bedroom apartment on the 10th floor of a 31-storey tower completed in 2006.
What is unit 1006 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 1006, Al Majara Tower 2
Starts from the last sale price (AED 1.45M, 18 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →