1607, Al Majara Tower 2
Sold prices and rental history: sold 4 times, last in February 2023, 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 1607, Al Majara Tower 2
What is 1607 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 842 sqft
- Floor
- 16th of 31
- Parking
- 475
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.19M · February 2023
- Building
- Al Majara Tower 2
About 1607, Al Majara Tower 2
1607 is a one-bedroom apartment of 842 sqft on the 16th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 13 February 2023 for AED 1,185,000, or AED 1,407 per sqft, 8% below the AED 1,522 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 May 2025, is AED 125,000 a year: a gross yield of 10.5% on the 2023 price, before the service charge of about AED 12,700 a year.
Sales and rents for 1607 over time
1607 has sold 4 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 1607 sits
All 146 1-beds →1607 last sold in February 2023 at AED 1,407 per sqft, 8% below what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,522). 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. 1607'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 16th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 971 sqft | AED 1.9MAED 1,900,000 · Jun 2015June 2015 | ||
| 1602 | 2-bed | 1,579 sqft | AED 680KAED 680,400 · Jun 2010June 2010 | 185,000 /yr | |
| 1603 | 1-bed | 974 sqft | AED 1.7MAED 1,700,000 · Jul 2016July 2016 | 100,000 /yr | |
| 1604 | 2-bed | 1,408 sqft | AED 2.5MAED 2,500,000 · Jun 2022June 2022 | 140,000 /yr | |
| 1605 | 1-bed | 841 sqft | AED 684KAED 683,800 · Jul 2016July 2016 | 70,000 /yr | |
| 1606 | 1-bed | 945 sqft | AED 2MAED 2,000,000 · Aug 2024August 2024 | 120,000 /yr | |
| 1608 | 1,303 sqft | AED 3.05MAED 3,050,000 · Sep 2025September 2025 | 140,000 /yr |
1607, Al Majara Tower 2 in numbers
- Sold 4 times: first on 26 April 2010 for AED 269,400, last on 13 February 2023 for AED 1,185,000 (AED 1,407 per sqft).
- Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 95,734 to AED 60,000 in 2021 and recovered to AED 125,000 by May 2025.
- At AED 125,000 a year the gross yield on the 2023 price is 10.5%, 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: Dubai Land Department. Updated 1 May 2025.
Questions about 1607, Al Majara Tower 2
What did unit 1607 last sell for?
AED 1,185,000 on 13 February 2023: AED 1,407 per sqft for 842 sqft. The unit has 4 registered sales; the first was AED 269,400 in April 2010.
What is the rent for unit 1607?
AED 125,000 a year on the contract signed on 1 May 2025. The previous contract, from September 2022, was AED 70,000; the unit has been rented since November 2014.
How big is unit 1607?
842 sqft (78.2 sqm): a one-bedroom apartment on the 16th floor of a 31-storey tower completed in 2006.
What is unit 1607 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 1607, Al Majara Tower 2
Starts from the last sale price (AED 1.19M, 13 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,185,000
- Deposit, UAE resident (20%)
- AED 237,000
- Deposit, non-resident (40%)
- AED 474,000
- Monthly over 25 years at 3.7%
- AED 4,848
Plus AED 54,780 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →