1502, Al Majara Tower 2
Sold prices and rental history: sold 3 times, last in April 2025, 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 1502, Al Majara Tower 2
What is 1502 worth today?
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Source: Dubai Land Department. Updated 23 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,579 sqft
- Floor
- 15th of 31
- Parking
- 488
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 23,900 /yr
- Last sold
- AED 3.9M · April 2025
- Building
- Al Majara Tower 2
About 1502, Al Majara Tower 2
1502 is a two-bedroom apartment of 1,579 sqft on the 15th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 23 April 2025 for AED 3,900,000, or AED 2,469 per sqft, in line with the AED 2,423 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 3 February 2024, is AED 155,000 a year: a gross yield of 4.0% on the 2025 price, before the service charge of about AED 23,900 a year.
Sales and rents for 1502 over time
1502 has sold 3 times; 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 1502 sits
All 88 2-beds →1502 last sold in April 2025 at AED 2,469 per sqft, in line with what two-beds in Al Majara Tower 2 were fetching at the time (AED 2,423). 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. 1502's AED 155,000 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 | ||
| 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 | ||
| 16 Dec 202416 December 2024 | 1,579 sqft | 2,600,000 | 1,646 |
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 15th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 971 sqft | AED 377KAED 377,400 · Apr 2010April 2010 | 89,250 /yr | |
| 1503 | 1-bed | 974 sqft | AED 1.8MAED 1,800,000 · Mar 2016March 2016 | 130,000 /yr | |
| 1504 | 2-bed | 1,408 sqft | AED 2.05MAED 2,050,000 · Feb 2018February 2018 | 165,000 /yr | |
| 1505 | 1-bed | 841 sqft | AED 677KAED 676,800 · Mar 2011March 2011 | 94,500 /yr | |
| 1506 | 1-bed | 945 sqft | AED 1.19MAED 1,190,000 · Dec 2021December 2021 | 125,000 /yr | |
| 1507 | 1-bed | 842 sqft | AED 800KAED 800,000 · Jun 2011June 2011 | 95,000 /yr | |
| 1508 | 2-bed | 1,303 sqft | AED 1.34MAED 1,335,000 · Aug 2011August 2011 | 150,000 /yr |
1502, Al Majara Tower 2 in numbers
- Sold 3 times: first on 17 June 2010 for AED 674,150, last on 23 April 2025 for AED 3,900,000 (AED 2,469 per sqft).
- Rented since May 2013 on 11 Ejari contracts. The rent fell from AED 185,000 to AED 107,000 in 2020 and recovered to AED 155,000 by February 2024.
- At AED 155,000 a year the gross yield on the 2025 price is 4.0%, 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 23 April 2025.
Questions about 1502, Al Majara Tower 2
What did unit 1502 last sell for?
AED 3,900,000 on 23 April 2025: AED 2,469 per sqft for 1,579 sqft. The unit has 3 registered sales; the first was AED 674,150 in June 2010.
What is the rent for unit 1502?
AED 155,000 a year on the contract renewed on 3 February 2024. The previous contract, from February 2023, was AED 155,000; the unit has been rented since May 2013.
How big is unit 1502?
1,579 sqft (146.7 sqm): a two-bedroom apartment on the 15th floor of a 31-storey tower completed in 2006.
What is unit 1502 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 1502, Al Majara Tower 2
Starts from the last sale price (AED 3.9M, 23 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,900,000
- Deposit, UAE resident (20%)
- AED 780,000
- Deposit, non-resident (40%)
- AED 1,560,000
- Monthly over 25 years at 3.7%
- AED 15,956
Plus AED 168,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →