505, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Al Majara Tower 2
What is 505 worth today?
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Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 841 sqft
- Floor
- 5th of 31
- Parking
- 304
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,700 /yr
- Last sold
- AED 577K · August 2010
- Building
- Al Majara Tower 2
About 505, Al Majara Tower 2
505 is a one-bedroom apartment of 841 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 August 2010 for AED 576,800, or AED 685 per sqft, in line with the AED 675 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 17 Ejari contracts. The current contract, signed on 25 September 2026, is AED 88,000 a year: a gross yield of 15.3% on the 2010 price, before the service charge of about AED 12,700 a year.
Sales and rents for 505 over time
505 has sold once; 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 505 sits
All 149 1-beds →505 last sold in August 2010 at AED 685 per sqft, in line with what one-beds in Al Majara Tower 2 were fetching at the time (AED 675). 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. 505's AED 88,000 is in the lower 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 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 | |
| 502 | 2-bed | 1,579 sqft | AED 2.1MAED 2,100,000 · Jan 2009January 2009 | 185,000 /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 | ||
| 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 |
505, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 5 August 2010 for AED 576,800, or AED 685 per sqft.
- Rented since August 2012 on 17 Ejari contracts. The rent fell from AED 80,000 to AED 50,769 in 2020 and recovered to AED 88,000 by September 2026.
- At AED 88,000 a year the gross yield on the 2010 price is 15.3%, 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 25 September 2026.
Questions about 505, Al Majara Tower 2
What did unit 505 last sell for?
AED 576,800 on 5 August 2010, sold by the developer: AED 685 per sqft for 841 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 88,000 a year on the contract signed on 25 September 2026. The previous contract, from March 2026, was AED 82,000; the unit has been rented since August 2012.
How big is unit 505?
841 sqft (78.1 sqm): a one-bedroom apartment on the 5th floor of a 31-storey tower completed in 2006.
What is unit 505 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 505, Al Majara Tower 2
Starts from the last sale price (AED 577K, 5 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 576,800
- Deposit, UAE resident (20%)
- AED 115,360
- Deposit, non-resident (40%)
- AED 230,720
- Monthly over 25 years at 3.7%
- AED 2,360
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →