1-bed · 1,170 sqftMurjan Tower, Dubai Marina · 15th floor · completed 2004

1507, Murjan Tower

Sold prices and rental history: sold twice, last in May 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 29 May 2017
Last soldAED 2.06M29 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Murjan Tower

What is 1507 worth today?

Last sold for AED 2,060,000 in 2017

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29 May 2017SoldReady
AED 2,060,000AED 1,760 per sqft
20 Jan 2014Sold by developerReady
AED 838,000AED 716 per sqft

Source: Dubai Land Department. Updated 29 May 2017.

Key facts

Type
1-bed apartment
Size
1,170 sqft
Floor
15th of 37
Parking
2462
Developer
Emaar
Completed
2004
Service charge
AED 17,400 /yr
Last sold
AED 2.06M · May 2017
Building
Murjan Tower

About 1507, Murjan Tower

1507 is a one-bedroom apartment of 1,170 sqft on the 15th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 29 May 2017 for AED 2,060,000, or AED 1,760 per sqft, 23% above the AED 1,434 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1507 over time

Sales
Unit 1507, 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, January 2014: AED 838,000 (AED 716 per sqft)Sold, May 2017: AED 2,060,000 (AED 1,760 per sqft)

1507 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1507, 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 122,500

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 1507 sits

All 106 1-beds →

1507 last sold in May 2017 at AED 1,760 per sqft, 23% above what one-beds in Murjan Tower were fetching at the time (AED 1,434). 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.

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 15th floor

All 278 units in Murjan Tower
Value
15012-bedAED 1.28M · Jun 2009
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
15082-bedAED 2.4M · Feb 2012
1–7 of 8

1507, Murjan Tower in numbers

  • Sold twice: first on 20 January 2014 for AED 838,000, last on 29 May 2017 for AED 2,060,000 (AED 1,760 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 May 2017.

Questions about 1507, Murjan Tower

What did unit 1507 last sell for?

AED 2,060,000 on 29 May 2017: AED 1,760 per sqft for 1,170 sqft. The unit has 2 registered sales; the first was AED 838,000 in January 2014.

How big is unit 1507?

1,170 sqft (108.7 sqm): a one-bedroom apartment on the 15th floor of a 37-storey tower completed in 2004.

What is unit 1507 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 1507, Murjan Tower

Starts from the last sale price (AED 2.06M, 29 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,060,000
Deposit, UAE resident (20%)
AED 412,000
Deposit, non-resident (40%)
AED 824,000
Monthly over 25 years at 3.7%
AED 8,428

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