1-bed · 842 sqftAl Majara Tower 2, Dubai Marina · 21st floor · completed 2006

2107, Al Majara Tower 2

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2107 · DLD and Ejari recordsUpdated 15 February 2017
Last soldAED 564K13 August 2009
Current rentAED 100K /yr15 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2107, Al Majara Tower 2

What is 2107 worth today?

Last sold for AED 563,800 in 2009

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15 Feb 2017RentedRenewal
AED 100,000/yr12 months · AED 119 per sqft
15 Feb 2016RentedRenewal
AED 100,000/yr12 months · AED 119 per sqft
15 Feb 2014RentedNew contract
AED 88,000/yr12 months · AED 105 per sqft
15 Feb 2013RentedNew contract
AED 80,000/yr12 months · AED 95 per sqft
13 Aug 2009Sold by developerReady
AED 563,800AED 669 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 February 2017.

Key facts

Type
1-bed apartment
Size
842 sqft
Floor
21st of 31
Parking
345
Developer
Emaar
Completed
2006
Service charge
AED 12,700 /yr
Last sold
AED 564K · August 2009

About 2107, Al Majara Tower 2

2107 is a one-bedroom apartment of 842 sqft on the 21st floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 13 August 2009 for AED 563,800, or AED 669 per sqft, 19% below the AED 827 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 15 February 2017, is AED 100,000 a year: a gross yield of 17.7% on the 2009 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2107 over time

Sales
Unit 2107, 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, August 2009: AED 563,800 (AED 669 per sqft)

2107 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2107, 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, February 2013: AED 80,000 a yearNew contract, February 2014: AED 88,000 a yearRenewal, February 2016: AED 100,000 a yearRenewal, February 2017: AED 100,000 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 2107 sits

All 146 1-beds →

2107 last sold in August 2009 at AED 669 per sqft, 19% below what one-beds in Al Majara Tower 2 were fetching at the time (AED 827). 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. 2107's AED 100,000 is in the lower 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 21st floor

All 246 units in Al Majara Tower 2
Value
21011-bedAED 809K · Jun 2010
21022-bedAED 3.25M · Feb 2023
21031-bedAED 1M · Mar 2012
21042-bedAED 1.21M · Oct 2009
21051-bedAED 1.05M · Feb 2021
21061-bedAED 975K · May 2012
21082-bedAED 700K · Aug 2010

2107, Al Majara Tower 2 in numbers

  • Sold once: by Emaar on 13 August 2009 for AED 563,800, or AED 669 per sqft.
  • Rented since February 2013 on 4 Ejari contracts, from AED 80,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2009 price is 17.7%, 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: YallaValue analysis of Dubai Land Department records. Updated 15 February 2017.

Questions about 2107, Al Majara Tower 2

What did unit 2107 last sell for?

AED 563,800 on 13 August 2009, sold by the developer: AED 669 per sqft for 842 sqft. It is the only registered sale of the unit.

What is the rent for unit 2107?

AED 100,000 a year on the contract renewed on 15 February 2017. The previous contract, from February 2016, was AED 100,000; the unit has been rented since February 2013.

How big is unit 2107?

842 sqft (78.2 sqm): a one-bedroom apartment on the 21st floor of a 31-storey tower completed in 2006.

What is unit 2107 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 2107, Al Majara Tower 2

Starts from the last sale price (AED 564K, 13 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 563,800
Deposit, UAE resident (20%)
AED 112,760
Deposit, non-resident (40%)
AED 225,520
Monthly over 25 years at 3.7%
AED 2,307

Plus AED 28,690 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →