404, Al Majara Tower 2
Sold prices and rental history: sold twice, last in July 2019, 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 404, Al Majara Tower 2
What is 404 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 16 July 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,408 sqft
- Floor
- 4th of 31
- Parking
- 334
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 21,300 /yr
- Last sold
- AED 1.75M · July 2019
- Building
- Al Majara Tower 2
About 404, Al Majara Tower 2
404 is a two-bedroom apartment of 1,408 sqft on the 4th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 16 July 2019 for AED 1,750,000, or AED 1,242 per sqft, in line with the AED 1,242 two-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 10 May 2017, is AED 165,000 a year: a gross yield of 9.4% on the 2019 price, before the service charge of about AED 21,300 a year.
Sales and rents for 404 over time
404 has sold twice; 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 404 sits
All 88 2-beds →404 last sold in July 2019 at AED 1,242 per sqft, in line with what two-beds in Al Majara Tower 2 were fetching at the time (AED 1,242). 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. 404's AED 165,000 is in the lower 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 4th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 971 sqft | AED 2.13MAED 2,125,000 · Jan 2026January 2026 | 115,000 /yr | |
| 402 | 2-bed | 1,579 sqft | AED 2.32MAED 2,320,000 · Oct 2024October 2024 | 59,946 /yr | |
| 403 | 1-bed | 974 sqft | AED 686KAED 685,800 · Jul 2011July 2011 | 95,000 /yr | |
| 405 | 1-bed | 841 sqft | AED 800KAED 800,000 · Oct 2013October 2013 | 105,000 /yr | |
| 406 | 1-bed | 945 sqft | AED 1.7MAED 1,700,000 · Jan 2025January 2025 | 110,000 /yr | |
| 407 | 1-bed | 842 sqft | AED 1.15MAED 1,150,000 · Jan 2023January 2023 | 92,500 /yr | |
| 408 | 2-bed | 1,303 sqft | AED 932KAED 931,888 · Apr 2010April 2010 | 145,000 /yr |
404, Al Majara Tower 2 in numbers
- Sold twice: first on 25 November 2008 for AED 1,009,800, last on 16 July 2019 for AED 1,750,000 (AED 1,242 per sqft).
- Rented since August 2013 on 4 Ejari contracts, from AED 150,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2019 price is 9.4%, before a service charge of about AED 21,300 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 16 July 2019.
Questions about 404, Al Majara Tower 2
What did unit 404 last sell for?
AED 1,750,000 on 16 July 2019: AED 1,242 per sqft for 1,408 sqft. The unit has 2 registered sales; the first was AED 1,009,800 in November 2008.
What is the rent for unit 404?
AED 165,000 a year on the contract signed on 10 May 2017. The previous contract, from April 2016, was AED 170,000; the unit has been rented since August 2013.
How big is unit 404?
1,408 sqft (130.8 sqm): a two-bedroom apartment on the 4th floor of a 31-storey tower completed in 2006.
What is unit 404 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 404, Al Majara Tower 2
Starts from the last sale price (AED 1.75M, 16 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus AED 78,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →