402, Al Majara Tower 2
Sold prices and rental history: sold twice, last in October 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Al Majara Tower 2
What is 402 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 18 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,579 sqft
- Floor
- 4th of 31
- Parking
- 332
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 23,900 /yr
- Last sold
- AED 2.32M · October 2024
- Building
- Al Majara Tower 2
About 402, Al Majara Tower 2
402 is a two-bedroom apartment of 1,579 sqft on the 4th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 18 October 2024 for AED 2,320,000, or AED 1,469 per sqft, 26% below the AED 1,987 two-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 2 January 2021, is AED 59,946 a year: a gross yield of 2.6% on the 2024 price, before the service charge of about AED 23,900 a year.
Sales and rents for 402 over time
402 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Majara Tower 2, and where 402 sits
All 91 2-beds →402 last sold in October 2024 at AED 1,469 per sqft, 26% below what two-beds in Al Majara Tower 2 were fetching at the time (AED 1,987). Over the last 12 months two-beds sold for AED 3,050,000 to 4,150,000, around AED 2,296 per sqft, and rent for AED 110,000 to 235,000 a year. 402's AED 59,946 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 1,408 sqft | 3,575,000 | 2,539 | ||
| 14 Aug 202614 August 2026 | 1,579 sqft | 3,550,000 | 2,248 | ||
| 29 Jun 202629 June 2026 | 1,408 sqft | 3,050,000 | 2,166 | ||
| 3 Jun 20263 June 2026 | 1,579 sqft | 3,700,000 | 2,343 |
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 4th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 971 sqft | AED 2.13MAED 2,125,000 · Jan 2026January 2026 | 115,000 /yr | |
| 403 | 1-bed | 974 sqft | AED 686KAED 685,800 · Jul 2011July 2011 | 130,000 /yr | |
| 404 | 2-bed | 1,408 sqft | AED 1.75MAED 1,750,000 · Jul 2019July 2019 | 165,000 /yr | |
| 405 | 1-bed | 841 sqft | AED 800KAED 800,000 · Oct 2013October 2013 | 80,000 /yr | |
| 406 | 1-bed | 945 sqft | AED 1.7MAED 1,700,000 · Jan 2025January 2025 | 110,000 /yr | |
| 407 | 1-bed | 842 sqft | AED 1.43MAED 1,425,000 · Oct 2026October 2026 | 92,500 /yr | |
| 408 | 2-bed | 1,303 sqft | AED 932KAED 931,888 · Apr 2010April 2010 | 120,000 /yr |
402, Al Majara Tower 2 in numbers
- Sold twice: first on 19 September 2011 for AED 1,210,800, last on 18 October 2024 for AED 2,320,000 (AED 1,469 per sqft).
- Rented since June 2017 on 3 Ejari contracts, from AED 170,000 to AED 59,946 a year.
- At AED 59,946 a year the gross yield on the 2024 price is 2.6%, before a service charge of about AED 23,900 a year (AED 15.11 per sqft).
- Two-beds in Al Majara Tower 2 sold for AED 3,050,000–4,150,000 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 18 October 2024.
Questions about 402, Al Majara Tower 2
What did unit 402 last sell for?
AED 2,320,000 on 18 October 2024: AED 1,469 per sqft for 1,579 sqft. The unit has 2 registered sales; the first was AED 1,210,800 in September 2011.
What is the rent for unit 402?
AED 59,946 a year on the contract signed on 2 January 2021. The previous contract, from November 2019, was AED 80,000; the unit has been rented since June 2017.
How big is unit 402?
1,579 sqft (146.7 sqm): a two-bedroom apartment on the 4th floor of a 31-storey tower completed in 2006.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Majara Tower 2 sold for AED 3,050,000 to 4,150,000 in the last 12 months, around AED 2,296 per sqft.
Selling 402? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 402, Al Majara Tower 2
Starts from the last sale price (AED 2.32M, 18 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,320,000
- Deposit, UAE resident (20%)
- AED 464,000
- Deposit, non-resident (40%)
- AED 928,000
- Monthly over 25 years at 3.7%
- AED 9,492
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →