2-bed · 1,570 sqftMurjan Tower, Dubai Marina · 3rd floor · completed 2004

303, Murjan Tower

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 12 March 2023
Last soldAED 2.08M28 June 2010
Current rentAED 122K /yr12 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Murjan Tower

What is 303 worth today?

Last sold for AED 2,080,000 in 2010

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12 Mar 2023RentedNew contract
AED 122,100/yr12 months · AED 78 per sqft
13 Mar 2021RentedRenewal
AED 110,000/yr12 months · AED 70 per sqft
13 Mar 2020RentedRenewal
AED 125,000/yr12 months · AED 80 per sqft
13 Mar 2019RentedRenewal
AED 125,000/yr12 months · AED 80 per sqft
14 Mar 2018RentedNew contract
AED 148,000/yr12 months · AED 94 per sqft
14 Mar 2017RentedNew contract
AED 155,000/yr12 months · AED 99 per sqft
27 Feb 2016RentedRenewal
AED 180,000/yr12 months · AED 115 per sqft
27 Feb 2015RentedNew contract
AED 180,000/yr12 months · AED 115 per sqft

Source: Dubai Land Department. Updated 12 March 2023.

Key facts

Type
2-bed apartment
Size
1,570 sqft
Floor
3rd of 37
Parking
2136
Developer
Emaar
Completed
2004
Service charge
AED 23,400 /yr
Last sold
AED 2.08M · June 2010
Building
Murjan Tower

About 303, Murjan Tower

303 is a two-bedroom apartment of 1,570 sqft on the 3rd floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 28 June 2010 for AED 2,080,000, or AED 1,324 per sqft, 81% above the AED 732 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 12 March 2023, is AED 122,100 a year: a gross yield of 5.9% on the 2010 price, before the service charge of about AED 23,400 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical two-bed in Murjan Tower
2M4M2008201320182023Typical sale price by year: 2008 AED 1,500,000; 2009 AED 1,207,782; 2010 AED 1,199,500; 2011 AED 1,196,727; 2012 AED 1,970,700; 2013 AED 2,700,000; 2014 AED 2,800,000; 2015 AED 3,250,000; 2016 AED 2,875,000; 2017 AED 2,800,000; 2019 AED 2,150,000; 2021 AED 2,400,000; 2022 AED 2,400,000; 2023 AED 2,650,000; 2024 AED 3,150,000; 2025 AED 3,150,000; 2026 AED 4,500,000Sold by developer, June 2010: AED 2,080,000 (AED 1,324 per sqft)

303 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 303, each contractTypical two-bed in Murjan Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 145,000; 2013 AED 175,000; 2014 AED 190,000; 2015 AED 190,000; 2016 AED 195,000; 2017 AED 190,000; 2018 AED 160,000; 2019 AED 144,163; 2020 AED 125,000; 2021 AED 120,000; 2022 AED 133,500; 2023 AED 157,000; 2024 AED 175,000; 2025 AED 180,000; 2026 AED 182,500New contract, February 2013: AED 170,000 a yearNew contract, February 2014: AED 170,000 a yearNew contract, February 2015: AED 180,000 a yearRenewal, February 2016: AED 180,000 a yearNew contract, March 2017: AED 155,000 a yearNew contract, March 2018: AED 148,000 a yearRenewal, March 2019: AED 125,000 a yearRenewal, March 2020: AED 125,000 a yearRenewal, March 2021: AED 110,000 a yearNew contract, March 2023: AED 122,100 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Murjan Tower, and where 303 sits

All 102 2-beds →

303 last sold in June 2010 at AED 1,324 per sqft, 81% above what two-beds in Murjan Tower were fetching at the time (AED 732). Over the last 12 months two-beds sold for AED 3,900,000 to 4,750,000, around AED 2,648 per sqft, and rent for AED 115,000 to 244,125 a year. 303's AED 122,100 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20263,900,000
14 Oct 20264,500,000
4 Feb 20264,750,000
27 Oct 20253,150,000
3 2-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 3rd floor

All 278 units in Murjan Tower
Value
3012-bedAED 1.24M · Jul 2008
3021-bedAED 811K · Jun 2016
3041-bedAED 945K · Nov 2011
3051-bedAED 2M · Aug 2008
3062-bedAED 1.2M · Jul 2010
3071-bedAED 796K · May 2009
3082-bedAED 1.59M · Nov 2020
1–7 of 8

303, Murjan Tower in numbers

  • Sold once: by Emaar on 28 June 2010 for AED 2,080,000, or AED 1,324 per sqft.
  • Rented since February 2013 on 10 Ejari contracts. The rent fell from AED 170,000 to AED 110,000 in 2021 and recovered to AED 122,100 by March 2023.
  • At AED 122,100 a year the gross yield on the 2010 price is 5.9%, before a service charge of about AED 23,400 a year (AED 14.90 per sqft).
  • Two-beds in Murjan Tower sold for AED 3,900,000–4,750,000 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 12 March 2023.

Questions about 303, Murjan Tower

What did unit 303 last sell for?

AED 2,080,000 on 28 June 2010, sold by the developer: AED 1,324 per sqft for 1,570 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 122,100 a year on the contract signed on 12 March 2023. The previous contract, from March 2021, was AED 110,000; the unit has been rented since February 2013.

How big is unit 303?

1,570 sqft (145.9 sqm): a two-bedroom apartment on the 3rd floor of a 37-storey tower completed in 2004.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Murjan Tower sold for AED 3,900,000 to 4,750,000 in the last 12 months, around AED 2,648 per sqft.

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Mortgage on 303, Murjan Tower

Starts from the last sale price (AED 2.08M, 28 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,080,000
Deposit, UAE resident (20%)
AED 416,000
Deposit, non-resident (40%)
AED 832,000
Monthly over 25 years at 3.7%
AED 8,510

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