3-bed · 2,170 sqftMurjan Tower, Dubai Marina · 33rd floor · completed 2004

3303, Murjan Tower

Sold prices and rental history: sold twice, last in June 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3303 · DLD and Ejari recordsUpdated 4 June 2017
Last soldAED 3.6M4 June 2017
Current rentAED 230K /yr1 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3303, Murjan Tower

What is 3303 worth today?

Last sold for AED 3,600,000 in 2017

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4 Jun 2017SoldReady
AED 3,600,000AED 1,658 per sqft
1 Nov 2016RentedRenewal
AED 230,000/yr12 months · AED 106 per sqft
1 Nov 2015RentedNew contract
AED 230,000/yr12 months · AED 106 per sqft
1 Jun 2015RentedNew contract
AED 270,000/yr12 months · AED 124 per sqft
1 Jun 2013RentedNew contract
AED 230,000/yr12 months · AED 106 per sqft
5 Nov 2008Sold by developerReady
AED 1,862,000AED 858 per sqft

Source: Dubai Land Department. Updated 4 June 2017.

Key facts

Type
3-bed apartment
Size
2,170 sqft
Floor
33rd of 37
Parking
57 , 58
Developer
Emaar
Completed
2004
Service charge
AED 32,300 /yr
Last sold
AED 3.6M · June 2017
Building
Murjan Tower

About 3303, Murjan Tower

3303 is a three-bedroom apartment of 2,170 sqft on the 33rd floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 4 June 2017 for AED 3,600,000, or AED 1,658 per sqft, 4% below the AED 1,733 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 November 2016, is AED 230,000 a year: a gross yield of 6.4% on the 2017 price, before the service charge of about AED 32,300 a year.

Sales and rents for 3303 over time

Sales
Unit 3303, 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, November 2008: AED 1,862,000 (AED 858 per sqft)Sold, June 2017: AED 3,600,000 (AED 1,658 per sqft)

3303 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3303, 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, June 2013: AED 230,000 a yearNew contract, June 2015: AED 270,000 a yearNew contract, November 2015: AED 230,000 a yearRenewal, November 2016: AED 230,000 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 3303 sits

All 68 3-beds →

3303 last sold in June 2017 at AED 1,658 per sqft, 4% below what three-beds in Murjan Tower were fetching at the time (AED 1,733). 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. 3303's AED 230,000 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 33rd floor

All 278 units in Murjan Tower
Value
33013-bedAED 4.45M · May 2013
33021-bedAED 1.65M · Feb 2011
33043-bedAED 1.54M · Mar 2009
33051-bedAED 779K · Mar 2018
33063-bedAED 1.59M · Oct 2012

3303, Murjan Tower in numbers

  • Sold twice: first on 5 November 2008 for AED 1,862,000, last on 4 June 2017 for AED 3,600,000 (AED 1,658 per sqft).
  • Rented since June 2013 on 4 Ejari contracts, at AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2017 price is 6.4%, before a service charge of about AED 32,300 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 4 June 2017.

Questions about 3303, Murjan Tower

What did unit 3303 last sell for?

AED 3,600,000 on 4 June 2017: AED 1,658 per sqft for 2,170 sqft. The unit has 2 registered sales; the first was AED 1,862,000 in November 2008.

What is the rent for unit 3303?

AED 230,000 a year on the contract renewed on 1 November 2016. The previous contract, from November 2015, was AED 230,000; the unit has been rented since June 2013.

How big is unit 3303?

2,170 sqft (201.6 sqm): a three-bedroom apartment on the 33rd floor of a 37-storey tower completed in 2004.

What is unit 3303 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 3303, Murjan Tower

Starts from the last sale price (AED 3.6M, 4 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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