2905, Al Majara Tower 2
Sold prices and rental history: sold twice, last in June 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2905, Al Majara Tower 2
What is 2905 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 841 sqft
- Floor
- 29th of 31
- Parking
- 378
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.13M · June 2008
- Building
- Al Majara Tower 2
About 2905, Al Majara Tower 2
2905 is a one-bedroom apartment of 841 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 15 June 2008 for AED 1,125,000, or AED 1,337 per sqft, 51% above the AED 887 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 90,000 a year: a gross yield of 8.0% on the 2008 price, before the service charge of about AED 12,700 a year.
Sales and rents for 2905 over time
2905 has sold twice; the dashed line is the one-bed median of each year in the building.
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 2905 sits
All 146 1-beds →2905 last sold in June 2008 at AED 1,337 per sqft, 51% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 887). 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. 2905's AED 90,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jan 202621 January 2026 | 971 sqft | 2,125,000 | 2,188 | ||
| 16 Jan 202616 January 2026 | 842 sqft | 1,600,000 | 1,900 | ||
| 16 May 202516 May 2025 | 945 sqft | 2,100,000 | 2,222 | ||
| 15 Jan 202515 January 2025 | 945 sqft | 1,700,000 | 1,799 |
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 | |
| 2902 | 2-bed | 1,579 sqft | AED 2.03MAED 2,028,985 · May 2008May 2008 | 175,000 /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 | ||
| 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 |
2905, Al Majara Tower 2 in numbers
- Sold twice: first on 15 June 2008 for AED 1,500,000, last on 15 June 2008 for AED 1,125,000 (AED 1,337 per sqft).
- Rented since February 2014 on 10 Ejari contracts. The rent fell from AED 105,000 to AED 74,833 in 2020 and recovered to AED 90,000 by April 2024.
- At AED 90,000 a year the gross yield on the 2008 price is 8.0%, before a service charge of about AED 12,700 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 1 April 2024.
Questions about 2905, Al Majara Tower 2
What did unit 2905 last sell for?
AED 1,125,000 on 15 June 2008, sold by the developer: AED 1,337 per sqft for 841 sqft. The unit has 2 registered sales; the first was AED 1,500,000 in June 2008.
What is the rent for unit 2905?
AED 90,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 78,000; the unit has been rented since February 2014.
How big is unit 2905?
841 sqft (78.1 sqm): a one-bedroom apartment on the 29th floor of a 31-storey tower completed in 2006.
What is unit 2905 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 2905, Al Majara Tower 2
Starts from the last sale price (AED 1.13M, 15 June 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,125,000
- Deposit, UAE resident (20%)
- AED 225,000
- Deposit, non-resident (40%)
- AED 450,000
- Monthly over 25 years at 3.7%
- AED 4,603
Plus AED 52,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →