2-bed · 1,695 sqftMurjan Tower, Dubai Marina · 15th floor · completed 2004

1501, Murjan Tower

Sold prices and rental history: sold once, by the developer in June 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 21 June 2009
Last soldAED 1.28M21 June 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Murjan Tower

What is 1501 worth today?

Last sold for AED 1,284,000 in 2009

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21 Jun 2009Sold by developerReady
AED 1,284,000AED 757 per sqft

Source: Dubai Land Department. Updated 21 June 2009.

Key facts

Type
2-bed apartment
Size
1,695 sqft
Floor
15th of 37
Parking
2093
Developer
Emaar
Completed
2004
Service charge
AED 25,300 /yr
Last sold
AED 1.28M · June 2009
Building
Murjan Tower

About 1501, Murjan Tower

1501 is a two-bedroom apartment of 1,695 sqft on the 15th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 21 June 2009 for AED 1,284,000, or AED 757 per sqft, in line with the AED 763 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1501 over time

Sales
Unit 1501, 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, June 2009: AED 1,284,000 (AED 757 per sqft)

1501 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1501, 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 182,500

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 1501 sits

All 102 2-beds →

1501 last sold in June 2009 at AED 757 per sqft, in line with what two-beds in Murjan Tower were fetching at the time (AED 763). 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.

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 15th floor

All 278 units in Murjan Tower
Value
15021-bedAED 853K · Mar 2009
15032-bedAED 1.2M · Apr 2010
15041-bedAED 900K · Feb 2013
15051-bedAED 1.65M · Jul 2021
15062-bedAED 1.28M · Jul 2010
15071-bedAED 2.06M · May 2017
15082-bedAED 2.4M · Feb 2012
1–7 of 8

1501, Murjan Tower in numbers

  • Sold once: by Emaar on 21 June 2009 for AED 1,284,000, or AED 757 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 21 June 2009.

Questions about 1501, Murjan Tower

What did unit 1501 last sell for?

AED 1,284,000 on 21 June 2009, sold by the developer: AED 757 per sqft for 1,695 sqft. It is the only registered sale of the unit.

How big is unit 1501?

1,695 sqft (157.5 sqm): a two-bedroom apartment on the 15th floor of a 37-storey tower completed in 2004.

What is unit 1501 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 1501, Murjan Tower

Starts from the last sale price (AED 1.28M, 21 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,284,000
Deposit, UAE resident (20%)
AED 256,800
Deposit, non-resident (40%)
AED 513,600
Monthly over 25 years at 3.7%
AED 5,253

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