1401, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in December 2007, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1401, Al Majara Tower 2
What is 1401 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 388 sqft
- Floor
- 14th of 31
- Parking
- 476
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 5,900 /yr
- Last sold
- AED 415K · December 2007
- Building
- Al Majara Tower 2
About 1401, Al Majara Tower 2
1401 is a one-bedroom apartment of 388 sqft on the 14th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 24 December 2007 for AED 415,000, or AED 427 per sqft, in line with the AED 430 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 26 August 2025, is AED 99,750 a year: a gross yield of 24.0% on the 2007 price, before the service charge of about AED 5,900 a year.
Sales and rents for 1401 over time
1401 has sold once; the dashed line is the one-bed median of each year in the building.
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 1401 sits
All 146 1-beds →1401 last sold in December 2007 at AED 427 per sqft, in line with what one-beds in Al Majara Tower 2 were fetching at the time (AED 430). 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. 1401's AED 99,750 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jan 202621 January 2026 | 971 sqft | 2,125,000 | 2,188 | ||
| 16 Jan 202616 January 2026 | 842 sqft | 1,600,000 | 1,900 | ||
| 16 May 202516 May 2025 | 945 sqft | 2,100,000 | 2,222 | ||
| 15 Jan 202515 January 2025 | 945 sqft | 1,700,000 | 1,799 |
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 14th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1402 | 2-bed | 1,579 sqft | AED 3.3MAED 3,300,000 · Jun 2016June 2016 | 200,000 /yr | |
| 1403 | 1-bed | 974 sqft | AED 1.8MAED 1,800,000 · Oct 2022October 2022 | 100,000 /yr | |
| 1404 | 2-bed | 1,408 sqft | AED 1.13MAED 1,129,800 · Nov 2008November 2008 | ||
| 1405 | 1-bed | 841 sqft | AED 910KAED 910,000 · Jan 2021January 2021 | 75,000 /yr | |
| 1406 | 1-bed | 945 sqft | AED 1.6MAED 1,600,000 · Sep 2017September 2017 | 87,725 /yr | |
| 1407 | 1-bed | 842 sqft | AED 1.5MAED 1,500,000 · Nov 2017November 2017 | 110,000 /yr | |
| 1408 | 2-bed | 1,303 sqft | AED 986KAED 985,800 · Jul 2008July 2008 | 141,508 /yr |
1401, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 24 December 2007 for AED 415,000, or AED 427 per sqft.
- Rented since August 2014 on 10 Ejari contracts. The rent fell from AED 124,000 to AED 73,500 in 2019 and recovered to AED 99,750 by August 2025.
- At AED 99,750 a year the gross yield on the 2007 price is 24.0%, before a service charge of about AED 5,900 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 26 August 2025.
Questions about 1401, Al Majara Tower 2
What did unit 1401 last sell for?
AED 415,000 on 24 December 2007, sold by the developer: AED 427 per sqft for 388 sqft. It is the only registered sale of the unit.
What is the rent for unit 1401?
AED 99,750 a year on the contract renewed on 26 August 2025. The previous contract, from August 2024, was AED 95,000; the unit has been rented since August 2014.
How big is unit 1401?
388 sqft (36.0 sqm): a one-bedroom apartment on the 14th floor of a 31-storey tower completed in 2006.
What is unit 1401 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 1401, Al Majara Tower 2
Starts from the last sale price (AED 415K, 24 December 2007). Switch to today's estimate once you have unlocked it.- Price
- AED 415,000
- Deposit, UAE resident (20%)
- AED 83,000
- Deposit, non-resident (40%)
- AED 166,000
- Monthly over 25 years at 3.7%
- AED 1,698
Plus AED 20,340 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →