1505, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1505, Al Majara Tower 2
What is 1505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 841 sqft
- Floor
- 15th of 31
- Parking
- 485
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,700 /yr
- Last sold
- AED 677K · March 2011
- Building
- Al Majara Tower 2
About 1505, Al Majara Tower 2
1505 is a one-bedroom apartment of 841 sqft on the 15th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 28 March 2011 for AED 676,800, or AED 804 per sqft, 10% above the AED 730 one-beds in the building were fetching at the time.
It has been rented continuously since 2011 on 14 Ejari contracts. The current contract, renewed on 26 July 2025, is AED 94,500 a year: a gross yield of 14.0% on the 2011 price, before the service charge of about AED 12,700 a year.
Sales and rents for 1505 over time
1505 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 1505 sits
All 146 1-beds →1505 last sold in March 2011 at AED 804 per sqft, 10% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 730). 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. 1505's AED 94,500 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 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 | |
| 1502 | 2-bed | 1,579 sqft | AED 3.9MAED 3,900,000 · Apr 2025April 2025 | 155,000 /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 | |
| 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 |
1505, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 28 March 2011 for AED 676,800, or AED 804 per sqft.
- Rented since September 2011 on 14 Ejari contracts, from AED 68,000 to AED 94,500 a year.
- At AED 94,500 a year the gross yield on the 2011 price is 14.0%, before a service charge of about AED 12,700 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 26 July 2025.
Questions about 1505, Al Majara Tower 2
What did unit 1505 last sell for?
AED 676,800 on 28 March 2011, sold by the developer: AED 804 per sqft for 841 sqft. It is the only registered sale of the unit.
What is the rent for unit 1505?
AED 94,500 a year on the contract renewed on 26 July 2025. The previous contract, from July 2024, was AED 90,000; the unit has been rented since September 2011.
How big is unit 1505?
841 sqft (78.1 sqm): a one-bedroom apartment on the 15th floor of a 31-storey tower completed in 2006.
What is unit 1505 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 1505, Al Majara Tower 2
Starts from the last sale price (AED 677K, 28 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 676,800
- Deposit, UAE resident (20%)
- AED 135,360
- Deposit, non-resident (40%)
- AED 270,720
- Monthly over 25 years at 3.7%
- AED 2,769
Plus AED 33,436 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →