206, Al Majara Tower 2
Sold prices and rental history: sold 3 times, last in October 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 206, Al Majara Tower 2
What is 206 worth today?
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Source: Dubai Land Department. Updated 1 May 2024.
Key facts
- Type
- Apartment
- Size
- 945 sqft
- Floor
- 2nd of 31
- Parking
- 598
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,300 /yr
- Last sold
- AED 1.05M · October 2012
- Building
- Al Majara Tower 2
About 206, Al Majara Tower 2
206 is an apartment of 945 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 23 October 2012 for AED 1,050,000, or AED 1,111 per sqft.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 100,000 a year: a gross yield of 9.5% on the 2012 price, before the service charge of about AED 14,300 a year.
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 | |
| 202 | 2-bed | 1,579 sqft | AED 3.2MAED 3,200,000 · Mar 2017March 2017 | 142,500 /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 | |
| 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 |
206, Al Majara Tower 2 in numbers
- Sold 3 times: first on 31 May 2009 for AED 598,800, last on 23 October 2012 for AED 1,050,000 (AED 1,111 per sqft).
- Rented since January 2015 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2021 and recovered to AED 100,000 by May 2024.
- At AED 100,000 a year the gross yield on the 2012 price is 9.5%, before a service charge of about AED 14,300 a year (AED 15.11 per sqft).
Source: Dubai Land Department. Updated 1 May 2024.
Questions about 206, Al Majara Tower 2
What did unit 206 last sell for?
AED 1,050,000 on 23 October 2012: AED 1,111 per sqft for 945 sqft. The unit has 3 registered sales; the first was AED 598,800 in May 2009.
What is the rent for unit 206?
AED 100,000 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 95,000; the unit has been rented since January 2015.
How big is unit 206?
945 sqft (87.8 sqm): an apartment on the 2nd floor of a 31-storey tower completed in 2006.
What is unit 206 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 206, Al Majara Tower 2
Starts from the last sale price (AED 1.05M, 23 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →