1203, Al Majara Tower 2
Sold prices and rental history: sold 4 times, last in December 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Al Majara Tower 2
What is 1203 worth today?
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Source: Dubai Land Department. Updated 18 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 974 sqft
- Floor
- 12th of 31
- Parking
- 621
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,700 /yr
- Last sold
- AED 1.68M · December 2022
- Building
- Al Majara Tower 2
About 1203, Al Majara Tower 2
1203 is a one-bedroom apartment of 974 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 5 December 2022 for AED 1,675,000, or AED 1,719 per sqft, 13% above the AED 1,522 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 18 October 2026, is AED 120,000 a year: a gross yield of 7.2% on the 2022 price, before the service charge of about AED 14,700 a year.
Sales and rents for 1203 over time
1203 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 1203 sits
All 149 1-beds →1203 last sold in December 2022 at AED 1,719 per sqft, 13% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,522). 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. 1203's AED 120,000 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 | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 971 sqft | AED 1.1MAED 1,095,000 · Sep 2011September 2011 | 117,000 /yr | |
| 1202 | 2-bed | 1,579 sqft | AED 1.98MAED 1,975,000 · Oct 2020October 2020 | 140,000 /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 |
1203, Al Majara Tower 2 in numbers
- Sold 4 times: first on 10 November 2009 for AED 765,800, last on 5 December 2022 for AED 1,675,000 (AED 1,719 per sqft).
- Rented since January 2015 on 12 Ejari contracts. The rent fell from AED 140,000 to AED 85,000 in 2021 and recovered to AED 120,000 by October 2026.
- At AED 120,000 a year the gross yield on the 2022 price is 7.2%, 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 18 October 2026.
Questions about 1203, Al Majara Tower 2
What did unit 1203 last sell for?
AED 1,675,000 on 5 December 2022: AED 1,719 per sqft for 974 sqft. The unit has 4 registered sales; the first was AED 765,800 in November 2009.
What is the rent for unit 1203?
AED 120,000 a year on the contract renewed on 18 October 2026. The previous contract, from October 2025, was AED 140,000; the unit has been rented since January 2015.
How big is unit 1203?
974 sqft (90.5 sqm): a one-bedroom apartment on the 12th floor of a 31-storey tower completed in 2006.
What is unit 1203 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 1203, Al Majara Tower 2
Starts from the last sale price (AED 1.68M, 5 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,675,000
- Deposit, UAE resident (20%)
- AED 335,000
- Deposit, non-resident (40%)
- AED 670,000
- Monthly over 25 years at 3.7%
- AED 6,853
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →