307, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Al Majara Tower 2
What is 307 worth today?
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Source: Dubai Land Department. Updated 23 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 842 sqft
- Floor
- 3rd of 31
- Parking
- 537
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,700 /yr
- Last sold
- AED 640K · August 2010
- Building
- Al Majara Tower 2
About 307, Al Majara Tower 2
307 is a one-bedroom apartment of 842 sqft on the 3rd floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 8 August 2010 for AED 640,000, or AED 760 per sqft, 12% above the AED 680 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 23 October 2024, is AED 75,000 a year: a gross yield of 11.7% on the 2010 price, before the service charge of about AED 12,700 a year.
Sales and rents for 307 over time
307 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 307 sits
All 149 1-beds →307 last sold in August 2010 at AED 760 per sqft, 12% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 680). 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. 307's AED 75,000 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 3rd floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 971 sqft | AED 1.4MAED 1,400,000 · Jan 2011January 2011 | 120,000 /yr | |
| 302 | 2-bed | 1,579 sqft | AED 3.5MAED 3,500,000 · Feb 2015February 2015 | 175,000 /yr | |
| 303 | 1-bed | 974 sqft | AED 1.82MAED 1,820,000 · Jun 2023June 2023 | 120,000 /yr | |
| 304 | 2-bed | 1,408 sqft | AED 2.53MAED 2,525,000 · Jul 2017July 2017 | 190,000 /yr | |
| 305 | 1-bed | 841 sqft | AED 281KAED 281,400 · May 2010May 2010 | 94,000 /yr | |
| 306 | 1-bed | 945 sqft | AED 700KAED 700,000 · Jul 2013July 2013 | 105,000 /yr | |
| 308 | 2-bed | 1,303 sqft | AED 1.93MAED 1,925,000 · Jul 2017July 2017 | 180,000 /yr |
307, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 8 August 2010 for AED 640,000, or AED 760 per sqft.
- Rented since November 2014 on 12 Ejari contracts, from AED 80,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2010 price is 11.7%, 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 23 October 2024.
Questions about 307, Al Majara Tower 2
What did unit 307 last sell for?
AED 640,000 on 8 August 2010, sold by the developer: AED 760 per sqft for 842 sqft. It is the only registered sale of the unit.
What is the rent for unit 307?
AED 75,000 a year on the contract renewed on 23 October 2024. The previous contract, from October 2024, was AED 75,000; the unit has been rented since November 2014.
How big is unit 307?
842 sqft (78.2 sqm): a one-bedroom apartment on the 3rd floor of a 31-storey tower completed in 2006.
What is unit 307 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 307, Al Majara Tower 2
Starts from the last sale price (AED 640K, 8 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 640,000
- Deposit, UAE resident (20%)
- AED 128,000
- Deposit, non-resident (40%)
- AED 256,000
- Monthly over 25 years at 3.7%
- AED 2,618
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →