1407, Al Majara Tower 2
Sold prices and rental history: sold 4 times, last in November 2017, 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 1407, Al Majara Tower 2
What is 1407 worth today?
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Source: Dubai Land Department. Updated 12 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 842 sqft
- Floor
- 14th of 31
- Parking
- 491
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.5M · November 2017
- Building
- Al Majara Tower 2
About 1407, Al Majara Tower 2
1407 is a one-bedroom apartment of 842 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 2 November 2017 for AED 1,500,000, or AED 1,781 per sqft, 8% above the AED 1,647 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 12 October 2024, is AED 110,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 12,700 a year.
Sales and rents for 1407 over time
1407 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 1407 sits
All 149 1-beds →1407 last sold in November 2017 at AED 1,781 per sqft, 8% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,647). 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. 1407's AED 110,000 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 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 | |
| 1403 | 1-bed | 974 sqft | AED 1.8MAED 1,800,000 · Oct 2022October 2022 | 100,000 /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 | |
| 1408 | 2-bed | 1,303 sqft | AED 986KAED 985,800 · Jul 2008July 2008 | 130,000 /yr |
1407, Al Majara Tower 2 in numbers
- Sold 4 times: first on 17 March 2008 for AED 1,173,000, last on 2 November 2017 for AED 1,500,000 (AED 1,781 per sqft).
- Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2022 and recovered to AED 110,000 by October 2024.
- At AED 110,000 a year the gross yield on the 2017 price is 7.3%, 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 12 October 2024.
Questions about 1407, Al Majara Tower 2
What did unit 1407 last sell for?
AED 1,500,000 on 2 November 2017: AED 1,781 per sqft for 842 sqft. The unit has 4 registered sales; the first was AED 1,173,000 in March 2008.
What is the rent for unit 1407?
AED 110,000 a year on the contract signed on 12 October 2024. The previous contract, from October 2024, was AED 110,000; the unit has been rented since January 2013.
How big is unit 1407?
842 sqft (78.2 sqm): a one-bedroom apartment on the 14th floor of a 31-storey tower completed in 2006.
What is unit 1407 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 1407, Al Majara Tower 2
Starts from the last sale price (AED 1.5M, 2 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →