407, Al Majara Tower 2
Sold prices and rental history: sold 5 times, last in October 2026, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Al Majara Tower 2
What is 407 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 23 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 842 sqft
- Floor
- 4th of 31
- Parking
- 337
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.43M · October 2026
- Building
- Al Majara Tower 2
About 407, Al Majara Tower 2
407 is a one-bedroom apartment of 842 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 23 October 2026 for AED 1,425,000, or AED 1,692 per sqft, 15% below the AED 1,990 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, renewed on 15 March 2026, is AED 92,500 a year: a gross yield of 6.5% on the 2026 price, before the service charge of about AED 12,700 a year.
Sales and rents for 407 over time
407 has sold 5 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 407 sits
All 149 1-beds →407 last sold in October 2026 at AED 1,692 per sqft, 15% below what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,990). 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. 407's AED 92,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 27 Feb 202627 February 2026 | 842 sqft | 1,650,000 | 1,959 |
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 | |
| 406 | 1-bed | 945 sqft | AED 1.7MAED 1,700,000 · Jan 2025January 2025 | 110,000 /yr | |
| 408 | 2-bed | 1,303 sqft | AED 932KAED 931,888 · Apr 2010April 2010 | 120,000 /yr |
407, Al Majara Tower 2 in numbers
- Sold 5 times: first on 26 October 2010 for AED 650,000, last on 23 October 2026 for AED 1,425,000 (AED 1,692 per sqft).
- Rented since August 2017 on 11 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2020 and recovered to AED 92,500 by March 2026.
- At AED 92,500 a year the gross yield on the 2026 price is 6.5%, 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 2026.
Questions about 407, Al Majara Tower 2
What did unit 407 last sell for?
AED 1,425,000 on 23 October 2026: AED 1,692 per sqft for 842 sqft. The unit has 5 registered sales; the first was AED 650,000 in October 2010.
What is the rent for unit 407?
AED 92,500 a year on the contract renewed on 15 March 2026. The previous contract, from March 2025, was AED 105,000; the unit has been rented since August 2017.
How big is unit 407?
842 sqft (78.2 sqm): a one-bedroom apartment on the 4th floor of a 31-storey tower completed in 2006.
What is unit 407 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.
Selling 407? 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 407, Al Majara Tower 2
Starts from the last sale price (AED 1.43M, 23 October 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,425,000
- Deposit, UAE resident (20%)
- AED 285,000
- Deposit, non-resident (40%)
- AED 570,000
- Monthly over 25 years at 3.7%
- AED 5,830
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →