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3-bed · 2,076 sqftAl Majara Tower 1, Dubai Marina · 27th floor · completed 2006

2704, Al Majara Tower 1

Sold prices and rental history: sold 4 times, last in June 2018, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 3.2M27 June 2018
Current rentAED 280K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, Al Majara Tower 1

What is 2704 worth today?

Last sold for AED 3,200,000 in 2018

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15 Aug 2025RentedNew contract
AED 280,000/yr12 months · AED 135 per sqft
27 Jun 2018SoldReady
AED 3,200,000AED 1,541 per sqft
17 Dec 2013SoldReady
AED 3,400,000AED 1,637 per sqft
1 Jun 2012RentedNew contract
AED 180,000/yr12 months · AED 87 per sqft
21 Aug 2008Sold by developerReady
AED 4,000,000AED 1,926 per sqft
21 Aug 2008SoldReady
AED 1,917,888AED 923 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2025.

Key facts

Type
3-bed apartment
Size
2,076 sqft
Floor
27th of 28
Parking
570 , 571
Developer
Emaar
Completed
2006
Service charge
AED 31,400 /yr
Last sold
AED 3.2M · June 2018
Building
Al Majara Tower 1

About 2704, Al Majara Tower 1

2704 is a three-bedroom apartment of 2,076 sqft on the 27th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 27 June 2018 for AED 3,200,000, or AED 1,541 per sqft, 14% above the AED 1,354 three-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 15 August 2025, is AED 280,000 a year: a gross yield of 8.8% on the 2018 price, before the service charge of about AED 31,400 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, each saleTypical three-bed in Al Majara Tower 1
2M4M20082011201420172020Typical sale price by year: 2008 AED 1,739,750; 2009 AED 1,750,000; 2010 AED 1,900,000; 2011 AED 1,680,000; 2012 AED 2,145,500; 2013 AED 2,740,000; 2015 AED 3,300,000; 2016 AED 2,750,000; 2017 AED 1,430,000; 2019 AED 2,217,900Sold by developer, August 2008: AED 4,000,000 (AED 1,926 per sqft)Sold, August 2008: AED 1,917,888 (AED 923 per sqft)Sold, December 2013: AED 3,400,000 (AED 1,637 per sqft)Sold, June 2018: AED 3,200,000 (AED 1,541 per sqft)

2704 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2704, each contractTypical three-bed in Al Majara Tower 1
200K300K2012201620202024Typical rent by year: 2012 AED 162,500; 2013 AED 170,000; 2014 AED 240,000; 2015 AED 245,000; 2016 AED 223,500; 2017 AED 215,000; 2018 AED 215,000; 2019 AED 174,565; 2020 AED 153,502; 2021 AED 159,500; 2022 AED 180,000; 2023 AED 205,000; 2024 AED 225,000; 2025 AED 230,000New contract, June 2012: AED 180,000 a yearNew contract, August 2025: AED 280,000 a year

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 2704 sits

All 35 3-beds →

2704 last sold in June 2018 at AED 1,541 per sqft, 14% above what three-beds in Al Majara Tower 1 were fetching at the time (AED 1,354). 2704's AED 280,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
14 Feb 20254,300,000
9 Jan 20253,950,000
18 Sep 20243,570,000
19 Mar 20244,000,000
0 3-bed sales in the last 12 months

Al Majara Tower 1

Building

188 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%
Al Majara Tower 1, Dubai Marina: prices, sales and rents →

Other units on the 27th floor

All 188 units in Al Majara Tower 1
Value
27013-bedAED 1.3M · Aug 2011
27023-bedAED 2.56M · Dec 2020
2703AED 2.75M · Sep 2025

2704, Al Majara Tower 1 in numbers

  • Sold 4 times: first on 21 August 2008 for AED 1,917,888, last on 27 June 2018 for AED 3,200,000 (AED 1,541 per sqft).
  • Rented since June 2012 on 2 Ejari contracts, from AED 180,000 to AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2018 price is 8.8%, before a service charge of about AED 31,400 a year (AED 15.11 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2025.

Questions about 2704, Al Majara Tower 1

What did unit 2704 last sell for?

AED 3,200,000 on 27 June 2018: AED 1,541 per sqft for 2,076 sqft. The unit has 4 registered sales; the first was AED 1,917,888 in August 2008.

What is the rent for unit 2704?

AED 280,000 a year on the contract signed on 15 August 2025. The previous contract, from June 2012, was AED 180,000.

How big is unit 2704?

2,076 sqft (192.9 sqm): a three-bedroom apartment on the 27th floor of a 28-storey tower completed in 2006.

What is unit 2704 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 2704, Al Majara Tower 1

Starts from the last sale price (AED 3.2M, 27 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

Plus AED 139,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →