902, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 902, Al Majara Tower 2
What is 902 worth today?
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Source: Dubai Land Department. Updated 11 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,579 sqft
- Floor
- 9th of 31
- Parking
- 548
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 23,900 /yr
- Last sold
- AED 1.55M · October 2013
- Building
- Al Majara Tower 2
About 902, Al Majara Tower 2
902 is a two-bedroom apartment of 1,579 sqft on the 9th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 3 October 2013 for AED 1,547,888, or AED 980 per sqft, 36% below the AED 1,541 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 11 September 2023, is AED 160,000 a year: a gross yield of 10.3% on the 2013 price, before the service charge of about AED 23,900 a year.
Sales and rents for 902 over time
902 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 902 sits
All 91 2-beds →902 last sold in October 2013 at AED 980 per sqft, 36% below what two-beds in Al Majara Tower 2 were fetching at the time (AED 1,541). 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. 902's AED 160,000 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 9th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 1-bed | 971 sqft | AED 1.72MAED 1,720,000 · Jun 2023June 2023 | 70,000 /yr | |
| 903 | 1-bed | 974 sqft | AED 2.15MAED 2,150,000 · Jul 2024July 2024 | ||
| 904 | 2-bed | 1,408 sqft | AED 3.85MAED 3,850,000 · Sep 2024September 2024 | 93,500 /yr | |
| 905 | 1-bed | 841 sqft | AED 600KAED 600,000 · Feb 2013February 2013 | ||
| 906 | 1-bed | 945 sqft | AED 1.25MAED 1,250,000 · Feb 2013February 2013 | 90,000 /yr | |
| 907 | 1-bed | 842 sqft | AED 252KAED 251,900 · Nov 2008November 2008 | 88,000 /yr | |
| 908 | 2-bed | 1,303 sqft | AED 2.65MAED 2,650,000 · Dec 2024December 2024 |
902, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 3 October 2013 for AED 1,547,888, or AED 980 per sqft.
- Rented since September 2018 on 6 Ejari contracts, from AED 180,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2013 price is 10.3%, before a service charge of about AED 23,900 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 11 September 2023.
Questions about 902, Al Majara Tower 2
What did unit 902 last sell for?
AED 1,547,888 on 3 October 2013, sold by the developer: AED 980 per sqft for 1,579 sqft. It is the only registered sale of the unit.
What is the rent for unit 902?
AED 160,000 a year on the contract renewed on 11 September 2023. The previous contract, from September 2022, was AED 160,000; the unit has been rented since September 2018.
How big is unit 902?
1,579 sqft (146.7 sqm): a two-bedroom apartment on the 9th floor of a 31-storey tower completed in 2006.
What is unit 902 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 902, Al Majara Tower 2
Starts from the last sale price (AED 1.55M, 3 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,547,888
- Deposit, UAE resident (20%)
- AED 309,578
- Deposit, non-resident (40%)
- AED 619,155
- Monthly over 25 years at 3.7%
- AED 6,333
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →