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3-bed · 2,345 sqftMurjan Tower, Dubai Marina · 24th floor · completed 2004

2406, Murjan Tower

Sold prices and rental history: sold twice, last in March 2019, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2406 · DLD and Ejari recordsUpdated 13 March 2019
Last soldAED 2.85M13 March 2019
Current rentAED 290K /yr23 June 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2406, Murjan Tower

What is 2406 worth today?

Last sold for AED 2,850,000 in 2019

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13 Mar 2019SoldReady
AED 2,850,000AED 1,215 per sqft
23 Jun 2015RentedNew contract
AED 290,000/yr12 months · AED 124 per sqft
23 Jun 2014RentedNew contract
AED 290,000/yr12 months · AED 124 per sqft
16 Jan 2011Sold by developerReady
AED 1,832,184AED 781 per sqft

Source: Dubai Land Department. Updated 13 March 2019.

Key facts

Type
3-bed apartment
Size
2,345 sqft
Floor
24th of 37
Parking
2120 , 2121
Developer
Emaar
Completed
2004
Service charge
AED 34,900 /yr
Last sold
AED 2.85M · March 2019
Building
Murjan Tower

About 2406, Murjan Tower

2406 is a three-bedroom apartment of 2,345 sqft on the 24th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 13 March 2019 for AED 2,850,000, or AED 1,215 per sqft, 16% above the AED 1,051 three-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 23 June 2015, is AED 290,000 a year: a gross yield of 10.2% on the 2019 price, before the service charge of about AED 34,900 a year.

Sales and rents for 2406 over time

Sales
Unit 2406, 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, January 2011: AED 1,832,184 (AED 781 per sqft)Sold, March 2019: AED 2,850,000 (AED 1,215 per sqft)

2406 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2406, each contractTypical three-bed in Murjan Tower
200K300K2012201620202024Typical 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, June 2014: AED 290,000 a yearNew contract, June 2015: AED 290,000 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 2406 sits

All 68 3-beds →

2406 last sold in March 2019 at AED 1,215 per sqft, 16% above what three-beds in Murjan Tower were fetching at the time (AED 1,051). 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. 2406's AED 290,000 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 24th floor

All 278 units in Murjan Tower
Value
24013-bedAED 4.5M · Sep 2022
24022-bedAED 1.1M · Sep 2010
24033-bedAED 1.71M · Oct 2013
24043-bedAED 5.2M · Jan 2026
24052-bedAED 1.11M · Mar 2009

2406, Murjan Tower in numbers

  • Sold twice: first on 16 January 2011 for AED 1,832,184, last on 13 March 2019 for AED 2,850,000 (AED 1,215 per sqft).
  • Rented since June 2014 on 2 Ejari contracts, at AED 290,000 a year.
  • At AED 290,000 a year the gross yield on the 2019 price is 10.2%, before a service charge of about AED 34,900 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 13 March 2019.

Questions about 2406, Murjan Tower

What did unit 2406 last sell for?

AED 2,850,000 on 13 March 2019: AED 1,215 per sqft for 2,345 sqft. The unit has 2 registered sales; the first was AED 1,832,184 in January 2011.

What is the rent for unit 2406?

AED 290,000 a year on the contract signed on 23 June 2015. The previous contract, from June 2014, was AED 290,000.

How big is unit 2406?

2,345 sqft (217.9 sqm): a three-bedroom apartment on the 24th floor of a 37-storey tower completed in 2004.

What is unit 2406 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 2406, Murjan Tower

Starts from the last sale price (AED 2.85M, 13 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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