1201, Al Majara Tower 2
Sold prices and rental history: sold twice, last in September 2011, 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 1201, Al Majara Tower 2
What is 1201 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 971 sqft
- Floor
- 12th of 31
- Parking
- 617
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,700 /yr
- Last sold
- AED 1.1M · September 2011
- Building
- Al Majara Tower 2
About 1201, Al Majara Tower 2
1201 is a one-bedroom apartment of 971 sqft on the 12th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 27 September 2011 for AED 1,095,000, or AED 1,127 per sqft, 30% above the AED 864 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 16 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 117,000 a year: a gross yield of 10.7% on the 2011 price, before the service charge of about AED 14,700 a year.
Sales and rents for 1201 over time
1201 has sold twice; 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 1201 sits
All 149 1-beds →1201 last sold in September 2011 at AED 1,127 per sqft, 30% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 864). 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. 1201's AED 117,000 is in the upper 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 12th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 2-bed | 1,579 sqft | AED 1.98MAED 1,975,000 · Oct 2020October 2020 | 140,000 /yr | |
| 1203 | 1-bed | 974 sqft | AED 1.68MAED 1,675,000 · Dec 2022December 2022 | 120,000 /yr | |
| 1204 | 2-bed | 1,408 sqft | AED 2.45MAED 2,450,000 · Sep 2022September 2022 | 125,000 /yr | |
| 1205 | 1-bed | 841 sqft | AED 1.38MAED 1,375,000 · Aug 2022August 2022 | 119,668 /yr | |
| 1206 | 1-bed | 945 sqft | AED 1.02MAED 1,019,700 · Aug 2008August 2008 | 125,000 /yr | |
| 1207 | 1-bed | 842 sqft | AED 1.38MAED 1,375,000 · Apr 2015April 2015 | 168,000 /yr | |
| 1208 | 2-bed | 1,303 sqft | AED 2.04MAED 2,040,000 · Jun 2008June 2008 | 160,000 /yr |
1201, Al Majara Tower 2 in numbers
- Sold twice: first on 20 December 2009 for AED 1,100,000, last on 27 September 2011 for AED 1,095,000 (AED 1,127 per sqft).
- Rented since December 2012 on 16 Ejari contracts. The rent fell from AED 98,000 to AED 75,000 in 2021 and recovered to AED 117,000 by March 2026.
- At AED 117,000 a year the gross yield on the 2011 price is 10.7%, 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 1 March 2026.
Questions about 1201, Al Majara Tower 2
What did unit 1201 last sell for?
AED 1,095,000 on 27 September 2011: AED 1,127 per sqft for 971 sqft. The unit has 2 registered sales; the first was AED 1,100,000 in December 2009.
What is the rent for unit 1201?
AED 117,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 117,000; the unit has been rented since December 2012.
How big is unit 1201?
971 sqft (90.2 sqm): a one-bedroom apartment on the 12th floor of a 31-storey tower completed in 2006.
What is unit 1201 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 1201, Al Majara Tower 2
Starts from the last sale price (AED 1.1M, 27 September 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,095,000
- Deposit, UAE resident (20%)
- AED 219,000
- Deposit, non-resident (40%)
- AED 438,000
- Monthly over 25 years at 3.7%
- AED 4,480
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →