1-bed · 971 sqftAl Majara Tower 2, Dubai Marina · 19th floor · completed 2006

1901, Al Majara Tower 2

Sold prices and rental history: sold twice, last in October 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1901 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 1.4M11 October 2012
Current rentAED 115K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1901, Al Majara Tower 2

What is 1901 worth today?

Last sold for AED 1,400,000 in 2012

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15 Mar 2024RentedNew contract
AED 115,000/yr12 months · AED 118 per sqft
30 Jun 2022RentedNew contract
AED 77,000/yr12 months · AED 79 per sqft
30 Jun 2021RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft
30 Jun 2020RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft
30 Jun 2019RentedNew contract
AED 77,000/yr12 months · AED 79 per sqft
1 May 2018RentedRenewal
AED 100,000/yr12 months · AED 103 per sqft
1 May 2017RentedNew contract
AED 100,000/yr12 months · AED 103 per sqft
30 Apr 2016RentedNew contract
AED 120,000/yr12 months · AED 124 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 March 2024.

Key facts

Type
1-bed apartment
Size
971 sqft
Floor
19th of 31
Parking
467
Developer
Emaar
Completed
2006
Service charge
AED 14,700 /yr
Last sold
AED 1.4M · October 2012

About 1901, Al Majara Tower 2

1901 is a one-bedroom apartment of 971 sqft on the 19th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 11 October 2012 for AED 1,400,000, or AED 1,441 per sqft, 41% above the AED 1,022 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 15 March 2024, is AED 115,000 a year: a gross yield of 8.2% on the 2012 price, before the service charge of about AED 14,700 a year.

Sales and rents for 1901 over time

Sales
Unit 1901, each saleTypical one-bed in Al Majara Tower 2
1M2M2007201220172022Typical sale price by year: 2007 AED 402,950; 2008 AED 880,000; 2009 AED 799,800; 2010 AED 598,800; 2011 AED 732,400; 2012 AED 1,000,000; 2013 AED 990,000; 2014 AED 1,675,000; 2015 AED 1,600,000; 2016 AED 1,450,000; 2017 AED 1,500,000; 2018 AED 1,215,328; 2019 AED 1,085,000; 2020 AED 1,000,000; 2021 AED 1,100,000; 2022 AED 1,450,000; 2023 AED 1,500,000; 2024 AED 1,825,000Sold by developer, June 2010: AED 1,325,000 (AED 1,364 per sqft)Sold, October 2012: AED 1,400,000 (AED 1,441 per sqft)

1901 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1901, each contractTypical one-bed in Al Majara Tower 2
75K100K125K20112015201920232027Typical rent by year: 2011 AED 65,000; 2012 AED 75,000; 2013 AED 95,000; 2014 AED 111,500; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 105,000; 2018 AED 90,000; 2019 AED 82,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 83,000; 2023 AED 90,650; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 97,644New contract, May 2014: AED 120,000 a yearNew contract, April 2016: AED 120,000 a yearNew contract, May 2017: AED 100,000 a yearRenewal, May 2018: AED 100,000 a yearNew contract, June 2019: AED 77,000 a yearNew contract, June 2020: AED 70,000 a yearNew contract, June 2021: AED 70,000 a yearNew contract, June 2022: AED 77,000 a yearNew contract, March 2024: AED 115,000 a year

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 1901 sits

All 146 1-beds →

1901 last sold in October 2012 at AED 1,441 per sqft, 41% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,022). 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. 1901's AED 115,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jan 20262,125,000
16 Jan 20261,600,000
16 May 20252,100,000
15 Jan 20251,700,000
2 1-bed sales 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 19th floor

All 246 units in Al Majara Tower 2
Value
19022-bedAED 3M · Sep 2023
19031-bedAED 875K · May 2014
19042-bedAED 1.19M · Jul 2010
19051-bedAED 1.22M · May 2018
19061-bedAED 1.6M · May 2024
19071-bedAED 1.3M · Feb 2009
19082-bedAED 2M · Aug 2022

1901, Al Majara Tower 2 in numbers

  • Sold twice: first on 30 June 2010 for AED 1,325,000, last on 11 October 2012 for AED 1,400,000 (AED 1,441 per sqft).
  • Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 120,000 to AED 70,000 in 2021 and recovered to AED 115,000 by March 2024.
  • At AED 115,000 a year the gross yield on the 2012 price is 8.2%, before a service charge of about AED 14,700 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 15 March 2024.

Questions about 1901, Al Majara Tower 2

What did unit 1901 last sell for?

AED 1,400,000 on 11 October 2012: AED 1,441 per sqft for 971 sqft. The unit has 2 registered sales; the first was AED 1,325,000 in June 2010.

What is the rent for unit 1901?

AED 115,000 a year on the contract signed on 15 March 2024. The previous contract, from June 2022, was AED 77,000; the unit has been rented since May 2014.

How big is unit 1901?

971 sqft (90.2 sqm): a one-bedroom apartment on the 19th floor of a 31-storey tower completed in 2006.

What is unit 1901 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 1901, Al Majara Tower 2

Starts from the last sale price (AED 1.4M, 11 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →