2901, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2901, Al Majara Tower 2
What is 2901 worth today?
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Source: Dubai Land Department. Updated 30 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 971 sqft
- Floor
- 29th of 31
- Parking
- 386
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,700 /yr
- Last sold
- AED 872K · January 2013
- Building
- Al Majara Tower 2
About 2901, Al Majara Tower 2
2901 is a one-bedroom apartment of 971 sqft on the 29th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 13 January 2013 for AED 871,800, or AED 897 per sqft, 16% below the AED 1,068 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 30 October 2024, is AED 110,000 a year: a gross yield of 12.6% on the 2013 price, before the service charge of about AED 14,700 a year.
Sales and rents for 2901 over time
2901 has sold once; 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 2901 sits
All 149 1-beds →2901 last sold in January 2013 at AED 897 per sqft, 16% below what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,068). 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. 2901's AED 110,000 is in the upper 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 29th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2902 | 2-bed | 1,579 sqft | AED 2.03MAED 2,028,985 · May 2008May 2008 | 175,000 /yr | |
| 2903 | 1-bed | 974 sqft | AED 1.7MAED 1,700,000 · Apr 2017April 2017 | 120,000 /yr | |
| 2904 | 2-bed | 1,408 sqft | AED 3.4MAED 3,400,000 · Sep 2024September 2024 | ||
| 2905 | 1-bed | 841 sqft | AED 1.13MAED 1,125,000 · Jun 2008June 2008 | 90,000 /yr | |
| 2906 | 1-bed | 945 sqft | AED 1.8MAED 1,800,000 · Sep 2014September 2014 | ||
| 2907 | 1-bed | 842 sqft | AED 1.44MAED 1,440,000 · Sep 2025September 2025 | 100,000 /yr | |
| 2908 | 2-bed | 1,303 sqft | AED 1.65MAED 1,650,000 · May 2021May 2021 | 170,000 /yr |
2901, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 13 January 2013 for AED 871,800, or AED 897 per sqft.
- Rented since December 2017 on 9 Ejari contracts. The rent fell from AED 120,000 to AED 75,000 in 2021 and recovered to AED 110,000 by October 2024.
- At AED 110,000 a year the gross yield on the 2013 price is 12.6%, 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 30 October 2024.
Questions about 2901, Al Majara Tower 2
What did unit 2901 last sell for?
AED 871,800 on 13 January 2013, sold by the developer: AED 897 per sqft for 971 sqft. It is the only registered sale of the unit.
What is the rent for unit 2901?
AED 110,000 a year on the contract renewed on 30 October 2024. The previous contract, from October 2024, was AED 110,000; the unit has been rented since December 2017.
How big is unit 2901?
971 sqft (90.2 sqm): a one-bedroom apartment on the 29th floor of a 31-storey tower completed in 2006.
What is unit 2901 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 2901, Al Majara Tower 2
Starts from the last sale price (AED 872K, 13 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 871,800
- Deposit, UAE resident (20%)
- AED 174,360
- Deposit, non-resident (40%)
- AED 348,720
- Monthly over 25 years at 3.7%
- AED 3,567
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →