202, Al Majara Tower 2
Sold prices and rental history: sold 4 times, last in March 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 202, Al Majara Tower 2
What is 202 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 17 October 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,579 sqft
- Floor
- 2nd of 31
- Parking
- 606
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 23,900 /yr
- Last sold
- AED 3.2M · March 2017
- Building
- Al Majara Tower 2
About 202, Al Majara Tower 2
202 is a two-bedroom apartment of 1,579 sqft on the 2nd floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 5 March 2017 for AED 3,200,000, or AED 2,026 per sqft, 7% above the AED 1,900 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 17 October 2021, is AED 142,500 a year: a gross yield of 4.5% on the 2017 price, before the service charge of about AED 23,900 a year.
Sales and rents for 202 over time
202 has sold 4 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 202 sits
All 88 2-beds →202 last sold in March 2017 at AED 2,026 per sqft, 7% above what two-beds in Al Majara Tower 2 were fetching at the time (AED 1,900). 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. 202's AED 142,500 is in the lower 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 2nd floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 971 sqft | AED 2.1MAED 2,100,000 · Sep 2023September 2023 | 100,000 /yr | |
| 203 | 1-bed | 974 sqft | AED 1.97MAED 1,970,000 · Aug 2023August 2023 | 50,000 /yr | |
| 204 | 1,408 sqft | AED 1.64MAED 1,640,000 · May 2019May 2019 | |||
| 205 | 1-bed | 841 sqft | AED 1.8MAED 1,800,000 · Dec 2024December 2024 | 120,000 /yr | |
| 206 | 945 sqft | AED 1.05MAED 1,050,000 · Oct 2012October 2012 | 100,000 /yr | ||
| 207 | 1-bed | 842 sqft | AED 469KAED 468,800 · Oct 2010October 2010 | 57,600 /yr | |
| 208 | 2-bed | 1,303 sqft | AED 433KAED 432,900 · Jun 2010June 2010 | 125,000 /yr |
202, Al Majara Tower 2 in numbers
- Sold 4 times: first on 3 August 2009 for AED 1,550,000, last on 5 March 2017 for AED 3,200,000 (AED 2,026 per sqft).
- Rented since September 2017 on 5 Ejari contracts, from AED 200,000 to AED 142,500 a year.
- At AED 142,500 a year the gross yield on the 2017 price is 4.5%, 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: YallaValue analysis of Dubai Land Department records. Updated 17 October 2021.
Questions about 202, Al Majara Tower 2
What did unit 202 last sell for?
AED 3,200,000 on 5 March 2017: AED 2,026 per sqft for 1,579 sqft. The unit has 4 registered sales; the first was AED 1,550,000 in August 2009.
What is the rent for unit 202?
AED 142,500 a year on the contract renewed on 17 October 2021. The previous contract, from October 2020, was AED 135,000; the unit has been rented since September 2017.
How big is unit 202?
1,579 sqft (146.7 sqm): a two-bedroom apartment on the 2nd floor of a 31-storey tower completed in 2006.
What is unit 202 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 202, Al Majara Tower 2
Starts from the last sale price (AED 3.2M, 5 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 3,200,000
- Deposit, UAE resident (20%)
- AED 640,000
- Deposit, non-resident (40%)
- AED 1,280,000
- Monthly over 25 years at 3.7%
- AED 13,092
Plus AED 139,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →