2-bed · 1,605 sqftMurjan Tower, Dubai Marina · 1st floor · completed 2004

102, Murjan Tower

Sold prices and rental history: sold 3 times, last in March 2023, and rented once, from September 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 30 March 2023
Last soldAED 2.2M30 March 2023
Current rentAED 100K /yr20 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Murjan Tower

What is 102 worth today?

Last sold for AED 2,200,000 in 2023

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30 Mar 2023SoldReady
AED 2,200,000AED 1,370 per sqft
20 Sep 2020RentedNew contract
AED 100,000/yr12 months · AED 62 per sqft
26 Jan 2017SoldReady
AED 2,555,000AED 1,591 per sqft
25 Jun 2009Sold by developerReady
AED 2,340,000AED 1,457 per sqft

Source: Dubai Land Department. Updated 30 March 2023.

Key facts

Type
2-bed apartment
Size
1,605 sqft
Floor
1st of 37
Parking
375 , 407
Developer
Emaar
Completed
2004
Service charge
AED 23,900 /yr
Last sold
AED 2.2M · March 2023
Building
Murjan Tower

About 102, Murjan Tower

102 is a two-bedroom apartment of 1,605 sqft on the 1st floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 30 March 2023 for AED 2,200,000, or AED 1,370 per sqft, 6% below the AED 1,464 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 September 2020. The current contract, signed on 20 September 2020, is AED 100,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 23,900 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical two-bed in Murjan Tower
2M4M2008201320182023Typical sale price by year: 2008 AED 1,500,000; 2009 AED 1,207,782; 2010 AED 1,199,500; 2011 AED 1,196,727; 2012 AED 1,970,700; 2013 AED 2,700,000; 2014 AED 2,800,000; 2015 AED 3,250,000; 2016 AED 2,875,000; 2017 AED 2,800,000; 2019 AED 2,150,000; 2021 AED 2,400,000; 2022 AED 2,400,000; 2023 AED 2,650,000; 2024 AED 3,150,000; 2025 AED 3,150,000; 2026 AED 4,500,000Sold by developer, June 2009: AED 2,340,000 (AED 1,457 per sqft)Sold, January 2017: AED 2,555,000 (AED 1,591 per sqft)Sold, March 2023: AED 2,200,000 (AED 1,370 per sqft)

102 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 102, each contractTypical two-bed in Murjan Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 145,000; 2013 AED 175,000; 2014 AED 190,000; 2015 AED 190,000; 2016 AED 195,000; 2017 AED 190,000; 2018 AED 160,000; 2019 AED 144,163; 2020 AED 125,000; 2021 AED 120,000; 2022 AED 133,500; 2023 AED 157,000; 2024 AED 175,000; 2025 AED 180,000; 2026 AED 182,500New contract, September 2020: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Murjan Tower, and where 102 sits

All 102 2-beds →

102 last sold in March 2023 at AED 1,370 per sqft, 6% below what two-beds in Murjan Tower were fetching at the time (AED 1,464). Over the last 12 months two-beds sold for AED 3,900,000 to 4,750,000, around AED 2,648 per sqft, and rent for AED 115,000 to 244,125 a year. 102's AED 100,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20263,900,000
14 Oct 20264,500,000
4 Feb 20264,750,000
27 Oct 20253,150,000
3 2-bed sales in the last 12 months

Murjan Tower

Building

278 apartments, 1-bed to 5-bed over 37 floors in Dubai Marina, completed in 2004 by Emaar. 12 sold in the last 12 months.

Typical price per sqft
AED 2,238 Up 13.1%
Typical sale
AED 4.2M
Typical rent
AED 174K /yr
Typical yield
4.7%
Murjan Tower, Dubai Marina: prices, sales and rents →

Other units on the 1st floor

All 278 units in Murjan Tower
Value
1012-bedAED 1.75M · Jul 2021
1033-bedAED 2.5M · Oct 2018
1043-bedAED 1.53M · Oct 2009
1052-bedAED 3.15M · Oct 2025
1062-bedAED 2.26M · Jun 2023
1071-bedAED 1.5M · Nov 2012

102, Murjan Tower in numbers

  • Sold 3 times: first on 25 June 2009 for AED 2,340,000, last on 30 March 2023 for AED 2,200,000 (AED 1,370 per sqft).
  • Rented since September 2020 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 23,900 a year (AED 14.90 per sqft).
  • Two-beds in Murjan Tower sold for AED 3,900,000–4,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,238 per sqft.

Source: Dubai Land Department. Updated 30 March 2023.

Questions about 102, Murjan Tower

What did unit 102 last sell for?

AED 2,200,000 on 30 March 2023: AED 1,370 per sqft for 1,605 sqft. The unit has 3 registered sales; the first was AED 2,340,000 in June 2009.

What is the rent for unit 102?

AED 100,000 a year on the contract signed on 20 September 2020.

How big is unit 102?

1,605 sqft (149.1 sqm): a two-bedroom apartment on the 1st floor of a 37-storey tower completed in 2004.

What is unit 102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Murjan Tower sold for AED 3,900,000 to 4,750,000 in the last 12 months, around AED 2,648 per sqft.

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Mortgage on 102, Murjan Tower

Starts from the last sale price (AED 2.2M, 30 March 2023). 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →