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1-bed · 945 sqftAl Majara Tower 2, Dubai Marina · 29th floor · completed 2006

2906, Al Majara Tower 2

Sold prices and rental history: sold twice, last in September 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2906 · DLD and Ejari recordsUpdated 21 September 2014
Last soldAED 1.8M21 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2906, Al Majara Tower 2

What is 2906 worth today?

Last sold for AED 1,800,000 in 2014

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21 Sep 2014SoldReady
AED 1,800,000AED 1,904 per sqft
28 Oct 2008Sold by developerReady
AED 950,000AED 1,005 per sqft

Source: Dubai Land Department. Updated 21 September 2014.

Key facts

Type
1-bed apartment
Size
945 sqft
Floor
29th of 31
Parking
379
Developer
Emaar
Completed
2006
Service charge
AED 14,300 /yr
Last sold
AED 1.8M · September 2014
Building
Al Majara Tower 2

About 2906, Al Majara Tower 2

2906 is a one-bedroom apartment of 945 sqft on the 29th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 21 September 2014 for AED 1,800,000, or AED 1,904 per sqft, 7% above the AED 1,773 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2906 over time

Sales
Unit 2906, 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, October 2008: AED 950,000 (AED 1,005 per sqft)Sold, September 2014: AED 1,800,000 (AED 1,904 per sqft)

2906 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2906, 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 105,000

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 2906 sits

All 149 1-beds →

2906 last sold in September 2014 at AED 1,904 per sqft, 7% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,773). 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.

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 29th floor

All 246 units in Al Majara Tower 2
Value
29011-bedAED 872K · Jan 2013
29022-bedAED 2.03M · May 2008
29031-bedAED 1.7M · Apr 2017
29042-bedAED 3.4M · Sep 2024
29051-bedAED 1.13M · Jun 2008
29071-bedAED 1.44M · Sep 2025
29082-bedAED 1.65M · May 2021

2906, Al Majara Tower 2 in numbers

  • Sold twice: first on 28 October 2008 for AED 950,000, last on 21 September 2014 for AED 1,800,000 (AED 1,904 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 21 September 2014.

Questions about 2906, Al Majara Tower 2

What did unit 2906 last sell for?

AED 1,800,000 on 21 September 2014: AED 1,904 per sqft for 945 sqft. The unit has 2 registered sales; the first was AED 950,000 in October 2008.

How big is unit 2906?

945 sqft (87.8 sqm): a one-bedroom apartment on the 29th floor of a 31-storey tower completed in 2006.

What is unit 2906 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 2906, Al Majara Tower 2

Starts from the last sale price (AED 1.8M, 21 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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