207, Al Majara Tower 1
Sold prices and rental history: sold twice, last in February 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 207, Al Majara Tower 1
What is 207 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 9 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,338 sqft
- Floor
- 2nd of 28
- Parking
- 44
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,200 /yr
- Last sold
- AED 2M · February 2009
- Building
- Al Majara Tower 1
About 207, Al Majara Tower 1
207 is a two-bedroom apartment of 1,338 sqft on the 2nd floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 19 February 2009 for AED 2,000,000, or AED 1,494 per sqft, 52% above the AED 985 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 9 July 2024, is AED 120,000 a year: a gross yield of 6.0% on the 2009 price, before the service charge of about AED 20,200 a year.
Sales and rents for 207 over time
207 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 207 sits
All 74 2-beds →207 last sold in February 2009 at AED 1,494 per sqft, 52% above what two-beds in Al Majara Tower 1 were fetching at the time (AED 985). 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. 207's AED 120,000 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 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 | |
| 206 | 1-bed | 841 sqft | AED 1.3MAED 1,300,000 · Feb 2024February 2024 | 95,000 /yr |
207, Al Majara Tower 1 in numbers
- Sold twice: first on 19 February 2009 for AED 805,000, last on 19 February 2009 for AED 2,000,000 (AED 1,494 per sqft).
- Rented since April 2014 on 9 Ejari contracts. The rent fell from AED 123,050 to AED 93,500 in 2022 and recovered to AED 120,000 by July 2024.
- At AED 120,000 a year the gross yield on the 2009 price is 6.0%, 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: YallaValue analysis of Dubai Land Department records. Updated 9 July 2024.
Questions about 207, Al Majara Tower 1
What did unit 207 last sell for?
AED 2,000,000 on 19 February 2009, sold by the developer: AED 1,494 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 805,000 in February 2009.
What is the rent for unit 207?
AED 120,000 a year on the contract signed on 9 July 2024. The previous contract, from July 2023, was AED 98,200; the unit has been rented since April 2014.
How big is unit 207?
1,338 sqft (124.3 sqm): a two-bedroom apartment on the 2nd floor of a 28-storey tower completed in 2006.
What is unit 207 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 207, Al Majara Tower 1
Starts from the last sale price (AED 2M, 19 February 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →