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3-bed · 4,075 sqftMurjan Tower, Dubai Marina · 36th floor · completed 2004

3603, Murjan Tower

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3603 · DLD and Ejari recordsUpdated 19 April 2023
Last soldAED 6.2M19 April 2023
Current rentAED 230K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3603, Murjan Tower

What is 3603 worth today?

Last sold for AED 6,200,000 in 2023

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19 Apr 2023SoldReady
AED 6,200,000AED 1,521 per sqft
15 Mar 2023RentedRenewal
AED 230,000/yr12 months · AED 56 per sqft
15 Mar 2022RentedNew contract
AED 215,000/yr12 months · AED 53 per sqft
1 Aug 2020RentedNew contract
AED 180,000/yr12 months · AED 44 per sqft
22 Jan 2019RentedNew contract
AED 220,000/yr12 months · AED 54 per sqft
29 Oct 2018SoldReady
AED 3,850,000AED 944 per sqft
14 Sep 2016RentedRenewal
AED 300,000/yr12 months · AED 74 per sqft
14 Sep 2015RentedNew contract
AED 310,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 19 April 2023.

Key facts

Type
3-bed apartment
Size
4,075 sqft
Floor
36th of 37
Parking
47 , 48
Developer
Emaar
Completed
2004
Service charge
AED 60,700 /yr
Last sold
AED 6.2M · April 2023
Building
Murjan Tower

About 3603, Murjan Tower

3603 is a three-bedroom apartment of 4,075 sqft on the 36th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 19 April 2023 for AED 6,200,000, or AED 1,521 per sqft, in line with the AED 1,540 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 15 March 2023, is AED 230,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 60,700 a year.

Sales and rents for 3603 over time

Sales
Unit 3603, 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 2013: AED 2,600,000 (AED 638 per sqft)Sold, October 2018: AED 3,850,000 (AED 944 per sqft)Sold, April 2023: AED 6,200,000 (AED 1,521 per sqft)

3603 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3603, each contractTypical three-bed in Murjan Tower
200K300K2012201620202024Typical 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, September 2015: AED 310,000 a yearRenewal, September 2016: AED 300,000 a yearNew contract, January 2019: AED 220,000 a yearNew contract, August 2020: AED 180,000 a yearNew contract, March 2022: AED 215,000 a yearRenewal, March 2023: 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 3603 sits

All 68 3-beds →

3603 last sold in April 2023 at AED 1,521 per sqft, in line with what three-beds in Murjan Tower were fetching at the time (AED 1,540). 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. 3603'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 36th floor

All 278 units in Murjan Tower
Value
36013-bedAED 7.5M · Feb 2021
36023-bedAED 7.18M · Feb 2025
36043-bedAED 10.45M · Nov 2023

3603, Murjan Tower in numbers

  • Sold 3 times: first on 11 March 2013 for AED 2,600,000, last on 19 April 2023 for AED 6,200,000 (AED 1,521 per sqft).
  • Rented since September 2015 on 6 Ejari contracts. The rent fell from AED 310,000 to AED 180,000 in 2020 and recovered to AED 230,000 by March 2023.
  • At AED 230,000 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 60,700 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 19 April 2023.

Questions about 3603, Murjan Tower

What did unit 3603 last sell for?

AED 6,200,000 on 19 April 2023: AED 1,521 per sqft for 4,075 sqft. The unit has 3 registered sales; the first was AED 2,600,000 in March 2013.

What is the rent for unit 3603?

AED 230,000 a year on the contract renewed on 15 March 2023. The previous contract, from March 2022, was AED 215,000; the unit has been rented since September 2015.

How big is unit 3603?

4,075 sqft (378.6 sqm): a three-bedroom apartment on the 36th floor of a 37-storey tower completed in 2004.

What is unit 3603 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 3603, Murjan Tower

Starts from the last sale price (AED 6.2M, 19 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,200,000
Deposit, UAE resident (20%)
AED 1,240,000
Deposit, non-resident (40%)
AED 2,480,000
Monthly over 25 years at 3.7%
AED 25,366

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