104, Al Majara Tower 1
Sold prices and rental history: sold once, by the developer in February 2011, 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 104, Al Majara Tower 1
What is 104 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 31 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,324 sqft
- Floor
- 1st of 28
- Parking
- 156
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,000 /yr
- Last sold
- AED 860K · February 2011
- Building
- Al Majara Tower 1
About 104, Al Majara Tower 1
104 is a two-bedroom apartment of 1,324 sqft on the 1st floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 23 February 2011 for AED 860,000, or AED 649 per sqft, 5% below the AED 685 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 31 January 2025, is AED 15,000 a year: a gross yield of 1.7% on the 2011 price, before the service charge of about AED 20,000 a year.
Sales and rents for 104 over time
104 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 104 sits
All 74 2-beds →104 last sold in February 2011 at AED 649 per sqft, 5% below what two-beds in Al Majara Tower 1 were fetching at the time (AED 685). 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. 104's AED 15,000 is at the bottom 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 1st floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 102 | 3-bed | 1,643 sqft | AED 1.05MAED 1,050,000 · Oct 2008October 2008 | 166,000 /yr | |
| 103 | 3-bed | 1,410 sqft | AED 1.15MAED 1,150,888 · Mar 2011March 2011 | 130,000 /yr | |
| 105 | 1-bed | 929 sqft | AED 900KAED 900,000 · May 2021May 2021 | 76,408 /yr | |
| 106 | 1-bed | 800 sqft | AED 875KAED 875,000 · Jul 2012July 2012 | 97,650 /yr | |
| 107 | 2-bed | 1,338 sqft | AED 2.2MAED 2,200,000 · Jun 2014June 2014 | 135,000 /yr |
104, Al Majara Tower 1 in numbers
- Sold once: by Emaar on 23 February 2011 for AED 860,000, or AED 649 per sqft.
- Rented since November 2013 on 10 Ejari contracts, from AED 145,000 to AED 15,000 a year.
- At AED 15,000 a year the gross yield on the 2011 price is 1.7%, before a service charge of about AED 20,000 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: YallaValue analysis of Dubai Land Department records. Updated 31 January 2025.
Questions about 104, Al Majara Tower 1
What did unit 104 last sell for?
AED 860,000 on 23 February 2011, sold by the developer: AED 649 per sqft for 1,324 sqft. It is the only registered sale of the unit.
What is the rent for unit 104?
AED 15,000 a year on the contract signed on 31 January 2025. The previous contract, from November 2023, was AED 146,000; the unit has been rented since November 2013.
How big is unit 104?
1,324 sqft (123.0 sqm): a two-bedroom apartment on the 1st floor of a 28-storey tower completed in 2006.
What is unit 104 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 104, Al Majara Tower 1
Starts from the last sale price (AED 860K, 23 February 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 860,000
- Deposit, UAE resident (20%)
- AED 172,000
- Deposit, non-resident (40%)
- AED 344,000
- Monthly over 25 years at 3.7%
- AED 3,519
Plus AED 41,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →