1-bed · 945 sqftAl Majara Tower 2, Dubai Marina · 28th floor · completed 2006

2806, Al Majara Tower 2

Sold prices and rental history: sold twice, last in February 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2806 · DLD and Ejari recordsUpdated 9 August 2024
Last soldAED 1.49M5 February 2017
Current rentAED 110K /yr9 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2806, Al Majara Tower 2

What is 2806 worth today?

Last sold for AED 1,490,000 in 2017

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9 Aug 2024RentedNew contract
AED 110,000/yr12 months · AED 116 per sqft
1 Jul 2022RentedRenewal
AED 87,242/yr12 months · AED 92 per sqft
5 Feb 2017SoldReady
AED 1,490,000AED 1,576 per sqft
11 May 2016RentedNew contract
AED 119,678/yr12 months · AED 126 per sqft
12 May 2013RentedNew contract
AED 101,500/yr12 months · AED 107 per sqft
8 Jan 2008Sold by developerReady
AED 405,400AED 429 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 August 2024.

Key facts

Type
1-bed apartment
Size
945 sqft
Floor
28th of 31
Parking
389
Developer
Emaar
Completed
2006
Service charge
AED 14,300 /yr
Last sold
AED 1.49M · February 2017

About 2806, Al Majara Tower 2

2806 is a one-bedroom apartment of 945 sqft on the 28th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 5 February 2017 for AED 1,490,000, or AED 1,576 per sqft, 7% below the AED 1,696 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 9 August 2024, is AED 110,000 a year: a gross yield of 7.4% on the 2017 price, before the service charge of about AED 14,300 a year.

Sales and rents for 2806 over time

Sales
Unit 2806, 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, January 2008: AED 405,400 (AED 429 per sqft)Sold, February 2017: AED 1,490,000 (AED 1,576 per sqft)

2806 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2806, 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, May 2013: AED 101,500 a yearNew contract, May 2016: AED 119,678 a yearRenewal, July 2022: AED 87,242 a yearNew contract, August 2024: AED 110,000 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 2806 sits

All 146 1-beds →

2806 last sold in February 2017 at AED 1,576 per sqft, 7% below what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,696). 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. 2806's AED 110,000 is in the upper half 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 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
28042-bedAED 1.3M · Mar 2011
28051-bedAED 384K · May 2010
28071-bedAED 1.7M · Nov 2014
28082-bedAED 1.9M · Feb 2022

2806, Al Majara Tower 2 in numbers

  • Sold twice: first on 8 January 2008 for AED 405,400, last on 5 February 2017 for AED 1,490,000 (AED 1,576 per sqft).
  • Rented since May 2013 on 4 Ejari contracts. The rent fell from AED 101,500 to AED 87,242 in 2022 and recovered to AED 110,000 by August 2024.
  • At AED 110,000 a year the gross yield on the 2017 price is 7.4%, 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 9 August 2024.

Questions about 2806, Al Majara Tower 2

What did unit 2806 last sell for?

AED 1,490,000 on 5 February 2017: AED 1,576 per sqft for 945 sqft. The unit has 2 registered sales; the first was AED 405,400 in January 2008.

What is the rent for unit 2806?

AED 110,000 a year on the contract signed on 9 August 2024. The previous contract, from July 2022, was AED 87,242; the unit has been rented since May 2013.

How big is unit 2806?

945 sqft (87.8 sqm): a one-bedroom apartment on the 28th floor of a 31-storey tower completed in 2006.

What is unit 2806 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 2806, Al Majara Tower 2

Starts from the last sale price (AED 1.49M, 5 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,490,000
Deposit, UAE resident (20%)
AED 298,000
Deposit, non-resident (40%)
AED 596,000
Monthly over 25 years at 3.7%
AED 6,096

Plus AED 67,590 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →