102, Al Majara Tower 2
Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 102, Al Majara Tower 2
What is 102 worth today?
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Source: Dubai Land Department. Updated 22 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,579 sqft
- Floor
- 1st of 31
- Parking
- 708
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 23,900 /yr
- Last sold
- AED 2.95M · February 2024
- Building
- Al Majara Tower 2
About 102, Al Majara Tower 2
102 is a two-bedroom apartment of 1,579 sqft on the 1st floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 22 February 2024 for AED 2,950,000, or AED 1,868 per sqft, in line with the AED 1,918 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 25 December 2022, is AED 103,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 23,900 a year.
Sales and rents for 102 over time
102 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 2, and where 102 sits
All 88 2-beds →102 last sold in February 2024 at AED 1,868 per sqft, in line with what two-beds in Al Majara Tower 2 were fetching at the time (AED 1,918). Over the last 12 months two-beds sold for AED 4,150,000, around AED 2,628 per sqft, and rent for AED 126,500 to 205,000 a year. 102's AED 103,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Dec 202511 December 2025 | 1,579 sqft | 4,150,000 | 2,628 | ||
| 23 Apr 202523 April 2025 | 1,579 sqft | 3,900,000 | 2,469 | ||
| 16 Apr 202516 April 2025 | 1,408 sqft | 4,175,000 | 2,965 | ||
| 19 Dec 202419 December 2024 | 1,303 sqft | 2,650,000 | 2,033 |
Al Majara Tower 2
Building246 apartments, 1-bed to 3-bed over 31 floors in Dubai Marina, completed in 2006 by Emaar. 4 sold in the last 12 months.
- Typical price per sqft
- AED 2,295
- Typical sale
- AED 3.14M
- Typical rent
- AED 125K /yr
- Typical yield
- 5.1%
Other units on the 1st floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 971 sqft | AED 315KAED 314,900 · May 2010May 2010 | 115,000 /yr | |
| 103 | 1-bed | 974 sqft | AED 842KAED 842,000 · May 2008May 2008 | 113,400 /yr | |
| 104 | 2-bed | 1,408 sqft | AED 2.6MAED 2,600,000 · Jun 2023June 2023 | 100,359 /yr | |
| 105 | 1-bed | 841 sqft | AED 1.59MAED 1,585,000 · May 2024May 2024 | 105,000 /yr | |
| 106 | 1-bed | 920 sqft | AED 1.15MAED 1,150,000 · Feb 2018February 2018 | 89,250 /yr | |
| 107 | 1-bed | 786 sqft | AED 1.44MAED 1,440,000 · May 2008May 2008 | 80,000 /yr | |
| 108 | 1-bed | 1,303 sqft | AED 857KAED 856,800 · Mar 2016March 2016 | 130,000 /yr |
102, Al Majara Tower 2 in numbers
- Sold twice: first on 14 June 2009 for AED 1,174,800, last on 22 February 2024 for AED 2,950,000 (AED 1,868 per sqft).
- Rented since November 2013 on 6 Ejari contracts, from AED 111,196 to AED 103,000 a year.
- At AED 103,000 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 23,900 a year (AED 15.11 per sqft).
- Two-beds in Al Majara Tower 2 sold for AED 4,150,000–4,150,000 in the 12 months to November 2026; the building's median across all types is AED 2,295 per sqft.
Source: Dubai Land Department. Updated 22 February 2024.
Questions about 102, Al Majara Tower 2
What did unit 102 last sell for?
AED 2,950,000 on 22 February 2024: AED 1,868 per sqft for 1,579 sqft. The unit has 2 registered sales; the first was AED 1,174,800 in June 2009.
What is the rent for unit 102?
AED 103,000 a year on the contract renewed on 25 December 2022. The previous contract, from December 2021, was AED 103,000; the unit has been rented since November 2013.
How big is unit 102?
1,579 sqft (146.7 sqm): a two-bedroom apartment on the 1st floor of a 31-storey tower completed in 2006.
What is unit 102 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 2 sold for AED 4,150,000 to 4,150,000 in the last 12 months, around AED 2,628 per sqft.
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Mortgage on 102, Al Majara Tower 2
Starts from the last sale price (AED 2.95M, 22 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,950,000
- Deposit, UAE resident (20%)
- AED 590,000
- Deposit, non-resident (40%)
- AED 1,180,000
- Monthly over 25 years at 3.7%
- AED 12,069
Plus AED 128,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →