1007, Al Majara Tower 1
Sold prices and rental history: sold once, by the developer in August 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 1007, Al Majara Tower 1
What is 1007 worth today?
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Source: Dubai Land Department. Updated 22 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,338 sqft
- Floor
- 10th of 28
- Parking
- 55
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,200 /yr
- Last sold
- AED 440K · August 2009
- Building
- Al Majara Tower 1
About 1007, Al Majara Tower 1
1007 is a two-bedroom apartment of 1,338 sqft on the 10th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 12 August 2009 for AED 440,250, or AED 329 per sqft, 65% below the AED 942 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 22 February 2025, is AED 130,000 a year: a gross yield of 29.5% on the 2009 price, before the service charge of about AED 20,200 a year.
Sales and rents for 1007 over time
1007 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 1, and where 1007 sits
All 74 2-beds →1007 last sold in August 2009 at AED 329 per sqft, 65% below what two-beds in Al Majara Tower 1 were fetching at the time (AED 942). Over the last 12 months two-beds sold for AED 2,900,000, around AED 1,822 per sqft, and rent for AED 100,000 to 163,500 a year. 1007's AED 130,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Dec 202517 December 2025 | 1,591 sqft | 2,900,000 | 1,822 | ||
| 4 Jul 20254 July 2025 | 1,591 sqft | 2,900,000 | 1,822 | ||
| 20 Jun 202520 June 2025 | 1,338 sqft | 2,550,000 | 1,905 | ||
| 28 Apr 202528 April 2025 | 1,324 sqft | 2,100,000 | 1,586 |
Al Majara Tower 1
Building188 apartments, 1-bed to 3-bed over 28 floors in Dubai Marina, completed in 2006 by Emaar. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,934
- Typical sale
- AED 2.4M
- Typical rent
- AED 130K /yr
- Typical yield
- 5.7%
Other units on the 10th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 951 sqft | AED 830KAED 830,000 · Dec 2010December 2010 | 107,000 /yr | |
| 1002 | 3-bed | 2,057 sqft | AED 3.95MAED 3,950,000 · Jan 2025January 2025 | 230,000 /yr | |
| 1003 | 2-bed | 1,591 sqft | AED 2.1MAED 2,100,000 · Sep 2022September 2022 | 99,748 /yr | |
| 1004 | 2-bed | 1,324 sqft | AED 2.05MAED 2,050,000 · Aug 2016August 2016 | 140,000 /yr | |
| 1005 | 1-bed | 929 sqft | AED 1.23MAED 1,231,250 · Apr 2008April 2008 | 130,000 /yr | |
| 1006 | 1-bed | 841 sqft | AED 1.16MAED 1,155,000 · Nov 2022November 2022 | 90,000 /yr |
1007, Al Majara Tower 1 in numbers
- Sold once: by Emaar on 12 August 2009 for AED 440,250, or AED 329 per sqft.
- Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 130,000 to AED 100,000 in 2021 and recovered to AED 130,000 by February 2025.
- At AED 130,000 a year the gross yield on the 2009 price is 29.5%, before a service charge of about AED 20,200 a year (AED 15.11 per sqft).
- Two-beds in Al Majara Tower 1 sold for AED 2,900,000–2,900,000 in the 12 months to November 2026; the building's median across all types is AED 1,934 per sqft.
Source: Dubai Land Department. Updated 22 February 2025.
Questions about 1007, Al Majara Tower 1
What did unit 1007 last sell for?
AED 440,250 on 12 August 2009, sold by the developer: AED 329 per sqft for 1,338 sqft. It is the only registered sale of the unit.
What is the rent for unit 1007?
AED 130,000 a year on the contract signed on 22 February 2025. The previous contract, from May 2024, was AED 135,000; the unit has been rented since June 2013.
How big is unit 1007?
1,338 sqft (124.3 sqm): a two-bedroom apartment on the 10th floor of a 28-storey tower completed in 2006.
What is unit 1007 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 1 sold for AED 2,900,000 to 2,900,000 in the last 12 months, around AED 1,822 per sqft.
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Mortgage on 1007, Al Majara Tower 1
Starts from the last sale price (AED 440K, 12 August 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 440,250
- Deposit, UAE resident (20%)
- AED 88,050
- Deposit, non-resident (40%)
- AED 176,100
- Monthly over 25 years at 3.7%
- AED 1,801
Plus AED 21,401 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →