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2-bed · 1,579 sqftAl Majara Tower 2, Dubai Marina · 17th floor · completed 2006

1702, Al Majara Tower 2

Sold prices and rental history: sold once, by the developer in January 2008, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 7 March 2025
Last soldAED 687K16 January 2008
Current rentAED 185K /yr7 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Al Majara Tower 2

What is 1702 worth today?

Last sold for AED 686,650 in 2008

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7 Mar 2025RentedRenewal
AED 185,000/yr12 months · AED 117 per sqft
7 Mar 2023RentedNew contract
AED 185,000/yr12 months · AED 117 per sqft
16 Jan 2008Sold by developerReady
AED 686,650AED 434 per sqft

Source: Dubai Land Department. Updated 7 March 2025.

Key facts

Type
2-bed apartment
Size
1,579 sqft
Floor
17th of 31
Parking
472
Developer
Emaar
Completed
2006
Service charge
AED 23,900 /yr
Last sold
AED 687K · January 2008
Building
Al Majara Tower 2

About 1702, Al Majara Tower 2

1702 is a two-bedroom apartment of 1,579 sqft on the 17th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 16 January 2008 for AED 686,650, or AED 434 per sqft.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 7 March 2025, is AED 185,000 a year: a gross yield of 26.9% on the 2008 price, before the service charge of about AED 23,900 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, each saleTypical two-bed in Al Majara Tower 2
2M4M2008201320182023Typical sale price by year: 2008 AED 1,600,000; 2009 AED 1,287,500; 2010 AED 931,888; 2011 AED 1,297,800; 2012 AED 1,712,500; 2013 AED 2,200,000; 2014 AED 2,825,000; 2015 AED 1,950,000; 2016 AED 2,350,000; 2017 AED 2,525,000; 2018 AED 2,266,250; 2019 AED 1,800,000; 2020 AED 1,750,000; 2021 AED 1,940,000; 2022 AED 2,217,500; 2023 AED 2,675,000; 2024 AED 2,950,000; 2025 AED 4,150,000Sold by developer, January 2008: AED 686,650 (AED 434 per sqft)

1702 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1702, each contractTypical two-bed in Al Majara Tower 2
100K150K2012201620202024Typical rent by year: 2012 AED 138,331; 2013 AED 150,000; 2014 AED 160,000; 2015 AED 165,000; 2016 AED 167,500; 2017 AED 157,095; 2018 AED 137,500; 2019 AED 120,000; 2020 AED 106,000; 2021 AED 105,000; 2022 AED 120,000; 2023 AED 140,000; 2024 AED 165,000; 2025 AED 171,500; 2026 AED 185,000New contract, March 2023: AED 185,000 a yearRenewal, March 2025: AED 185,000 a year

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 1702 sits

All 88 2-beds →

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. 1702's AED 185,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Dec 20254,150,000
23 Apr 20253,900,000
16 Apr 20254,175,000
19 Dec 20242,650,000
1 2-bed sale in the last 12 months

Al Majara Tower 2

Building

246 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%
Al Majara Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 17th floor

All 246 units in Al Majara Tower 2
Value
17011-bedAED 1.5M · Jun 2022
17031-bedAED 2M · Aug 2008
17042-bedAED 2.57M · Jun 2017
17051-bedAED 1M · Mar 2020
17061-bedAED 734K · Nov 2008
17071-bedAED 1.22M · Oct 2022
17082-bedAED 1.86M · Apr 2022

1702, Al Majara Tower 2 in numbers

  • Sold once: by Emaar on 16 January 2008 for AED 686,650, or AED 434 per sqft.
  • Rented since March 2023 on 2 Ejari contracts, at AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2008 price is 26.9%, 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 7 March 2025.

Questions about 1702, Al Majara Tower 2

What did unit 1702 last sell for?

AED 686,650 on 16 January 2008, sold by the developer: AED 434 per sqft for 1,579 sqft. It is the only registered sale of the unit.

What is the rent for unit 1702?

AED 185,000 a year on the contract renewed on 7 March 2025. The previous contract, from March 2023, was AED 185,000.

How big is unit 1702?

1,579 sqft (146.7 sqm): a two-bedroom apartment on the 17th floor of a 31-storey tower completed in 2006.

What is unit 1702 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 1702, Al Majara Tower 2

Starts from the last sale price (AED 687K, 16 January 2008). Switch to today's estimate once you have unlocked it.
Price
AED 686,650
Deposit, UAE resident (20%)
AED 137,330
Deposit, non-resident (40%)
AED 274,660
Monthly over 25 years at 3.7%
AED 2,809

Plus AED 33,849 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →