M2, Al Majara Tower 2
Sold prices and rental history: sold twice, last in January 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for M2, Al Majara Tower 2
What is M2 worth today?
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Source: Dubai Land Department. Updated 22 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,463 sqft
- Floor
- Ground of 31
- Parking
- 161
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 22,100 /yr
- Last sold
- AED 2M · January 2017
- Building
- Al Majara Tower 2
About M2, Al Majara Tower 2
M2 is a one-bedroom apartment of 1,463 sqft on the ground floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 26 January 2017 for AED 2,000,000, or AED 1,367 per sqft, 20% below the AED 1,699 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 22 September 2025, is AED 125,000 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 22,100 a year.
Sales and rents for M2 over time
M2 has sold twice; 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 M2 sits
All 149 1-beds →M2 last sold in January 2017 at AED 1,367 per sqft, 20% below what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,699). 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. M2's AED 125,000 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 ground floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | 1-bed | 971 sqft | AED 621KAED 620,800 · Mar 2018March 2018 | 90,000 /yr | |
| G08 | 2-bed | 1,303 sqft | AED 1.34MAED 1,342,554 · Oct 2021October 2021 | 170,000 /yr | |
| M08 | 2-bed | 1,521 sqft | AED 2.4MAED 2,400,000 · Mar 2024March 2024 | 92,400 /yr | |
| M1 | 1-bed | 1,026 sqft | AED 1.22MAED 1,220,000 · Mar 2013March 2013 | ||
| M3 | 1-bed | 1,099 sqft | AED 728KAED 727,980 · Apr 2010April 2010 | 120,000 /yr |
M2, Al Majara Tower 2 in numbers
- Sold twice: first on 8 February 2012 for AED 729,800, last on 26 January 2017 for AED 2,000,000 (AED 1,367 per sqft).
- Rented since November 2015 on 12 Ejari contracts. The rent fell from AED 120,000 to AED 99,723 in 2021 and recovered to AED 125,000 by September 2025.
- At AED 125,000 a year the gross yield on the 2017 price is 6.3%, before a service charge of about AED 22,100 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 22 September 2025.
Questions about M2, Al Majara Tower 2
What did unit M2 last sell for?
AED 2,000,000 on 26 January 2017: AED 1,367 per sqft for 1,463 sqft. The unit has 2 registered sales; the first was AED 729,800 in February 2012.
What is the rent for unit M2?
AED 125,000 a year on the contract renewed on 22 September 2025. The previous contract, from September 2024, was AED 125,000; the unit has been rented since November 2015.
How big is unit M2?
1,463 sqft (135.9 sqm): a one-bedroom apartment on the ground floor of a 31-storey tower completed in 2006.
What is unit M2 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 M2, Al Majara Tower 2
Starts from the last sale price (AED 2M, 26 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →