1-bed · 1,170 sqftMurjan Tower, Dubai Marina · 20th floor · completed 2004

2002, Murjan Tower

Sold prices and rental history: sold once, by the developer in August 2010, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 15 April 2017
Last soldAED 435K5 August 2010
Current rentAED 145K /yr15 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2002, Murjan Tower

What is 2002 worth today?

Last sold for AED 435,000 in 2010

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15 Apr 2017RentedRenewal
AED 145,000/yr12 months · AED 124 per sqft
15 Apr 2016RentedNew contract
AED 145,000/yr12 months · AED 124 per sqft
5 Aug 2010Sold by developerReady
AED 435,000AED 371 per sqft

Source: Dubai Land Department. Updated 15 April 2017.

Key facts

Type
1-bed apartment
Size
1,170 sqft
Floor
20th of 37
Parking
19
Developer
Emaar
Completed
2004
Service charge
AED 17,400 /yr
Last sold
AED 435K · August 2010
Building
Murjan Tower

About 2002, Murjan Tower

2002 is a one-bedroom apartment of 1,170 sqft on the 20th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 5 August 2010 for AED 435,000, or AED 371 per sqft, 51% below the AED 759 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 15 April 2017, is AED 145,000 a year: a gross yield of 33.3% on the 2010 price, before the service charge of about AED 17,400 a year.

Sales and rents for 2002 over time

Sales
Unit 2002, 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, August 2010: AED 435,000 (AED 371 per sqft)

2002 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2002, 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, April 2016: AED 145,000 a yearRenewal, April 2017: AED 145,000 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 2002 sits

All 106 1-beds →

2002 last sold in August 2010 at AED 371 per sqft, 51% below what one-beds in Murjan Tower were fetching at the time (AED 759). 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. 2002's AED 145,000 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 20th floor

All 278 units in Murjan Tower
Value
20012-bedAED 2.27M · Dec 2010
20033-bedAED 3.8M · Mar 2010
20051-bedAED 818K · Jul 2010
20062-bedAED 1.2M · Oct 2010
20071-bedAED 1.31M · Aug 2011
20082-bedAED 4.5M · Oct 2026
20091-bedAED 1.24M · Jul 2010

2002, Murjan Tower in numbers

  • Sold once: by Emaar on 5 August 2010 for AED 435,000, or AED 371 per sqft.
  • Rented since April 2016 on 2 Ejari contracts, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2010 price is 33.3%, 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 15 April 2017.

Questions about 2002, Murjan Tower

What did unit 2002 last sell for?

AED 435,000 on 5 August 2010, sold by the developer: AED 371 per sqft for 1,170 sqft. It is the only registered sale of the unit.

What is the rent for unit 2002?

AED 145,000 a year on the contract renewed on 15 April 2017. The previous contract, from April 2016, was AED 145,000.

How big is unit 2002?

1,170 sqft (108.7 sqm): a one-bedroom apartment on the 20th floor of a 37-storey tower completed in 2004.

What is unit 2002 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 2002, Murjan Tower

Starts from the last sale price (AED 435K, 5 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 435,000
Deposit, UAE resident (20%)
AED 87,000
Deposit, non-resident (40%)
AED 174,000
Monthly over 25 years at 3.7%
AED 1,780

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