508, Al Majara Tower 2
Sold prices and rental history: sold 3 times, last in October 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Al Majara Tower 2
What is 508 worth today?
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Source: Dubai Land Department. Updated 7 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,303 sqft
- Floor
- 5th of 31
- Parking
- 307
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 19,700 /yr
- Last sold
- AED 2.2M · October 2025
- Building
- Al Majara Tower 2
About 508, Al Majara Tower 2
508 is a two-bedroom apartment of 1,303 sqft on the 5th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 7 October 2025 for AED 2,200,000, or AED 1,688 per sqft, 28% below the AED 2,340 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 19 November 2019, is AED 90,000 a year: a gross yield of 4.1% on the 2025 price, before the service charge of about AED 19,700 a year.
Sales and rents for 508 over time
508 has sold 3 times; 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 508 sits
All 91 2-beds →508 last sold in October 2025 at AED 1,688 per sqft, 28% below what two-beds in Al Majara Tower 2 were fetching at the time (AED 2,340). 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. 508's AED 90,000 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 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 | ||
| 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, Al Majara Tower 2 in numbers
- Sold 3 times: first on 18 July 2011 for AED 895,800, last on 7 October 2025 for AED 2,200,000 (AED 1,688 per sqft).
- Rented since January 2014 on 5 Ejari contracts, from AED 131,321 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2025 price is 4.1%, before a service charge of about AED 19,700 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 7 October 2025.
Questions about 508, Al Majara Tower 2
What did unit 508 last sell for?
AED 2,200,000 on 7 October 2025: AED 1,688 per sqft for 1,303 sqft. The unit has 3 registered sales; the first was AED 895,800 in July 2011.
What is the rent for unit 508?
AED 90,000 a year on the contract renewed on 19 November 2019. The previous contract, from November 2018, was AED 100,000; the unit has been rented since January 2014.
How big is unit 508?
1,303 sqft (121.1 sqm): a two-bedroom apartment on the 5th floor of a 31-storey tower completed in 2006.
What is unit 508 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 508, Al Majara Tower 2
Starts from the last sale price (AED 2.2M, 7 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →