2301, Al Majara Tower 2
Sold prices and rental history: sold twice, last in April 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2301, Al Majara Tower 2
What is 2301 worth today?
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Source: Dubai Land Department. Updated 22 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 971 sqft
- Floor
- 23rd of 31
- Parking
- 272
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,700 /yr
- Last sold
- AED 900K · April 2012
- Building
- Al Majara Tower 2
About 2301, Al Majara Tower 2
2301 is a one-bedroom apartment of 971 sqft on the 23rd floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 25 April 2012 for AED 900,000, or AED 926 per sqft, in line with the AED 919 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 22 December 2024, is AED 92,400 a year: a gross yield of 10.3% on the 2012 price, before the service charge of about AED 14,700 a year.
Sales and rents for 2301 over time
2301 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 2301 sits
All 149 1-beds →2301 last sold in April 2012 at AED 926 per sqft, in line with what one-beds in Al Majara Tower 2 were fetching at the time (AED 919). 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. 2301's AED 92,400 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 23rd floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2302 | 2-bed | 1,579 sqft | AED 1.45MAED 1,448,300 · Apr 2013April 2013 | ||
| 2303 | 1-bed | 974 sqft | AED 900KAED 900,000 · Nov 2018November 2018 | 110,000 /yr | |
| 2304 | 2-bed | 1,408 sqft | AED 2.35MAED 2,350,000 · Jun 2023June 2023 | 235,000 /yr | |
| 2305 | 1-bed | 841 sqft | AED 1.1MAED 1,100,000 · Jun 2010June 2010 | 90,000 /yr | |
| 2306 | 1-bed | 945 sqft | AED 776KAED 775,800 · Nov 2008November 2008 | ||
| 2307 | 1-bed | 842 sqft | AED 287KAED 286,900 · Jun 2010June 2010 | 100,000 /yr | |
| 2308 | 2-bed | 1,303 sqft | AED 2.65MAED 2,650,000 · Mar 2014March 2014 | 150,000 /yr |
2301, Al Majara Tower 2 in numbers
- Sold twice: first on 5 August 2010 for AED 826,800, last on 25 April 2012 for AED 900,000 (AED 926 per sqft).
- Rented since May 2016 on 11 Ejari contracts. The rent fell from AED 120,000 to AED 75,000 in 2020 and recovered to AED 92,400 by December 2024.
- At AED 92,400 a year the gross yield on the 2012 price is 10.3%, 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 22 December 2024.
Questions about 2301, Al Majara Tower 2
What did unit 2301 last sell for?
AED 900,000 on 25 April 2012: AED 926 per sqft for 971 sqft. The unit has 2 registered sales; the first was AED 826,800 in August 2010.
What is the rent for unit 2301?
AED 92,400 a year on the contract renewed on 22 December 2024. The previous contract, from December 2024, was AED 92,400; the unit has been rented since May 2016.
How big is unit 2301?
971 sqft (90.2 sqm): a one-bedroom apartment on the 23rd floor of a 31-storey tower completed in 2006.
What is unit 2301 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 2301, Al Majara Tower 2
Starts from the last sale price (AED 900K, 25 April 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →