1-bed · 842 sqftAl Majara Tower 2, Dubai Marina · 27th floor · completed 2006

2707, Al Majara Tower 2

Sold prices and rental history: sold twice, last in October 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2707 · DLD and Ejari recordsUpdated 16 October 2018
Last soldAED 1.65M1 October 2014
Current rentAED 90K /yr16 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2707, Al Majara Tower 2

What is 2707 worth today?

Last sold for AED 1,650,000 in 2014

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16 Oct 2018RentedNew contract
AED 89,759/yr12 months · AED 107 per sqft
1 Oct 2014SoldReady
AED 1,650,000AED 1,959 per sqft
22 Mar 2013RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
8 Feb 2009Sold by developerReady
AED 1,091,400AED 1,296 per sqft

Source: Dubai Land Department. Updated 16 October 2018.

Key facts

Type
1-bed apartment
Size
842 sqft
Floor
27th of 31
Parking
372
Developer
Emaar
Completed
2006
Service charge
AED 12,700 /yr
Last sold
AED 1.65M · October 2014

About 2707, Al Majara Tower 2

2707 is a one-bedroom apartment of 842 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 1 October 2014 for AED 1,650,000, or AED 1,959 per sqft, 8% above the AED 1,817 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 16 October 2018, is AED 89,759 a year: a gross yield of 5.4% on the 2014 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2707 over time

Sales
Unit 2707, each saleTypical one-bed in Al Majara Tower 2
1M2M20072012201720222027Typical sale price by year: 2007 AED 402,950; 2008 AED 880,000; 2009 AED 799,800; 2010 AED 640,000; 2011 AED 732,400; 2012 AED 1,000,000; 2013 AED 990,000; 2014 AED 1,650,000; 2015 AED 1,600,000; 2016 AED 1,450,000; 2017 AED 1,495,000; 2018 AED 1,215,328; 2019 AED 1,085,000; 2020 AED 1,000,000; 2021 AED 1,100,000; 2022 AED 1,450,000; 2023 AED 1,500,000; 2024 AED 1,825,000; 2025 AED 1,825,000; 2026 AED 1,675,000Sold by developer, February 2009: AED 1,091,400 (AED 1,296 per sqft)Sold, October 2014: AED 1,650,000 (AED 1,959 per sqft)

2707 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2707, each contractTypical one-bed in Al Majara Tower 2
75K100K125K20112015201920232027Typical rent by year: 2011 AED 65,000; 2012 AED 75,000; 2013 AED 95,000; 2014 AED 113,000; 2015 AED 120,000; 2016 AED 119,678; 2017 AED 105,000; 2018 AED 92,000; 2019 AED 80,002; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 81,950; 2023 AED 90,000; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 105,000New contract, March 2013: AED 85,000 a yearNew contract, October 2018: AED 89,759 a year

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 2707 sits

All 149 1-beds →

2707 last sold in October 2014 at AED 1,959 per sqft, 8% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,817). 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. 2707's AED 89,759 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 20261,425,000
11 Sep 20262,110,000
21 Jul 20261,700,000
21 May 20261,400,000
8 1-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 27th floor

All 246 units in Al Majara Tower 2
Value
27011-bedAED 2.1M · Jun 2024
27022-bedAED 2.9M · Aug 2013
27031-bedAED 1.2M · Oct 2020
27042-bedAED 643K · Nov 2010
27051-bedAED 761K · Oct 2011
27061-bedAED 2M · Feb 2026
27082-bedAED 558K · Jul 2010

2707, Al Majara Tower 2 in numbers

  • Sold twice: first on 8 February 2009 for AED 1,091,400, last on 1 October 2014 for AED 1,650,000 (AED 1,959 per sqft).
  • Rented since March 2013 on 2 Ejari contracts, from AED 85,000 to AED 89,759 a year.
  • At AED 89,759 a year the gross yield on the 2014 price is 5.4%, 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 16 October 2018.

Questions about 2707, Al Majara Tower 2

What did unit 2707 last sell for?

AED 1,650,000 on 1 October 2014: AED 1,959 per sqft for 842 sqft. The unit has 2 registered sales; the first was AED 1,091,400 in February 2009.

What is the rent for unit 2707?

AED 89,759 a year on the contract signed on 16 October 2018. The previous contract, from March 2013, was AED 85,000.

How big is unit 2707?

842 sqft (78.2 sqm): a one-bedroom apartment on the 27th floor of a 31-storey tower completed in 2006.

What is unit 2707 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 2707, Al Majara Tower 2

Starts from the last sale price (AED 1.65M, 1 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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