2701, Al Majara Tower 2
Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2701, Al Majara Tower 2
What is 2701 worth today?
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Source: Dubai Land Department. Updated 27 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 971 sqft
- Floor
- 27th of 31
- Parking
- 366
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,700 /yr
- Last sold
- AED 2.1M · June 2024
- Building
- Al Majara Tower 2
About 2701, Al Majara Tower 2
2701 is a one-bedroom apartment of 971 sqft on the 27th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 27 June 2024 for AED 2,100,000, or AED 2,162 per sqft, 21% above the AED 1,783 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 4 November 2020, is AED 68,000 a year: a gross yield of 3.2% on the 2024 price, before the service charge of about AED 14,700 a year.
Sales and rents for 2701 over time
2701 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 2701 sits
All 149 1-beds →2701 last sold in June 2024 at AED 2,162 per sqft, 21% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,783). 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. 2701's AED 68,000 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 27th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2702 | 2-bed | 1,579 sqft | AED 2.9MAED 2,900,000 · Aug 2013August 2013 | 157,500 /yr | |
| 2703 | 1-bed | 974 sqft | AED 1.2MAED 1,200,000 · Oct 2020October 2020 | 96,000 /yr | |
| 2704 | 2-bed | 1,408 sqft | AED 643KAED 642,900 · Nov 2010November 2010 | 135,000 /yr | |
| 2705 | 1-bed | 841 sqft | AED 761KAED 760,800 · Oct 2011October 2011 | ||
| 2706 | 1-bed | 945 sqft | AED 2MAED 2,000,000 · Feb 2026February 2026 | 125,000 /yr | |
| 2707 | 1-bed | 842 sqft | AED 1.65MAED 1,650,000 · Oct 2014October 2014 | 89,759 /yr | |
| 2708 | 2-bed | 1,303 sqft | AED 558KAED 557,900 · Jul 2010July 2010 |
2701, Al Majara Tower 2 in numbers
- Sold twice: first on 9 September 2022 for AED 1,350,000, last on 27 June 2024 for AED 2,100,000 (AED 2,162 per sqft).
- Rented since April 2013 on 5 Ejari contracts, from AED 89,003 to AED 68,000 a year.
- At AED 68,000 a year the gross yield on the 2024 price is 3.2%, 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 27 June 2024.
Questions about 2701, Al Majara Tower 2
What did unit 2701 last sell for?
AED 2,100,000 on 27 June 2024: AED 2,162 per sqft for 971 sqft. The unit has 2 registered sales; the first was AED 1,350,000 in September 2022.
What is the rent for unit 2701?
AED 68,000 a year on the contract signed on 4 November 2020. The previous contract, from May 2020, was AED 70,000; the unit has been rented since April 2013.
How big is unit 2701?
971 sqft (90.2 sqm): a one-bedroom apartment on the 27th floor of a 31-storey tower completed in 2006.
What is unit 2701 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 2701, Al Majara Tower 2
Starts from the last sale price (AED 2.1M, 27 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →