703, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Al Majara Tower 2
What is 703 worth today?
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Source: Dubai Land Department. Updated 6 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 974 sqft
- Floor
- 7th of 31
- Parking
- 318
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,700 /yr
- Last sold
- AED 1.28M · July 2015
- Building
- Al Majara Tower 2
About 703, Al Majara Tower 2
703 is a one-bedroom apartment of 974 sqft on the 7th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 1 July 2015 for AED 1,275,000, or AED 1,308 per sqft, 30% below the AED 1,878 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, signed on 6 May 2026, is AED 110,000 a year: a gross yield of 8.6% on the 2015 price, before the service charge of about AED 14,700 a year.
Sales and rents for 703 over time
703 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 703 sits
All 149 1-beds →703 last sold in July 2015 at AED 1,308 per sqft, 30% below what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,878). 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. 703'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 7th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 971 sqft | AED 341KAED 341,400 · Jul 2010July 2010 | 60,000 /yr | |
| 702 | 2-bed | 1,579 sqft | AED 1.25MAED 1,248,300 · Feb 2016February 2016 | 137,500 /yr | |
| 704 | 2-bed | 1,408 sqft | AED 3.58MAED 3,575,000 · Oct 2026October 2026 | 145,000 /yr | |
| 705 | 1-bed | 841 sqft | AED 1.45MAED 1,450,000 · Jan 2023January 2023 | 100,000 /yr | |
| 706 | 1-bed | 945 sqft | AED 450KAED 450,000 · Nov 2008November 2008 | ||
| 707 | 1-bed | 842 sqft | AED 247KAED 246,900 · Dec 2007December 2007 | 105,000 /yr | |
| 708 | 2-bed | 1,303 sqft | AED 1.28MAED 1,275,000 · Apr 2009April 2009 | 170,000 /yr |
703, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 1 July 2015 for AED 1,275,000, or AED 1,308 per sqft.
- Rented since September 2016 on 12 Ejari contracts. The rent fell from AED 128,000 to AED 84,000 in 2021 and recovered to AED 110,000 by May 2026.
- At AED 110,000 a year the gross yield on the 2015 price is 8.6%, before a service charge of about AED 14,700 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 6 May 2026.
Questions about 703, Al Majara Tower 2
What did unit 703 last sell for?
AED 1,275,000 on 1 July 2015, sold by the developer: AED 1,308 per sqft for 974 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 110,000 a year on the contract signed on 6 May 2026. The previous contract, from February 2025, was AED 124,629; the unit has been rented since September 2016.
How big is unit 703?
974 sqft (90.5 sqm): a one-bedroom apartment on the 7th floor of a 31-storey tower completed in 2006.
What is unit 703 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 703, Al Majara Tower 2
Starts from the last sale price (AED 1.28M, 1 July 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,275,000
- Deposit, UAE resident (20%)
- AED 255,000
- Deposit, non-resident (40%)
- AED 510,000
- Monthly over 25 years at 3.7%
- AED 5,216
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →