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2-bed · 1,570 sqftMurjan Tower, Dubai Marina · 13th floor · completed 2004

1306, Murjan Tower

Sold prices and rental history: sold once, by the developer in April 2011, and rented once, from November 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 13 November 2019
Last soldAED 1.8M14 April 2011
Current rentAED 70K /yr13 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1306, Murjan Tower

What is 1306 worth today?

Last sold for AED 1,800,000 in 2011

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13 Nov 2019RentedNew contract
AED 70,000/yr12 months · AED 45 per sqft
14 Apr 2011Sold by developerReady
AED 1,800,000AED 1,146 per sqft

Source: Dubai Land Department. Updated 13 November 2019.

Key facts

Type
2-bed apartment
Size
1,570 sqft
Floor
13th of 37
Parking
2407
Developer
Emaar
Completed
2004
Service charge
AED 23,400 /yr
Last sold
AED 1.8M · April 2011
Building
Murjan Tower

About 1306, Murjan Tower

1306 is a two-bedroom apartment of 1,570 sqft on the 13th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 14 April 2011 for AED 1,800,000, or AED 1,146 per sqft, 52% above the AED 756 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 November 2019. The current contract, signed on 13 November 2019, is AED 70,000 a year: a gross yield of 3.9% on the 2011 price, before the service charge of about AED 23,400 a year.

Sales and rents for 1306 over time

Sales
Unit 1306, 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, April 2011: AED 1,800,000 (AED 1,146 per sqft)

1306 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1306, each contractTypical two-bed in Murjan Tower
100K200K2012201620202024Typical 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, November 2019: AED 70,000 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 1306 sits

All 102 2-beds →

1306 last sold in April 2011 at AED 1,146 per sqft, 52% above what two-beds in Murjan Tower were fetching at the time (AED 756). 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. 1306's AED 70,000 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 13th floor

All 278 units in Murjan Tower
Value
13012-bedAED 3.5M · Mar 2013
13021-bedAED 1.94M · Apr 2017
13032-bedAED 2.4M · Dec 2022
13041-bedAED 1.55M · Jun 2022
13051-bedAED 794K · Jun 2010
13071-bedAED 854K · Mar 2009
13082-bedAED 1.31M · Mar 2009
1–7 of 8

1306, Murjan Tower in numbers

  • Sold once: by Emaar on 14 April 2011 for AED 1,800,000, or AED 1,146 per sqft.
  • Rented since November 2019 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2011 price is 3.9%, before a service charge of about AED 23,400 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 13 November 2019.

Questions about 1306, Murjan Tower

What did unit 1306 last sell for?

AED 1,800,000 on 14 April 2011, sold by the developer: AED 1,146 per sqft for 1,570 sqft. It is the only registered sale of the unit.

What is the rent for unit 1306?

AED 70,000 a year on the contract signed on 13 November 2019.

How big is unit 1306?

1,570 sqft (145.9 sqm): a two-bedroom apartment on the 13th floor of a 37-storey tower completed in 2004.

What is unit 1306 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 1306, Murjan Tower

Starts from the last sale price (AED 1.8M, 14 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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