2-bed · 1,303 sqftAl Majara Tower 2, Dubai Marina · 25th floor · completed 2006

2508, Al Majara Tower 2

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2508 · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 548K14 July 2009
Current rentAED 166K /yr27 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2508, Al Majara Tower 2

What is 2508 worth today?

Last sold for AED 547,900 in 2009

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27 Nov 2024RentedRenewal
AED 166,000/yr12 months · AED 127 per sqft
27 Nov 2024RentedRenewal
AED 166,000/yr12 months · AED 127 per sqft
27 Nov 2023RentedNew contract
AED 166,000/yr12 months · AED 127 per sqft
18 Sep 2022RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
1 Jun 2021RentedRenewal
AED 120,000/yr6 months · AED 92 per sqft
1 Jun 2020RentedRenewal
AED 120,000/yr12 months · AED 92 per sqft
1 Jun 2019RentedRenewal
AED 135,000/yr12 months · AED 104 per sqft
1 Jun 2018RentedRenewal
AED 152,000/yr12 months · AED 117 per sqft

Source: Dubai Land Department. Updated 27 November 2024.

Key facts

Type
2-bed apartment
Size
1,303 sqft
Floor
25th of 31
Parking
458
Developer
Emaar
Completed
2006
Service charge
AED 19,700 /yr
Last sold
AED 548K · July 2009

About 2508, Al Majara Tower 2

2508 is a two-bedroom apartment of 1,303 sqft on the 25th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 14 July 2009 for AED 547,900, or AED 420 per sqft, 49% below the AED 827 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 27 November 2024, is AED 166,000 a year: a gross yield of 30.3% on the 2009 price, before the service charge of about AED 19,700 a year.

Sales and rents for 2508 over time

Sales
Unit 2508, each saleTypical two-bed in Al Majara Tower 2
02M4M2008201320182023Typical 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, July 2009: AED 547,900 (AED 420 per sqft)

2508 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2508, 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 2013: AED 170,000 a yearNew contract, June 2014: AED 170,000 a yearNew contract, June 2015: AED 170,000 a yearRenewal, June 2016: AED 170,000 a yearNew contract, June 2017: AED 160,000 a yearRenewal, June 2018: AED 152,000 a yearRenewal, June 2019: AED 135,000 a yearRenewal, June 2020: AED 120,000 a yearRenewal, June 2021: AED 120,000 a yearNew contract, September 2022: AED 140,000 a yearNew contract, November 2023: AED 166,000 a yearRenewal, November 2024: AED 166,000 a yearRenewal, November 2024: AED 166,000 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 2508 sits

All 91 2-beds →

2508 last sold in July 2009 at AED 420 per sqft, 49% below what two-beds in Al Majara Tower 2 were fetching at the time (AED 827). 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. 2508's AED 166,000 is in the lower 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 25th floor

All 246 units in Al Majara Tower 2
Value
25011-bedAED 422K · Oct 2011
25022-bedAED 2.6M · Dec 2024
25031-bedAED 1M · Jul 2011
25042-bedAED 2.15M · Oct 2021
25051-bedAED 747K · Oct 2013
25061-bedAED 790K · Nov 2008
25071-bedAED 1.65M · Feb 2026

2508, Al Majara Tower 2 in numbers

  • Sold once: by Emaar on 14 July 2009 for AED 547,900, or AED 420 per sqft.
  • Rented since June 2013 on 13 Ejari contracts. The rent fell from AED 170,000 to AED 120,000 in 2021 and recovered to AED 166,000 by November 2024.
  • At AED 166,000 a year the gross yield on the 2009 price is 30.3%, before a service charge of about AED 19,700 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 27 November 2024.

Questions about 2508, Al Majara Tower 2

What did unit 2508 last sell for?

AED 547,900 on 14 July 2009, sold by the developer: AED 420 per sqft for 1,303 sqft. It is the only registered sale of the unit.

What is the rent for unit 2508?

AED 166,000 a year on the contract renewed on 27 November 2024. The previous contract, from November 2024, was AED 166,000; the unit has been rented since June 2013.

How big is unit 2508?

1,303 sqft (121.1 sqm): a two-bedroom apartment on the 25th floor of a 31-storey tower completed in 2006.

What is unit 2508 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 2508, Al Majara Tower 2

Starts from the last sale price (AED 548K, 14 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 547,900
Deposit, UAE resident (20%)
AED 109,580
Deposit, non-resident (40%)
AED 219,160
Monthly over 25 years at 3.7%
AED 2,242

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