M02, Al Majara Tower 5
Sold prices and rental history: sold twice, last in August 2026, 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 M02, Al Majara Tower 5
What is M02 worth today?
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Source: Dubai Land Department. Updated 24 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,270 sqft
- Floor
- Ground of 7
- Parking
- 147 , 352
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 19,200 /yr
- Last sold
- AED 2.99M · August 2026
- Building
- Al Majara Tower 5
About M02, Al Majara Tower 5
M02 is a two-bedroom apartment of 1,270 sqft on the ground floor of Al Majara Tower 5, a 7-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 24 August 2026 for AED 2,990,000, or AED 2,354 per sqft.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 29 May 2024, is AED 140,000 a year: a gross yield of 4.7% on the 2026 price, before the service charge of about AED 19,200 a year.
Sales and rents for M02 over time
M02 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 M02 sits
All 24 2-beds →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. M02's AED 140,000 is in the lower half 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 | ||
| 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 | ||
| 23 May 202423 May 2024 | 1,367 sqft | 2,200,000 | 1,609 |
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 ground floor
All 53 units in Al Majara Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | 2-bed | 1,367 sqft | AED 2.2MAED 2,200,000 · May 2024May 2024 | 107,395 /yr | |
| G02 | 2-bed | 1,431 sqft | AED 2.15MAED 2,150,000 · May 2023May 2023 | 115,000 /yr | |
| G03 | 2-bed | 1,119 sqft | AED 1.98MAED 1,980,000 · Aug 2026August 2026 | 131,250 /yr | |
| G04 | 1,066 sqft | AED 1.55MAED 1,550,000 · Feb 2018February 2018 | 75,000 /yr | ||
| G05 | 2-bed | 1,270 sqft | AED 2.6MAED 2,600,000 · Dec 2013December 2013 | 140,000 /yr | |
| G06 | 2-bed | 1,431 sqft | AED 3MAED 3,000,000 · Sep 2024September 2024 | 125,000 /yr | |
| M01 | 2-bed | 1,367 sqft | AED 1.12MAED 1,115,800 · Apr 2010April 2010 | 135,000 /yr | |
| M03 | 2-bed | 715 sqft | AED 787KAED 787,055 · Dec 2012December 2012 | 132,825 /yr | |
| M04 | 1-bed | 1,151 sqft | AED 2.15MAED 2,150,000 · Apr 2025April 2025 |
M02, Al Majara Tower 5 in numbers
- Sold twice: first on 18 December 2012 for AED 976,888, last on 24 August 2026 for AED 2,990,000 (AED 2,354 per sqft).
- Rented since September 2016 on 10 Ejari contracts. The rent fell from AED 175,000 to AED 125,000 in 2022 and recovered to AED 140,000 by May 2024.
- At AED 140,000 a year the gross yield on the 2026 price is 4.7%, before a service charge of about AED 19,200 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 24 August 2026.
Questions about M02, Al Majara Tower 5
What did unit M02 last sell for?
AED 2,990,000 on 24 August 2026: AED 2,354 per sqft for 1,270 sqft. The unit has 2 registered sales; the first was AED 976,888 in December 2012.
What is the rent for unit M02?
AED 140,000 a year on the contract signed on 29 May 2024. The previous contract, from May 2024, was AED 140,000; the unit has been rented since September 2016.
How big is unit M02?
1,270 sqft (118.0 sqm): a two-bedroom apartment on the ground floor of a 7-storey tower completed in 2006.
What is unit M02 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 M02, Al Majara Tower 5
Starts from the last sale price (AED 2.99M, 24 August 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,990,000
- Deposit, UAE resident (20%)
- AED 598,000
- Deposit, non-resident (40%)
- AED 1,196,000
- Monthly over 25 years at 3.7%
- AED 12,233
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →