1305, Al Majara Tower 2
Sold prices and rental history: sold 3 times, last in May 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 1305, Al Majara Tower 2
What is 1305 worth today?
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Source: Dubai Land Department. Updated 31 May 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 841 sqft
- Floor
- 13th of 31
- Parking
- 507
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.45M · May 2022
- Building
- Al Majara Tower 2
About 1305, Al Majara Tower 2
1305 is a one-bedroom apartment of 841 sqft on the 13th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 31 May 2022 for AED 1,450,000, or AED 1,724 per sqft, 18% above the AED 1,460 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 November 2021, is AED 80,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 12,700 a year.
Sales and rents for 1305 over time
1305 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 1305 sits
All 149 1-beds →1305 last sold in May 2022 at AED 1,724 per sqft, 18% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,460). 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. 1305's AED 80,000 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 13th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 971 sqft | AED 439KAED 438,725 · Dec 2007December 2007 | 115,000 /yr | |
| 1302 | 2-bed | 1,579 sqft | AED 2.9MAED 2,900,000 · Dec 2013December 2013 | 210,000 /yr | |
| 1303 | 1-bed | 974 sqft | AED 1.28MAED 1,275,000 · Feb 2013February 2013 | 105,000 /yr | |
| 1304 | 2-bed | 1,408 sqft | AED 2.65MAED 2,650,000 · Sep 2013September 2013 | 110,000 /yr | |
| 1306 | 1-bed | 945 sqft | AED 1.43MAED 1,425,000 · Jun 2022June 2022 | 112,000 /yr | |
| 1307 | 1-bed | 842 sqft | AED 1.2MAED 1,200,000 · Feb 2015February 2015 | 120,000 /yr | |
| 1308 | 2-bed | 1,303 sqft | AED 488KAED 487,900 · Oct 2009October 2009 | 190,000 /yr |
1305, Al Majara Tower 2 in numbers
- Sold 3 times: first on 6 July 2010 for AED 331,400, last on 31 May 2022 for AED 1,450,000 (AED 1,724 per sqft).
- Rented since June 2013 on 10 Ejari contracts, from AED 95,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2022 price is 5.5%, 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 31 May 2022.
Questions about 1305, Al Majara Tower 2
What did unit 1305 last sell for?
AED 1,450,000 on 31 May 2022: AED 1,724 per sqft for 841 sqft. The unit has 3 registered sales; the first was AED 331,400 in July 2010.
What is the rent for unit 1305?
AED 80,000 a year on the contract renewed on 1 November 2021. The previous contract, from April 2021, was AED 80,000; the unit has been rented since June 2013.
How big is unit 1305?
841 sqft (78.1 sqm): a one-bedroom apartment on the 13th floor of a 31-storey tower completed in 2006.
What is unit 1305 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 1305, Al Majara Tower 2
Starts from the last sale price (AED 1.45M, 31 May 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 →