1503, Murjan Tower
Sold prices and rental history: sold once, by the developer in April 2010, 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 1503, Murjan Tower
What is 1503 worth today?
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Source: Dubai Land Department. Updated 5 August 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,570 sqft
- Floor
- 15th of 37
- Parking
- 2397
- Developer
- Emaar
- Completed
- 2004
- Service charge
- AED 23,400 /yr
- Last sold
- AED 1.2M · April 2010
- Building
- Murjan Tower
About 1503, Murjan Tower
1503 is a two-bedroom apartment of 1,570 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 4 April 2010 for AED 1,199,000, or AED 763 per sqft, in line with the AED 759 two-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 5 August 2023, is AED 156,350 a year: a gross yield of 13.0% on the 2010 price, before the service charge of about AED 23,400 a year.
Sales and rents for 1503 over time
1503 has sold once; the dashed line is the two-bed median of each year in the building.
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 1503 sits
All 102 2-beds →1503 last sold in April 2010 at AED 763 per sqft, in line with what two-beds in Murjan Tower were fetching at the time (AED 759). 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. 1503's AED 156,350 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 1,514 sqft | 3,900,000 | 2,576 | ||
| 14 Oct 202614 October 2026 | 1,699 sqft | 4,500,000 | 2,648 | ||
| 4 Feb 20264 February 2026 | 1,699 sqft | 4,750,000 | 2,795 | ||
| 27 Oct 202527 October 2025 | 1,609 sqft | 3,150,000 | 1,958 |
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 15th floor
All 278 units in Murjan Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,695 sqft | AED 1.28MAED 1,284,000 · Jun 2009June 2009 | ||
| 1502 | 1-bed | 1,170 sqft | AED 853KAED 853,000 · Mar 2009March 2009 | 135,000 /yr | |
| 1504 | 1-bed | 592 sqft | AED 900KAED 900,000 · Feb 2013February 2013 | 120,000 /yr | |
| 1505 | 1-bed | 1,185 sqft | AED 1.65MAED 1,649,000 · Jul 2021July 2021 | 140,000 /yr | |
| 1506 | 2-bed | 1,570 sqft | AED 1.28MAED 1,276,888 · Jul 2010July 2010 | 145,000 /yr | |
| 1507 | 1-bed | 1,170 sqft | AED 2.06MAED 2,060,000 · May 2017May 2017 | ||
| 1508 | 2-bed | 1,695 sqft | AED 2.4MAED 2,400,000 · Feb 2012February 2012 | 173,000 /yr | |
| 1509 | 1-bed | 1,525 sqft | AED 1.22MAED 1,218,250 · Dec 2011December 2011 | 140,000 /yr |
1503, Murjan Tower in numbers
- Sold once: by Emaar on 4 April 2010 for AED 1,199,000, or AED 763 per sqft.
- Rented since June 2017 on 5 Ejari contracts. The rent fell from AED 175,000 to AED 102,000 in 2019 and recovered to AED 156,350 by August 2023.
- At AED 156,350 a year the gross yield on the 2010 price is 13.0%, before a service charge of about AED 23,400 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 5 August 2023.
Questions about 1503, Murjan Tower
What did unit 1503 last sell for?
AED 1,199,000 on 4 April 2010, sold by the developer: AED 763 per sqft for 1,570 sqft. It is the only registered sale of the unit.
What is the rent for unit 1503?
AED 156,350 a year on the contract renewed on 5 August 2023. The previous contract, from August 2022, was AED 150,000; the unit has been rented since June 2017.
How big is unit 1503?
1,570 sqft (145.9 sqm): a two-bedroom apartment on the 15th floor of a 37-storey tower completed in 2004.
What is unit 1503 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 1503, Murjan Tower
Starts from the last sale price (AED 1.2M, 4 April 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,199,000
- Deposit, UAE resident (20%)
- AED 239,800
- Deposit, non-resident (40%)
- AED 479,600
- Monthly over 25 years at 3.7%
- AED 4,905
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →