2-bed · 1,338 sqftAl Majara Tower 1, Dubai Marina · 8th floor · completed 2006

807, Al Majara Tower 1

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 807 · DLD and Ejari recordsUpdated 12 June 2024
Last soldAED 2.15M15 January 2024
Current rentAED 130K /yr12 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, Al Majara Tower 1

What is 807 worth today?

Last sold for AED 2,150,000 in 2024

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12 Jun 2024RentedNew contract
AED 129,782/yr11 months · AED 97 per sqft
15 Jan 2024SoldReady
AED 2,150,000AED 1,606 per sqft
12 Jun 2023RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
15 Jan 2023RentedRenewal
AED 96,999/yr4 months · AED 73 per sqft
15 Jan 2022RentedNew contract
AED 97,000/yr12 months · AED 73 per sqft
1 Feb 2021RentedNew contract
AED 75,000/yr12 months · AED 56 per sqft
9 Sep 2013RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
24 Dec 2008Sold by developerReady
AED 2,000,000AED 1,494 per sqft

Source: Dubai Land Department. Updated 12 June 2024.

Key facts

Type
2-bed apartment
Size
1,338 sqft
Floor
8th of 28
Parking
23
Developer
Emaar
Completed
2006
Service charge
AED 20,200 /yr
Last sold
AED 2.15M · January 2024

About 807, Al Majara Tower 1

807 is a two-bedroom apartment of 1,338 sqft on the 8th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 15 January 2024 for AED 2,150,000, or AED 1,606 per sqft, in line with the AED 1,606 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 12 June 2024, is AED 129,782 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 20,200 a year.

Sales and rents for 807 over time

Sales
Unit 807, each saleTypical two-bed in Al Majara Tower 1
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,485,200; 2009 AED 1,350,000; 2010 AED 1,075,000; 2011 AED 1,231,974; 2012 AED 1,325,000; 2013 AED 1,887,500; 2014 AED 2,350,000; 2015 AED 2,150,000; 2016 AED 1,850,000; 2017 AED 1,870,000; 2018 AED 2,045,000; 2019 AED 700,000; 2020 AED 1,212,500; 2021 AED 1,455,000; 2022 AED 1,800,000; 2023 AED 2,200,000; 2024 AED 2,300,000; 2025 AED 2,806,229Sold by developer, December 2008: AED 2,000,000 (AED 1,494 per sqft)Sold, December 2008: AED 853,000 (AED 637 per sqft)Sold, January 2024: AED 2,150,000 (AED 1,606 per sqft)

807 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 807, each contractTypical two-bed in Al Majara Tower 1
100K150K2012201620202024Typical rent by year: 2012 AED 117,500; 2013 AED 138,674; 2014 AED 152,456; 2015 AED 160,000; 2016 AED 150,000; 2017 AED 148,500; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 97,500; 2021 AED 100,000; 2022 AED 114,692; 2023 AED 130,000; 2024 AED 135,000; 2025 AED 150,078; 2026 AED 140,000New contract, September 2013: AED 125,000 a yearNew contract, February 2021: AED 75,000 a yearNew contract, January 2022: AED 97,000 a yearRenewal, January 2023: AED 96,999 a yearNew contract, June 2023: AED 130,000 a yearNew contract, June 2024: AED 129,782 a year

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 807 sits

All 74 2-beds →

807 last sold in January 2024 at AED 1,606 per sqft, in line with what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,606). 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. 807's AED 129,782 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Dec 20252,900,000
4 Jul 20252,900,000
20 Jun 20252,550,000
28 Apr 20252,100,000
1 2-bed sale 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 8th floor

All 188 units in Al Majara Tower 1
Value
8011-bedAED 1.5M · Dec 2017
8023-bedAED 3.57M · Sep 2024
8032-bedAED 549K · Dec 2009
804AED 2.98M · Oct 2025
8051-bedAED 1.5M · Jul 2023
8061-bedAED 1.3M · Dec 2014

807, Al Majara Tower 1 in numbers

  • Sold 3 times: first on 24 December 2008 for AED 853,000, last on 15 January 2024 for AED 2,150,000 (AED 1,606 per sqft).
  • Rented since September 2013 on 6 Ejari contracts. The rent fell from AED 125,000 to AED 75,000 in 2021 and recovered to AED 129,782 by June 2024.
  • At AED 129,782 a year the gross yield on the 2024 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: Dubai Land Department. Updated 12 June 2024.

Questions about 807, Al Majara Tower 1

What did unit 807 last sell for?

AED 2,150,000 on 15 January 2024: AED 1,606 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 853,000 in December 2008.

What is the rent for unit 807?

AED 129,782 a year on the contract signed on 12 June 2024. The previous contract, from June 2023, was AED 130,000; the unit has been rented since September 2013.

How big is unit 807?

1,338 sqft (124.3 sqm): a two-bedroom apartment on the 8th floor of a 28-storey tower completed in 2006.

What is unit 807 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 807, Al Majara Tower 1

Starts from the last sale price (AED 2.15M, 15 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →