1-bed · 1,025 sqftMurjan Tower, Dubai Marina · 32nd floor · completed 2004

3202, Murjan Tower

Sold prices and rental history: sold twice, last in November 2014, and rented once, from August 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3202 · DLD and Ejari recordsUpdated 27 November 2014
Last soldAED 2M27 November 2014
Current rentAED 45K /yr1 August 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3202, Murjan Tower

What is 3202 worth today?

Last sold for AED 2,000,000 in 2014

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27 Nov 2014SoldReady
AED 2,000,000AED 1,951 per sqft
1 Aug 2013RentedNew contract
AED 45,000/yr12 months · AED 44 per sqft
3 Nov 2009Sold by developerReady
AED 788,000AED 768 per sqft

Source: Dubai Land Department. Updated 27 November 2014.

Key facts

Type
1-bed apartment
Size
1,025 sqft
Floor
32nd of 37
Parking
87
Developer
Emaar
Completed
2004
Service charge
AED 15,300 /yr
Last sold
AED 2M · November 2014
Building
Murjan Tower

About 3202, Murjan Tower

3202 is a one-bedroom apartment of 1,025 sqft on the 32nd floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 27 November 2014 for AED 2,000,000, or AED 1,951 per sqft, 7% above the AED 1,830 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2013. The current contract, signed on 1 August 2013, is AED 45,000 a year: a gross yield of 2.3% on the 2014 price, before the service charge of about AED 15,300 a year.

Sales and rents for 3202 over time

Sales
Unit 3202, each saleTypical one-bed in Murjan Tower
1M2M2008201320182023Typical sale price by year: 2008 AED 1,185,000; 2009 AED 889,889; 2010 AED 1,015,000; 2011 AED 1,209,125; 2012 AED 1,300,000; 2013 AED 1,750,000; 2014 AED 2,400,000; 2015 AED 1,242,250; 2016 AED 1,600,000; 2017 AED 1,920,000; 2018 AED 1,850,000; 2019 AED 1,000,000; 2021 AED 1,550,000; 2022 AED 1,600,000; 2023 AED 2,335,000; 2024 AED 2,350,000; 2025 AED 2,350,000; 2026 AED 2,365,036Sold by developer, November 2009: AED 788,000 (AED 768 per sqft)Sold, November 2014: AED 2,000,000 (AED 1,951 per sqft)

3202 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3202, each contractTypical one-bed in Murjan Tower
50K100K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 127,500; 2015 AED 130,000; 2016 AED 125,000; 2017 AED 120,000; 2018 AED 105,000; 2019 AED 95,000; 2020 AED 85,000; 2021 AED 81,000; 2022 AED 90,000; 2023 AED 108,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 122,500New contract, August 2013: AED 45,000 a year

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

1-beds in Murjan Tower, and where 3202 sits

All 106 1-beds →

3202 last sold in November 2014 at AED 1,951 per sqft, 7% above what one-beds in Murjan Tower were fetching at the time (AED 1,830). Over the last 12 months one-beds sold for AED 2,000,000 to 3,600,000, around AED 2,089 per sqft, and rent for AED 50,000 to 260,000 a year. 3202's AED 45,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jul 20262,450,000
14 May 20262,000,000
27 Feb 20263,600,000
25 Feb 20262,280,071
5 1-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 32nd floor

All 278 units in Murjan Tower
Value
32013-bedAED 1.56M · Aug 2008
32033-bedAED 5.2M · Feb 2014
32043-bedAED 1.5M · Mar 2012
32051-bedAED 2.5M · Oct 2025
32063-bedAED 6M · Mar 2014

3202, Murjan Tower in numbers

  • Sold twice: first on 3 November 2009 for AED 788,000, last on 27 November 2014 for AED 2,000,000 (AED 1,951 per sqft).
  • Rented since August 2013 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2014 price is 2.3%, before a service charge of about AED 15,300 a year (AED 14.90 per sqft).
  • One-beds in Murjan Tower sold for AED 2,000,000–3,600,000 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 27 November 2014.

Questions about 3202, Murjan Tower

What did unit 3202 last sell for?

AED 2,000,000 on 27 November 2014: AED 1,951 per sqft for 1,025 sqft. The unit has 2 registered sales; the first was AED 788,000 in November 2009.

What is the rent for unit 3202?

AED 45,000 a year on the contract signed on 1 August 2013.

How big is unit 3202?

1,025 sqft (95.2 sqm): a one-bedroom apartment on the 32nd floor of a 37-storey tower completed in 2004.

What is unit 3202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Murjan Tower sold for AED 2,000,000 to 3,600,000 in the last 12 months, around AED 2,089 per sqft.

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Mortgage on 3202, Murjan Tower

Starts from the last sale price (AED 2M, 27 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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