1-bed · 1,525 sqftMurjan Tower, Dubai Marina · 16th floor · completed 2004

1609, Murjan Tower

Sold prices and rental history: sold 3 times, last in July 2023, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 6 July 2023
Last soldAED 3.2M6 July 2023
Current rentAED 120K /yr29 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1609, Murjan Tower

What is 1609 worth today?

Last sold for AED 3,200,000 in 2023

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6 Jul 2023SoldReady
AED 3,200,000AED 2,098 per sqft
29 Aug 2022RentedRenewal
AED 120,000/yr12 months · AED 79 per sqft
29 Aug 2021RentedNew contract
AED 110,000/yr12 months · AED 72 per sqft
1 Jul 2014RentedNew contract
AED 152,250/yr12 months · AED 100 per sqft
3 Mar 2010Sold by developerReady
AED 1,750,000AED 1,147 per sqft
3 Mar 2010SoldReady
AED 1,673,000AED 1,097 per sqft

Source: Dubai Land Department. Updated 6 July 2023.

Key facts

Type
1-bed apartment
Size
1,525 sqft
Floor
16th of 37
Parking
2436
Developer
Emaar
Completed
2004
Service charge
AED 22,700 /yr
Last sold
AED 3.2M · July 2023
Building
Murjan Tower

About 1609, Murjan Tower

1609 is a one-bedroom apartment of 1,525 sqft on the 16th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 6 July 2023 for AED 3,200,000, or AED 2,098 per sqft, 37% above the AED 1,531 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 29 August 2022, is AED 120,000 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 22,700 a year.

Sales and rents for 1609 over time

Sales
Unit 1609, each saleTypical one-bed in Murjan Tower
2M2008201320182023Typical 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, March 2010: AED 1,750,000 (AED 1,147 per sqft)Sold, March 2010: AED 1,673,000 (AED 1,097 per sqft)Sold, July 2023: AED 3,200,000 (AED 2,098 per sqft)

1609 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1609, each contractTypical one-bed in Murjan Tower
100K150K2012201620202024Typical 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, July 2014: AED 152,250 a yearNew contract, August 2021: AED 110,000 a yearRenewal, August 2022: AED 120,000 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 1609 sits

All 106 1-beds →

1609 last sold in July 2023 at AED 2,098 per sqft, 37% above what one-beds in Murjan Tower were fetching at the time (AED 1,531). 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. 1609's AED 120,000 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
16071-bedAED 1.5M · Feb 2022
16082-bedAED 3.87M · Jan 2016

1609, Murjan Tower in numbers

  • Sold 3 times: first on 3 March 2010 for AED 1,673,000, last on 6 July 2023 for AED 3,200,000 (AED 2,098 per sqft).
  • Rented since July 2014 on 3 Ejari contracts, from AED 152,250 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 22,700 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 6 July 2023.

Questions about 1609, Murjan Tower

What did unit 1609 last sell for?

AED 3,200,000 on 6 July 2023: AED 2,098 per sqft for 1,525 sqft. The unit has 3 registered sales; the first was AED 1,673,000 in March 2010.

What is the rent for unit 1609?

AED 120,000 a year on the contract renewed on 29 August 2022. The previous contract, from August 2021, was AED 110,000; the unit has been rented since July 2014.

How big is unit 1609?

1,525 sqft (141.7 sqm): a one-bedroom apartment on the 16th floor of a 37-storey tower completed in 2004.

What is unit 1609 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 1609, Murjan Tower

Starts from the last sale price (AED 3.2M, 6 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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