1205, Al Majara Tower 2
Sold prices and rental history: sold 3 times, last in August 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1205, Al Majara Tower 2
What is 1205 worth today?
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Source: Dubai Land Department. Updated 21 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 841 sqft
- Floor
- 12th of 31
- Parking
- 625
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.38M · August 2022
- Building
- Al Majara Tower 2
About 1205, Al Majara Tower 2
1205 is a one-bedroom apartment of 841 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 22 August 2022 for AED 1,375,000, or AED 1,634 per sqft, 8% above the AED 1,510 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 21 November 2024, is AED 120,000 a year: a gross yield of 8.7% on the 2022 price, before the service charge of about AED 12,700 a year.
Sales and rents for 1205 over time
1205 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 1205 sits
All 149 1-beds →1205 last sold in August 2022 at AED 1,634 per sqft, 8% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,510). 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. 1205'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 | |
| 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 | |
| 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 |
1205, Al Majara Tower 2 in numbers
- Sold 3 times: first on 1 July 2013 for AED 1,200,000, last on 22 August 2022 for AED 1,375,000 (AED 1,634 per sqft).
- Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 84,000 in 2022 and recovered to AED 120,000 by November 2024.
- At AED 120,000 a year the gross yield on the 2022 price is 8.7%, before a service charge of about AED 12,700 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 21 November 2024.
Questions about 1205, Al Majara Tower 2
What did unit 1205 last sell for?
AED 1,375,000 on 22 August 2022: AED 1,634 per sqft for 841 sqft. The unit has 3 registered sales; the first was AED 1,200,000 in July 2013.
What is the rent for unit 1205?
AED 120,000 a year on the contract renewed on 21 November 2024. The previous contract, from November 2024, was AED 119,668; the unit has been rented since September 2013.
How big is unit 1205?
841 sqft (78.1 sqm): a one-bedroom apartment on the 12th floor of a 31-storey tower completed in 2006.
What is unit 1205 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 1205, Al Majara Tower 2
Starts from the last sale price (AED 1.38M, 22 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,375,000
- Deposit, UAE resident (20%)
- AED 275,000
- Deposit, non-resident (40%)
- AED 550,000
- Monthly over 25 years at 3.7%
- AED 5,626
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →