602, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in May 2008, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Al Majara Tower 2
What is 602 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,579 sqft
- Floor
- 6th of 31
- Parking
- 309
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 23,900 /yr
- Last sold
- AED 2.2M · May 2008
- Building
- Al Majara Tower 2
About 602, Al Majara Tower 2
602 is a two-bedroom apartment of 1,579 sqft on the 6th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 20 May 2008 for AED 2,200,000, or AED 1,393 per sqft, 11% above the AED 1,256 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 10 June 2025, is AED 180,000 a year: a gross yield of 8.2% on the 2008 price, before the service charge of about AED 23,900 a year.
Sales and rents for 602 over time
602 has sold once; 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 602 sits
All 88 2-beds →602 last sold in May 2008 at AED 1,393 per sqft, 11% above what two-beds in Al Majara Tower 2 were fetching at the time (AED 1,256). 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. 602's AED 180,000 is in the upper 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 6th floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 971 sqft | AED 337KAED 336,900 · May 2010May 2010 | 100,000 /yr | |
| 603 | 1-bed | 243 sqft | AED 1.95MAED 1,950,000 · Jul 2023July 2023 | 118,000 /yr | |
| 604 | 2-bed | 1,408 sqft | AED 4.18MAED 4,175,000 · Apr 2025April 2025 | ||
| 605 | 1-bed | 841 sqft | AED 1.7MAED 1,700,000 · Nov 2015November 2015 | 94,500 /yr | |
| 606 | 1-bed | 945 sqft | AED 627KAED 626,800 · Jun 2013June 2013 | 86,708 /yr | |
| 607 | 1-bed | 842 sqft | AED 489KAED 488,800 · Apr 2011April 2011 | 89,250 /yr | |
| 608 | 2-bed | 1,303 sqft | AED 906KAED 905,800 · Mar 2014March 2014 | 157,500 /yr |
602, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 20 May 2008 for AED 2,200,000, or AED 1,393 per sqft.
- Rented since October 2018 on 6 Ejari contracts. The rent fell from AED 185,000 to AED 121,000 in 2021 and recovered to AED 180,000 by June 2025.
- At AED 180,000 a year the gross yield on the 2008 price is 8.2%, before a service charge of about AED 23,900 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 10 June 2025.
Questions about 602, Al Majara Tower 2
What did unit 602 last sell for?
AED 2,200,000 on 20 May 2008, sold by the developer: AED 1,393 per sqft for 1,579 sqft. It is the only registered sale of the unit.
What is the rent for unit 602?
AED 180,000 a year on the contract signed on 10 June 2025. The previous contract, from July 2023, was AED 175,000; the unit has been rented since October 2018.
How big is unit 602?
1,579 sqft (146.7 sqm): a two-bedroom apartment on the 6th floor of a 31-storey tower completed in 2006.
What is unit 602 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 602, Al Majara Tower 2
Starts from the last sale price (AED 2.2M, 20 May 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →