1603, Murjan Tower
Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Murjan Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 2 August 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,755 sqft
- Floor
- 16th of 37
- Parking
- 2438 , 2439
- Developer
- Emaar
- Completed
- 2004
- Service charge
- AED 41,100 /yr
- Last sold
- AED 4.5M · August 2023
- Building
- Murjan Tower
About 1603, Murjan Tower
1603 is a three-bedroom apartment of 2,755 sqft on the 16th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 2 August 2023 for AED 4,500,000, or AED 1,633 per sqft, 4% above the AED 1,577 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 November 2022, is AED 155,000 a year: a gross yield of 3.4% on the 2023 price, before the service charge of about AED 41,100 a year.
Sales and rents for 1603 over time
1603 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Murjan Tower, and where 1603 sits
All 68 3-beds →1603 last sold in August 2023 at AED 1,633 per sqft, 4% above what three-beds in Murjan Tower were fetching at the time (AED 1,577). Over the last 12 months three-beds sold for AED 4,800,000 to 5,650,000, around AED 2,306 per sqft, and rent for AED 150,000 to 450,000 a year. 1603's AED 155,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Feb 202627 February 2026 | 2,350 sqft | 5,650,000 | 2,403 | ||
| 20 Feb 202620 February 2026 | 2,081 sqft | 4,800,000 | 2,306 | ||
| 15 Jan 202615 January 2026 | 2,396 sqft | 5,200,000 | 2,170 | ||
| 30 Apr 202530 April 2025 | 2,350 sqft | 7,500,000 | 3,190 |
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 16th floor
All 278 units in Murjan Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,695 sqft | AED 3MAED 3,000,000 · May 2012May 2012 | 233,000 /yr | |
| 1602 | 1-bed | 1,173 sqft | AED 2.45MAED 2,450,000 · Nov 2025November 2025 | 130,000 /yr | |
| 1605 | 1-bed | 1,185 sqft | AED 2MAED 2,000,000 · Jul 2013July 2013 | 110,000 /yr | |
| 1606 | 2-bed | 1,570 sqft | AED 2.2MAED 2,200,000 · Aug 2021August 2021 | 115,000 /yr | |
| 1607 | 1-bed | 1,170 sqft | AED 1.5MAED 1,500,000 · Feb 2022February 2022 | 100,000 /yr | |
| 1608 | 2-bed | 1,695 sqft | AED 3.87MAED 3,870,000 · Jan 2016January 2016 | ||
| 1609 | 1-bed | 1,525 sqft | AED 3.2MAED 3,200,000 · Jul 2023July 2023 | 120,000 /yr |
1603, Murjan Tower in numbers
- Sold twice: first on 27 August 2008 for AED 2,133,888, last on 2 August 2023 for AED 4,500,000 (AED 1,633 per sqft).
- Rented since October 2013 on 9 Ejari contracts, from AED 112,800 to AED 155,000 a year.
- At AED 155,000 a year the gross yield on the 2023 price is 3.4%, before a service charge of about AED 41,100 a year (AED 14.90 per sqft).
- Three-beds in Murjan Tower sold for AED 4,800,000–5,650,000 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 2 August 2023.
Questions about 1603, Murjan Tower
What did unit 1603 last sell for?
AED 4,500,000 on 2 August 2023: AED 1,633 per sqft for 2,755 sqft. The unit has 2 registered sales; the first was AED 2,133,888 in August 2008.
What is the rent for unit 1603?
AED 155,000 a year on the contract renewed on 15 November 2022. The previous contract, from November 2021, was AED 141,750; the unit has been rented since October 2013.
How big is unit 1603?
2,755 sqft (255.9 sqm): a three-bedroom apartment on the 16th floor of a 37-storey tower completed in 2004.
What is unit 1603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Murjan Tower sold for AED 4,800,000 to 5,650,000 in the last 12 months, around AED 2,306 per sqft.
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Mortgage on 1603, Murjan Tower
Starts from the last sale price (AED 4.5M, 2 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,500,000
- Deposit, UAE resident (20%)
- AED 900,000
- Deposit, non-resident (40%)
- AED 1,800,000
- Monthly over 25 years at 3.7%
- AED 18,411
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →