2007, Al Majara Tower 1
Sold prices and rental history: sold twice, last in October 2014, 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 2007, Al Majara Tower 1
What is 2007 worth today?
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Source: Dubai Land Department. Updated 29 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,338 sqft
- Floor
- 20th of 28
- Parking
- 593
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,200 /yr
- Last sold
- AED 1.25M · October 2014
- Building
- Al Majara Tower 1
About 2007, Al Majara Tower 1
2007 is a two-bedroom apartment of 1,338 sqft on the 20th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 9 October 2014 for AED 1,250,000, or AED 934 per sqft, 38% below the AED 1,508 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 29 May 2025, is AED 160,000 a year: a gross yield of 12.8% on the 2014 price, before the service charge of about AED 20,200 a year.
Sales and rents for 2007 over time
2007 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 2007 sits
All 74 2-beds →2007 last sold in October 2014 at AED 934 per sqft, 38% below what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,508). 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. 2007's AED 160,000 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 20th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 951 sqft | AED 380KAED 379,750 · Jul 2010July 2010 | 126,000 /yr | |
| 2002 | 3-bed | 2,057 sqft | AED 2.02MAED 2,021,888 · Feb 2013February 2013 | 240,000 /yr | |
| 2004 | 2-bed | 1,324 sqft | AED 1.55MAED 1,550,000 · Nov 2012November 2012 | 140,000 /yr | |
| 2005 | 1-bed | 929 sqft | AED 1.25MAED 1,250,000 · Nov 2013November 2013 | 100,000 /yr | |
| 2006 | 1-bed | 841 sqft | AED 1.38MAED 1,375,000 · Apr 2023April 2023 | 75,000 /yr |
2007, Al Majara Tower 1 in numbers
- Sold twice: first on 13 May 2013 for AED 974,500, last on 9 October 2014 for AED 1,250,000 (AED 934 per sqft).
- Rented since February 2013 on 12 Ejari contracts, from AED 107,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2014 price is 12.8%, 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 29 May 2025.
Questions about 2007, Al Majara Tower 1
What did unit 2007 last sell for?
AED 1,250,000 on 9 October 2014: AED 934 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 974,500 in May 2013.
What is the rent for unit 2007?
AED 160,000 a year on the contract signed on 29 May 2025. The previous contract, from April 2024, was AED 175,000; the unit has been rented since February 2013.
How big is unit 2007?
1,338 sqft (124.3 sqm): a two-bedroom apartment on the 20th floor of a 28-storey tower completed in 2006.
What is unit 2007 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 2007, Al Majara Tower 1
Starts from the last sale price (AED 1.25M, 9 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →