104, Al Majara Tower 2
Sold prices and rental history: sold twice, last in June 2023, 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 104, Al Majara Tower 2
What is 104 worth today?
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Source: Dubai Land Department. Updated 1 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,408 sqft
- Floor
- 1st of 31
- Parking
- 165
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 21,300 /yr
- Last sold
- AED 2.6M · June 2023
- Building
- Al Majara Tower 2
About 104, Al Majara Tower 2
104 is a two-bedroom apartment of 1,408 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 June 2023 for AED 2,600,000, or AED 1,846 per sqft, 6% above the AED 1,740 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 September 2023, is AED 100,359 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 21,300 a year.
Sales and rents for 104 over time
104 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 104 sits
All 88 2-beds →104 last sold in June 2023 at AED 1,846 per sqft, 6% above what two-beds in Al Majara Tower 2 were fetching at the time (AED 1,740). 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. 104's AED 100,359 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 | |
| 102 | 2-bed | 1,579 sqft | AED 2.95MAED 2,950,000 · Feb 2024February 2024 | 103,000 /yr | |
| 103 | 1-bed | 974 sqft | AED 842KAED 842,000 · May 2008May 2008 | 113,400 /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 |
104, Al Majara Tower 2 in numbers
- Sold twice: first on 20 September 2011 for AED 974,800, last on 22 June 2023 for AED 2,600,000 (AED 1,846 per sqft).
- Rented since June 2013 on 10 Ejari contracts, from AED 130,000 to AED 100,359 a year.
- At AED 100,359 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 21,300 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 1 September 2023.
Questions about 104, Al Majara Tower 2
What did unit 104 last sell for?
AED 2,600,000 on 22 June 2023: AED 1,846 per sqft for 1,408 sqft. The unit has 2 registered sales; the first was AED 974,800 in September 2011.
What is the rent for unit 104?
AED 100,359 a year on the contract signed on 1 September 2023. The previous contract, from September 2022, was AED 100,000; the unit has been rented since June 2013.
How big is unit 104?
1,408 sqft (130.8 sqm): a two-bedroom apartment on the 1st floor of a 31-storey tower completed in 2006.
What is unit 104 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 104, Al Majara Tower 2
Starts from the last sale price (AED 2.6M, 22 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus AED 114,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →