2-bed · 1,303 sqftAl Majara Tower 2, Dubai Marina · 23rd floor · completed 2006

2308, Al Majara Tower 2

Sold prices and rental history: sold twice, last in March 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2308 · DLD and Ejari recordsUpdated 31 July 2025
Last soldAED 2.65M13 March 2014
Current rentAED 150K /yr31 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2308, Al Majara Tower 2

What is 2308 worth today?

Last sold for AED 2,650,000 in 2014

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31 Jul 2025RentedRenewal
AED 150,000/yr12 months · AED 115 per sqft
31 Jul 2024RentedNew contract
AED 150,000/yr12 months · AED 115 per sqft
1 Aug 2023RentedRenewal
AED 125,000/yr12 months · AED 96 per sqft
1 Aug 2022RentedNew contract
AED 125,000/yr12 months · AED 96 per sqft
1 Aug 2021RentedRenewal
AED 100,000/yr12 months · AED 77 per sqft
1 Aug 2020RentedRenewal
AED 105,000/yr12 months · AED 81 per sqft
1 Aug 2019RentedRenewal
AED 125,000/yr12 months · AED 96 per sqft
19 May 2017RentedRenewal
AED 160,000/yr12 months · AED 123 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 July 2025.

Key facts

Type
2-bed apartment
Size
1,303 sqft
Floor
23rd of 31
Parking
260
Developer
Emaar
Completed
2006
Service charge
AED 19,700 /yr
Last sold
AED 2.65M · March 2014

About 2308, Al Majara Tower 2

2308 is a two-bedroom apartment of 1,303 sqft on the 23rd floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 13 March 2014 for AED 2,650,000, or AED 2,033 per sqft, 12% above the AED 1,808 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 31 July 2025, is AED 150,000 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 19,700 a year.

Sales and rents for 2308 over time

Sales
Unit 2308, 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, December 2009: AED 1,160,000 (AED 890 per sqft)Sold, March 2014: AED 2,650,000 (AED 2,033 per sqft)

2308 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2308, each contractTypical two-bed in Al Majara Tower 2
100K150K200K2012201620202024Typical 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, November 2012: AED 130,000 a yearNew contract, May 2014: AED 160,000 a yearNew contract, May 2015: AED 160,000 a yearNew contract, May 2016: AED 160,000 a yearRenewal, May 2017: AED 160,000 a yearRenewal, August 2019: AED 125,000 a yearRenewal, August 2020: AED 105,000 a yearRenewal, August 2021: AED 100,000 a yearNew contract, August 2022: AED 125,000 a yearRenewal, August 2023: AED 125,000 a yearNew contract, July 2024: AED 150,000 a yearRenewal, July 2025: AED 150,000 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 2308 sits

All 88 2-beds →

2308 last sold in March 2014 at AED 2,033 per sqft, 12% above what two-beds in Al Majara Tower 2 were fetching at the time (AED 1,808). 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. 2308's AED 150,000 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 23rd floor

All 246 units in Al Majara Tower 2
Value
23011-bedAED 900K · Apr 2012
23022-bedAED 1.45M · Apr 2013
23031-bedAED 900K · Nov 2018
23042-bedAED 2.35M · Jun 2023
23051-bedAED 1.1M · Jun 2010
23061-bedAED 776K · Nov 2008
23071-bedAED 287K · Jun 2010

2308, Al Majara Tower 2 in numbers

  • Sold twice: first on 30 December 2009 for AED 1,160,000, last on 13 March 2014 for AED 2,650,000 (AED 2,033 per sqft).
  • Rented since November 2012 on 12 Ejari contracts. The rent fell from AED 130,000 to AED 100,000 in 2021 and recovered to AED 150,000 by July 2025.
  • At AED 150,000 a year the gross yield on the 2014 price is 5.7%, before a service charge of about AED 19,700 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 31 July 2025.

Questions about 2308, Al Majara Tower 2

What did unit 2308 last sell for?

AED 2,650,000 on 13 March 2014: AED 2,033 per sqft for 1,303 sqft. The unit has 2 registered sales; the first was AED 1,160,000 in December 2009.

What is the rent for unit 2308?

AED 150,000 a year on the contract renewed on 31 July 2025. The previous contract, from July 2024, was AED 150,000; the unit has been rented since November 2012.

How big is unit 2308?

1,303 sqft (121.1 sqm): a two-bedroom apartment on the 23rd floor of a 31-storey tower completed in 2006.

What is unit 2308 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 2308, Al Majara Tower 2

Starts from the last sale price (AED 2.65M, 13 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

Plus AED 116,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →