1-bed · 841 sqftAl Majara Tower 2, Dubai Marina · 28th floor · completed 2006

2805, Al Majara Tower 2

Sold prices and rental history: sold once, by the developer in May 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2805 · DLD and Ejari recordsUpdated 22 September 2021
Last soldAED 384K19 May 2010
Current rentAED 67K /yr22 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2805, Al Majara Tower 2

What is 2805 worth today?

Last sold for AED 383,900 in 2010

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22 Sep 2021RentedNew contract
AED 67,000/yr12 months · AED 80 per sqft
8 Aug 2021RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
15 Jun 2017RentedNew contract
AED 109,000/yr12 months · AED 130 per sqft
29 Dec 2015RentedNew contract
AED 115,000/yr12 months · AED 137 per sqft
5 Dec 2014RentedNew contract
AED 115,000/yr12 months · AED 137 per sqft
20 Oct 2013RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
19 May 2010Sold by developerReady
AED 383,900AED 456 per sqft

Source: Dubai Land Department. Updated 22 September 2021.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
28th of 31
Parking
390
Developer
Emaar
Completed
2006
Service charge
AED 12,700 /yr
Last sold
AED 384K · May 2010

About 2805, Al Majara Tower 2

2805 is a one-bedroom apartment of 841 sqft on the 28th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 19 May 2010 for AED 383,900, or AED 456 per sqft, 31% below the AED 662 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 22 September 2021, is AED 67,000 a year: a gross yield of 17.4% on the 2010 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2805 over time

Sales
Unit 2805, 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, May 2010: AED 383,900 (AED 456 per sqft)

2805 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2805, each contractTypical one-bed in Al Majara Tower 2
50K100K20112015201920232027Typical 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, October 2013: AED 85,000 a yearNew contract, December 2014: AED 115,000 a yearNew contract, December 2015: AED 115,000 a yearNew contract, June 2017: AED 109,000 a yearNew contract, August 2021: AED 60,000 a yearNew contract, September 2021: AED 67,000 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 2805 sits

All 149 1-beds →

2805 last sold in May 2010 at AED 456 per sqft, 31% below what one-beds in Al Majara Tower 2 were fetching at the time (AED 662). 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. 2805's AED 67,000 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 28th floor

All 246 units in Al Majara Tower 2
Value
28011-bedAED 1.87M · Sep 2015
28022-bedAED 2.8M · Jul 2016
28031-bedAED 1.45M · Jun 2022
28042-bedAED 1.3M · Mar 2011
28061-bedAED 1.49M · Feb 2017
28071-bedAED 1.7M · Nov 2014
28082-bedAED 1.9M · Feb 2022

2805, Al Majara Tower 2 in numbers

  • Sold once: by Emaar on 19 May 2010 for AED 383,900, or AED 456 per sqft.
  • Rented since October 2013 on 6 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2021 and recovered to AED 67,000 by September 2021.
  • At AED 67,000 a year the gross yield on the 2010 price is 17.4%, 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 22 September 2021.

Questions about 2805, Al Majara Tower 2

What did unit 2805 last sell for?

AED 383,900 on 19 May 2010, sold by the developer: AED 456 per sqft for 841 sqft. It is the only registered sale of the unit.

What is the rent for unit 2805?

AED 67,000 a year on the contract signed on 22 September 2021. The previous contract, from August 2021, was AED 60,000; the unit has been rented since October 2013.

How big is unit 2805?

841 sqft (78.1 sqm): a one-bedroom apartment on the 28th floor of a 31-storey tower completed in 2006.

What is unit 2805 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 2805, Al Majara Tower 2

Starts from the last sale price (AED 384K, 19 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 383,900
Deposit, UAE resident (20%)
AED 76,780
Deposit, non-resident (40%)
AED 153,560
Monthly over 25 years at 3.7%
AED 1,571

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