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3-bed · 2,495 sqftMurjan Tower, Dubai Marina · 2nd floor · completed 2004

204, Murjan Tower

Sold prices and rental history: sold twice, last in October 2013, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 1 January 2014
Last soldAED 3.95M23 October 2013
Current rentAED 188K /yr1 January 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 204, Murjan Tower

What is 204 worth today?

Last sold for AED 3,950,000 in 2013

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1 Jan 2014RentedNew contract
AED 187,864/yr6 months · AED 75 per sqft
23 Oct 2013SoldReady
AED 3,950,000AED 1,583 per sqft
25 Dec 2012RentedNew contract
AED 190,000/yr12 months · AED 76 per sqft
12 Jul 2010Sold by developerReady
AED 1,641,000AED 657 per sqft

Source: Dubai Land Department. Updated 1 January 2014.

Key facts

Type
3-bed apartment
Size
2,495 sqft
Floor
2nd of 37
Parking
2137 , 2138
Developer
Emaar
Completed
2004
Service charge
AED 37,200 /yr
Last sold
AED 3.95M · October 2013
Building
Murjan Tower

About 204, Murjan Tower

204 is a three-bedroom apartment of 2,495 sqft on the 2nd floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 23 October 2013 for AED 3,950,000, or AED 1,583 per sqft, 5% above the AED 1,506 three-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 1 January 2014, is AED 187,864 a year: a gross yield of 4.8% on the 2013 price, before the service charge of about AED 37,200 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical three-bed in Murjan Tower
2.5M5M7.5M2008201320182023Typical sale price by year: 2008 AED 1,759,500; 2009 AED 2,044,000; 2010 AED 3,275,000; 2011 AED 1,910,592; 2012 AED 1,808,000; 2013 AED 3,900,000; 2014 AED 5,200,000; 2015 AED 2,417,125; 2016 AED 3,700,000; 2017 AED 3,600,000; 2019 AED 2,700,000; 2021 AED 4,350,000; 2022 AED 3,500,000; 2023 AED 4,800,000; 2024 AED 4,725,000; 2025 AED 6,715,000; 2026 AED 5,200,000Sold by developer, July 2010: AED 1,641,000 (AED 657 per sqft)Sold, October 2013: AED 3,950,000 (AED 1,583 per sqft)

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

Rents
Unit 204, each contractTypical three-bed in Murjan Tower
150K200K250K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 229,000; 2014 AED 230,000; 2015 AED 245,000; 2016 AED 222,000; 2017 AED 212,926; 2018 AED 209,738; 2019 AED 196,500; 2020 AED 160,000; 2021 AED 155,000; 2022 AED 186,500; 2023 AED 200,000; 2024 AED 220,000; 2025 AED 225,000; 2026 AED 240,675New contract, December 2012: AED 190,000 a yearNew contract, January 2014: AED 187,864 a year

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 204 sits

All 68 3-beds →

204 last sold in October 2013 at AED 1,583 per sqft, 5% above what three-beds in Murjan Tower were fetching at the time (AED 1,506). 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. 204's AED 187,864 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Feb 20265,650,000
20 Feb 20264,800,000
15 Jan 20265,200,000
30 Apr 20257,500,000
3 3-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 2nd floor

All 278 units in Murjan Tower
Value
2012-bedAED 2.22M · Mar 2011
2022-bedAED 1.1M · Feb 2009
2033-bedAED 1.72M · Jul 2008
2052-bedAED 1.07M · Oct 2010
2062-bedAED 1.09M · Jul 2010
2071-bedAED 1.95M · Sep 2017

204, Murjan Tower in numbers

  • Sold twice: first on 12 July 2010 for AED 1,641,000, last on 23 October 2013 for AED 3,950,000 (AED 1,583 per sqft).
  • Rented since December 2012 on 2 Ejari contracts, from AED 190,000 to AED 187,864 a year.
  • At AED 187,864 a year the gross yield on the 2013 price is 4.8%, before a service charge of about AED 37,200 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 1 January 2014.

Questions about 204, Murjan Tower

What did unit 204 last sell for?

AED 3,950,000 on 23 October 2013: AED 1,583 per sqft for 2,495 sqft. The unit has 2 registered sales; the first was AED 1,641,000 in July 2010.

What is the rent for unit 204?

AED 187,864 a year on the contract signed on 1 January 2014. The previous contract, from December 2012, was AED 190,000.

How big is unit 204?

2,495 sqft (231.8 sqm): a three-bedroom apartment on the 2nd floor of a 37-storey tower completed in 2004.

What is unit 204 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 204, Murjan Tower

Starts from the last sale price (AED 3.95M, 23 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,950,000
Deposit, UAE resident (20%)
AED 790,000
Deposit, non-resident (40%)
AED 1,580,000
Monthly over 25 years at 3.7%
AED 16,161

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