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1-bed · 945 sqftAl Majara Tower 2, Dubai Marina · 25th floor · completed 2006

2506, Al Majara Tower 2

Sold prices and rental history: sold once, by the developer in November 2008, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2506 · DLD and Ejari recordsUpdated 18 December 2021
Last soldAED 790K16 November 2008
Current rentAED 40K /yr18 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2506, Al Majara Tower 2

What is 2506 worth today?

Last sold for AED 789,800 in 2008

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18 Dec 2021RentedRenewal
AED 40,000/yr24 months · AED 42 per sqft
17 Dec 2020RentedNew contract
AED 39,893/yr12 months · AED 42 per sqft
16 Nov 2008Sold by developerReady
AED 789,800AED 835 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 December 2021.

Key facts

Type
1-bed apartment
Size
945 sqft
Floor
25th of 31
Parking
460
Developer
Emaar
Completed
2006
Service charge
AED 14,300 /yr
Last sold
AED 790K · November 2008
Building
Al Majara Tower 2

About 2506, Al Majara Tower 2

2506 is a one-bedroom apartment of 945 sqft on the 25th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 16 November 2008 for AED 789,800, or AED 835 per sqft, in line with the AED 838 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 18 December 2021, is AED 40,000 a year: a gross yield of 5.1% on the 2008 price, before the service charge of about AED 14,300 a year.

Sales and rents for 2506 over time

Sales
Unit 2506, 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, November 2008: AED 789,800 (AED 835 per sqft)

2506 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2506, each contractTypical one-bed in Al Majara Tower 2
50K100K20112015201920232027Typical 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, December 2020: AED 39,893 a yearRenewal, December 2021: AED 40,000 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 2506 sits

All 146 1-beds →

2506 last sold in November 2008 at AED 835 per sqft, in line with what one-beds in Al Majara Tower 2 were fetching at the time (AED 838). 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. 2506's AED 40,000 is at the bottom 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 25th floor

All 246 units in Al Majara Tower 2
Value
25011-bedAED 422K · Oct 2011
25022-bedAED 2.6M · Dec 2024
25031-bedAED 1M · Jul 2011
25042-bedAED 2.15M · Oct 2021
25051-bedAED 747K · Oct 2013
25071-bedAED 1.25M · May 2016
25082-bedAED 548K · Jul 2009

2506, Al Majara Tower 2 in numbers

  • Sold once: by Emaar on 16 November 2008 for AED 789,800, or AED 835 per sqft.
  • Rented since December 2020 on 2 Ejari contracts, from AED 39,893 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2008 price is 5.1%, before a service charge of about AED 14,300 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 18 December 2021.

Questions about 2506, Al Majara Tower 2

What did unit 2506 last sell for?

AED 789,800 on 16 November 2008, sold by the developer: AED 835 per sqft for 945 sqft. It is the only registered sale of the unit.

What is the rent for unit 2506?

AED 40,000 a year on the contract renewed on 18 December 2021. The previous contract, from December 2020, was AED 39,893.

How big is unit 2506?

945 sqft (87.8 sqm): a one-bedroom apartment on the 25th floor of a 31-storey tower completed in 2006.

What is unit 2506 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 2506, Al Majara Tower 2

Starts from the last sale price (AED 790K, 16 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 789,800
Deposit, UAE resident (20%)
AED 157,960
Deposit, non-resident (40%)
AED 315,920
Monthly over 25 years at 3.7%
AED 3,231

Plus AED 38,182 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →