407, Al Majara Tower 2
Sold prices and rental history: sold 4 times, last in January 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Al Majara Tower 2
What is 407 worth today?
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Source: Dubai Land Department. Updated 15 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 842 sqft
- Floor
- 4th of 31
- Parking
- 337
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.15M · January 2023
- Building
- Al Majara Tower 2
About 407, Al Majara Tower 2
407 is a one-bedroom apartment of 842 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 4 January 2023 for AED 1,150,000, or AED 1,365 per sqft, 11% below the AED 1,534 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 15 March 2026, is AED 92,500 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 12,700 a year.
Sales and rents for 407 over time
407 has sold 4 times; 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 407 sits
All 146 1-beds →407 last sold in January 2023 at AED 1,365 per sqft, 11% below what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,534). 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. 407's AED 92,500 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 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 | |
| 404 | 2-bed | 1,408 sqft | AED 1.75MAED 1,750,000 · Jul 2019July 2019 | 165,000 /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 | |
| 408 | 2-bed | 1,303 sqft | AED 932KAED 931,888 · Apr 2010April 2010 | 145,000 /yr |
407, Al Majara Tower 2 in numbers
- Sold 4 times: first on 26 October 2010 for AED 650,000, last on 4 January 2023 for AED 1,150,000 (AED 1,365 per sqft).
- Rented since August 2017 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2020 and recovered to AED 92,500 by March 2026.
- At AED 92,500 a year the gross yield on the 2023 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: Dubai Land Department. Updated 15 March 2026.
Questions about 407, Al Majara Tower 2
What did unit 407 last sell for?
AED 1,150,000 on 4 January 2023: AED 1,365 per sqft for 842 sqft. The unit has 4 registered sales; the first was AED 650,000 in October 2010.
What is the rent for unit 407?
AED 92,500 a year on the contract renewed on 15 March 2026. The previous contract, from March 2025, was AED 105,000; the unit has been rented since August 2017.
How big is unit 407?
842 sqft (78.2 sqm): a one-bedroom apartment on the 4th floor of a 31-storey tower completed in 2006.
What is unit 407 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 407, Al Majara Tower 2
Starts from the last sale price (AED 1.15M, 4 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →