2-bed · 1,408 sqftAl Majara Tower 2, Dubai Marina · 19th floor · completed 2006

1904, Al Majara Tower 2

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1904 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 1.19M1 July 2010
Current rentAED 130K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1904, Al Majara Tower 2

What is 1904 worth today?

Last sold for AED 1,189,800 in 2010

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15 Jul 2024RentedRenewal
AED 130,000/yr12 months · AED 92 per sqft
15 Jul 2023RentedRenewal
AED 130,000/yr12 months · AED 92 per sqft
15 Jul 2022RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
5 Feb 2021RentedNew contract
AED 120,000/yr12 months · AED 85 per sqft
25 Jan 2018RentedRenewal
AED 147,500/yr12 months · AED 105 per sqft
25 Jan 2017RentedNew contract
AED 155,000/yr12 months · AED 110 per sqft
1 Jul 2010Sold by developerReady
AED 1,189,800AED 845 per sqft

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

Key facts

Type
2-bed apartment
Size
1,408 sqft
Floor
19th of 31
Parking
464
Developer
Emaar
Completed
2006
Service charge
AED 21,300 /yr
Last sold
AED 1.19M · July 2010

About 1904, Al Majara Tower 2

1904 is a two-bedroom apartment of 1,408 sqft on the 19th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 1 July 2010 for AED 1,189,800, or AED 845 per sqft, 10% above the AED 767 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 15 July 2024, is AED 130,000 a year: a gross yield of 10.9% on the 2010 price, before the service charge of about AED 21,300 a year.

Sales and rents for 1904 over time

Sales
Unit 1904, 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, July 2010: AED 1,189,800 (AED 845 per sqft)

1904 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1904, 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, January 2017: AED 155,000 a yearRenewal, January 2018: AED 147,500 a yearNew contract, February 2021: AED 120,000 a yearNew contract, July 2022: AED 130,000 a yearRenewal, July 2023: AED 130,000 a yearRenewal, July 2024: AED 130,000 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 1904 sits

All 88 2-beds →

1904 last sold in July 2010 at AED 845 per sqft, 10% above what two-beds in Al Majara Tower 2 were fetching at the time (AED 767). 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. 1904's AED 130,000 is in the lower 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 19th floor

All 246 units in Al Majara Tower 2
Value
19011-bedAED 1.4M · Oct 2012
19022-bedAED 3M · Sep 2023
19031-bedAED 875K · May 2014
19051-bedAED 1.22M · May 2018
19061-bedAED 1.6M · May 2024
19071-bedAED 1.3M · Feb 2009
19082-bedAED 2M · Aug 2022

1904, Al Majara Tower 2 in numbers

  • Sold once: by Emaar on 1 July 2010 for AED 1,189,800, or AED 845 per sqft.
  • Rented since January 2017 on 6 Ejari contracts, from AED 155,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2010 price is 10.9%, 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 15 July 2024.

Questions about 1904, Al Majara Tower 2

What did unit 1904 last sell for?

AED 1,189,800 on 1 July 2010, sold by the developer: AED 845 per sqft for 1,408 sqft. It is the only registered sale of the unit.

What is the rent for unit 1904?

AED 130,000 a year on the contract renewed on 15 July 2024. The previous contract, from July 2023, was AED 130,000; the unit has been rented since January 2017.

How big is unit 1904?

1,408 sqft (130.8 sqm): a two-bedroom apartment on the 19th floor of a 31-storey tower completed in 2006.

What is unit 1904 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 1904, Al Majara Tower 2

Starts from the last sale price (AED 1.19M, 1 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,189,800
Deposit, UAE resident (20%)
AED 237,960
Deposit, non-resident (40%)
AED 475,920
Monthly over 25 years at 3.7%
AED 4,868

Plus AED 54,982 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →