2703, Al Majara Tower 2
Sold prices and rental history: sold 3 times, last in October 2020, and rented once, from February 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2703, Al Majara Tower 2
What is 2703 worth today?
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Source: Dubai Land Department. Updated 4 October 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 974 sqft
- Floor
- 27th of 31
- Parking
- 368
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,700 /yr
- Last sold
- AED 1.2M · October 2020
- Building
- Al Majara Tower 2
About 2703, Al Majara Tower 2
2703 is a one-bedroom apartment of 974 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 4 October 2020 for AED 1,200,000, or AED 1,231 per sqft, 6% above the AED 1,159 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 24 February 2020. The current contract, signed on 24 February 2020, is AED 96,000 a year: a gross yield of 8.0% on the 2020 price, before the service charge of about AED 14,700 a year.
Sales and rents for 2703 over time
2703 has sold 3 times; 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 2703 sits
All 149 1-beds →2703 last sold in October 2020 at AED 1,231 per sqft, 6% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,159). 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. 2703's AED 96,000 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 | |||||
|---|---|---|---|---|---|
| 2701 | 1-bed | 971 sqft | AED 2.1MAED 2,100,000 · Jun 2024June 2024 | 68,000 /yr | |
| 2702 | 2-bed | 1,579 sqft | AED 2.9MAED 2,900,000 · Aug 2013August 2013 | 157,500 /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 |
2703, Al Majara Tower 2 in numbers
- Sold 3 times: first on 30 June 2010 for AED 915,800, last on 4 October 2020 for AED 1,200,000 (AED 1,231 per sqft).
- Rented since February 2020 on one Ejari contract, at AED 96,000 a year.
- At AED 96,000 a year the gross yield on the 2020 price is 8.0%, 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 4 October 2020.
Questions about 2703, Al Majara Tower 2
What did unit 2703 last sell for?
AED 1,200,000 on 4 October 2020: AED 1,231 per sqft for 974 sqft. The unit has 3 registered sales; the first was AED 915,800 in June 2010.
What is the rent for unit 2703?
AED 96,000 a year on the contract signed on 24 February 2020.
How big is unit 2703?
974 sqft (90.5 sqm): a one-bedroom apartment on the 27th floor of a 31-storey tower completed in 2006.
What is unit 2703 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 2703, Al Majara Tower 2
Starts from the last sale price (AED 1.2M, 4 October 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →