1-bed · 974 sqftAl Majara Tower 2, Dubai Marina · 29th floor · completed 2006

2903, Al Majara Tower 2

Sold prices and rental history: sold twice, last in April 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2903 · DLD and Ejari recordsUpdated 23 March 2025
Last soldAED 1.7M27 April 2017
Current rentAED 120K /yr23 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2903, Al Majara Tower 2

What is 2903 worth today?

Last sold for AED 1,700,000 in 2017

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23 Mar 2025RentedNew contract
AED 120,000/yr12 months · AED 123 per sqft
20 Feb 2024RentedRenewal
AED 118,000/yr12 months · AED 121 per sqft
20 Feb 2023RentedNew contract
AED 118,000/yr12 months · AED 121 per sqft
20 Feb 2022RentedRenewal
AED 77,000/yr12 months · AED 79 per sqft
20 Feb 2020RentedNew contract
AED 83,000/yr12 months · AED 85 per sqft
27 Apr 2017SoldReady
AED 1,700,000AED 1,745 per sqft
18 Feb 2015RentedNew contract
AED 130,000/yr12 months · AED 134 per sqft
20 Jan 2014RentedNew contract
AED 97,110/yr12 months · AED 100 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 March 2025.

Key facts

Type
1-bed apartment
Size
974 sqft
Floor
29th of 31
Parking
384
Developer
Emaar
Completed
2006
Service charge
AED 14,700 /yr
Last sold
AED 1.7M · April 2017

About 2903, Al Majara Tower 2

2903 is a one-bedroom apartment of 974 sqft on the 29th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 27 April 2017 for AED 1,700,000, or AED 1,745 per sqft, 6% above the AED 1,641 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 23 March 2025, is AED 120,000 a year: a gross yield of 7.1% on the 2017 price, before the service charge of about AED 14,700 a year.

Sales and rents for 2903 over time

Sales
Unit 2903, 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, June 2010: AED 462,900 (AED 475 per sqft)Sold, April 2017: AED 1,700,000 (AED 1,745 per sqft)

2903 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2903, each contractTypical one-bed in Al Majara Tower 2
100K20112015201920232027Typical 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, January 2014: AED 97,110 a yearNew contract, January 2014: AED 94,500 a yearNew contract, February 2015: AED 130,000 a yearNew contract, February 2020: AED 83,000 a yearRenewal, February 2022: AED 77,000 a yearNew contract, February 2023: AED 118,000 a yearRenewal, February 2024: AED 118,000 a yearNew contract, March 2025: AED 120,000 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 2903 sits

All 146 1-beds →

2903 last sold in April 2017 at AED 1,745 per sqft, 6% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,641). 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. 2903's AED 120,000 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 29th floor

All 246 units in Al Majara Tower 2
Value
29011-bedAED 872K · Jan 2013
29022-bedAED 2.03M · May 2008
29042-bedAED 3.4M · Sep 2024
29051-bedAED 1.5M · Jun 2008
29061-bedAED 1.8M · Sep 2014
2907AED 1.44M · Sep 2025
29082-bedAED 1.65M · May 2021

2903, Al Majara Tower 2 in numbers

  • Sold twice: first on 27 June 2010 for AED 462,900, last on 27 April 2017 for AED 1,700,000 (AED 1,745 per sqft).
  • Rented since January 2014 on 8 Ejari contracts. The rent fell from AED 94,500 to AED 77,000 in 2022 and recovered to AED 120,000 by March 2025.
  • At AED 120,000 a year the gross yield on the 2017 price is 7.1%, before a service charge of about AED 14,700 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 23 March 2025.

Questions about 2903, Al Majara Tower 2

What did unit 2903 last sell for?

AED 1,700,000 on 27 April 2017: AED 1,745 per sqft for 974 sqft. The unit has 2 registered sales; the first was AED 462,900 in June 2010.

What is the rent for unit 2903?

AED 120,000 a year on the contract signed on 23 March 2025. The previous contract, from February 2024, was AED 118,000; the unit has been rented since January 2014.

How big is unit 2903?

974 sqft (90.5 sqm): a one-bedroom apartment on the 29th floor of a 31-storey tower completed in 2006.

What is unit 2903 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 2903, Al Majara Tower 2

Starts from the last sale price (AED 1.7M, 27 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →