307, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in August 2010, 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 307, Al Majara Tower 2
What is 307 worth today?
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Source: Dubai Land Department. Updated 23 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 842 sqft
- Floor
- 3rd of 31
- Parking
- 537
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,700 /yr
- Last sold
- AED 640K · August 2010
- Building
- Al Majara Tower 2
About 307, Al Majara Tower 2
307 is a one-bedroom apartment of 842 sqft on the 3rd floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 8 August 2010 for AED 640,000, or AED 760 per sqft, 13% above the AED 672 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 23 October 2024, is AED 75,000 a year: a gross yield of 11.7% on the 2010 price, before the service charge of about AED 12,700 a year.
Sales and rents for 307 over time
307 has sold once; 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 307 sits
All 146 1-beds →307 last sold in August 2010 at AED 760 per sqft, 13% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 672). 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. 307's AED 75,000 is at the bottom 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 3rd floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 971 sqft | AED 1.4MAED 1,400,000 · Jan 2011January 2011 | 132,000 /yr | |
| 302 | 2-bed | 1,579 sqft | AED 3.5MAED 3,500,000 · Feb 2015February 2015 | 175,000 /yr | |
| 303 | 1-bed | 974 sqft | AED 1.82MAED 1,820,000 · Jun 2023June 2023 | 120,000 /yr | |
| 304 | 2-bed | 1,408 sqft | AED 2.53MAED 2,525,000 · Jul 2017July 2017 | 190,000 /yr | |
| 305 | 1-bed | 841 sqft | AED 281KAED 281,400 · May 2010May 2010 | 94,000 /yr | |
| 306 | 1-bed | 945 sqft | AED 700KAED 700,000 · Jul 2013July 2013 | 105,000 /yr | |
| 308 | 2-bed | 1,303 sqft | AED 1.93MAED 1,925,000 · Jul 2017July 2017 | 180,000 /yr |
307, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 8 August 2010 for AED 640,000, or AED 760 per sqft.
- Rented since November 2014 on 7 Ejari contracts, from AED 80,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2010 price is 11.7%, 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: Dubai Land Department. Updated 23 October 2024.
Questions about 307, Al Majara Tower 2
What did unit 307 last sell for?
AED 640,000 on 8 August 2010, sold by the developer: AED 760 per sqft for 842 sqft. It is the only registered sale of the unit.
What is the rent for unit 307?
AED 75,000 a year on the contract renewed on 23 October 2024. The previous contract, from October 2023, was AED 75,000; the unit has been rented since November 2014.
How big is unit 307?
842 sqft (78.2 sqm): a one-bedroom apartment on the 3rd floor of a 31-storey tower completed in 2006.
What is unit 307 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 307, Al Majara Tower 2
Starts from the last sale price (AED 640K, 8 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 640,000
- Deposit, UAE resident (20%)
- AED 128,000
- Deposit, non-resident (40%)
- AED 256,000
- Monthly over 25 years at 3.7%
- AED 2,618
Plus AED 31,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →