3-bed · 2,250 sqftAl Majara Tower 2, Dubai Marina · 31st floor · completed 2006

3102, Al Majara Tower 2

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3102 · DLD and Ejari recordsUpdated 9 May 2024
Last soldAED 5.85M9 May 2024
Current rentAED 15K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3102, Al Majara Tower 2

What is 3102 worth today?

Last sold for AED 5,850,000 in 2024

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9 May 2024SoldReady
AED 5,850,000AED 2,600 per sqft
1 Jan 2024RentedNew contract · flagged as an outlier
AED 14,960/yr12 months · AED 7 per sqft
2 Feb 2023SoldReady
AED 3,100,000AED 1,377 per sqft
1 May 2021RentedNew contract
AED 150,000/yr12 months · AED 67 per sqft
13 Jan 2021SoldReady
AED 2,300,000AED 1,022 per sqft
1 May 2019RentedNew contract
AED 155,000/yr12 months · AED 69 per sqft
25 Feb 2016RentedRenewal
AED 240,000/yr12 months · AED 107 per sqft
25 Feb 2015RentedNew contract
AED 240,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 9 May 2024.

Key facts

Type
3-bed apartment
Size
2,250 sqft
Floor
31st of 31
Parking
395 , 404
Developer
Emaar
Completed
2006
Service charge
AED 34,000 /yr
Last sold
AED 5.85M · May 2024

About 3102, Al Majara Tower 2

3102 is a three-bedroom apartment of 2,250 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 9 May 2024 for AED 5,850,000, or AED 2,600 per sqft.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 1 January 2024, is AED 14,960 a year: a gross yield of 0.3% on the 2024 price, before the service charge of about AED 34,000 a year.

3-beds in Al Majara Tower 2, and where 3102 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
21 Jun 20224,900,000
24 Oct 20212,850,000
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
31013-bedAED 2.85M · Oct 2021
31032-bedAED 1.8M · Dec 2015
31043-bedAED 2.33M · Dec 2011

3102, Al Majara Tower 2 in numbers

  • Sold 4 times: first on 25 June 2009 for AED 2,606,888, last on 9 May 2024 for AED 5,850,000 (AED 2,600 per sqft).
  • Rented since March 2012 on 7 Ejari contracts, from AED 130,000 to AED 14,960 a year.
  • At AED 14,960 a year the gross yield on the 2024 price is 0.3%, before a service charge of about AED 34,000 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 9 May 2024.

Questions about 3102, Al Majara Tower 2

What did unit 3102 last sell for?

AED 5,850,000 on 9 May 2024: AED 2,600 per sqft for 2,250 sqft. The unit has 4 registered sales; the first was AED 2,606,888 in June 2009.

What is the rent for unit 3102?

AED 14,960 a year on the contract signed on 1 January 2024. The previous contract, from May 2021, was AED 150,000; the unit has been rented since March 2012.

How big is unit 3102?

2,250 sqft (209.0 sqm): a three-bedroom apartment on the 31st floor of a 31-storey tower completed in 2006.

What is unit 3102 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 3102, Al Majara Tower 2

Starts from the last sale price (AED 5.85M, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,850,000
Deposit, UAE resident (20%)
AED 1,170,000
Deposit, non-resident (40%)
AED 2,340,000
Monthly over 25 years at 3.7%
AED 23,934

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