1-bed · 842 sqftAl Majara Tower 2, Dubai Marina · 25th floor · completed 2006

2507, Al Majara Tower 2

Sold prices and rental history: sold twice, last in May 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2507 · DLD and Ejari recordsUpdated 27 October 2024
Last soldAED 1.25M24 May 2016
Current rentAED 74K /yr27 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2507, Al Majara Tower 2

What is 2507 worth today?

Last sold for AED 1,250,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Oct 2024RentedRenewal
AED 73,500/yr8 months · AED 88 per sqft
27 Oct 2023RentedRenewal
AED 73,500/yr12 months · AED 88 per sqft
27 Oct 2022RentedRenewal
AED 73,500/yr12 months · AED 88 per sqft
27 Oct 2020RentedRenewal
AED 70,000/yr12 months · AED 83 per sqft
24 May 2016SoldReady
AED 1,250,000AED 1,484 per sqft
28 Feb 2016RentedRenewal
AED 90,000/yr12 months · AED 107 per sqft
28 Feb 2015RentedNew contract
AED 90,000/yr12 months · AED 107 per sqft
1 Mar 2013RentedNew contract
AED 75,000/yr12 months · AED 89 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 October 2024.

Key facts

Type
1-bed apartment
Size
842 sqft
Floor
25th of 31
Parking
459
Developer
Emaar
Completed
2006
Service charge
AED 12,700 /yr
Last sold
AED 1.25M · May 2016

About 2507, Al Majara Tower 2

2507 is a one-bedroom apartment of 842 sqft on the 25th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 24 May 2016 for AED 1,250,000, or AED 1,484 per sqft, 21% below the AED 1,875 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 27 October 2024, is AED 73,500 a year: a gross yield of 5.9% on the 2016 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2507 over time

Sales
Unit 2507, 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, February 2012: AED 583,800 (AED 693 per sqft)Sold, May 2016: AED 1,250,000 (AED 1,484 per sqft)

2507 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2507, 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, March 2013: AED 75,000 a yearNew contract, February 2015: AED 90,000 a yearRenewal, February 2016: AED 90,000 a yearRenewal, October 2020: AED 70,000 a yearRenewal, October 2022: AED 73,500 a yearRenewal, October 2023: AED 73,500 a yearRenewal, October 2024: AED 73,500 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 2507 sits

All 146 1-beds →

2507 last sold in May 2016 at AED 1,484 per sqft, 21% below what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,875). 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. 2507's AED 73,500 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
25061-bedAED 790K · Nov 2008
25082-bedAED 548K · Jul 2009

2507, Al Majara Tower 2 in numbers

  • Sold twice: first on 8 February 2012 for AED 583,800, last on 24 May 2016 for AED 1,250,000 (AED 1,484 per sqft).
  • Rented since March 2013 on 7 Ejari contracts, from AED 75,000 to AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2016 price is 5.9%, 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 27 October 2024.

Questions about 2507, Al Majara Tower 2

What did unit 2507 last sell for?

AED 1,250,000 on 24 May 2016: AED 1,484 per sqft for 842 sqft. The unit has 2 registered sales; the first was AED 583,800 in February 2012.

What is the rent for unit 2507?

AED 73,500 a year on the contract renewed on 27 October 2024. The previous contract, from October 2023, was AED 73,500; the unit has been rented since March 2013.

How big is unit 2507?

842 sqft (78.2 sqm): a one-bedroom apartment on the 25th floor of a 31-storey tower completed in 2006.

What is unit 2507 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.

Selling 2507? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2507, Al Majara Tower 2

Starts from the last sale price (AED 1.25M, 24 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →