1-bed · 1,170 sqftMurjan Tower, Dubai Marina · 16th floor · completed 2004

1607, Murjan Tower

Sold prices and rental history: sold 3 times, last in February 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 28 February 2022
Last soldAED 1.5M28 February 2022
Current rentAED 100K /yr5 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, Murjan Tower

What is 1607 worth today?

Last sold for AED 1,500,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Feb 2022SoldReady
AED 1,500,000AED 1,282 per sqft
5 Jun 2020RentedRenewal
AED 100,000/yr12 months · AED 85 per sqft
5 Jun 2019RentedRenewal
AED 100,000/yr12 months · AED 85 per sqft
5 Jun 2018RentedNew contract
AED 100,000/yr12 months · AED 85 per sqft
29 Jul 2009Sold by developerReady
AED 1,000,000AED 854 per sqft
29 Jul 2009SoldReady
AED 1,500,000AED 1,282 per sqft

Source: Dubai Land Department. Updated 28 February 2022.

Key facts

Type
1-bed apartment
Size
1,170 sqft
Floor
16th of 37
Parking
2443
Developer
Emaar
Completed
2004
Service charge
AED 17,400 /yr
Last sold
AED 1.5M · February 2022
Building
Murjan Tower

About 1607, Murjan Tower

1607 is a one-bedroom apartment of 1,170 sqft on the 16th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 28 February 2022 for AED 1,500,000, or AED 1,282 per sqft, 3% below the AED 1,325 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 5 June 2020, is AED 100,000 a year: a gross yield of 6.7% on the 2022 price, before the service charge of about AED 17,400 a year.

Sales and rents for 1607 over time

Sales
Unit 1607, 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, July 2009: AED 1,000,000 (AED 854 per sqft)Sold, July 2009: AED 1,500,000 (AED 1,282 per sqft)Sold, February 2022: AED 1,500,000 (AED 1,282 per sqft)

1607 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1607, 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 122,500New contract, June 2018: AED 100,000 a yearRenewal, June 2019: AED 100,000 a yearRenewal, June 2020: AED 100,000 a year

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 1607 sits

All 106 1-beds →

1607 last sold in February 2022 at AED 1,282 per sqft, 3% below what one-beds in Murjan Tower were fetching at the time (AED 1,325). 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. 1607's AED 100,000 is in the lower half of that range.

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 16th floor

All 278 units in Murjan Tower
Value
16012-bedAED 3M · May 2012
16021-bedAED 2.45M · Nov 2025
16033-bedAED 4.5M · Aug 2023
16051-bedAED 2M · Jul 2013
16062-bedAED 2.2M · Aug 2021
16082-bedAED 3.87M · Jan 2016
16091-bedAED 3.2M · Jul 2023

1607, Murjan Tower in numbers

  • Sold 3 times: first on 29 July 2009 for AED 1,500,000, last on 28 February 2022 for AED 1,500,000 (AED 1,282 per sqft).
  • Rented since June 2018 on 3 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 6.7%, before a service charge of about AED 17,400 a year (AED 14.90 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 28 February 2022.

Questions about 1607, Murjan Tower

What did unit 1607 last sell for?

AED 1,500,000 on 28 February 2022: AED 1,282 per sqft for 1,170 sqft. The unit has 3 registered sales; the first was AED 1,500,000 in July 2009.

What is the rent for unit 1607?

AED 100,000 a year on the contract renewed on 5 June 2020. The previous contract, from June 2019, was AED 100,000; the unit has been rented since June 2018.

How big is unit 1607?

1,170 sqft (108.7 sqm): a one-bedroom apartment on the 16th floor of a 37-storey tower completed in 2004.

What is unit 1607 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.

Selling 1607? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1607, Murjan Tower

Starts from the last sale price (AED 1.5M, 28 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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