1-bed · 841 sqftAl Majara Tower 2, Dubai Marina · 15th floor · completed 2006

1505, Al Majara Tower 2

Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 677K28 March 2011
Current rentAED 65K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Al Majara Tower 2

What is 1505 worth today?

Last sold for AED 676,800 in 2011

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1 Jul 2026RentedNew contract
AED 65,000/yr12 months · AED 77 per sqft
26 Jul 2025RentedRenewal
AED 94,500/yr12 months · AED 112 per sqft
26 Jul 2025RentedRenewal
AED 94,500/yr12 months · AED 112 per sqft
26 Jul 2024RentedNew contract
AED 90,000/yr12 months · AED 107 per sqft
26 Jul 2024RentedNew contract
AED 90,000/yr12 months · AED 107 per sqft
4 Jul 2023RentedRenewal
AED 68,250/yr12 months · AED 81 per sqft
4 Jul 2022RentedRenewal
AED 65,000/yr12 months · AED 77 per sqft
4 Jul 2021RentedNew contract
AED 65,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
15th of 31
Parking
485
Developer
Emaar
Completed
2006
Service charge
AED 12,700 /yr
Last sold
AED 677K · March 2011

About 1505, Al Majara Tower 2

1505 is a one-bedroom apartment of 841 sqft on the 15th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 28 March 2011 for AED 676,800, or AED 804 per sqft, 9% above the AED 740 one-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 18 Ejari contracts. The current contract, signed on 1 July 2026, is AED 65,000 a year: a gross yield of 9.6% on the 2011 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, each saleTypical one-bed in Al Majara Tower 2
1M2M20072012201720222027Typical sale price by year: 2007 AED 402,950; 2008 AED 880,000; 2009 AED 799,800; 2010 AED 640,000; 2011 AED 732,400; 2012 AED 1,000,000; 2013 AED 990,000; 2014 AED 1,650,000; 2015 AED 1,600,000; 2016 AED 1,450,000; 2017 AED 1,495,000; 2018 AED 1,215,328; 2019 AED 1,085,000; 2020 AED 1,000,000; 2021 AED 1,100,000; 2022 AED 1,450,000; 2023 AED 1,500,000; 2024 AED 1,825,000; 2025 AED 1,825,000; 2026 AED 1,675,000Sold by developer, March 2011: AED 676,800 (AED 804 per sqft)

1505 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1505, each contractTypical one-bed in Al Majara Tower 2
75K100K125K2011201620212026Typical rent by year: 2011 AED 65,000; 2012 AED 75,000; 2013 AED 95,000; 2014 AED 113,000; 2015 AED 120,000; 2016 AED 119,678; 2017 AED 105,000; 2018 AED 92,000; 2019 AED 80,002; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 81,950; 2023 AED 90,000; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 105,000New contract, September 2011: AED 68,000 a yearNew contract, September 2012: AED 75,000 a yearNew contract, September 2013: AED 85,000 a yearRenewal, September 2014: AED 85,000 a yearRenewal, September 2015: AED 89,250 a yearRenewal, September 2016: AED 93,712 a yearNew contract, May 2017: AED 95,000 a yearRenewal, May 2018: AED 95,000 a yearNew contract, May 2019: AED 85,000 a yearRenewal, May 2020: AED 75,000 a yearNew contract, July 2021: AED 65,000 a yearRenewal, July 2022: AED 65,000 a yearRenewal, July 2023: AED 68,250 a yearNew contract, July 2024: AED 90,000 a yearNew contract, July 2024: AED 90,000 a yearRenewal, July 2025: AED 94,500 a yearRenewal, July 2025: AED 94,500 a yearNew contract, July 2026: AED 65,000 a year

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 1505 sits

All 149 1-beds →

1505 last sold in March 2011 at AED 804 per sqft, 9% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 740). 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. 1505's AED 65,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 20261,425,000
11 Sep 20262,110,000
21 Jul 20261,700,000
21 May 20261,400,000
8 1-bed sales in the last 12 months

Al Majara Tower 2

Building

246 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%
Al Majara Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 246 units in Al Majara Tower 2
Value
15011-bedAED 377K · Apr 2010
15022-bedAED 3.9M · Apr 2025
15031-bedAED 1.8M · Mar 2016
15042-bedAED 2.05M · Feb 2018
15061-bedAED 1.19M · Dec 2021
15071-bedAED 800K · Jun 2011
15082-bedAED 1.34M · Aug 2011

1505, Al Majara Tower 2 in numbers

  • Sold once: by Emaar on 28 March 2011 for AED 676,800, or AED 804 per sqft.
  • Rented since September 2011 on 18 Ejari contracts, from AED 68,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2011 price is 9.6%, 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 1 July 2026.

Questions about 1505, Al Majara Tower 2

What did unit 1505 last sell for?

AED 676,800 on 28 March 2011, sold by the developer: AED 804 per sqft for 841 sqft. It is the only registered sale of the unit.

What is the rent for unit 1505?

AED 65,000 a year on the contract signed on 1 July 2026. The previous contract, from July 2025, was AED 94,500; the unit has been rented since September 2011.

How big is unit 1505?

841 sqft (78.1 sqm): a one-bedroom apartment on the 15th floor of a 31-storey tower completed in 2006.

What is unit 1505 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 1505, Al Majara Tower 2

Starts from the last sale price (AED 677K, 28 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 676,800
Deposit, UAE resident (20%)
AED 135,360
Deposit, non-resident (40%)
AED 270,720
Monthly over 25 years at 3.7%
AED 2,769

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →