2508, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2508, Al Majara Tower 2
What is 2508 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 27 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,303 sqft
- Floor
- 25th of 31
- Parking
- 458
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 19,700 /yr
- Last sold
- AED 548K · July 2009
- Building
- Al Majara Tower 2
About 2508, Al Majara Tower 2
2508 is a two-bedroom apartment of 1,303 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 14 July 2009 for AED 547,900, or AED 420 per sqft, 49% below the AED 827 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 27 November 2024, is AED 166,000 a year: a gross yield of 30.3% on the 2009 price, before the service charge of about AED 19,700 a year.
Sales and rents for 2508 over time
2508 has sold once; the dashed line is the two-bed median of each year in the building.
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 2508 sits
All 88 2-beds →2508 last sold in July 2009 at AED 420 per sqft, 49% below what two-beds in Al Majara Tower 2 were fetching at the time (AED 827). 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. 2508's AED 166,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Dec 202511 December 2025 | 1,579 sqft | 4,150,000 | 2,628 | ||
| 23 Apr 202523 April 2025 | 1,579 sqft | 3,900,000 | 2,469 | ||
| 16 Apr 202516 April 2025 | 1,408 sqft | 4,175,000 | 2,965 | ||
| 19 Dec 202419 December 2024 | 1,303 sqft | 2,650,000 | 2,033 |
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 25th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 1-bed | 971 sqft | AED 422KAED 422,400 · Oct 2011October 2011 | 110,000 /yr | |
| 2502 | 2-bed | 1,579 sqft | AED 2.6MAED 2,600,000 · Dec 2024December 2024 | 180,000 /yr | |
| 2503 | 1-bed | 974 sqft | AED 1MAED 1,000,000 · Jul 2011July 2011 | 125,000 /yr | |
| 2504 | 2-bed | 1,408 sqft | AED 2.15MAED 2,150,000 · Oct 2021October 2021 | 190,000 /yr | |
| 2505 | 1-bed | 841 sqft | AED 747KAED 746,800 · Oct 2013October 2013 | 95,000 /yr | |
| 2506 | 1-bed | 945 sqft | AED 790KAED 789,800 · Nov 2008November 2008 | 40,000 /yr | |
| 2507 | 1-bed | 842 sqft | AED 1.25MAED 1,250,000 · May 2016May 2016 | 73,500 /yr |
2508, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 14 July 2009 for AED 547,900, or AED 420 per sqft.
- Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 170,000 to AED 120,000 in 2021 and recovered to AED 166,000 by November 2024.
- At AED 166,000 a year the gross yield on the 2009 price is 30.3%, 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 27 November 2024.
Questions about 2508, Al Majara Tower 2
What did unit 2508 last sell for?
AED 547,900 on 14 July 2009, sold by the developer: AED 420 per sqft for 1,303 sqft. It is the only registered sale of the unit.
What is the rent for unit 2508?
AED 166,000 a year on the contract renewed on 27 November 2024. The previous contract, from November 2023, was AED 166,000; the unit has been rented since June 2013.
How big is unit 2508?
1,303 sqft (121.1 sqm): a two-bedroom apartment on the 25th floor of a 31-storey tower completed in 2006.
What is unit 2508 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 2508, Al Majara Tower 2
Starts from the last sale price (AED 548K, 14 July 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 547,900
- Deposit, UAE resident (20%)
- AED 109,580
- Deposit, non-resident (40%)
- AED 219,160
- Monthly over 25 years at 3.7%
- AED 2,242
Plus AED 28,022 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →