PropertyIndex

Al Majara 2

In Progress · Date not reported

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Al Majara 2 is an in-progress apartment development in Dubai Marina, Marsa Dubai. 560 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,068 per sqft. At AED 2,068 per sqft, Al Majara 2 prices 19% below the Dubai Marina average of AED 2,539 per sqft on registered sales.

PIX© price · 12.9% YoY
2.42MAED
Typical
2,068AED
PSF
Gross yield
4.9%
PIX© rent ÷ PIX© price
Sale records
560
DLD · all time
Rent contracts
1,786
Ejari · all time
Al Majara 2

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypePIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
2.42M2,06812.9%118K4.9%
1 Bed · Apartment
786 – 1,463 sqft
2 Bed · Apartment
971 – 1,579 sqft
3 Bed · Apartment
2,130 – 2,536 sqft
Sales — Project-Wide560 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
14 Aug 20262 BedFloor 141,5793,550,0002,248+7.6%StandardStandard Sale
21 Jul 20261 BedFloor 178411,700,0002,021+70.0%StandardStandard Sale
29 Jun 20262 BedFloor 71,4083,050,0002,166+191.6%StandardStandard Sale
Rentals — Project-Wide1,786 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 275 rentals
Floors 1-23 · 216 rentals
Floors 24-31 · 59 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
17 Aug 20261 BedFloor 28971120,000124-7.7%Standardnew
15 Aug 20262 BedFloor 241,408160,0001140.0%Standardrenewal
15 Aug 20262 BedFloor 151,408170,0001210.0%Premiumrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Marina

The closest-priced registered projects in Dubai Marina.

Common questions about Al Majara 2

Answered from Dubai Land Department registered transactions.

How much does a property in Al Majara 2 cost?

Property in Al Majara 2 sells at a current PIX© price of AED 2,068 per sqft, or about AED 2,421,886 for a typical unit, based on 560 sales registered with the Dubai Land Department.

When is Al Majara 2 handing over?

Al Majara 2 is under construction.

What is the rental yield in Al Majara 2?

Al Majara 2 yields 4.9% gross, calculated from current PIX© rent against current PIX© sale price, across 1,786 registered Ejari contracts.

Have prices in Al Majara 2 gone up or down?

Price per sqft has fallen -12.9% over the last 12 months, to AED 2,068, across 560 registered sales.