2702, Al Majara Tower 1
Sold prices and rental history: sold once, by the developer in December 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2702, Al Majara Tower 1
What is 2702 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 4 June 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,287 sqft
- Floor
- 27th of 28
- Parking
- 568 , 569
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 34,600 /yr
- Last sold
- AED 2.56M · December 2020
- Building
- Al Majara Tower 1
About 2702, Al Majara Tower 1
2702 is a three-bedroom apartment of 2,287 sqft on the 27th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 29 December 2020 for AED 2,557,888, or AED 1,118 per sqft.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 4 June 2023, is AED 175,000 a year: a gross yield of 6.8% on the 2020 price, before the service charge of about AED 34,600 a year.
Sales and rents for 2702 over time
2702 has sold once; 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 2702 sits
All 35 3-beds →2702's AED 175,000 is at the bottom 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 27th floor
All 188 units in Al Majara Tower 12702, Al Majara Tower 1 in numbers
- Sold once: by Emaar on 29 December 2020 for AED 2,557,888, or AED 1,118 per sqft.
- Rented since April 2022 on 3 Ejari contracts, at AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2020 price is 6.8%, 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 4 June 2023.
Questions about 2702, Al Majara Tower 1
What did unit 2702 last sell for?
AED 2,557,888 on 29 December 2020, sold by the developer: AED 1,118 per sqft for 2,287 sqft. It is the only registered sale of the unit.
What is the rent for unit 2702?
AED 175,000 a year on the contract renewed on 4 June 2023. The previous contract, from June 2022, was AED 175,000; the unit has been rented since April 2022.
How big is unit 2702?
2,287 sqft (212.5 sqm): a three-bedroom apartment on the 27th floor of a 28-storey tower completed in 2006.
What is unit 2702 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 2702, Al Majara Tower 1
Starts from the last sale price (AED 2.56M, 29 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,557,888
- Deposit, UAE resident (20%)
- AED 511,578
- Deposit, non-resident (40%)
- AED 1,023,155
- Monthly over 25 years at 3.7%
- AED 10,465
Plus AED 112,442 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →