502, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in January 2009, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Al Majara Tower 2
What is 502 worth today?
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Source: Dubai Land Department. Updated 5 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,579 sqft
- Floor
- 5th of 31
- Parking
- 301
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 23,900 /yr
- Last sold
- AED 2.1M · January 2009
- Building
- Al Majara Tower 2
About 502, Al Majara Tower 2
502 is a two-bedroom apartment of 1,579 sqft on the 5th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 5 January 2009 for AED 2,100,000, or AED 1,329 per sqft, 6% above the AED 1,256 two-beds in the building were fetching at the time.
It has been rented continuously since 2011 on 18 Ejari contracts. The current contract, signed on 5 December 2025, is AED 185,000 a year: a gross yield of 8.8% on the 2009 price, before the service charge of about AED 23,900 a year.
Sales and rents for 502 over time
502 has sold once; 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 502 sits
All 91 2-beds →502 last sold in January 2009 at AED 1,329 per sqft, 6% above what two-beds in Al Majara Tower 2 were fetching at the time (AED 1,256). 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. 502's AED 185,000 is in the upper half 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 5th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 971 sqft | AED 1.13MAED 1,130,000 · Apr 2008April 2008 | 110,000 /yr | |
| 503 | 1-bed | 974 sqft | AED 2.3MAED 2,300,000 · Nov 2024November 2024 | 100,000 /yr | |
| 504 | 2-bed | 1,408 sqft | AED 1.45MAED 1,450,000 · Jun 2011June 2011 | ||
| 505 | 1-bed | 841 sqft | AED 577KAED 576,800 · Aug 2010August 2010 | 88,000 /yr | |
| 506 | 1-bed | 945 sqft | AED 1.42MAED 1,415,000 · Jun 2024June 2024 | 105,000 /yr | |
| 507 | 1-bed | 842 sqft | AED 1.03MAED 1,025,000 · Jan 2019January 2019 | 75,000 /yr | |
| 508 | 2-bed | 1,303 sqft | AED 2.2MAED 2,200,000 · Oct 2025October 2025 | 90,000 /yr |
502, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 5 January 2009 for AED 2,100,000, or AED 1,329 per sqft.
- Rented since October 2011 on 18 Ejari contracts. The rent fell from AED 150,000 to AED 90,000 in 2020 and recovered to AED 185,000 by December 2025.
- At AED 185,000 a year the gross yield on the 2009 price is 8.8%, 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 5 December 2025.
Questions about 502, Al Majara Tower 2
What did unit 502 last sell for?
AED 2,100,000 on 5 January 2009, sold by the developer: AED 1,329 per sqft for 1,579 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 185,000 a year on the contract signed on 5 December 2025. The previous contract, from February 2025, was AED 170,000; the unit has been rented since October 2011.
How big is unit 502?
1,579 sqft (146.7 sqm): a two-bedroom apartment on the 5th floor of a 31-storey tower completed in 2006.
What is unit 502 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.
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Mortgage on 502, Al Majara Tower 2
Starts from the last sale price (AED 2.1M, 5 January 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →