1208, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in June 2008, 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 1208, Al Majara Tower 2
What is 1208 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 12 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,303 sqft
- Floor
- 12th of 31
- Parking
- 631
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 19,700 /yr
- Last sold
- AED 2.04M · June 2008
- Building
- Al Majara Tower 2
About 1208, Al Majara Tower 2
1208 is a two-bedroom apartment of 1,303 sqft on the 12th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 3 June 2008 for AED 2,040,000, or AED 1,565 per sqft, 22% above the AED 1,285 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 12 April 2025, is AED 140,000 a year: a gross yield of 6.9% on the 2008 price, before the service charge of about AED 19,700 a year.
Sales and rents for 1208 over time
1208 has sold once; 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 1208 sits
All 88 2-beds →1208 last sold in June 2008 at AED 1,565 per sqft, 22% above what two-beds in Al Majara Tower 2 were fetching at the time (AED 1,285). 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. 1208's AED 140,000 is in the lower half 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 12th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 971 sqft | AED 1.1MAED 1,095,000 · Sep 2011September 2011 | 117,000 /yr | |
| 1202 | 2-bed | 1,579 sqft | AED 1.98MAED 1,975,000 · Oct 2020October 2020 | 140,000 /yr | |
| 1203 | 1-bed | 974 sqft | AED 1.68MAED 1,675,000 · Dec 2022December 2022 | 140,000 /yr | |
| 1204 | 2-bed | 1,408 sqft | AED 2.45MAED 2,450,000 · Sep 2022September 2022 | 125,000 /yr | |
| 1205 | 1-bed | 841 sqft | AED 1.38MAED 1,375,000 · Aug 2022August 2022 | 120,000 /yr | |
| 1206 | 1-bed | 945 sqft | AED 1.02MAED 1,019,700 · Aug 2008August 2008 | 125,000 /yr | |
| 1207 | 1-bed | 842 sqft | AED 1.38MAED 1,375,000 · Apr 2015April 2015 | 168,000 /yr |
1208, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 3 June 2008 for AED 2,040,000, or AED 1,565 per sqft.
- Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 105,000 in 2021 and recovered to AED 140,000 by April 2025.
- At AED 140,000 a year the gross yield on the 2008 price is 6.9%, before a service charge of about AED 19,700 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: YallaValue analysis of Dubai Land Department records. Updated 12 April 2025.
Questions about 1208, Al Majara Tower 2
What did unit 1208 last sell for?
AED 2,040,000 on 3 June 2008, sold by the developer: AED 1,565 per sqft for 1,303 sqft. It is the only registered sale of the unit.
What is the rent for unit 1208?
AED 140,000 a year on the contract renewed on 12 April 2025. The previous contract, from April 2024, was AED 140,000; the unit has been rented since July 2013.
How big is unit 1208?
1,303 sqft (121.1 sqm): a two-bedroom apartment on the 12th floor of a 31-storey tower completed in 2006.
What is unit 1208 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 1208, Al Majara Tower 2
Starts from the last sale price (AED 2.04M, 3 June 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 2,040,000
- Deposit, UAE resident (20%)
- AED 408,000
- Deposit, non-resident (40%)
- AED 816,000
- Monthly over 25 years at 3.7%
- AED 8,346
Plus AED 90,690 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →