3-bed · 2,345 sqftMurjan Tower, Dubai Marina · 28th floor · completed 2004

2801, Murjan Tower

Sold prices and rental history: sold twice, last in May 2019, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2801 · DLD and Ejari recordsUpdated 13 May 2019
Last soldAED 3.1M13 May 2019
Current rentAED 233K /yr25 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2801, Murjan Tower

What is 2801 worth today?

Last sold for AED 3,100,000 in 2019

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13 May 2019SoldReady
AED 3,100,000AED 1,321 per sqft
25 Sep 2017RentedRenewal
AED 232,500/yr12 months · AED 99 per sqft
25 Sep 2016RentedNew contract
AED 250,000/yr12 months · AED 107 per sqft
20 Oct 2015RentedNew contract
AED 270,000/yr12 months · AED 115 per sqft
29 Feb 2012Sold by developerReady
AED 4,429,000AED 1,888 per sqft

Source: Dubai Land Department. Updated 13 May 2019.

Key facts

Type
3-bed apartment
Size
2,345 sqft
Floor
28th of 37
Parking
2036 , 2037
Developer
Emaar
Completed
2004
Service charge
AED 34,900 /yr
Last sold
AED 3.1M · May 2019
Building
Murjan Tower

About 2801, Murjan Tower

2801 is a three-bedroom apartment of 2,345 sqft on the 28th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 13 May 2019 for AED 3,100,000, or AED 1,321 per sqft, 14% above the AED 1,157 three-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 25 September 2017, is AED 232,500 a year: a gross yield of 7.5% on the 2019 price, before the service charge of about AED 34,900 a year.

Sales and rents for 2801 over time

Sales
Unit 2801, 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, February 2012: AED 4,429,000 (AED 1,888 per sqft)Sold, May 2019: AED 3,100,000 (AED 1,321 per sqft)

2801 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2801, each contractTypical three-bed in Murjan Tower
200K2012201620202024Typical 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, October 2015: AED 270,000 a yearNew contract, September 2016: AED 250,000 a yearRenewal, September 2017: AED 232,500 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 2801 sits

All 68 3-beds →

2801 last sold in May 2019 at AED 1,321 per sqft, 14% above what three-beds in Murjan Tower were fetching at the time (AED 1,157). 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. 2801's AED 232,500 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 28th floor

All 278 units in Murjan Tower
Value
28022-bedAED 1.11M · Nov 2014
28033-bedAED 1.83M · Jun 2015
28043-bedAED 1.7M · May 2008
28052-bedAED 1.12M · Mar 2009
28063-bedAED 2.7M · Jan 2021

2801, Murjan Tower in numbers

  • Sold twice: first on 29 February 2012 for AED 4,429,000, last on 13 May 2019 for AED 3,100,000 (AED 1,321 per sqft).
  • Rented since October 2015 on 3 Ejari contracts, from AED 270,000 to AED 232,500 a year.
  • At AED 232,500 a year the gross yield on the 2019 price is 7.5%, 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 May 2019.

Questions about 2801, Murjan Tower

What did unit 2801 last sell for?

AED 3,100,000 on 13 May 2019: AED 1,321 per sqft for 2,345 sqft. The unit has 2 registered sales; the first was AED 4,429,000 in February 2012.

What is the rent for unit 2801?

AED 232,500 a year on the contract renewed on 25 September 2017. The previous contract, from September 2016, was AED 250,000; the unit has been rented since October 2015.

How big is unit 2801?

2,345 sqft (217.9 sqm): a three-bedroom apartment on the 28th floor of a 37-storey tower completed in 2004.

What is unit 2801 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 2801, Murjan Tower

Starts from the last sale price (AED 3.1M, 13 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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