2602, Al Majara Tower 1
Sold prices and rental history: sold twice, last in March 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2602, Al Majara Tower 1
What is 2602 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,287 sqft
- Floor
- 26th of 28
- Parking
- 562 , 563
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 34,600 /yr
- Last sold
- AED 2.1M · March 2011
- Building
- Al Majara Tower 1
About 2602, Al Majara Tower 1
2602 is a three-bedroom apartment of 2,287 sqft on the 26th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 24 March 2011 for AED 2,100,000, or AED 918 per sqft, in line with the AED 918 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 5 August 2025, is AED 275,000 a year: a gross yield of 13.1% on the 2011 price, before the service charge of about AED 34,600 a year.
Sales and rents for 2602 over time
2602 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Al Majara Tower 1, and where 2602 sits
All 35 3-beds →2602 last sold in March 2011 at AED 918 per sqft, in line with what three-beds in Al Majara Tower 1 were fetching at the time (AED 918). 2602's AED 275,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Feb 202514 February 2025 | 2,057 sqft | 4,300,000 | 2,090 | ||
| 9 Jan 20259 January 2025 | 2,057 sqft | 3,950,000 | 1,920 | ||
| 18 Sep 202418 September 2024 | 2,057 sqft | 3,570,000 | 1,735 | ||
| 19 Mar 202419 March 2024 | 2,287 sqft | 4,000,000 | 1,749 |
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 26th floor
All 188 units in Al Majara Tower 12602, Al Majara Tower 1 in numbers
- Sold twice: first on 24 March 2011 for AED 2,085,000, last on 24 March 2011 for AED 2,100,000 (AED 918 per sqft).
- Rented since March 2017 on 7 Ejari contracts. The rent fell from AED 240,000 to AED 174,130 in 2019 and recovered to AED 275,000 by August 2025.
- At AED 275,000 a year the gross yield on the 2011 price is 13.1%, before a service charge of about AED 34,600 a year (AED 15.11 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2025.
Questions about 2602, Al Majara Tower 1
What did unit 2602 last sell for?
AED 2,100,000 on 24 March 2011, sold by the developer: AED 918 per sqft for 2,287 sqft. The unit has 2 registered sales; the first was AED 2,085,000 in March 2011.
What is the rent for unit 2602?
AED 275,000 a year on the contract renewed on 5 August 2025. The previous contract, from August 2024, was AED 275,000; the unit has been rented since March 2017.
How big is unit 2602?
2,287 sqft (212.5 sqm): a three-bedroom apartment on the 26th floor of a 28-storey tower completed in 2006.
What is unit 2602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2602, Al Majara Tower 1
Starts from the last sale price (AED 2.1M, 24 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →