2003, Al Majara Tower 2
Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2003, Al Majara Tower 2
What is 2003 worth today?
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Source: Dubai Land Department. Updated 1 May 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 974 sqft
- Floor
- 20th of 31
- Parking
- 356
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,700 /yr
- Last sold
- AED 1.92M · September 2014
- Building
- Al Majara Tower 2
About 2003, Al Majara Tower 2
2003 is a one-bedroom apartment of 974 sqft on the 20th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 30 September 2014 for AED 1,915,000, or AED 1,966 per sqft, 10% above the AED 1,793 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 1 May 2022, is AED 73,500 a year: a gross yield of 3.8% on the 2014 price, before the service charge of about AED 14,700 a year.
Sales and rents for 2003 over time
2003 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 2003 sits
All 149 1-beds →2003 last sold in September 2014 at AED 1,966 per sqft, 10% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,793). 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. 2003's AED 73,500 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 20th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 971 sqft | AED 1.8MAED 1,800,000 · Oct 2016October 2016 | 85,000 /yr | |
| 2002 | 2-bed | 1,579 sqft | AED 1.41MAED 1,410,800 · Feb 2013February 2013 | 130,000 /yr | |
| 2004 | 2-bed | 1,408 sqft | AED 2.1MAED 2,100,000 · May 2012May 2012 | 190,000 /yr | |
| 2005 | 1-bed | 841 sqft | AED 1.5MAED 1,500,000 · Dec 2023December 2023 | 105,000 /yr | |
| 2006 | 1-bed | 945 sqft | AED 1.83MAED 1,825,000 · Oct 2014October 2014 | 93,713 /yr | |
| 2007 | 1-bed | 842 sqft | AED 1.43MAED 1,425,000 · Dec 2016December 2016 | 96,000 /yr | |
| 2008 | 2-bed | 1,303 sqft | AED 3.24MAED 3,240,000 · Jul 2024July 2024 | 235,000 /yr |
2003, Al Majara Tower 2 in numbers
- Sold twice: first on 10 June 2010 for AED 1,000,000, last on 30 September 2014 for AED 1,915,000 (AED 1,966 per sqft).
- Rented since November 2014 on 5 Ejari contracts, from AED 133,000 to AED 73,500 a year.
- At AED 73,500 a year the gross yield on the 2014 price is 3.8%, before a service charge of about AED 14,700 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 1 May 2022.
Questions about 2003, Al Majara Tower 2
What did unit 2003 last sell for?
AED 1,915,000 on 30 September 2014: AED 1,966 per sqft for 974 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in June 2010.
What is the rent for unit 2003?
AED 73,500 a year on the contract renewed on 1 May 2022. The previous contract, from May 2021, was AED 70,000; the unit has been rented since November 2014.
How big is unit 2003?
974 sqft (90.5 sqm): a one-bedroom apartment on the 20th floor of a 31-storey tower completed in 2006.
What is unit 2003 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 2003, Al Majara Tower 2
Starts from the last sale price (AED 1.92M, 30 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,915,000
- Deposit, UAE resident (20%)
- AED 383,000
- Deposit, non-resident (40%)
- AED 766,000
- Monthly over 25 years at 3.7%
- AED 7,835
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →