2-bed · 1,579 sqftAl Majara Tower 2, Dubai Marina · 24th floor · completed 2006

2402, Al Majara Tower 2

Sold prices and rental history: sold 3 times, last in May 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2402 · DLD and Ejari recordsUpdated 15 May 2025
Last soldAED 1.85M21 May 2019
Current rentAED 230K /yr15 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, Al Majara Tower 2

What is 2402 worth today?

Last sold for AED 1,850,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 May 2025RentedNew contract
AED 230,000/yr12 months · AED 146 per sqft
15 May 2025RentedNew contract
AED 230,000/yr12 months · AED 146 per sqft
21 May 2019SoldReady
AED 1,850,000AED 1,171 per sqft
22 Jun 2018RentedRenewal
AED 122,576/yr6 months · AED 77 per sqft
22 Jun 2017RentedNew contract
AED 155,000/yr12 months · AED 98 per sqft
15 Jun 2016RentedRenewal
AED 180,000/yr12 months · AED 114 per sqft
15 Jun 2015RentedNew contract
AED 180,000/yr12 months · AED 114 per sqft
25 Mar 2014RentedNew contract
AED 180,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 15 May 2025.

Key facts

Type
2-bed apartment
Size
1,579 sqft
Floor
24th of 31
Parking
258
Developer
Emaar
Completed
2006
Service charge
AED 23,900 /yr
Last sold
AED 1.85M · May 2019

About 2402, Al Majara Tower 2

2402 is a two-bedroom apartment of 1,579 sqft on the 24th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 21 May 2019 for AED 1,850,000, or AED 1,171 per sqft, 15% below the AED 1,377 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 15 May 2025, is AED 230,000 a year: a gross yield of 12.4% on the 2019 price, before the service charge of about AED 23,900 a year.

Sales and rents for 2402 over time

Sales
Unit 2402, 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, March 2010: AED 2,448,000 (AED 1,550 per sqft)Sold, January 2014: AED 3,000,000 (AED 1,899 per sqft)Sold, May 2019: AED 1,850,000 (AED 1,171 per sqft)

2402 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2402, each contractTypical two-bed in Al Majara Tower 2
100K200K2012201620202024Typical 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, March 2013: AED 170,000 a yearNew contract, March 2014: AED 180,000 a yearNew contract, June 2015: AED 180,000 a yearRenewal, June 2016: AED 180,000 a yearNew contract, June 2017: AED 155,000 a yearRenewal, June 2018: AED 122,576 a yearNew contract, May 2025: AED 230,000 a yearNew contract, May 2025: AED 230,000 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 2402 sits

All 91 2-beds →

2402 last sold in May 2019 at AED 1,171 per sqft, 15% below what two-beds in Al Majara Tower 2 were fetching at the time (AED 1,377). 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. 2402's AED 230,000 is in the upper half 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 24th floor

All 246 units in Al Majara Tower 2
Value
24011-bedAED 543K · Jul 2019
24031-bedAED 1M · Jun 2020
24042-bedAED 1.73M · Apr 2019
24051-bedAED 1.65M · May 2014
24061-bedAED 783K · Nov 2008
24071-bedAED 1.6M · Jan 2026
24082-bedAED 1.94M · Nov 2021

2402, Al Majara Tower 2 in numbers

  • Sold 3 times: first on 21 March 2010 for AED 2,448,000, last on 21 May 2019 for AED 1,850,000 (AED 1,171 per sqft).
  • Rented since March 2013 on 8 Ejari contracts. The rent fell from AED 170,000 to AED 122,576 in 2018 and recovered to AED 230,000 by May 2025.
  • At AED 230,000 a year the gross yield on the 2019 price is 12.4%, 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 15 May 2025.

Questions about 2402, Al Majara Tower 2

What did unit 2402 last sell for?

AED 1,850,000 on 21 May 2019: AED 1,171 per sqft for 1,579 sqft. The unit has 3 registered sales; the first was AED 2,448,000 in March 2010.

What is the rent for unit 2402?

AED 230,000 a year on the contract signed on 15 May 2025. The previous contract, from May 2025, was AED 230,000; the unit has been rented since March 2013.

How big is unit 2402?

1,579 sqft (146.7 sqm): a two-bedroom apartment on the 24th floor of a 31-storey tower completed in 2006.

What is unit 2402 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.

Selling 2402? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2402, Al Majara Tower 2

Starts from the last sale price (AED 1.85M, 21 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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