1-bed · 486 sqftAl Majara Tower 2, Dubai Marina · 21st floor · completed 2006

2101, Al Majara Tower 2

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2101 · DLD and Ejari recordsUpdated 16 June 2019
Last soldAED 809K10 June 2010
Current rentAED 83K /yr16 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2101, Al Majara Tower 2

What is 2101 worth today?

Last sold for AED 808,800 in 2010

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16 Jun 2019RentedNew contract
AED 83,000/yr12 months · AED 86 per sqft
15 May 2018RentedRenewal
AED 130,000/yr12 months · AED 134 per sqft
15 May 2017RentedNew contract
AED 130,000/yr12 months · AED 134 per sqft
9 Apr 2016RentedRenewal
AED 135,000/yr12 months · AED 139 per sqft
9 Apr 2015RentedNew contract
AED 135,000/yr12 months · AED 139 per sqft
10 Jun 2010Sold by developerReady
AED 808,800AED 832 per sqft

Source: Dubai Land Department. Updated 16 June 2019.

Key facts

Type
1-bed apartment
Size
486 sqft
Floor
21st of 31
Parking
339
Developer
Emaar
Completed
2006
Service charge
AED 7,300 /yr
Last sold
AED 809K · June 2010

About 2101, Al Majara Tower 2

2101 is a one-bedroom apartment of 486 sqft on the 21st floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 10 June 2010 for AED 808,800, or AED 832 per sqft, 24% above the AED 672 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 16 June 2019, is AED 83,000 a year: a gross yield of 10.3% on the 2010 price, before the service charge of about AED 7,300 a year.

Sales and rents for 2101 over time

Sales
Unit 2101, each saleTypical one-bed in Al Majara Tower 2
1M2M20072012201720222027Typical sale price by year: 2007 AED 402,950; 2008 AED 880,000; 2009 AED 799,800; 2010 AED 640,000; 2011 AED 732,400; 2012 AED 1,000,000; 2013 AED 990,000; 2014 AED 1,650,000; 2015 AED 1,600,000; 2016 AED 1,450,000; 2017 AED 1,495,000; 2018 AED 1,215,328; 2019 AED 1,085,000; 2020 AED 1,000,000; 2021 AED 1,100,000; 2022 AED 1,450,000; 2023 AED 1,500,000; 2024 AED 1,825,000; 2025 AED 1,825,000; 2026 AED 1,675,000Sold by developer, June 2010: AED 808,800 (AED 832 per sqft)

2101 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2101, each contractTypical one-bed in Al Majara Tower 2
100K20112015201920232027Typical rent by year: 2011 AED 65,000; 2012 AED 75,000; 2013 AED 95,000; 2014 AED 113,000; 2015 AED 120,000; 2016 AED 119,678; 2017 AED 105,000; 2018 AED 92,000; 2019 AED 80,002; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 81,950; 2023 AED 90,000; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 105,000New contract, April 2015: AED 135,000 a yearRenewal, April 2016: AED 135,000 a yearNew contract, May 2017: AED 130,000 a yearRenewal, May 2018: AED 130,000 a yearNew contract, June 2019: AED 83,000 a year

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 2101 sits

All 149 1-beds →

2101 last sold in June 2010 at AED 832 per sqft, 24% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 672). 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. 2101's AED 83,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 20261,425,000
11 Sep 20262,110,000
21 Jul 20261,700,000
21 May 20261,400,000
8 1-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 21st floor

All 246 units in Al Majara Tower 2
Value
21022-bedAED 3.25M · Feb 2023
21031-bedAED 1M · Mar 2012
21042-bedAED 1.5M · Oct 2009
21051-bedAED 1.05M · Feb 2021
21061-bedAED 975K · May 2012
21071-bedAED 564K · Aug 2009
21082-bedAED 700K · Aug 2010

2101, Al Majara Tower 2 in numbers

  • Sold once: by Emaar on 10 June 2010 for AED 808,800, or AED 832 per sqft.
  • Rented since April 2015 on 5 Ejari contracts, from AED 135,000 to AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2010 price is 10.3%, before a service charge of about AED 7,300 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 16 June 2019.

Questions about 2101, Al Majara Tower 2

What did unit 2101 last sell for?

AED 808,800 on 10 June 2010, sold by the developer: AED 832 per sqft for 486 sqft. It is the only registered sale of the unit.

What is the rent for unit 2101?

AED 83,000 a year on the contract signed on 16 June 2019. The previous contract, from May 2018, was AED 130,000; the unit has been rented since April 2015.

How big is unit 2101?

486 sqft (45.2 sqm): a one-bedroom apartment on the 21st floor of a 31-storey tower completed in 2006.

What is unit 2101 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 2101, Al Majara Tower 2

Starts from the last sale price (AED 809K, 10 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 808,800
Deposit, UAE resident (20%)
AED 161,760
Deposit, non-resident (40%)
AED 323,520
Monthly over 25 years at 3.7%
AED 3,309

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