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

1408, Murjan Tower

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 22 July 2026
Last soldAED 658K14 July 2009
Current rentAED 190K /yr22 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Murjan Tower

What is 1408 worth today?

Last sold for AED 657,655 in 2009

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22 Jul 2026RentedRenewal
AED 190,000/yr12 months · AED 112 per sqft
22 Jul 2025RentedRenewal
AED 190,000/yr12 months · AED 112 per sqft
22 Jul 2025RentedRenewal
AED 190,000/yr12 months · AED 112 per sqft
22 Jul 2024RentedRenewal
AED 180,000/yr12 months · AED 107 per sqft
22 Jul 2024RentedRenewal
AED 180,000/yr12 months · AED 107 per sqft
22 Jul 2023RentedRenewal
AED 170,000/yr12 months · AED 101 per sqft
22 Jul 2022RentedNew contract
AED 160,000/yr12 months · AED 95 per sqft
7 Feb 2022RentedRenewal
AED 132,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 22 July 2026.

Key facts

Type
2-bed apartment
Size
1,695 sqft
Floor
14th of 37
Parking
2094
Developer
Emaar
Completed
2004
Service charge
AED 25,300 /yr
Last sold
AED 658K · July 2009
Building
Murjan Tower

About 1408, Murjan Tower

1408 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 14 July 2009 for AED 657,655, or AED 388 per sqft, 49% below the AED 766 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, renewed on 22 July 2026, is AED 190,000 a year: a gross yield of 28.9% on the 2009 price, before the service charge of about AED 25,300 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, 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, July 2009: AED 657,655 (AED 388 per sqft)

1408 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1408, 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, February 2014: AED 228,000 a yearRenewal, January 2016: AED 232,000 a yearNew contract, January 2017: AED 210,000 a yearNew contract, February 2018: AED 180,000 a yearNew contract, February 2020: AED 145,000 a yearRenewal, February 2021: AED 125,000 a yearRenewal, February 2022: AED 132,000 a yearNew contract, July 2022: AED 160,000 a yearRenewal, July 2023: AED 170,000 a yearRenewal, July 2024: AED 180,000 a yearRenewal, July 2024: AED 180,000 a yearRenewal, July 2025: AED 190,000 a yearRenewal, July 2025: AED 190,000 a yearRenewal, July 2026: AED 190,000 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 1408 sits

All 102 2-beds →

1408 last sold in July 2009 at AED 388 per sqft, 49% below what two-beds in Murjan Tower were fetching at the time (AED 766). 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. 1408's AED 190,000 is in the upper 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
14012-bedAED 680K · Aug 2010
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
1–7 of 8

1408, Murjan Tower in numbers

  • Sold once: by Emaar on 14 July 2009 for AED 657,655, or AED 388 per sqft.
  • Rented since February 2014 on 14 Ejari contracts. The rent fell from AED 228,000 to AED 125,000 in 2021 and recovered to AED 190,000 by July 2026.
  • At AED 190,000 a year the gross yield on the 2009 price is 28.9%, 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 22 July 2026.

Questions about 1408, Murjan Tower

What did unit 1408 last sell for?

AED 657,655 on 14 July 2009, sold by the developer: AED 388 per sqft for 1,695 sqft. It is the only registered sale of the unit.

What is the rent for unit 1408?

AED 190,000 a year on the contract renewed on 22 July 2026. The previous contract, from July 2025, was AED 190,000; the unit has been rented since February 2014.

How big is unit 1408?

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 1408 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 1408, Murjan Tower

Starts from the last sale price (AED 658K, 14 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 657,655
Deposit, UAE resident (20%)
AED 131,531
Deposit, non-resident (40%)
AED 263,062
Monthly over 25 years at 3.7%
AED 2,691

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