2-bed · 1,579 sqftAl Majara Tower 2, Dubai Marina · 18th floor · completed 2006

1802, Al Majara Tower 2

Sold prices and rental history: sold 3 times, last in March 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 13 March 2017
Last soldAED 2.81M13 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, Al Majara Tower 2

What is 1802 worth today?

Last sold for AED 2,805,000 in 2017

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13 Mar 2017SoldReady
AED 2,805,000AED 1,776 per sqft
10 Jun 2013SoldReady
AED 2,850,000AED 1,804 per sqft
18 Aug 2010Sold by developerReady
AED 692,900AED 438 per sqft

Source: Dubai Land Department. Updated 13 March 2017.

Key facts

Type
2-bed apartment
Size
1,579 sqft
Floor
18th of 31
Parking
635
Developer
Emaar
Completed
2006
Service charge
AED 23,900 /yr
Last sold
AED 2.81M · March 2017

About 1802, Al Majara Tower 2

1802 is a two-bedroom apartment of 1,579 sqft on the 18th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 13 March 2017 for AED 2,805,000, or AED 1,776 per sqft, in line with the AED 1,776 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1802 over time

Sales
Unit 1802, 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 2010: AED 692,900 (AED 438 per sqft)Sold, June 2013: AED 2,850,000 (AED 1,804 per sqft)Sold, March 2017: AED 2,805,000 (AED 1,776 per sqft)

1802 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1802, each contractTypical two-bed in Al Majara Tower 2
100K150K2012201620202024Typical 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 160,000

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 1802 sits

All 91 2-beds →

1802 last sold in March 2017 at AED 1,776 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.

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 18th floor

All 246 units in Al Majara Tower 2
Value
18011-bedAED 391K · Dec 2007
18031-bedAED 1.23M · May 2019
18042-bedAED 2.15M · Apr 2019
18051-bedAED 1.09M · Aug 2019
18061-bedAED 1.78M · Dec 2024
18071-bedAED 1.45M · Dec 2023
18082-bedAED 2.68M · Jul 2023

1802, Al Majara Tower 2 in numbers

  • Sold 3 times: first on 18 August 2010 for AED 692,900, last on 13 March 2017 for AED 2,805,000 (AED 1,776 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 13 March 2017.

Questions about 1802, Al Majara Tower 2

What did unit 1802 last sell for?

AED 2,805,000 on 13 March 2017: AED 1,776 per sqft for 1,579 sqft. The unit has 3 registered sales; the first was AED 692,900 in August 2010.

How big is unit 1802?

1,579 sqft (146.7 sqm): a two-bedroom apartment on the 18th floor of a 31-storey tower completed in 2006.

What is unit 1802 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 1802, Al Majara Tower 2

Starts from the last sale price (AED 2.81M, 13 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,805,000
Deposit, UAE resident (20%)
AED 561,000
Deposit, non-resident (40%)
AED 1,122,000
Monthly over 25 years at 3.7%
AED 11,476

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