406, Al Majara Tower 2
Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Al Majara Tower 2
What is 406 worth today?
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Source: Dubai Land Department. Updated 31 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 945 sqft
- Floor
- 4th of 31
- Parking
- 336
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,300 /yr
- Last sold
- AED 1.7M · January 2025
- Building
- Al Majara Tower 2
About 406, Al Majara Tower 2
406 is a one-bedroom apartment of 945 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 15 January 2025 for AED 1,700,000, or AED 1,799 per sqft, 8% below the AED 1,957 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 31 August 2025, is AED 110,000 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 14,300 a year.
Sales and rents for 406 over time
406 has sold 3 times; 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 406 sits
All 149 1-beds →406 last sold in January 2025 at AED 1,799 per sqft, 8% below what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,957). 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. 406's AED 110,000 is in the upper 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 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 | |
| 402 | 2-bed | 1,579 sqft | AED 2.32MAED 2,320,000 · Oct 2024October 2024 | 59,946 /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 | |
| 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 |
406, Al Majara Tower 2 in numbers
- Sold 3 times: first on 19 July 2010 for AED 306,400, last on 15 January 2025 for AED 1,700,000 (AED 1,799 per sqft).
- Rented since April 2013 on 12 Ejari contracts. The rent fell from AED 120,000 to AED 70,000 in 2020 and recovered to AED 110,000 by August 2025.
- At AED 110,000 a year the gross yield on the 2025 price is 6.5%, before a service charge of about AED 14,300 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 31 August 2025.
Questions about 406, Al Majara Tower 2
What did unit 406 last sell for?
AED 1,700,000 on 15 January 2025: AED 1,799 per sqft for 945 sqft. The unit has 3 registered sales; the first was AED 306,400 in July 2010.
What is the rent for unit 406?
AED 110,000 a year on the contract renewed on 31 August 2025. The previous contract, from August 2024, was AED 80,821; the unit has been rented since April 2013.
How big is unit 406?
945 sqft (87.8 sqm): a one-bedroom apartment on the 4th floor of a 31-storey tower completed in 2006.
What is unit 406 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 406, Al Majara Tower 2
Starts from the last sale price (AED 1.7M, 15 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →