1403, Al Majara Tower 2
Sold prices and rental history: sold 4 times, last in October 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 1403, Al Majara Tower 2
What is 1403 worth today?
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Source: Dubai Land Department. Updated 17 October 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 974 sqft
- Floor
- 14th of 31
- Parking
- 495
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,700 /yr
- Last sold
- AED 1.8M · October 2022
- Building
- Al Majara Tower 2
About 1403, Al Majara Tower 2
1403 is a one-bedroom apartment of 974 sqft on the 14th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 17 October 2022 for AED 1,800,000, or AED 1,847 per sqft, 22% above the AED 1,510 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 9 May 2019, is AED 100,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 14,700 a year.
Sales and rents for 1403 over time
1403 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 1403 sits
All 149 1-beds →1403 last sold in October 2022 at AED 1,847 per sqft, 22% 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. 1403's AED 100,000 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 14th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 388 sqft | AED 415KAED 415,000 · Dec 2007December 2007 | 90,000 /yr | |
| 1402 | 2-bed | 1,579 sqft | AED 3.55MAED 3,550,000 · Aug 2026August 2026 | 200,000 /yr | |
| 1404 | 2-bed | 1,408 sqft | AED 1.13MAED 1,129,800 · Nov 2008November 2008 | ||
| 1405 | 1-bed | 841 sqft | AED 910KAED 910,000 · Jan 2021January 2021 | 75,000 /yr | |
| 1406 | 1-bed | 945 sqft | AED 1.6MAED 1,600,000 · Sep 2017September 2017 | 87,725 /yr | |
| 1407 | 1-bed | 842 sqft | AED 1.5MAED 1,500,000 · Nov 2017November 2017 | 110,000 /yr | |
| 1408 | 2-bed | 1,303 sqft | AED 986KAED 985,800 · Jul 2008July 2008 | 130,000 /yr |
1403, Al Majara Tower 2 in numbers
- Sold 4 times: first on 25 October 2009 for AED 1,135,000, last on 17 October 2022 for AED 1,800,000 (AED 1,847 per sqft).
- Rented since August 2013 on 5 Ejari contracts, from AED 105,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2022 price is 5.6%, 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 17 October 2022.
Questions about 1403, Al Majara Tower 2
What did unit 1403 last sell for?
AED 1,800,000 on 17 October 2022: AED 1,847 per sqft for 974 sqft. The unit has 4 registered sales; the first was AED 1,135,000 in October 2009.
What is the rent for unit 1403?
AED 100,000 a year on the contract signed on 9 May 2019. The previous contract, from May 2018, was AED 100,000; the unit has been rented since August 2013.
How big is unit 1403?
974 sqft (90.5 sqm): a one-bedroom apartment on the 14th floor of a 31-storey tower completed in 2006.
What is unit 1403 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 1403, Al Majara Tower 2
Starts from the last sale price (AED 1.8M, 17 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →