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3-bed · 2,345 sqftMurjan Tower, Dubai Marina · 27th floor · completed 2004

2706, Murjan Tower

Sold prices and rental history: sold twice, last in September 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2706 · DLD and Ejari recordsUpdated 26 September 2021
Last soldAED 4.45M26 September 2021
Current rentAED 160K /yr21 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2706, Murjan Tower

What is 2706 worth today?

Last sold for AED 4,450,000 in 2021

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26 Sep 2021SoldReady
AED 4,450,000AED 1,897 per sqft
21 Feb 2020RentedRenewal
AED 160,000/yr14 months · AED 68 per sqft
21 Feb 2019RentedRenewal
AED 185,000/yr12 months · AED 79 per sqft
21 Feb 2018RentedRenewal
AED 185,000/yr12 months · AED 79 per sqft
21 Feb 2017RentedNew contract
AED 200,000/yr12 months · AED 85 per sqft
1 May 2015RentedNew contract
AED 250,000/yr12 months · AED 107 per sqft
15 Apr 2014RentedNew contract
AED 242,550/yr6 months · AED 103 per sqft
19 Aug 2009Sold by developerReady
AED 951,000AED 405 per sqft

Source: Dubai Land Department. Updated 26 September 2021.

Key facts

Type
3-bed apartment
Size
2,345 sqft
Floor
27th of 37
Parking
2038 , 2039
Developer
Emaar
Completed
2004
Service charge
AED 34,900 /yr
Last sold
AED 4.45M · September 2021
Building
Murjan Tower

About 2706, Murjan Tower

2706 is a three-bedroom apartment of 2,345 sqft on the 27th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 26 September 2021 for AED 4,450,000, or AED 1,897 per sqft, 29% above the AED 1,474 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 21 February 2020, is AED 160,000 a year: a gross yield of 3.6% on the 2021 price, before the service charge of about AED 34,900 a year.

Sales and rents for 2706 over time

Sales
Unit 2706, 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, August 2009: AED 951,000 (AED 405 per sqft)Sold, September 2021: AED 4,450,000 (AED 1,897 per sqft)

2706 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2706, 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, April 2014: AED 242,550 a yearNew contract, May 2015: AED 250,000 a yearNew contract, February 2017: AED 200,000 a yearRenewal, February 2018: AED 185,000 a yearRenewal, February 2019: AED 185,000 a yearRenewal, February 2020: AED 160,000 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 2706 sits

All 68 3-beds →

2706 last sold in September 2021 at AED 1,897 per sqft, 29% above what three-beds in Murjan Tower were fetching at the time (AED 1,474). 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. 2706's AED 160,000 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
27043-bedAED 4.55M · Jul 2024
27052-bedAED 2.45M · Jun 2022

2706, Murjan Tower in numbers

  • Sold twice: first on 19 August 2009 for AED 951,000, last on 26 September 2021 for AED 4,450,000 (AED 1,897 per sqft).
  • Rented since April 2014 on 6 Ejari contracts, from AED 242,550 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2021 price is 3.6%, 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 26 September 2021.

Questions about 2706, Murjan Tower

What did unit 2706 last sell for?

AED 4,450,000 on 26 September 2021: AED 1,897 per sqft for 2,345 sqft. The unit has 2 registered sales; the first was AED 951,000 in August 2009.

What is the rent for unit 2706?

AED 160,000 a year on the contract renewed on 21 February 2020. The previous contract, from February 2019, was AED 185,000; the unit has been rented since April 2014.

How big is unit 2706?

2,345 sqft (217.9 sqm): a three-bedroom apartment on the 27th floor of a 37-storey tower completed in 2004.

What is unit 2706 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 2706, Murjan Tower

Starts from the last sale price (AED 4.45M, 26 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,450,000
Deposit, UAE resident (20%)
AED 890,000
Deposit, non-resident (40%)
AED 1,780,000
Monthly over 25 years at 3.7%
AED 18,206

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