2902, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in May 2008, 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 2902, Al Majara Tower 2
What is 2902 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 30 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,579 sqft
- Floor
- 29th of 31
- Parking
- 385
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 23,900 /yr
- Last sold
- AED 2.03M · May 2008
- Building
- Al Majara Tower 2
About 2902, Al Majara Tower 2
2902 is a two-bedroom apartment of 1,579 sqft on the 29th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 11 May 2008 for AED 2,028,985, or AED 1,285 per sqft, in line with the AED 1,256 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 30 August 2025, is AED 175,000 a year: a gross yield of 8.6% on the 2008 price, before the service charge of about AED 23,900 a year.
Sales and rents for 2902 over time
2902 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 2902 sits
All 88 2-beds →2902 last sold in May 2008 at AED 1,285 per sqft, in line with what two-beds in Al Majara Tower 2 were fetching at the time (AED 1,256). 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. 2902's AED 175,000 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 29th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 1-bed | 971 sqft | AED 872KAED 871,800 · Jan 2013January 2013 | 110,000 /yr | |
| 2903 | 1-bed | 974 sqft | AED 1.7MAED 1,700,000 · Apr 2017April 2017 | 120,000 /yr | |
| 2904 | 2-bed | 1,408 sqft | AED 3.4MAED 3,400,000 · Sep 2024September 2024 | ||
| 2905 | 1-bed | 841 sqft | AED 1.5MAED 1,500,000 · Jun 2008June 2008 | 90,000 /yr | |
| 2906 | 1-bed | 945 sqft | AED 1.8MAED 1,800,000 · Sep 2014September 2014 | ||
| 2907 | 842 sqft | AED 1.44MAED 1,440,000 · Sep 2025September 2025 | 100,000 /yr | ||
| 2908 | 2-bed | 1,303 sqft | AED 1.65MAED 1,650,000 · May 2021May 2021 | 170,000 /yr |
2902, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 11 May 2008 for AED 2,028,985, or AED 1,285 per sqft.
- Rented since September 2013 on 13 Ejari contracts. The rent fell from AED 200,000 to AED 100,000 in 2020 and recovered to AED 175,000 by August 2025.
- At AED 175,000 a year the gross yield on the 2008 price is 8.6%, before a service charge of about AED 23,900 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 30 August 2025.
Questions about 2902, Al Majara Tower 2
What did unit 2902 last sell for?
AED 2,028,985 on 11 May 2008, sold by the developer: AED 1,285 per sqft for 1,579 sqft. It is the only registered sale of the unit.
What is the rent for unit 2902?
AED 175,000 a year on the contract signed on 30 August 2025. The previous contract, from August 2024, was AED 170,000; the unit has been rented since September 2013.
How big is unit 2902?
1,579 sqft (146.7 sqm): a two-bedroom apartment on the 29th floor of a 31-storey tower completed in 2006.
What is unit 2902 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 2902, Al Majara Tower 2
Starts from the last sale price (AED 2.03M, 11 May 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 2,028,985
- Deposit, UAE resident (20%)
- AED 405,797
- Deposit, non-resident (40%)
- AED 811,594
- Monthly over 25 years at 3.7%
- AED 8,301
Plus AED 90,227 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →