1204, Al Majara Tower 1
Sold prices and rental history: sold twice, last in May 2016, 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 1204, Al Majara Tower 1
What is 1204 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 13 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 662 sqft
- Floor
- 12th of 28
- Parking
- 37
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 10,000 /yr
- Last sold
- AED 1.85M · May 2016
- Building
- Al Majara Tower 1
About 1204, Al Majara Tower 1
1204 is a two-bedroom apartment of 662 sqft on the 12th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 9 May 2016 for AED 1,850,000, or AED 1,397 per sqft, 4% below the AED 1,450 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 13 October 2025, is AED 151,261 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 10,000 a year.
Sales and rents for 1204 over time
1204 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 1, and where 1204 sits
All 74 2-beds →1204 last sold in May 2016 at AED 1,397 per sqft, 4% below what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,450). 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. 1204's AED 151,261 is in the upper 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 12th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 951 sqft | AED 2.3MAED 2,300,000 · Jun 2025June 2025 | 100,000 /yr | |
| 1202 | 2,057 sqft | AED 4.25MAED 4,250,000 · Oct 2025October 2025 | 170,887 /yr | ||
| 1203 | 2-bed | 1,591 sqft | AED 1.45MAED 1,450,000 · Dec 2019December 2019 | 120,000 /yr | |
| 1205 | 1-bed | 929 sqft | AED 900KAED 900,000 · May 2012May 2012 | 87,000 /yr | |
| 1206 | 1-bed | 841 sqft | AED 1.15MAED 1,150,000 · Jul 2021July 2021 | 95,000 /yr | |
| 1207 | 2-bed | 1,338 sqft | AED 455KAED 455,250 · Jul 2010July 2010 | 130,000 /yr |
1204, Al Majara Tower 1 in numbers
- Sold twice: first on 9 January 2012 for AED 485,000, last on 9 May 2016 for AED 1,850,000 (AED 1,397 per sqft).
- Rented since November 2013 on 6 Ejari contracts, from AED 130,000 to AED 151,261 a year.
- At AED 151,261 a year the gross yield on the 2016 price is 8.2%, before a service charge of about AED 10,000 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 13 October 2025.
Questions about 1204, Al Majara Tower 1
What did unit 1204 last sell for?
AED 1,850,000 on 9 May 2016: AED 1,397 per sqft for 662 sqft. The unit has 2 registered sales; the first was AED 485,000 in January 2012.
What is the rent for unit 1204?
AED 151,261 a year on the contract signed on 13 October 2025. The previous contract, from February 2025, was AED 180,000; the unit has been rented since November 2013.
How big is unit 1204?
662 sqft (61.5 sqm): a two-bedroom apartment on the 12th floor of a 28-storey tower completed in 2006.
What is unit 1204 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 1204, Al Majara Tower 1
Starts from the last sale price (AED 1.85M, 9 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus AED 82,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →