1-bed · 841 sqftAl Majara Tower 2, Dubai Marina · 1st floor · completed 2006

105, Al Majara Tower 2

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 105 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 1.59M31 May 2024
Current rentAED 105K /yr30 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 105, Al Majara Tower 2

What is 105 worth today?

Last sold for AED 1,585,000 in 2024

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31 May 2024SoldReady
AED 1,585,000AED 1,884 per sqft
20 Jun 2023SoldReady
AED 1,318,644AED 1,567 per sqft
1 Mar 2018SoldReady
AED 1,200,000AED 1,426 per sqft
30 Oct 2016RentedRenewal
AED 105,000/yr12 months · AED 125 per sqft
30 Oct 2015RentedRenewal
AED 105,000/yr12 months · AED 125 per sqft
30 Oct 2014RentedNew contract
AED 105,000/yr12 months · AED 125 per sqft
11 Sep 2013RentedRenewal
AED 65,000/yr12 months · AED 77 per sqft
11 Sep 2012RentedRenewal
AED 65,000/yr12 months · AED 77 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 May 2024.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
1st of 31
Parking
166
Developer
Emaar
Completed
2006
Service charge
AED 12,700 /yr
Last sold
AED 1.59M · May 2024

About 105, Al Majara Tower 2

105 is a one-bedroom apartment of 841 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 31 May 2024 for AED 1,585,000, or AED 1,884 per sqft, 6% above the AED 1,771 one-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 6 Ejari contracts. The current contract, renewed on 30 October 2016, is AED 105,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 12,700 a year.

Sales and rents for 105 over time

Sales
Unit 105, each saleTypical one-bed in Al Majara Tower 2
1M2M2007201220172022Typical sale price by year: 2007 AED 402,950; 2008 AED 880,000; 2009 AED 799,800; 2010 AED 598,800; 2011 AED 732,400; 2012 AED 1,000,000; 2013 AED 990,000; 2014 AED 1,675,000; 2015 AED 1,600,000; 2016 AED 1,450,000; 2017 AED 1,500,000; 2018 AED 1,215,328; 2019 AED 1,085,000; 2020 AED 1,000,000; 2021 AED 1,100,000; 2022 AED 1,450,000; 2023 AED 1,500,000; 2024 AED 1,825,000Sold by developer, April 2008: AED 549,800 (AED 653 per sqft)Sold, March 2018: AED 1,200,000 (AED 1,426 per sqft)Sold, June 2023: AED 1,318,644 (AED 1,567 per sqft)Sold, May 2024: AED 1,585,000 (AED 1,884 per sqft)

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

Rents
Unit 105, each contractTypical one-bed in Al Majara Tower 2
75K100K125K20112015201920232027Typical rent by year: 2011 AED 65,000; 2012 AED 75,000; 2013 AED 95,000; 2014 AED 111,500; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 105,000; 2018 AED 90,000; 2019 AED 82,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 83,000; 2023 AED 90,650; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 97,644New contract, September 2011: AED 65,000 a yearRenewal, September 2012: AED 65,000 a yearRenewal, September 2013: AED 65,000 a yearNew contract, October 2014: AED 105,000 a yearRenewal, October 2015: AED 105,000 a yearRenewal, October 2016: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Majara Tower 2, and where 105 sits

All 146 1-beds →

105 last sold in May 2024 at AED 1,884 per sqft, 6% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,771). Over the last 12 months one-beds sold for AED 1,600,000 to 2,125,000, around AED 2,044 per sqft, and rent for AED 82,000 to 135,000 a year. 105's AED 105,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jan 20262,125,000
16 Jan 20261,600,000
16 May 20252,100,000
15 Jan 20251,700,000
2 1-bed sales in the last 12 months

Al Majara Tower 2

Building

246 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%
Al Majara Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 1st floor

All 246 units in Al Majara Tower 2
Value
1011-bedAED 315K · May 2010
1022-bedAED 2.95M · Feb 2024
1031-bedAED 842K · May 2008
1042-bedAED 2.6M · Jun 2023
1061-bedAED 1.15M · Feb 2018
1071-bedAED 1.44M · May 2008
1081-bedAED 857K · Mar 2016

105, Al Majara Tower 2 in numbers

  • Sold 4 times: first on 14 April 2008 for AED 549,800, last on 31 May 2024 for AED 1,585,000 (AED 1,884 per sqft).
  • Rented since September 2011 on 6 Ejari contracts, from AED 65,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 12,700 a year (AED 15.11 per sqft).
  • One-beds in Al Majara Tower 2 sold for AED 1,600,000–2,125,000 in the 12 months to November 2026; the building's median across all types is AED 2,295 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 31 May 2024.

Questions about 105, Al Majara Tower 2

What did unit 105 last sell for?

AED 1,585,000 on 31 May 2024: AED 1,884 per sqft for 841 sqft. The unit has 4 registered sales; the first was AED 549,800 in April 2008.

What is the rent for unit 105?

AED 105,000 a year on the contract renewed on 30 October 2016. The previous contract, from October 2015, was AED 105,000; the unit has been rented since September 2011.

How big is unit 105?

841 sqft (78.1 sqm): a one-bedroom apartment on the 1st floor of a 31-storey tower completed in 2006.

What is unit 105 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Majara Tower 2 sold for AED 1,600,000 to 2,125,000 in the last 12 months, around AED 2,044 per sqft.

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Mortgage on 105, Al Majara Tower 2

Starts from the last sale price (AED 1.59M, 31 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,585,000
Deposit, UAE resident (20%)
AED 317,000
Deposit, non-resident (40%)
AED 634,000
Monthly over 25 years at 3.7%
AED 6,485

Plus AED 71,580 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →