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2-bed · 1,695 sqftMurjan Tower, Dubai Marina · 14th floor · completed 2004

1401, Murjan Tower

Sold prices and rental history: sold once, by the developer in August 2010, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 28 December 2021
Last soldAED 680K4 August 2010
Current rentAED 155K /yr28 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1401, Murjan Tower

What is 1401 worth today?

Last sold for AED 680,000 in 2010

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28 Dec 2021RentedNew contract
AED 155,000/yr12 months · AED 92 per sqft
4 Aug 2010Sold by developerReady
AED 680,000AED 401 per sqft

Source: Dubai Land Department. Updated 28 December 2021.

Key facts

Type
2-bed apartment
Size
1,695 sqft
Floor
14th of 37
Parking
2095
Developer
Emaar
Completed
2004
Service charge
AED 25,300 /yr
Last sold
AED 680K · August 2010
Building
Murjan Tower

About 1401, Murjan Tower

1401 is a two-bedroom apartment of 1,695 sqft on the 14th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 4 August 2010 for AED 680,000, or AED 401 per sqft, 45% below the AED 732 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 December 2021. The current contract, signed on 28 December 2021, is AED 155,000 a year: a gross yield of 22.8% on the 2010 price, before the service charge of about AED 25,300 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, each saleTypical two-bed in Murjan Tower
02M4M2008201320182023Typical 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, August 2010: AED 680,000 (AED 401 per sqft)

1401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1401, each contractTypical two-bed in Murjan Tower
150K200K2012201620202024Typical 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, December 2021: AED 155,000 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 1401 sits

All 102 2-beds →

1401 last sold in August 2010 at AED 401 per sqft, 45% below what two-beds in Murjan Tower were fetching at the time (AED 732). 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. 1401's AED 155,000 is in the lower half 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 14th floor

All 278 units in Murjan Tower
Value
14021-bedAED 872K · Mar 2009
14032-bedAED 1.12M · Dec 2010
14041-bedAED 797K · Sep 2010
14051-bedAED 800K · Feb 2010
14062-bedAED 2.65M · Feb 2014
14071-bedAED 2.6M · Nov 2023
14082-bedAED 658K · Jul 2009
1–7 of 8

1401, Murjan Tower in numbers

  • Sold once: by Emaar on 4 August 2010 for AED 680,000, or AED 401 per sqft.
  • Rented since December 2021 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2010 price is 22.8%, before a service charge of about AED 25,300 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 28 December 2021.

Questions about 1401, Murjan Tower

What did unit 1401 last sell for?

AED 680,000 on 4 August 2010, sold by the developer: AED 401 per sqft for 1,695 sqft. It is the only registered sale of the unit.

What is the rent for unit 1401?

AED 155,000 a year on the contract signed on 28 December 2021.

How big is unit 1401?

1,695 sqft (157.5 sqm): a two-bedroom apartment on the 14th floor of a 37-storey tower completed in 2004.

What is unit 1401 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 1401, Murjan Tower

Starts from the last sale price (AED 680K, 4 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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