1-bed · 1,185 sqftMurjan Tower, Dubai Marina · 14th floor · completed 2004

1405, Murjan Tower

Sold prices and rental history: sold once, by the developer in February 2010, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 28 September 2022
Last soldAED 800K22 February 2010
Current rentAED 110K /yr28 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Murjan Tower

What is 1405 worth today?

Last sold for AED 800,000 in 2010

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28 Sep 2022RentedNew contract
AED 110,000/yr12 months · AED 93 per sqft
19 May 2019RentedNew contract
AED 75,000/yr12 months · AED 63 per sqft
1 Dec 2018RentedNew contract
AED 75,000/yr12 months · AED 63 per sqft
22 Feb 2010Sold by developerReady
AED 800,000AED 675 per sqft

Source: Dubai Land Department. Updated 28 September 2022.

Key facts

Type
1-bed apartment
Size
1,185 sqft
Floor
14th of 37
Parking
2404
Developer
Emaar
Completed
2004
Service charge
AED 17,700 /yr
Last sold
AED 800K · February 2010
Building
Murjan Tower

About 1405, Murjan Tower

1405 is a one-bedroom apartment of 1,185 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 22 February 2010 for AED 800,000, or AED 675 per sqft, 12% below the AED 764 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 28 September 2022, is AED 110,000 a year: a gross yield of 13.8% on the 2010 price, before the service charge of about AED 17,700 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, 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, February 2010: AED 800,000 (AED 675 per sqft)

1405 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1405, 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, December 2018: AED 75,000 a yearNew contract, May 2019: AED 75,000 a yearNew contract, September 2022: AED 110,000 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 1405 sits

All 106 1-beds →

1405 last sold in February 2010 at AED 675 per sqft, 12% below what one-beds in Murjan Tower were fetching at the time (AED 764). 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. 1405's AED 110,000 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 14th floor

All 278 units in Murjan Tower
Value
14012-bedAED 680K · Aug 2010
14021-bedAED 872K · Mar 2009
14032-bedAED 1.12M · Dec 2010
14041-bedAED 797K · Sep 2010
14062-bedAED 2.65M · Feb 2014
14071-bedAED 2.6M · Nov 2023
14082-bedAED 658K · Jul 2009
1–7 of 8

1405, Murjan Tower in numbers

  • Sold once: by Emaar on 22 February 2010 for AED 800,000, or AED 675 per sqft.
  • Rented since December 2018 on 3 Ejari contracts, from AED 75,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2010 price is 13.8%, before a service charge of about AED 17,700 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 28 September 2022.

Questions about 1405, Murjan Tower

What did unit 1405 last sell for?

AED 800,000 on 22 February 2010, sold by the developer: AED 675 per sqft for 1,185 sqft. It is the only registered sale of the unit.

What is the rent for unit 1405?

AED 110,000 a year on the contract signed on 28 September 2022. The previous contract, from May 2019, was AED 75,000; the unit has been rented since December 2018.

How big is unit 1405?

1,185 sqft (110.1 sqm): a one-bedroom apartment on the 14th floor of a 37-storey tower completed in 2004.

What is unit 1405 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 1405, Murjan Tower

Starts from the last sale price (AED 800K, 22 February 2010). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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