1-bed · 1,303 sqftAl Majara Tower 2, Dubai Marina · 1st floor · completed 2006

108, Al Majara Tower 2

Sold prices and rental history: sold once, by the developer in March 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 7 April 2025
Last soldAED 857K15 March 2016
Current rentAED 130K /yr7 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Al Majara Tower 2

What is 108 worth today?

Last sold for AED 856,800 in 2016

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7 Apr 2025RentedNew contract
AED 130,000/yr12 months · AED 100 per sqft
1 Jul 2024RentedRenewal
AED 112,000/yr12 months · AED 86 per sqft
1 Jul 2023RentedRenewal
AED 102,900/yr12 months · AED 79 per sqft
1 Jul 2022RentedRenewal
AED 102,900/yr12 months · AED 79 per sqft
1 Jul 2021RentedRenewal
AED 98,000/yr12 months · AED 75 per sqft
17 Jun 2019RentedRenewal
AED 102,000/yr12 months · AED 78 per sqft
17 Jun 2018RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft
15 Jan 2018RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 April 2025.

Key facts

Type
1-bed apartment
Size
1,303 sqft
Floor
1st of 31
Parking
610
Developer
Emaar
Completed
2006
Service charge
AED 19,700 /yr
Last sold
AED 857K · March 2016

About 108, Al Majara Tower 2

108 is a one-bedroom apartment of 1,303 sqft on the 1st floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 15 March 2016 for AED 856,800, or AED 657 per sqft, 64% below the AED 1,847 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 7 April 2025, is AED 130,000 a year: a gross yield of 15.2% on the 2016 price, before the service charge of about AED 19,700 a year.

Sales and rents for 108 over time

Sales
Unit 108, 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, March 2016: AED 856,800 (AED 657 per sqft)

108 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 108, each contractTypical one-bed in Al Majara Tower 2
100K150K20112015201920232027Typical 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 2013: AED 110,000 a yearNew contract, September 2014: AED 121,000 a yearRenewal, September 2015: AED 133,100 a yearNew contract, September 2016: AED 140,000 a yearNew contract, January 2018: AED 110,000 a yearNew contract, June 2018: AED 110,000 a yearRenewal, June 2019: AED 102,000 a yearRenewal, July 2021: AED 98,000 a yearRenewal, July 2022: AED 102,900 a yearRenewal, July 2023: AED 102,900 a yearRenewal, July 2024: AED 112,000 a yearNew contract, April 2025: AED 130,000 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 108 sits

All 146 1-beds →

108 last sold in March 2016 at AED 657 per sqft, 64% below what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,847). 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. 108's AED 130,000 is in the upper 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
1051-bedAED 1.59M · May 2024
1061-bedAED 1.15M · Feb 2018
1071-bedAED 1.44M · May 2008

108, Al Majara Tower 2 in numbers

  • Sold once: by Emaar on 15 March 2016 for AED 856,800, or AED 657 per sqft.
  • Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 110,000 to AED 98,000 in 2021 and recovered to AED 130,000 by April 2025.
  • At AED 130,000 a year the gross yield on the 2016 price is 15.2%, before a service charge of about AED 19,700 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 7 April 2025.

Questions about 108, Al Majara Tower 2

What did unit 108 last sell for?

AED 856,800 on 15 March 2016, sold by the developer: AED 657 per sqft for 1,303 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 130,000 a year on the contract signed on 7 April 2025. The previous contract, from July 2024, was AED 112,000; the unit has been rented since September 2013.

How big is unit 108?

1,303 sqft (121.1 sqm): a one-bedroom apartment on the 1st floor of a 31-storey tower completed in 2006.

What is unit 108 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 108, Al Majara Tower 2

Starts from the last sale price (AED 857K, 15 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 856,800
Deposit, UAE resident (20%)
AED 171,360
Deposit, non-resident (40%)
AED 342,720
Monthly over 25 years at 3.7%
AED 3,505

Plus AED 40,996 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →