2-bed · 1,579 sqftAl Majara Tower 2, Dubai Marina · 21st floor · completed 2006

2102, Al Majara Tower 2

Sold prices and rental history: sold 5 times, last in February 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2102 · DLD and Ejari recordsUpdated 20 February 2023
Last soldAED 3.25M20 February 2023
Current rentAED 88K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2102, Al Majara Tower 2

What is 2102 worth today?

Last sold for AED 3,250,000 in 2023

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20 Feb 2023SoldReady
AED 3,250,000AED 2,058 per sqft
12 Jan 2023SoldReady
AED 2,500,000AED 1,583 per sqft
1 Jul 2021RentedRenewal
AED 88,000/yr12 months · AED 56 per sqft
1 Jul 2020RentedNew contract
AED 95,000/yr12 months · AED 60 per sqft
28 Mar 2020RentedNew contract
AED 100,000/yr12 months · AED 63 per sqft
1 Jan 2019RentedNew contract
AED 100,000/yr12 months · AED 63 per sqft
1 Nov 2016RentedNew contract
AED 122,500/yr12 months · AED 77 per sqft
25 Jun 2015RentedNew contract
AED 165,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 20 February 2023.

Key facts

Type
2-bed apartment
Size
1,579 sqft
Floor
21st of 31
Parking
340
Developer
Emaar
Completed
2006
Service charge
AED 23,900 /yr
Last sold
AED 3.25M · February 2023

About 2102, Al Majara Tower 2

2102 is a two-bedroom apartment of 1,579 sqft on the 21st floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 20 February 2023 for AED 3,250,000, or AED 2,058 per sqft, 30% above the AED 1,583 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 July 2021, is AED 88,000 a year: a gross yield of 2.7% on the 2023 price, before the service charge of about AED 23,900 a year.

Sales and rents for 2102 over time

Sales
Unit 2102, 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, June 2009: AED 1,423,300 (AED 901 per sqft)Sold, July 2011: AED 1,575,000 (AED 997 per sqft)Sold, June 2015: AED 1,275,000 (AED 1,614 per sqft)Sold, January 2023: AED 2,500,000 (AED 1,583 per sqft)Sold, February 2023: AED 3,250,000 (AED 2,058 per sqft)

2102 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2102, 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 160,000New contract, June 2015: AED 165,000 a yearNew contract, November 2016: AED 122,500 a yearNew contract, January 2019: AED 100,000 a yearNew contract, March 2020: AED 100,000 a yearNew contract, July 2020: AED 95,000 a yearRenewal, July 2021: AED 88,000 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 2102 sits

All 91 2-beds →

2102 last sold in February 2023 at AED 2,058 per sqft, 30% above what two-beds in Al Majara Tower 2 were fetching at the time (AED 1,583). 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. 2102's AED 88,000 is at the bottom 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 21st floor

All 246 units in Al Majara Tower 2
Value
21011-bedAED 809K · Jun 2010
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

2102, Al Majara Tower 2 in numbers

  • Sold 5 times: first on 21 June 2009 for AED 1,423,300, last on 20 February 2023 for AED 3,250,000 (AED 2,058 per sqft).
  • Rented since June 2015 on 6 Ejari contracts, from AED 165,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2023 price is 2.7%, before a service charge of about AED 23,900 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 20 February 2023.

Questions about 2102, Al Majara Tower 2

What did unit 2102 last sell for?

AED 3,250,000 on 20 February 2023: AED 2,058 per sqft for 1,579 sqft. The unit has 5 registered sales; the first was AED 1,423,300 in June 2009.

What is the rent for unit 2102?

AED 88,000 a year on the contract renewed on 1 July 2021. The previous contract, from July 2020, was AED 95,000; the unit has been rented since June 2015.

How big is unit 2102?

1,579 sqft (146.7 sqm): a two-bedroom apartment on the 21st floor of a 31-storey tower completed in 2006.

What is unit 2102 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 2102, Al Majara Tower 2

Starts from the last sale price (AED 3.25M, 20 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

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