1702, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in January 2008, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1702, Al Majara Tower 2
What is 1702 worth today?
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Source: Dubai Land Department. Updated 7 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,579 sqft
- Floor
- 17th of 31
- Parking
- 472
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 23,900 /yr
- Last sold
- AED 687K · January 2008
- Building
- Al Majara Tower 2
About 1702, Al Majara Tower 2
1702 is a two-bedroom apartment of 1,579 sqft on the 17th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 16 January 2008 for AED 686,650, or AED 434 per sqft.
It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 7 March 2025, is AED 185,000 a year: a gross yield of 26.9% on the 2008 price, before the service charge of about AED 23,900 a year.
Sales and rents for 1702 over time
1702 has sold once; 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 1702 sits
All 91 2-beds →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. 1702's AED 185,000 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 17th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 971 sqft | AED 1.5MAED 1,500,000 · Jun 2022June 2022 | 135,000 /yr | |
| 1703 | 1-bed | 974 sqft | AED 2MAED 2,000,000 · Aug 2008August 2008 | 105,000 /yr | |
| 1704 | 2-bed | 1,408 sqft | AED 2.57MAED 2,565,000 · Jun 2017June 2017 | 202,500 /yr | |
| 1705 | 1-bed | 841 sqft | AED 1.7MAED 1,700,000 · Jul 2026July 2026 | 110,000 /yr | |
| 1706 | 1-bed | 945 sqft | AED 734KAED 733,800 · Nov 2008November 2008 | 82,000 /yr | |
| 1707 | 1-bed | 842 sqft | AED 1.22MAED 1,215,000 · Oct 2022October 2022 | 100,000 /yr | |
| 1708 | 2-bed | 1,303 sqft | AED 1.86MAED 1,857,500 · Apr 2022April 2022 | 200,000 /yr |
1702, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 16 January 2008 for AED 686,650, or AED 434 per sqft.
- Rented since March 2023 on 5 Ejari contracts, at AED 185,000 a year.
- At AED 185,000 a year the gross yield on the 2008 price is 26.9%, before a service charge of about AED 23,900 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 7 March 2025.
Questions about 1702, Al Majara Tower 2
What did unit 1702 last sell for?
AED 686,650 on 16 January 2008, sold by the developer: AED 434 per sqft for 1,579 sqft. It is the only registered sale of the unit.
What is the rent for unit 1702?
AED 185,000 a year on the contract renewed on 7 March 2025. The previous contract, from March 2025, was AED 185,000; the unit has been rented since March 2023.
How big is unit 1702?
1,579 sqft (146.7 sqm): a two-bedroom apartment on the 17th floor of a 31-storey tower completed in 2006.
What is unit 1702 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 1702, Al Majara Tower 2
Starts from the last sale price (AED 687K, 16 January 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 686,650
- Deposit, UAE resident (20%)
- AED 137,330
- Deposit, non-resident (40%)
- AED 274,660
- Monthly over 25 years at 3.7%
- AED 2,809
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →