1308, Al Majara Tower 2
Sold prices and rental history: sold twice, last in October 2009, 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 1308, Al Majara Tower 2
What is 1308 worth today?
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Source: Dubai Land Department. Updated 26 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,303 sqft
- Floor
- 13th of 31
- Parking
- 501
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 19,700 /yr
- Last sold
- AED 488K · October 2009
- Building
- Al Majara Tower 2
About 1308, Al Majara Tower 2
1308 is a two-bedroom apartment of 1,303 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 4 October 2009 for AED 487,900, or AED 374 per sqft, 54% below the AED 806 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 26 September 2026, is AED 190,000 a year: a gross yield of 38.9% on the 2009 price, before the service charge of about AED 19,700 a year.
Sales and rents for 1308 over time
1308 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Majara Tower 2, and where 1308 sits
All 91 2-beds →1308 last sold in October 2009 at AED 374 per sqft, 54% below what two-beds in Al Majara Tower 2 were fetching at the time (AED 806). Over the last 12 months two-beds sold for AED 3,050,000 to 4,150,000, around AED 2,296 per sqft, and rent for AED 110,000 to 235,000 a year. 1308's AED 190,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 1,408 sqft | 3,575,000 | 2,539 | ||
| 14 Aug 202614 August 2026 | 1,579 sqft | 3,550,000 | 2,248 | ||
| 29 Jun 202629 June 2026 | 1,408 sqft | 3,050,000 | 2,166 | ||
| 3 Jun 20263 June 2026 | 1,579 sqft | 3,700,000 | 2,343 |
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 | |
| 1305 | 1-bed | 841 sqft | AED 1.45MAED 1,450,000 · May 2022May 2022 | 80,000 /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, Al Majara Tower 2 in numbers
- Sold twice: first on 1 October 2009 for AED 975,800, last on 4 October 2009 for AED 487,900 (AED 374 per sqft).
- Rented since July 2013 on 5 Ejari contracts, from AED 135,000 to AED 190,000 a year.
- At AED 190,000 a year the gross yield on the 2009 price is 38.9%, before a service charge of about AED 19,700 a year (AED 15.11 per sqft).
- Two-beds in Al Majara Tower 2 sold for AED 3,050,000–4,150,000 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 26 September 2026.
Questions about 1308, Al Majara Tower 2
What did unit 1308 last sell for?
AED 487,900 on 4 October 2009: AED 374 per sqft for 1,303 sqft. The unit has 2 registered sales; the first was AED 975,800 in October 2009.
What is the rent for unit 1308?
AED 190,000 a year on the contract renewed on 26 September 2026. The previous contract, from September 2025, was AED 190,000; the unit has been rented since July 2013.
How big is unit 1308?
1,303 sqft (121.1 sqm): a two-bedroom apartment on the 13th floor of a 31-storey tower completed in 2006.
What is unit 1308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Majara Tower 2 sold for AED 3,050,000 to 4,150,000 in the last 12 months, around AED 2,296 per sqft.
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Mortgage on 1308, Al Majara Tower 2
Starts from the last sale price (AED 488K, 4 October 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 487,900
- Deposit, UAE resident (20%)
- AED 97,580
- Deposit, non-resident (40%)
- AED 195,160
- Monthly over 25 years at 3.7%
- AED 1,996
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →