1506, Al Majara Tower 2
Sold prices and rental history: sold 3 times, last in December 2021, 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 1506, Al Majara Tower 2
What is 1506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 945 sqft
- Floor
- 15th of 31
- Parking
- 484
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,300 /yr
- Last sold
- AED 1.19M · December 2021
- Building
- Al Majara Tower 2
About 1506, Al Majara Tower 2
1506 is a one-bedroom apartment of 945 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 20 December 2021 for AED 1,190,000, or AED 1,259 per sqft, in line with the AED 1,248 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 8 March 2025, is AED 125,000 a year: a gross yield of 10.5% on the 2021 price, before the service charge of about AED 14,300 a year.
Sales and rents for 1506 over time
1506 has sold 3 times; 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 1506 sits
All 146 1-beds →1506 last sold in December 2021 at AED 1,259 per sqft, in line with what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,248). 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. 1506's AED 125,000 is in the upper 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 | |
| 1505 | 1-bed | 841 sqft | AED 677KAED 676,800 · Mar 2011March 2011 | 94,500 /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 |
1506, Al Majara Tower 2 in numbers
- Sold 3 times: first on 5 August 2010 for AED 1,060,606, last on 20 December 2021 for AED 1,190,000 (AED 1,259 per sqft).
- Rented since July 2014 on 8 Ejari contracts. The rent fell from AED 75,520 to AED 65,000 in 2020 and recovered to AED 125,000 by March 2025.
- At AED 125,000 a year the gross yield on the 2021 price is 10.5%, before a service charge of about AED 14,300 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 8 March 2025.
Questions about 1506, Al Majara Tower 2
What did unit 1506 last sell for?
AED 1,190,000 on 20 December 2021: AED 1,259 per sqft for 945 sqft. The unit has 3 registered sales; the first was AED 1,060,606 in August 2010.
What is the rent for unit 1506?
AED 125,000 a year on the contract signed on 8 March 2025. The previous contract, from November 2020, was AED 65,000; the unit has been rented since July 2014.
How big is unit 1506?
945 sqft (87.8 sqm): a one-bedroom apartment on the 15th floor of a 31-storey tower completed in 2006.
What is unit 1506 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 1506, Al Majara Tower 2
Starts from the last sale price (AED 1.19M, 20 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,190,000
- Deposit, UAE resident (20%)
- AED 238,000
- Deposit, non-resident (40%)
- AED 476,000
- Monthly over 25 years at 3.7%
- AED 4,869
Plus AED 54,990 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →