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3-bed · 2,396 sqftMurjan Tower, Dubai Marina · 27th floor · completed 2004

2704, Murjan Tower

Sold prices and rental history: sold 3 times, last in July 2024, and rented once, from August 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 29 July 2024
Last soldAED 4.55M29 July 2024
Current rentAED 229K /yr15 August 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2704, Murjan Tower

What is 2704 worth today?

Last sold for AED 4,550,000 in 2024

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29 Jul 2024SoldReady
AED 4,550,000AED 1,899 per sqft
1 Jul 2019SoldReady
AED 2,550,000AED 1,066 per sqft
15 Aug 2013RentedNew contract
AED 229,000/yr12 months · AED 96 per sqft
24 Jan 2011Sold by developerReady
AED 869,625AED 363 per sqft

Source: Dubai Land Department. Updated 29 July 2024.

Key facts

Type
3-bed apartment
Size
2,396 sqft
Floor
27th of 37
Parking
P2-2075,P2-2076
Developer
Emaar
Completed
2004
Service charge
AED 35,700 /yr
Last sold
AED 4.55M · July 2024
Building
Murjan Tower

About 2704, Murjan Tower

2704 is a three-bedroom apartment of 2,396 sqft on the 27th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 29 July 2024 for AED 4,550,000, or AED 1,899 per sqft, 3% above the AED 1,837 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2013. The current contract, signed on 15 August 2013, is AED 229,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 35,700 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, each saleTypical three-bed in Murjan Tower
05M2008201320182023Typical 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 869,625 (AED 363 per sqft)Sold, July 2019: AED 2,550,000 (AED 1,066 per sqft)Sold, July 2024: AED 4,550,000 (AED 1,899 per sqft)

2704 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2704, 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, August 2013: AED 229,000 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 2704 sits

All 68 3-beds →

2704 last sold in July 2024 at AED 1,899 per sqft, 3% above what three-beds in Murjan Tower were fetching at the time (AED 1,837). 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. 2704's AED 229,000 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 27th floor

All 278 units in Murjan Tower
Value
27013-bedAED 1.77M · Mar 2009
27022-bedAED 1.14M · Mar 2009
27033-bedAED 3.56M · Apr 2008
27052-bedAED 2.45M · Jun 2022
27063-bedAED 4.45M · Sep 2021

2704, Murjan Tower in numbers

  • Sold 3 times: first on 24 January 2011 for AED 869,625, last on 29 July 2024 for AED 4,550,000 (AED 1,899 per sqft).
  • Rented since August 2013 on one Ejari contract, at AED 229,000 a year.
  • At AED 229,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 35,700 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 29 July 2024.

Questions about 2704, Murjan Tower

What did unit 2704 last sell for?

AED 4,550,000 on 29 July 2024: AED 1,899 per sqft for 2,396 sqft. The unit has 3 registered sales; the first was AED 869,625 in January 2011.

What is the rent for unit 2704?

AED 229,000 a year on the contract signed on 15 August 2013.

How big is unit 2704?

2,396 sqft (222.6 sqm): a three-bedroom apartment on the 27th floor of a 37-storey tower completed in 2004.

What is unit 2704 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 2704, Murjan Tower

Starts from the last sale price (AED 4.55M, 29 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,550,000
Deposit, UAE resident (20%)
AED 910,000
Deposit, non-resident (40%)
AED 1,820,000
Monthly over 25 years at 3.7%
AED 18,615

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