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2-bed · 1,579 sqftAl Majara Tower 2, Dubai Marina · 19th floor · completed 2006

1902, Al Majara Tower 2

Sold prices and rental history: sold twice, last in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1902 · DLD and Ejari recordsUpdated 12 September 2023
Last soldAED 3M12 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1902, Al Majara Tower 2

What is 1902 worth today?

Last sold for AED 3,000,000 in 2023

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12 Sep 2023SoldReady
AED 3,000,000AED 1,899 per sqft
7 Mar 2011Sold by developerReady
AED 1,398,300AED 885 per sqft

Source: Dubai Land Department. Updated 12 September 2023.

Key facts

Type
2-bed apartment
Size
1,579 sqft
Floor
19th of 31
Parking
466
Developer
Emaar
Completed
2006
Service charge
AED 23,900 /yr
Last sold
AED 3M · September 2023
Building
Al Majara Tower 2

About 1902, Al Majara Tower 2

1902 is a two-bedroom apartment of 1,579 sqft on the 19th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 12 September 2023 for AED 3,000,000, or AED 1,899 per sqft, in line with the AED 1,873 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1902 over time

Sales
Unit 1902, 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, March 2011: AED 1,398,300 (AED 885 per sqft)Sold, September 2023: AED 3,000,000 (AED 1,899 per sqft)

1902 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1902, 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 1902 sits

All 91 2-beds →

1902 last sold in September 2023 at AED 1,899 per sqft, in line with what two-beds in Al Majara Tower 2 were fetching at the time (AED 1,873). 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 19th floor

All 246 units in Al Majara Tower 2
Value
19011-bedAED 1.4M · Oct 2012
19031-bedAED 875K · May 2014
19042-bedAED 1.19M · Jul 2010
19051-bedAED 1.22M · May 2018
19061-bedAED 1.6M · May 2024
19071-bedAED 1.3M · Feb 2009
19082-bedAED 2M · Aug 2022

1902, Al Majara Tower 2 in numbers

  • Sold twice: first on 7 March 2011 for AED 1,398,300, last on 12 September 2023 for AED 3,000,000 (AED 1,899 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 12 September 2023.

Questions about 1902, Al Majara Tower 2

What did unit 1902 last sell for?

AED 3,000,000 on 12 September 2023: AED 1,899 per sqft for 1,579 sqft. The unit has 2 registered sales; the first was AED 1,398,300 in March 2011.

How big is unit 1902?

1,579 sqft (146.7 sqm): a two-bedroom apartment on the 19th floor of a 31-storey tower completed in 2006.

What is unit 1902 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 1902, Al Majara Tower 2

Starts from the last sale price (AED 3M, 12 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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