1507, Al Majara Tower 2
Sold prices and rental history: sold twice, last in June 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1507, Al Majara Tower 2
What is 1507 worth today?
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Source: Dubai Land Department. Updated 15 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 842 sqft
- Floor
- 15th of 31
- Parking
- 483
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,700 /yr
- Last sold
- AED 800K · June 2011
- Building
- Al Majara Tower 2
About 1507, Al Majara Tower 2
1507 is a one-bedroom apartment of 842 sqft on the 15th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 9 June 2011 for AED 800,000, or AED 950 per sqft, 13% above the AED 842 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 15 March 2025, is AED 95,000 a year: a gross yield of 11.9% on the 2011 price, before the service charge of about AED 12,700 a year.
Sales and rents for 1507 over time
1507 has sold twice; 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 1507 sits
All 149 1-beds →1507 last sold in June 2011 at AED 950 per sqft, 13% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 842). 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. 1507's AED 95,000 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 15th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 971 sqft | AED 377KAED 377,400 · Apr 2010April 2010 | 100,000 /yr | |
| 1502 | 2-bed | 1,579 sqft | AED 3.9MAED 3,900,000 · Apr 2025April 2025 | 155,000 /yr | |
| 1503 | 1-bed | 974 sqft | AED 1.8MAED 1,800,000 · Mar 2016March 2016 | 130,000 /yr | |
| 1504 | 2-bed | 1,408 sqft | AED 2.05MAED 2,050,000 · Feb 2018February 2018 | 165,000 /yr | |
| 1505 | 1-bed | 841 sqft | AED 677KAED 676,800 · Mar 2011March 2011 | 65,000 /yr | |
| 1506 | 1-bed | 945 sqft | AED 1.19MAED 1,190,000 · Dec 2021December 2021 | 125,000 /yr | |
| 1508 | 2-bed | 1,303 sqft | AED 1.34MAED 1,335,000 · Aug 2011August 2011 | 150,000 /yr |
1507, Al Majara Tower 2 in numbers
- Sold twice: first on 28 April 2008 for AED 880,000, last on 9 June 2011 for AED 800,000 (AED 950 per sqft).
- Rented since November 2016 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 68,000 in 2020 and recovered to AED 95,000 by March 2025.
- At AED 95,000 a year the gross yield on the 2011 price is 11.9%, 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 15 March 2025.
Questions about 1507, Al Majara Tower 2
What did unit 1507 last sell for?
AED 800,000 on 9 June 2011: AED 950 per sqft for 842 sqft. The unit has 2 registered sales; the first was AED 880,000 in April 2008.
What is the rent for unit 1507?
AED 95,000 a year on the contract signed on 15 March 2025. The previous contract, from March 2025, was AED 95,000; the unit has been rented since November 2016.
How big is unit 1507?
842 sqft (78.2 sqm): a one-bedroom apartment on the 15th floor of a 31-storey tower completed in 2006.
What is unit 1507 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 1507, Al Majara Tower 2
Starts from the last sale price (AED 800K, 9 June 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →