705, Al Majara Tower 2
Sold prices and rental history: sold 3 times, last in January 2023, 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 705, Al Majara Tower 2
What is 705 worth today?
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Source: Dubai Land Department. Updated 25 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 841 sqft
- Floor
- 7th of 31
- Parking
- 320
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.45M · January 2023
- Building
- Al Majara Tower 2
About 705, Al Majara Tower 2
705 is a one-bedroom apartment of 841 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 12 January 2023 for AED 1,450,000, or AED 1,724 per sqft, 12% above the AED 1,539 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, signed on 25 June 2026, is AED 100,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 12,700 a year.
Sales and rents for 705 over time
705 has sold 3 times; 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 705 sits
All 149 1-beds →705 last sold in January 2023 at AED 1,724 per sqft, 12% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,539). 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. 705's AED 100,000 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 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 | |
| 704 | 2-bed | 1,408 sqft | AED 3.58MAED 3,575,000 · Oct 2026October 2026 | 145,000 /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 |
705, Al Majara Tower 2 in numbers
- Sold 3 times: first on 4 August 2008 for AED 590,800, last on 12 January 2023 for AED 1,450,000 (AED 1,724 per sqft).
- Rented since March 2016 on 11 Ejari contracts. The rent fell from AED 115,000 to AED 60,000 in 2021 and recovered to AED 100,000 by June 2026.
- At AED 100,000 a year the gross yield on the 2023 price is 6.9%, 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 June 2026.
Questions about 705, Al Majara Tower 2
What did unit 705 last sell for?
AED 1,450,000 on 12 January 2023: AED 1,724 per sqft for 841 sqft. The unit has 3 registered sales; the first was AED 590,800 in August 2008.
What is the rent for unit 705?
AED 100,000 a year on the contract signed on 25 June 2026. The previous contract, from August 2025, was AED 125,000; the unit has been rented since March 2016.
How big is unit 705?
841 sqft (78.1 sqm): a one-bedroom apartment on the 7th floor of a 31-storey tower completed in 2006.
What is unit 705 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 705, Al Majara Tower 2
Starts from the last sale price (AED 1.45M, 12 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →