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2-bed · 1,408 sqftAl Majara Tower 2, Dubai Marina · 28th floor · completed 2006

2804, Al Majara Tower 2

Sold prices and rental history: sold once, by the developer in March 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2804 · DLD and Ejari recordsUpdated 20 March 2011
Last soldAED 1.3M20 March 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2804, Al Majara Tower 2

What is 2804 worth today?

Last sold for AED 1,297,800 in 2011

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20 Mar 2011Sold by developerReady
AED 1,297,800AED 921 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2011.

Key facts

Type
2-bed apartment
Size
1,408 sqft
Floor
28th of 31
Parking
391
Developer
Emaar
Completed
2006
Service charge
AED 21,300 /yr
Last sold
AED 1.3M · March 2011
Building
Al Majara Tower 2

About 2804, Al Majara Tower 2

2804 is a two-bedroom apartment of 1,408 sqft on the 28th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 20 March 2011 for AED 1,297,800, or AED 921 per sqft, 18% above the AED 781 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2804 over time

Sales
Unit 2804, 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, March 2011: AED 1,297,800 (AED 921 per sqft)

2804 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2804, each contractTypical two-bed in Al Majara Tower 2
100K150K2012201620202024Typical 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 185,000

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 2804 sits

All 88 2-beds →

2804 last sold in March 2011 at AED 921 per sqft, 18% above what two-beds in Al Majara Tower 2 were fetching at the time (AED 781). 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.

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 28th floor

All 246 units in Al Majara Tower 2
Value
28011-bedAED 1.87M · Sep 2015
28022-bedAED 2.8M · Jul 2016
28031-bedAED 1.45M · Jun 2022
28051-bedAED 384K · May 2010
28061-bedAED 1.49M · Feb 2017
28071-bedAED 1.7M · Nov 2014
28082-bedAED 1.9M · Feb 2022

2804, Al Majara Tower 2 in numbers

  • Sold once: by Emaar on 20 March 2011 for AED 1,297,800, or AED 921 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 20 March 2011.

Questions about 2804, Al Majara Tower 2

What did unit 2804 last sell for?

AED 1,297,800 on 20 March 2011, sold by the developer: AED 921 per sqft for 1,408 sqft. It is the only registered sale of the unit.

How big is unit 2804?

1,408 sqft (130.8 sqm): a two-bedroom apartment on the 28th floor of a 31-storey tower completed in 2006.

What is unit 2804 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 2804, Al Majara Tower 2

Starts from the last sale price (AED 1.3M, 20 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,297,800
Deposit, UAE resident (20%)
AED 259,560
Deposit, non-resident (40%)
AED 519,120
Monthly over 25 years at 3.7%
AED 5,310

Plus AED 59,518 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →