1-bed · 1,188 sqftMurjan Tower, Dubai Marina · 4th floor · completed 2004

404, Murjan Tower

Sold prices and rental history: sold 4 times, last in May 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.81M28 May 2024
Current rentAED 123K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Murjan Tower

What is 404 worth today?

Last sold for AED 1,812,000 in 2024

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1 Sep 2024RentedNew contract
AED 123,000/yr12 months · AED 104 per sqft
1 Sep 2024RentedNew contract
AED 123,000/yr12 months · AED 104 per sqft
28 May 2024SoldReady
AED 1,812,000AED 1,525 per sqft
9 Jun 2013SoldReady
AED 1,800,000AED 1,518 per sqft
9 Apr 2013SoldReady
AED 1,250,000AED 1,054 per sqft
25 Mar 2013Sold by developerReady
AED 1,350,000AED 1,139 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
1,188 sqft
Floor
4th of 37
Parking
P2-2374
Developer
Emaar
Completed
2004
Service charge
AED 17,700 /yr
Last sold
AED 1.81M · May 2024
Building
Murjan Tower

About 404, Murjan Tower

404 is a one-bedroom apartment of 1,188 sqft on the 4th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 28 May 2024 for AED 1,812,000, or AED 1,525 per sqft, 17% below the AED 1,845 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 September 2024, is AED 123,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 17,700 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, March 2013: AED 1,350,000 (AED 1,139 per sqft)Sold, April 2013: AED 1,250,000 (AED 1,054 per sqft)Sold, June 2013: AED 1,800,000 (AED 1,518 per sqft)Sold, May 2024: AED 1,812,000 (AED 1,525 per sqft)

404 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 404, each contractTypical one-bed in Murjan Tower
75K100K125K2012201620202024Typical 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, September 2024: AED 123,000 a yearNew contract, September 2024: AED 123,000 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 404 sits

All 106 1-beds →

404 last sold in May 2024 at AED 1,525 per sqft, 17% below what one-beds in Murjan Tower were fetching at the time (AED 1,845). 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. 404's AED 123,000 is in the lower half 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 4th floor

All 278 units in Murjan Tower
Value
4012-bedAED 3.13M · Nov 2016
4021-bedAED 814K · May 2008
4032-bedAED 3M · Sep 2025
4051-bedAED 1.2M · Dec 2009
4062-bedAED 1.07M · Jul 2008
4071-bedAED 2M · Jul 2014
4082-bedAED 2.8M · Mar 2017
1–7 of 8

404, Murjan Tower in numbers

  • Sold 4 times: first on 25 March 2013 for AED 1,350,000, last on 28 May 2024 for AED 1,812,000 (AED 1,525 per sqft).
  • Rented since September 2024 on 2 Ejari contracts, at AED 123,000 a year.
  • At AED 123,000 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 17,700 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 1 September 2024.

Questions about 404, Murjan Tower

What did unit 404 last sell for?

AED 1,812,000 on 28 May 2024: AED 1,525 per sqft for 1,188 sqft. The unit has 4 registered sales; the first was AED 1,350,000 in March 2013.

What is the rent for unit 404?

AED 123,000 a year on the contract signed on 1 September 2024. The previous contract, from September 2024, was AED 123,000.

How big is unit 404?

1,188 sqft (110.4 sqm): a one-bedroom apartment on the 4th floor of a 37-storey tower completed in 2004.

What is unit 404 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 404, Murjan Tower

Starts from the last sale price (AED 1.81M, 28 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,812,000
Deposit, UAE resident (20%)
AED 362,400
Deposit, non-resident (40%)
AED 724,800
Monthly over 25 years at 3.7%
AED 7,413

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