1402, Al Majara Tower 2
Sold prices and rental history: sold twice, last in June 2016, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1402, Al Majara Tower 2
What is 1402 worth today?
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Source: Dubai Land Department. Updated 21 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,579 sqft
- Floor
- 14th of 31
- Parking
- 497
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 23,900 /yr
- Last sold
- AED 3.3M · June 2016
- Building
- Al Majara Tower 2
About 1402, Al Majara Tower 2
1402 is a two-bedroom apartment of 1,579 sqft on the 14th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 1 June 2016 for AED 3,300,000, or AED 2,089 per sqft, 48% above the AED 1,411 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 21 February 2025, is AED 200,000 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 23,900 a year.
Sales and rents for 1402 over time
1402 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 1402 sits
All 88 2-beds →1402 last sold in June 2016 at AED 2,089 per sqft, 48% above what two-beds in Al Majara Tower 2 were fetching at the time (AED 1,411). 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. 1402's AED 200,000 is in the upper 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 14th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 388 sqft | AED 415KAED 415,000 · Dec 2007December 2007 | 99,750 /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 |
1402, Al Majara Tower 2 in numbers
- Sold twice: first on 1 February 2009 for AED 1,125,000, last on 1 June 2016 for AED 3,300,000 (AED 2,089 per sqft).
- Rented since February 2024 on 2 Ejari contracts, at AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2016 price is 6.1%, before a service charge of about AED 23,900 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 21 February 2025.
Questions about 1402, Al Majara Tower 2
What did unit 1402 last sell for?
AED 3,300,000 on 1 June 2016: AED 2,089 per sqft for 1,579 sqft. The unit has 2 registered sales; the first was AED 1,125,000 in February 2009.
What is the rent for unit 1402?
AED 200,000 a year on the contract renewed on 21 February 2025. The previous contract, from February 2024, was AED 200,000.
How big is unit 1402?
1,579 sqft (146.7 sqm): a two-bedroom apartment on the 14th floor of a 31-storey tower completed in 2006.
What is unit 1402 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 1402, Al Majara Tower 2
Starts from the last sale price (AED 3.3M, 1 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 3,300,000
- Deposit, UAE resident (20%)
- AED 660,000
- Deposit, non-resident (40%)
- AED 1,320,000
- Monthly over 25 years at 3.7%
- AED 13,501
Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →