306, Murjan Tower
Sold prices and rental history: sold twice, last in July 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Murjan Tower
What is 306 worth today?
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Source: Dubai Land Department. Updated 17 January 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,570 sqft
- Floor
- 3rd of 37
- Parking
- 2135
- Developer
- Emaar
- Completed
- 2004
- Service charge
- AED 23,400 /yr
- Last sold
- AED 1.06M · July 2010
- Building
- Murjan Tower
About 306, Murjan Tower
306 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 11 July 2010 for AED 1,061,000, or AED 675 per sqft, 8% below the AED 732 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 17 January 2024, is AED 165,850 a year: a gross yield of 15.6% on the 2010 price, before the service charge of about AED 23,400 a year.
Sales and rents for 306 over time
306 has sold twice; the dashed line is the two-bed median of each year in the building.
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 306 sits
All 102 2-beds →306 last sold in July 2010 at AED 675 per sqft, 8% below 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. 306's AED 165,850 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 1,514 sqft | 3,900,000 | 2,576 | ||
| 14 Oct 202614 October 2026 | 1,699 sqft | 4,500,000 | 2,648 | ||
| 4 Feb 20264 February 2026 | 1,699 sqft | 4,750,000 | 2,795 | ||
| 27 Oct 202527 October 2025 | 1,609 sqft | 3,150,000 | 1,958 |
Murjan Tower
Building278 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%
Other units on the 3rd floor
All 278 units in Murjan Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,695 sqft | AED 1.24MAED 1,242,000 · Jul 2008July 2008 | 130,000 /yr | |
| 302 | 1-bed | 1,170 sqft | AED 811KAED 811,000 · Jun 2016June 2016 | 91,080 /yr | |
| 303 | 2-bed | 1,570 sqft | AED 2.08MAED 2,080,000 · Jun 2010June 2010 | 122,100 /yr | |
| 304 | 1-bed | 1,185 sqft | AED 945KAED 945,000 · Nov 2011November 2011 | 99,015 /yr | |
| 305 | 1-bed | 1,185 sqft | AED 2MAED 2,000,000 · Aug 2008August 2008 | 93,000 /yr | |
| 307 | 1-bed | 1,170 sqft | AED 796KAED 796,000 · May 2009May 2009 | 99,446 /yr | |
| 308 | 2-bed | 1,695 sqft | AED 1.59MAED 1,593,368 · Nov 2020November 2020 | 175,000 /yr | |
| 309 | 1-bed | 1,525 sqft | AED 915KAED 915,400 · Mar 2011March 2011 | 159,429 /yr |
306, Murjan Tower in numbers
- Sold twice: first on 11 July 2010 for AED 1,200,000, last on 11 July 2010 for AED 1,061,000 (AED 675 per sqft).
- Rented since September 2014 on 10 Ejari contracts. The rent fell from AED 147,000 to AED 100,000 in 2021 and recovered to AED 165,850 by January 2024.
- At AED 165,850 a year the gross yield on the 2010 price is 15.6%, 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 17 January 2024.
Questions about 306, Murjan Tower
What did unit 306 last sell for?
AED 1,061,000 on 11 July 2010, sold by the developer: AED 675 per sqft for 1,570 sqft. The unit has 2 registered sales; the first was AED 1,200,000 in July 2010.
What is the rent for unit 306?
AED 165,850 a year on the contract renewed on 17 January 2024. The previous contract, from January 2024, was AED 165,850; the unit has been rented since September 2014.
How big is unit 306?
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 306 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 306, Murjan Tower
Starts from the last sale price (AED 1.06M, 11 July 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,061,000
- Deposit, UAE resident (20%)
- AED 212,200
- Deposit, non-resident (40%)
- AED 424,400
- Monthly over 25 years at 3.7%
- AED 4,341
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →