206, Al Majara Tower 1
Sold prices and rental history: sold 4 times, last in February 2024, 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 206, Al Majara Tower 1
What is 206 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 2 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 841 sqft
- Floor
- 2nd of 28
- Parking
- 45
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.3M · February 2024
- Building
- Al Majara Tower 1
About 206, Al Majara Tower 1
206 is a one-bedroom apartment of 841 sqft on the 2nd floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 2 February 2024 for AED 1,300,000, or AED 1,545 per sqft, 5% below the AED 1,634 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 9 September 2022, is AED 95,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 12,700 a year.
Sales and rents for 206 over time
206 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Majara Tower 1, and where 206 sits
All 73 1-beds →206 last sold in February 2024 at AED 1,545 per sqft, 5% below what one-beds in Al Majara Tower 1 were fetching at the time (AED 1,634). Over the last 12 months one-beds sold for AED 1,900,000, around AED 2,045 per sqft, and rent for AED 78,100 to 137,000 a year. 206's AED 95,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 929 sqft | 1,900,000 | 2,045 | ||
| 31 Jul 202531 July 2025 | 951 sqft | 1,865,000 | 1,961 | ||
| 11 Jun 202511 June 2025 | 951 sqft | 2,300,000 | 2,418 | ||
| 16 May 202516 May 2025 | 951 sqft | 1,850,000 | 1,945 |
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 2nd floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 951 sqft | AED 1.5MAED 1,500,000 · Sep 2022September 2022 | 97,020 /yr | |
| 202 | 3-bed | 1,643 sqft | AED 1.56MAED 1,560,000 · Jun 2011June 2011 | 184,000 /yr | |
| 203 | 2-bed | 1,410 sqft | AED 2.1MAED 2,100,000 · Apr 2015April 2015 | ||
| 204 | 2-bed | 1,324 sqft | AED 2MAED 1,995,000 · Oct 2013October 2013 | ||
| 205 | 1-bed | 929 sqft | AED 475KAED 475,000 · Jan 2013January 2013 | 95,000 /yr | |
| 207 | 2-bed | 1,338 sqft | AED 805KAED 805,000 · Feb 2009February 2009 | 120,000 /yr |
206, Al Majara Tower 1 in numbers
- Sold 4 times: first on 8 June 2010 for AED 800,000, last on 2 February 2024 for AED 1,300,000 (AED 1,545 per sqft).
- Rented since July 2013 on 7 Ejari contracts, from AED 85,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 12,700 a year (AED 15.11 per sqft).
- One-beds in Al Majara Tower 1 sold for AED 1,900,000–1,900,000 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 2 February 2024.
Questions about 206, Al Majara Tower 1
What did unit 206 last sell for?
AED 1,300,000 on 2 February 2024: AED 1,545 per sqft for 841 sqft. The unit has 4 registered sales; the first was AED 800,000 in June 2010.
What is the rent for unit 206?
AED 95,000 a year on the contract signed on 9 September 2022. The previous contract, from December 2021, was AED 80,000; the unit has been rented since July 2013.
How big is unit 206?
841 sqft (78.1 sqm): a one-bedroom apartment on the 2nd floor of a 28-storey tower completed in 2006.
What is unit 206 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Majara Tower 1 sold for AED 1,900,000 to 1,900,000 in the last 12 months, around AED 2,045 per sqft.
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Mortgage on 206, Al Majara Tower 1
Starts from the last sale price (AED 1.3M, 2 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →