1407, Murjan Tower
Sold prices and rental history: sold 5 times, last in November 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1407, Murjan Tower
What is 1407 worth today?
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Source: Dubai Land Department. Updated 29 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,170 sqft
- Floor
- 14th of 37
- Parking
- 2403
- Developer
- Emaar
- Completed
- 2004
- Service charge
- AED 17,400 /yr
- Last sold
- AED 2.6M · November 2023
- Building
- Murjan Tower
About 1407, Murjan Tower
1407 is a one-bedroom apartment of 1,170 sqft on the 14th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 29 November 2023 for AED 2,600,000, or AED 2,222 per sqft, 38% above the AED 1,612 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 20 January 2023, is AED 120,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 17,400 a year.
Sales and rents for 1407 over time
1407 has sold 5 times; the dashed line is the one-bed median of each year in the building.
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 1407 sits
All 106 1-beds →1407 last sold in November 2023 at AED 2,222 per sqft, 38% above what one-beds in Murjan Tower were fetching at the time (AED 1,612). 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. 1407's AED 120,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jul 202623 July 2026 | 1,173 sqft | 2,450,000 | 2,089 | ||
| 14 May 202614 May 2026 | 1,188 sqft | 2,000,000 | 1,683 | ||
| 27 Feb 202627 February 2026 | 1,528 sqft | 3,600,000 | 2,355 | ||
| 25 Feb 202625 February 2026 | 1,173 sqft | 2,280,071 | 1,944 |
Murjan Tower
Building278 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%
Other units on the 14th floor
All 278 units in Murjan Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,695 sqft | AED 680KAED 680,000 · Aug 2010August 2010 | 155,000 /yr | |
| 1402 | 1-bed | 1,170 sqft | AED 872KAED 872,420 · Mar 2009March 2009 | 110,000 /yr | |
| 1403 | 2-bed | 1,570 sqft | AED 1.12MAED 1,120,000 · Dec 2010December 2010 | 162,000 /yr | |
| 1404 | 1-bed | 1,185 sqft | AED 797KAED 797,000 · Sep 2010September 2010 | 100,000 /yr | |
| 1405 | 1-bed | 1,185 sqft | AED 800KAED 800,000 · Feb 2010February 2010 | 110,000 /yr | |
| 1406 | 2-bed | 1,570 sqft | AED 2.65MAED 2,650,000 · Feb 2014February 2014 | 195,000 /yr | |
| 1408 | 2-bed | 1,695 sqft | AED 658KAED 657,655 · Jul 2009July 2009 | 190,000 /yr | |
| 1409 | 1-bed | 1,525 sqft | AED 3.4MAED 3,400,000 · May 2014May 2014 | 180,000 /yr |
1407, Murjan Tower in numbers
- Sold 5 times: first on 15 January 2009 for AED 834,000, last on 29 November 2023 for AED 2,600,000 (AED 2,222 per sqft).
- Rented since August 2017 on 5 Ejari contracts. The rent fell from AED 135,000 to AED 100,000 in 2020 and recovered to AED 120,000 by January 2023.
- At AED 120,000 a year the gross yield on the 2023 price is 4.6%, 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 29 November 2023.
Questions about 1407, Murjan Tower
What did unit 1407 last sell for?
AED 2,600,000 on 29 November 2023: AED 2,222 per sqft for 1,170 sqft. The unit has 5 registered sales; the first was AED 834,000 in January 2009.
What is the rent for unit 1407?
AED 120,000 a year on the contract renewed on 20 January 2023. The previous contract, from January 2022, was AED 120,000; the unit has been rented since August 2017.
How big is unit 1407?
1,170 sqft (108.7 sqm): a one-bedroom apartment on the 14th floor of a 37-storey tower completed in 2004.
What is unit 1407 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 1407, Murjan Tower
Starts from the last sale price (AED 2.6M, 29 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →