2305, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2305, Al Majara Tower 2
What is 2305 worth today?
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Source: Dubai Land Department. Updated 18 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 841 sqft
- Floor
- 23rd of 31
- Parking
- 268
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.1M · June 2010
- Building
- Al Majara Tower 2
About 2305, Al Majara Tower 2
2305 is a one-bedroom apartment of 841 sqft on the 23rd floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 13 June 2010 for AED 1,100,000, or AED 1,307 per sqft, 94% above the AED 675 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 18 November 2024, is AED 90,000 a year: a gross yield of 8.2% on the 2010 price, before the service charge of about AED 12,700 a year.
Sales and rents for 2305 over time
2305 has sold once; 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 2305 sits
All 149 1-beds →2305 last sold in June 2010 at AED 1,307 per sqft, 94% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 675). 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. 2305's AED 90,000 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 | |||||
|---|---|---|---|---|---|
| 2301 | 1-bed | 971 sqft | AED 900KAED 900,000 · Apr 2012April 2012 | 92,400 /yr | |
| 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 | |
| 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 |
2305, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 13 June 2010 for AED 1,100,000, or AED 1,307 per sqft.
- Rented since May 2020 on 5 Ejari contracts, from AED 65,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2010 price is 8.2%, before a service charge of about AED 12,700 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 18 November 2024.
Questions about 2305, Al Majara Tower 2
What did unit 2305 last sell for?
AED 1,100,000 on 13 June 2010, sold by the developer: AED 1,307 per sqft for 841 sqft. It is the only registered sale of the unit.
What is the rent for unit 2305?
AED 90,000 a year on the contract renewed on 18 November 2024. The previous contract, from November 2024, was AED 90,000; the unit has been rented since May 2020.
How big is unit 2305?
841 sqft (78.1 sqm): a one-bedroom apartment on the 23rd floor of a 31-storey tower completed in 2006.
What is unit 2305 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 2305, Al Majara Tower 2
Starts from the last sale price (AED 1.1M, 13 June 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →