3-bed · 2,344 sqftAl Majara Tower 2, Dubai Marina · 31st floor · completed 2006

3101, Al Majara Tower 2

Sold prices and rental history: sold twice, last in October 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3101 · DLD and Ejari recordsUpdated 15 November 2022
Last soldAED 2.85M24 October 2021
Current rentAED 155K /yr15 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3101, Al Majara Tower 2

What is 3101 worth today?

Last sold for AED 2,850,000 in 2021

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15 Nov 2022RentedRenewal
AED 155,000/yr12 months · AED 66 per sqft
15 Nov 2021RentedNew contract
AED 155,000/yr12 months · AED 66 per sqft
24 Oct 2021SoldReady
AED 2,850,000AED 1,215 per sqft
15 Nov 2020RentedNew contract
AED 155,000/yr12 months · AED 66 per sqft
10 Oct 2019RentedNew contract
AED 170,000/yr12 months · AED 72 per sqft
3 Sep 2009Sold by developerReady
AED 3,355,000AED 1,431 per sqft

Source: Dubai Land Department. Updated 15 November 2022.

Key facts

Type
3-bed apartment
Size
2,344 sqft
Floor
31st of 31
Parking
396 , 403
Developer
Emaar
Completed
2006
Service charge
AED 35,400 /yr
Last sold
AED 2.85M · October 2021

About 3101, Al Majara Tower 2

3101 is a three-bedroom apartment of 2,344 sqft on the 31st floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 24 October 2021 for AED 2,850,000, or AED 1,215 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 15 November 2022, is AED 155,000 a year: a gross yield of 5.4% on the 2021 price, before the service charge of about AED 35,400 a year.

3-beds in Al Majara Tower 2, and where 3101 sits

All 6 3-beds →

Over the last 12 months three-beds sold for AED 5,850,000, around AED 2,401 per sqft, and rent for AED 280,000 to 280,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
30 Jan 20265,850,000
9 May 20254,750,000
9 May 20245,850,000
2 Feb 20233,100,000
1 3-bed sale 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 31st floor

All 246 units in Al Majara Tower 2
Value
31023-bedAED 5.85M · May 2024
31032-bedAED 1.8M · Dec 2015
31043-bedAED 2.33M · Dec 2011

3101, Al Majara Tower 2 in numbers

  • Sold twice: first on 3 September 2009 for AED 3,355,000, last on 24 October 2021 for AED 2,850,000 (AED 1,215 per sqft).
  • Rented since October 2019 on 4 Ejari contracts, from AED 170,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2021 price is 5.4%, before a service charge of about AED 35,400 a year (AED 15.11 per sqft).
  • Three-beds in Al Majara Tower 2 sold for AED 5,850,000–5,850,000 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 15 November 2022.

Questions about 3101, Al Majara Tower 2

What did unit 3101 last sell for?

AED 2,850,000 on 24 October 2021: AED 1,215 per sqft for 2,344 sqft. The unit has 2 registered sales; the first was AED 3,355,000 in September 2009.

What is the rent for unit 3101?

AED 155,000 a year on the contract renewed on 15 November 2022. The previous contract, from November 2021, was AED 155,000; the unit has been rented since October 2019.

How big is unit 3101?

2,344 sqft (217.8 sqm): a three-bedroom apartment on the 31st floor of a 31-storey tower completed in 2006.

What is unit 3101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Majara Tower 2 sold for AED 5,850,000 to 5,850,000 in the last 12 months, around AED 2,401 per sqft.

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Mortgage on 3101, Al Majara Tower 2

Starts from the last sale price (AED 2.85M, 24 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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