704, Al Majara Tower 2
Sold prices and rental history: sold 3 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 704, Al Majara Tower 2
What is 704 worth today?
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Source: Dubai Land Department. Updated 2 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,408 sqft
- Floor
- 7th of 31
- Parking
- 319
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 21,300 /yr
- Last sold
- AED 3.58M · October 2026
- Building
- Al Majara Tower 2
About 704, Al Majara Tower 2
704 is a two-bedroom apartment of 1,408 sqft on the 7th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 2 October 2026 for AED 3,575,000, or AED 2,539 per sqft, 13% above the AED 2,248 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 145,000 a year: a gross yield of 4.1% on the 2026 price, before the service charge of about AED 21,300 a year.
Sales and rents for 704 over time
704 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 704 sits
All 91 2-beds →704 last sold in October 2026 at AED 2,539 per sqft, 13% above what two-beds in Al Majara Tower 2 were fetching at the time (AED 2,248). 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. 704's AED 145,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Aug 202614 August 2026 | 1,579 sqft | 3,550,000 | 2,248 | ||
| 3 Jun 20263 June 2026 | 1,579 sqft | 3,700,000 | 2,343 | ||
| 13 Mar 202613 March 2026 | 1,579 sqft | 3,200,000 | 2,026 | ||
| 11 Dec 202511 December 2025 | 1,579 sqft | 4,150,000 | 2,628 |
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 | |
| 703 | 1-bed | 974 sqft | AED 1.28MAED 1,275,000 · Jul 2015July 2015 | 110,000 /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 |
704, Al Majara Tower 2 in numbers
- Sold 3 times: first on 20 April 2017 for AED 1,045,800, last on 2 October 2026 for AED 3,575,000 (AED 2,539 per sqft).
- Rented since May 2017 on 9 Ejari contracts. The rent fell from AED 180,000 to AED 110,000 in 2022 and recovered to AED 145,000 by November 2024.
- At AED 145,000 a year the gross yield on the 2026 price is 4.1%, before a service charge of about AED 21,300 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 2 October 2026.
Questions about 704, Al Majara Tower 2
What did unit 704 last sell for?
AED 3,575,000 on 2 October 2026: AED 2,539 per sqft for 1,408 sqft. The unit has 3 registered sales; the first was AED 1,045,800 in April 2017.
What is the rent for unit 704?
AED 145,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2024, was AED 145,000; the unit has been rented since May 2017.
How big is unit 704?
1,408 sqft (130.8 sqm): a two-bedroom apartment on the 7th floor of a 31-storey tower completed in 2006.
What is unit 704 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 704, Al Majara Tower 2
Starts from the last sale price (AED 3.58M, 2 October 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 3,575,000
- Deposit, UAE resident (20%)
- AED 715,000
- Deposit, non-resident (40%)
- AED 1,430,000
- Monthly over 25 years at 3.7%
- AED 14,626
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →