207, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in October 2010, 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 207, Al Majara Tower 2
What is 207 worth today?
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Source: Dubai Land Department. Updated 12 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 842 sqft
- Floor
- 2nd of 31
- Parking
- 596
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,700 /yr
- Last sold
- AED 469K · October 2010
- Building
- Al Majara Tower 2
About 207, Al Majara Tower 2
207 is a one-bedroom apartment of 842 sqft on the 2nd floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 10 October 2010 for AED 468,800, or AED 556 per sqft, 20% below the AED 698 one-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 12 May 2024, is AED 57,600 a year: a gross yield of 12.3% on the 2010 price, before the service charge of about AED 12,700 a year.
Sales and rents for 207 over time
207 has sold once; the dashed line is the one-bed median of each year in the building.
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 207 sits
All 146 1-beds →207 last sold in October 2010 at AED 556 per sqft, 20% below what one-beds in Al Majara Tower 2 were fetching at the time (AED 698). 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. 207's AED 57,600 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jan 202621 January 2026 | 971 sqft | 2,125,000 | 2,188 | ||
| 16 Jan 202616 January 2026 | 842 sqft | 1,600,000 | 1,900 | ||
| 16 May 202516 May 2025 | 945 sqft | 2,100,000 | 2,222 | ||
| 15 Jan 202515 January 2025 | 945 sqft | 1,700,000 | 1,799 |
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 | |
| 206 | 945 sqft | AED 1.05MAED 1,050,000 · Oct 2012October 2012 | 100,000 /yr | ||
| 208 | 2-bed | 1,303 sqft | AED 433KAED 432,900 · Jun 2010June 2010 | 125,000 /yr |
207, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 10 October 2010 for AED 468,800, or AED 556 per sqft.
- Rented since October 2017 on 5 Ejari contracts, from AED 90,000 to AED 57,600 a year.
- At AED 57,600 a year the gross yield on the 2010 price is 12.3%, before a service charge of about AED 12,700 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: Dubai Land Department. Updated 12 May 2024.
Questions about 207, Al Majara Tower 2
What did unit 207 last sell for?
AED 468,800 on 10 October 2010, sold by the developer: AED 556 per sqft for 842 sqft. It is the only registered sale of the unit.
What is the rent for unit 207?
AED 57,600 a year on the contract renewed on 12 May 2024. The previous contract, from May 2023, was AED 80,000; the unit has been rented since October 2017.
How big is unit 207?
842 sqft (78.2 sqm): a one-bedroom apartment on the 2nd floor of a 31-storey tower completed in 2006.
What is unit 207 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 207, Al Majara Tower 2
Starts from the last sale price (AED 469K, 10 October 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 468,800
- Deposit, UAE resident (20%)
- AED 93,760
- Deposit, non-resident (40%)
- AED 187,520
- Monthly over 25 years at 3.7%
- AED 1,918
Plus AED 22,600 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →