708, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Al Majara Tower 2
What is 708 worth today?
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Source: Dubai Land Department. Updated 17 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,303 sqft
- Floor
- 7th of 31
- Parking
- 275
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 19,700 /yr
- Last sold
- AED 1.28M · April 2009
- Building
- Al Majara Tower 2
About 708, Al Majara Tower 2
708 is a two-bedroom apartment of 1,303 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 April 2009 for AED 1,275,000, or AED 978 per sqft, in line with the AED 969 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 17 March 2025, is AED 170,000 a year: a gross yield of 13.3% on the 2009 price, before the service charge of about AED 19,700 a year.
Sales and rents for 708 over time
708 has sold once; 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 708 sits
All 91 2-beds →708 last sold in April 2009 at AED 978 per sqft, in line with what two-beds in Al Majara Tower 2 were fetching at the time (AED 969). 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. 708's AED 170,000 is in the lower half 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 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 | |
| 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, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 1 April 2009 for AED 1,275,000, or AED 978 per sqft.
- Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 150,000 to AED 87,000 in 2020 and recovered to AED 170,000 by March 2025.
- At AED 170,000 a year the gross yield on the 2009 price is 13.3%, 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 17 March 2025.
Questions about 708, Al Majara Tower 2
What did unit 708 last sell for?
AED 1,275,000 on 1 April 2009, sold by the developer: AED 978 per sqft for 1,303 sqft. It is the only registered sale of the unit.
What is the rent for unit 708?
AED 170,000 a year on the contract signed on 17 March 2025. The previous contract, from March 2025, was AED 170,000; the unit has been rented since November 2013.
How big is unit 708?
1,303 sqft (121.1 sqm): a two-bedroom apartment on the 7th floor of a 31-storey tower completed in 2006.
What is unit 708 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 708, Al Majara Tower 2
Starts from the last sale price (AED 1.28M, 1 April 2009). 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 →