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1-bed · 1,170 sqftMurjan Tower, Dubai Marina · 13th floor · completed 2004

1302, Murjan Tower

Sold prices and rental history: sold 3 times, last in April 2017, and rented once, from February 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 24 April 2017
Last soldAED 1.94M24 April 2017
Current rentAED 115K /yr26 February 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1302, Murjan Tower

What is 1302 worth today?

Last sold for AED 1,940,000 in 2017

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24 Apr 2017SoldReady
AED 1,940,000AED 1,658 per sqft
26 Feb 2013RentedNew contract
AED 115,000/yr12 months · AED 98 per sqft
15 Jul 2008Sold by developerReady
AED 2,450,000AED 2,093 per sqft
15 Jul 2008SoldReady
AED 1,809,543AED 1,546 per sqft

Source: Dubai Land Department. Updated 24 April 2017.

Key facts

Type
1-bed apartment
Size
1,170 sqft
Floor
13th of 37
Parking
2409
Developer
Emaar
Completed
2004
Service charge
AED 17,400 /yr
Last sold
AED 1.94M · April 2017
Building
Murjan Tower

About 1302, Murjan Tower

1302 is a one-bedroom apartment of 1,170 sqft on the 13th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 24 April 2017 for AED 1,940,000, or AED 1,658 per sqft, 23% above the AED 1,350 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 February 2013. The current contract, signed on 26 February 2013, is AED 115,000 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 17,400 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, each saleTypical one-bed in Murjan Tower
1M2M2008201320182023Typical sale price by year: 2008 AED 1,185,000; 2009 AED 889,889; 2010 AED 1,015,000; 2011 AED 1,209,125; 2012 AED 1,300,000; 2013 AED 1,750,000; 2014 AED 2,400,000; 2015 AED 1,242,250; 2016 AED 1,600,000; 2017 AED 1,920,000; 2018 AED 1,850,000; 2019 AED 1,000,000; 2021 AED 1,550,000; 2022 AED 1,600,000; 2023 AED 2,335,000; 2024 AED 2,350,000; 2025 AED 2,350,000; 2026 AED 2,365,036Sold by developer, July 2008: AED 2,450,000 (AED 2,093 per sqft)Sold, July 2008: AED 1,809,543 (AED 1,546 per sqft)Sold, April 2017: AED 1,940,000 (AED 1,658 per sqft)

1302 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1302, each contractTypical one-bed in Murjan Tower
75K100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 127,500; 2015 AED 130,000; 2016 AED 125,000; 2017 AED 120,000; 2018 AED 105,000; 2019 AED 95,000; 2020 AED 85,000; 2021 AED 81,000; 2022 AED 90,000; 2023 AED 108,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 122,500New contract, February 2013: AED 115,000 a year

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

1-beds in Murjan Tower, and where 1302 sits

All 106 1-beds →

1302 last sold in April 2017 at AED 1,658 per sqft, 23% above what one-beds in Murjan Tower were fetching at the time (AED 1,350). Over the last 12 months one-beds sold for AED 2,000,000 to 3,600,000, around AED 2,089 per sqft, and rent for AED 50,000 to 260,000 a year. 1302's AED 115,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jul 20262,450,000
14 May 20262,000,000
27 Feb 20263,600,000
25 Feb 20262,280,071
5 1-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 13th floor

All 278 units in Murjan Tower
Value
13012-bedAED 3.5M · Mar 2013
13032-bedAED 2.4M · Dec 2022
13041-bedAED 1.55M · Jun 2022
13051-bedAED 794K · Jun 2010
13062-bedAED 1.8M · Apr 2011
13071-bedAED 854K · Mar 2009
13082-bedAED 1.31M · Mar 2009
1–7 of 8

1302, Murjan Tower in numbers

  • Sold 3 times: first on 15 July 2008 for AED 1,809,543, last on 24 April 2017 for AED 1,940,000 (AED 1,658 per sqft).
  • Rented since February 2013 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2017 price is 5.9%, before a service charge of about AED 17,400 a year (AED 14.90 per sqft).
  • One-beds in Murjan Tower sold for AED 2,000,000–3,600,000 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 24 April 2017.

Questions about 1302, Murjan Tower

What did unit 1302 last sell for?

AED 1,940,000 on 24 April 2017: AED 1,658 per sqft for 1,170 sqft. The unit has 3 registered sales; the first was AED 1,809,543 in July 2008.

What is the rent for unit 1302?

AED 115,000 a year on the contract signed on 26 February 2013.

How big is unit 1302?

1,170 sqft (108.7 sqm): a one-bedroom apartment on the 13th floor of a 37-storey tower completed in 2004.

What is unit 1302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Murjan Tower sold for AED 2,000,000 to 3,600,000 in the last 12 months, around AED 2,089 per sqft.

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Mortgage on 1302, Murjan Tower

Starts from the last sale price (AED 1.94M, 24 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,940,000
Deposit, UAE resident (20%)
AED 388,000
Deposit, non-resident (40%)
AED 776,000
Monthly over 25 years at 3.7%
AED 7,937

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →