2-bed · 1,408 sqftAl Majara Tower 2, Dubai Marina · 17th floor · completed 2006

1704, Al Majara Tower 2

Sold prices and rental history: sold 3 times, last in June 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 23 March 2026
Last soldAED 2.57M13 June 2017
Current rentAED 203K /yr23 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Al Majara Tower 2

What is 1704 worth today?

Last sold for AED 2,565,000 in 2017

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23 Mar 2026RentedRenewal
AED 202,500/yr12 months · AED 144 per sqft
23 Mar 2025RentedRenewal
AED 200,000/yr12 months · AED 142 per sqft
23 Mar 2025RentedRenewal
AED 200,000/yr12 months · AED 142 per sqft
23 Mar 2024RentedNew contract
AED 195,000/yr12 months · AED 138 per sqft
23 Mar 2024RentedNew contract
AED 195,000/yr12 months · AED 138 per sqft
25 May 2023RentedNew contract
AED 160,547/yr9 months · AED 114 per sqft
20 May 2022RentedRenewal
AED 155,000/yr12 months · AED 110 per sqft
20 May 2021RentedNew contract
AED 150,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 23 March 2026.

Key facts

Type
2-bed apartment
Size
1,408 sqft
Floor
17th of 31
Parking
470
Developer
Emaar
Completed
2006
Service charge
AED 21,300 /yr
Last sold
AED 2.57M · June 2017

About 1704, Al Majara Tower 2

1704 is a two-bedroom apartment of 1,408 sqft on the 17th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 13 June 2017 for AED 2,565,000, or AED 1,821 per sqft, in line with the AED 1,776 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 23 March 2026, is AED 202,500 a year: a gross yield of 7.9% on the 2017 price, before the service charge of about AED 21,300 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical two-bed in Al Majara Tower 2
2M4M2008201320182023Typical sale price by year: 2008 AED 1,600,000; 2009 AED 1,287,500; 2010 AED 931,888; 2011 AED 1,279,300; 2012 AED 1,712,500; 2013 AED 2,200,000; 2014 AED 2,650,000; 2015 AED 1,950,000; 2016 AED 2,350,000; 2017 AED 2,525,000; 2018 AED 2,266,250; 2019 AED 1,750,000; 2020 AED 1,750,000; 2021 AED 1,940,000; 2022 AED 2,217,500; 2023 AED 2,675,000; 2024 AED 2,950,000; 2025 AED 3,900,000; 2026 AED 3,550,000Sold by developer, August 2008: AED 2,700,000 (AED 1,917 per sqft)Sold, August 2008: AED 1,165,800 (AED 827 per sqft)Sold, June 2017: AED 2,565,000 (AED 1,821 per sqft)

1704 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1704, each contractTypical two-bed in Al Majara Tower 2
100K150K200K2012201620202024Typical rent by year: 2012 AED 138,331; 2013 AED 150,000; 2014 AED 160,000; 2015 AED 167,500; 2016 AED 167,500; 2017 AED 156,048; 2018 AED 134,880; 2019 AED 125,000; 2020 AED 105,000; 2021 AED 105,000; 2022 AED 120,000; 2023 AED 136,944; 2024 AED 165,000; 2025 AED 173,000; 2026 AED 160,000New contract, August 2013: AED 180,000 a yearNew contract, August 2014: AED 189,000 a yearNew contract, November 2015: AED 185,000 a yearNew contract, August 2019: AED 165,000 a yearNew contract, March 2020: AED 150,000 a yearNew contract, May 2021: AED 150,000 a yearRenewal, May 2022: AED 155,000 a yearNew contract, May 2023: AED 160,547 a yearNew contract, March 2024: AED 195,000 a yearNew contract, March 2024: AED 195,000 a yearRenewal, March 2025: AED 200,000 a yearRenewal, March 2025: AED 200,000 a yearRenewal, March 2026: AED 202,500 a year

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 1704 sits

All 91 2-beds →

1704 last sold in June 2017 at AED 1,821 per sqft, in line with what two-beds in Al Majara Tower 2 were fetching at the time (AED 1,776). 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. 1704's AED 202,500 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Oct 20263,575,000
14 Aug 20263,550,000
29 Jun 20263,050,000
3 Jun 20263,700,000
6 2-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 17th floor

All 246 units in Al Majara Tower 2
Value
17011-bedAED 1.5M · Jun 2022
17022-bedAED 687K · Jan 2008
17031-bedAED 2M · Aug 2008
17051-bedAED 1.7M · Jul 2026
17061-bedAED 734K · Nov 2008
17071-bedAED 1.22M · Oct 2022
17082-bedAED 1.86M · Apr 2022

1704, Al Majara Tower 2 in numbers

  • Sold 3 times: first on 26 August 2008 for AED 1,165,800, last on 13 June 2017 for AED 2,565,000 (AED 1,821 per sqft).
  • Rented since August 2013 on 13 Ejari contracts. The rent fell from AED 180,000 to AED 150,000 in 2021 and recovered to AED 202,500 by March 2026.
  • At AED 202,500 a year the gross yield on the 2017 price is 7.9%, before a service charge of about AED 21,300 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 23 March 2026.

Questions about 1704, Al Majara Tower 2

What did unit 1704 last sell for?

AED 2,565,000 on 13 June 2017: AED 1,821 per sqft for 1,408 sqft. The unit has 3 registered sales; the first was AED 1,165,800 in August 2008.

What is the rent for unit 1704?

AED 202,500 a year on the contract renewed on 23 March 2026. The previous contract, from March 2025, was AED 200,000; the unit has been rented since August 2013.

How big is unit 1704?

1,408 sqft (130.8 sqm): a two-bedroom apartment on the 17th floor of a 31-storey tower completed in 2006.

What is unit 1704 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 1704, Al Majara Tower 2

Starts from the last sale price (AED 2.57M, 13 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,565,000
Deposit, UAE resident (20%)
AED 513,000
Deposit, non-resident (40%)
AED 1,026,000
Monthly over 25 years at 3.7%
AED 10,494

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