1704, Al Majara Tower 2
Sold prices and rental history: sold 3 times, last in June 2017, 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 1704, Al Majara Tower 2
What is 1704 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 23 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,408 sqft
- Floor
- 17th of 31
- Parking
- 470
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 21,300 /yr
- Last sold
- AED 2.57M · June 2017
- Building
- Al Majara Tower 2
About 1704, Al Majara Tower 2
1704 is a two-bedroom apartment of 1,408 sqft on the 17th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 13 June 2017 for AED 2,565,000, or AED 1,821 per sqft, in line with the AED 1,776 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 23 March 2025, is AED 200,000 a year: a gross yield of 7.8% on the 2017 price, before the service charge of about AED 21,300 a year.
Sales and rents for 1704 over time
1704 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 1704 sits
All 88 2-beds →1704 last sold in June 2017 at AED 1,821 per sqft, in line with what two-beds in Al Majara Tower 2 were fetching at the time (AED 1,776). 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. 1704's AED 200,000 is in the upper 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 | ||
| 23 Apr 202523 April 2025 | 1,579 sqft | 3,900,000 | 2,469 | ||
| 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 |
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 17th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 971 sqft | AED 1.5MAED 1,500,000 · Jun 2022June 2022 | 130,000 /yr | |
| 1702 | 2-bed | 1,579 sqft | AED 687KAED 686,650 · Jan 2008January 2008 | 185,000 /yr | |
| 1703 | 1-bed | 974 sqft | AED 2MAED 2,000,000 · Aug 2008August 2008 | 105,000 /yr | |
| 1705 | 1-bed | 841 sqft | AED 1MAED 1,000,000 · Mar 2020March 2020 | 110,000 /yr | |
| 1706 | 1-bed | 945 sqft | AED 734KAED 733,800 · Nov 2008November 2008 | 82,000 /yr | |
| 1707 | 1-bed | 842 sqft | AED 1.22MAED 1,215,000 · Oct 2022October 2022 | 100,000 /yr | |
| 1708 | 2-bed | 1,303 sqft | AED 1.86MAED 1,857,500 · Apr 2022April 2022 | 200,000 /yr |
1704, Al Majara Tower 2 in numbers
- Sold 3 times: first on 26 August 2008 for AED 2,700,000, last on 13 June 2017 for AED 2,565,000 (AED 1,821 per sqft).
- Rented since August 2013 on 10 Ejari contracts. The rent fell from AED 180,000 to AED 150,000 in 2021 and recovered to AED 200,000 by March 2025.
- At AED 200,000 a year the gross yield on the 2017 price is 7.8%, before a service charge of about AED 21,300 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: YallaValue analysis of Dubai Land Department records. Updated 23 March 2025.
Questions about 1704, Al Majara Tower 2
What did unit 1704 last sell for?
AED 2,565,000 on 13 June 2017: AED 1,821 per sqft for 1,408 sqft. The unit has 3 registered sales; the first was AED 2,700,000 in August 2008.
What is the rent for unit 1704?
AED 200,000 a year on the contract renewed on 23 March 2025. The previous contract, from March 2024, was AED 195,000; the unit has been rented since August 2013.
How big is unit 1704?
1,408 sqft (130.8 sqm): a two-bedroom apartment on the 17th floor of a 31-storey tower completed in 2006.
What is unit 1704 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 1704, Al Majara Tower 2
Starts from the last sale price (AED 2.57M, 13 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,565,000
- Deposit, UAE resident (20%)
- AED 513,000
- Deposit, non-resident (40%)
- AED 1,026,000
- Monthly over 25 years at 3.7%
- AED 10,494
Plus AED 112,740 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →