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3-bed · 2,085 sqftMurjan Tower, Dubai Marina · 32nd floor · completed 2004

3206, Murjan Tower

Sold prices and rental history: sold 3 times, last in March 2014, and rented once, from August 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3206 · DLD and Ejari recordsUpdated 13 March 2014
Last soldAED 6M13 March 2014
Current rentAED 220K /yr1 August 2011
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3206, Murjan Tower

What is 3206 worth today?

Last sold for AED 6,000,000 in 2014

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13 Mar 2014SoldReady
AED 6,000,000AED 2,877 per sqft
18 Dec 2012SoldReady
AED 4,000,000AED 1,918 per sqft
1 Aug 2011RentedNew contract
AED 220,000/yr5 months · AED 106 per sqft
3 Mar 2009Sold by developerReady
AED 1,588,000AED 761 per sqft

Source: Dubai Land Department. Updated 13 March 2014.

Key facts

Type
3-bed apartment
Size
2,085 sqft
Floor
32nd of 37
Parking
75 , 76
Developer
Emaar
Completed
2004
Service charge
AED 31,100 /yr
Last sold
AED 6M · March 2014
Building
Murjan Tower

About 3206, Murjan Tower

3206 is a three-bedroom apartment of 2,085 sqft on the 32nd floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 13 March 2014 for AED 6,000,000, or AED 2,877 per sqft, 69% above the AED 1,699 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2011. The current contract, signed on 1 August 2011, is AED 220,000 a year: a gross yield of 3.7% on the 2014 price, before the service charge of about AED 31,100 a year.

Sales and rents for 3206 over time

Sales
Unit 3206, 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, March 2009: AED 1,588,000 (AED 761 per sqft)Sold, December 2012: AED 4,000,000 (AED 1,918 per sqft)Sold, March 2014: AED 6,000,000 (AED 2,877 per sqft)

3206 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3206, each contractTypical three-bed in Murjan Tower
150K200K250K20112015201920232027Typical 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, August 2011: AED 220,000 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 3206 sits

All 68 3-beds →

3206 last sold in March 2014 at AED 2,877 per sqft, 69% above what three-beds in Murjan Tower were fetching at the time (AED 1,699). 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. 3206's AED 220,000 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 32nd floor

All 278 units in Murjan Tower
Value
32013-bedAED 1.56M · Aug 2008
32021-bedAED 2M · Nov 2014
32033-bedAED 5.2M · Feb 2014
32043-bedAED 1.5M · Mar 2012
32051-bedAED 2.5M · Oct 2025

3206, Murjan Tower in numbers

  • Sold 3 times: first on 3 March 2009 for AED 1,588,000, last on 13 March 2014 for AED 6,000,000 (AED 2,877 per sqft).
  • Rented since August 2011 on one Ejari contract, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2014 price is 3.7%, before a service charge of about AED 31,100 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 March 2014.

Questions about 3206, Murjan Tower

What did unit 3206 last sell for?

AED 6,000,000 on 13 March 2014: AED 2,877 per sqft for 2,085 sqft. The unit has 3 registered sales; the first was AED 1,588,000 in March 2009.

What is the rent for unit 3206?

AED 220,000 a year on the contract signed on 1 August 2011.

How big is unit 3206?

2,085 sqft (193.7 sqm): a three-bedroom apartment on the 32nd floor of a 37-storey tower completed in 2004.

What is unit 3206 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 3206, Murjan Tower

Starts from the last sale price (AED 6M, 13 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 6,000,000
Deposit, UAE resident (20%)
AED 1,200,000
Deposit, non-resident (40%)
AED 2,400,000
Monthly over 25 years at 3.7%
AED 24,548

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