202, Al Majara Tower 5
Sold prices and rental history: sold twice, last in August 2014, and rented once, from November 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 202, Al Majara Tower 5
What is 202 worth today?
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Source: Dubai Land Department. Updated 12 November 2017.
Key facts
- Type
- 2-bed apartment
- Size
- 1,517 sqft
- Floor
- 2nd of 7
- Parking
- 131
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 22,900 /yr
- Last sold
- AED 2.9M · August 2014
- Building
- Al Majara Tower 5
About 202, Al Majara Tower 5
202 is a two-bedroom apartment of 1,517 sqft on the 2nd floor of Al Majara Tower 5, a 7-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 5 August 2014 for AED 2,900,000, or AED 1,911 per sqft, 4% below the AED 1,993 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 12 November 2017. The current contract, signed on 12 November 2017, is AED 100,000 a year: a gross yield of 3.5% on the 2014 price, before the service charge of about AED 22,900 a year.
Sales and rents for 202 over time
202 has sold twice; 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 5, and where 202 sits
All 24 2-beds →202 last sold in August 2014 at AED 1,911 per sqft, 4% below what two-beds in Al Majara Tower 5 were fetching at the time (AED 1,993). Over the last 12 months two-beds sold for AED 1,980,000 to 2,990,000, around AED 2,062 per sqft, and rent for AED 107,395 to 210,000 a year. 202's AED 100,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 1,119 sqft | 1,980,000 | 1,769 | ||
| 24 Aug 202624 August 2026 | 1,270 sqft | 2,990,000 | 2,354 | ||
| 3 Sep 20243 September 2024 | 1,431 sqft | 3,000,000 | 2,096 | ||
| 10 Jul 202410 July 2024 | 1,517 sqft | 2,600,000 | 1,713 |
Al Majara Tower 5
Building53 apartments, 1-bed to 3-bed over 7 floors in Dubai Marina, completed in 2006 by Emaar. 3 sold in the last 12 months.
- Typical price per sqft
- AED 2,354
- Typical sale
- AED 2.65M
- Typical rent
- AED 135K /yr
- Typical yield
- 4.7%
Other units on the 2nd floor
All 53 units in Al Majara Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,367 sqft | AED 583KAED 582,900 · Jul 2010July 2010 | 150,000 /yr | |
| 203 | 1-bed | 893 sqft | AED 600KAED 599,800 · Aug 2008August 2008 | 120,000 /yr | |
| 204 | 1-bed | 834 sqft | AED 525KAED 524,800 · Jul 2010July 2010 | ||
| 205 | 3-bed | 2,164 sqft | AED 1.29MAED 1,290,800 · May 2011May 2011 | 100,000 /yr | |
| 206 | 1-bed | 1,119 sqft | AED 726KAED 725,800 · Jul 2010July 2010 |
202, Al Majara Tower 5 in numbers
- Sold twice: first on 30 September 2010 for AED 1,080,800, last on 5 August 2014 for AED 2,900,000 (AED 1,911 per sqft).
- Rented since November 2017 on one Ejari contract, at AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2014 price is 3.5%, before a service charge of about AED 22,900 a year (AED 15.11 per sqft).
- Two-beds in Al Majara Tower 5 sold for AED 1,980,000–2,990,000 in the 12 months to November 2026; the building's median across all types is AED 2,354 per sqft.
Source: Dubai Land Department. Updated 12 November 2017.
Questions about 202, Al Majara Tower 5
What did unit 202 last sell for?
AED 2,900,000 on 5 August 2014: AED 1,911 per sqft for 1,517 sqft. The unit has 2 registered sales; the first was AED 1,080,800 in September 2010.
What is the rent for unit 202?
AED 100,000 a year on the contract signed on 12 November 2017.
How big is unit 202?
1,517 sqft (140.9 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2006.
What is unit 202 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 5 sold for AED 1,980,000 to 2,990,000 in the last 12 months, around AED 2,062 per sqft.
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Mortgage on 202, Al Majara Tower 5
Starts from the last sale price (AED 2.9M, 5 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →