2-bed · 1,570 sqftMurjan Tower, Dubai Marina · 4th floor · completed 2004

406, Murjan Tower

Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 21 February 2026
Last soldAED 1.07M8 July 2008
Current rentAED 200K /yr21 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Murjan Tower

What is 406 worth today?

Last sold for AED 1,065,000 in 2008

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21 Feb 2026RentedRenewal
AED 200,000/yr12 months · AED 127 per sqft
12 Feb 2026RentedNew contract
AED 150,000/yr12 months · AED 95 per sqft
21 Feb 2025RentedRenewal
AED 120,698/yr12 months · AED 77 per sqft
21 Feb 2025RentedRenewal
AED 120,698/yr12 months · AED 77 per sqft
21 Feb 2024RentedRenewal
AED 109,725/yr12 months · AED 70 per sqft
21 Feb 2024RentedRenewal
AED 109,725/yr12 months · AED 70 per sqft
21 Feb 2023RentedNew contract
AED 99,750/yr12 months · AED 63 per sqft
21 Feb 2023RentedRenewal
AED 99,750/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 21 February 2026.

Key facts

Type
2-bed apartment
Size
1,570 sqft
Floor
4th of 37
Parking
61
Developer
Emaar
Completed
2004
Service charge
AED 23,400 /yr
Last sold
AED 1.07M · July 2008
Building
Murjan Tower

About 406, Murjan Tower

406 is a two-bedroom apartment of 1,570 sqft on the 4th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 8 July 2008 for AED 1,065,000, or AED 678 per sqft, 8% below the AED 738 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 15 Ejari contracts. The current contract, renewed on 21 February 2026, is AED 200,000 a year: a gross yield of 18.8% on the 2008 price, before the service charge of about AED 23,400 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Murjan Tower
2M4M2008201320182023Typical sale price by year: 2008 AED 1,500,000; 2009 AED 1,207,782; 2010 AED 1,199,500; 2011 AED 1,196,727; 2012 AED 1,970,700; 2013 AED 2,700,000; 2014 AED 2,800,000; 2015 AED 3,250,000; 2016 AED 2,875,000; 2017 AED 2,800,000; 2019 AED 2,150,000; 2021 AED 2,400,000; 2022 AED 2,400,000; 2023 AED 2,650,000; 2024 AED 3,150,000; 2025 AED 3,150,000; 2026 AED 4,500,000Sold by developer, July 2008: AED 1,065,000 (AED 678 per sqft)

406 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 406, each contractTypical two-bed in Murjan Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 145,000; 2013 AED 175,000; 2014 AED 190,000; 2015 AED 190,000; 2016 AED 195,000; 2017 AED 190,000; 2018 AED 160,000; 2019 AED 144,163; 2020 AED 125,000; 2021 AED 120,000; 2022 AED 133,500; 2023 AED 157,000; 2024 AED 175,000; 2025 AED 180,000; 2026 AED 182,500New contract, April 2015: AED 172,000 a yearRenewal, April 2016: AED 172,000 a yearNew contract, October 2017: AED 145,000 a yearNew contract, November 2018: AED 120,000 a yearRenewal, November 2019: AED 120,000 a yearNew contract, February 2021: AED 95,000 a yearRenewal, February 2022: AED 95,000 a yearNew contract, February 2023: AED 99,750 a yearRenewal, February 2023: AED 99,750 a yearRenewal, February 2024: AED 109,725 a yearRenewal, February 2024: AED 109,725 a yearRenewal, February 2025: AED 120,698 a yearRenewal, February 2025: AED 120,698 a yearRenewal, February 2026: AED 200,000 a yearNew contract, February 2026: AED 150,000 a year

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

2-beds in Murjan Tower, and where 406 sits

All 102 2-beds →

406 last sold in July 2008 at AED 678 per sqft, 8% below what two-beds in Murjan Tower were fetching at the time (AED 738). Over the last 12 months two-beds sold for AED 3,900,000 to 4,750,000, around AED 2,648 per sqft, and rent for AED 115,000 to 244,125 a year. 406's AED 200,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20263,900,000
14 Oct 20264,500,000
4 Feb 20264,750,000
27 Oct 20253,150,000
3 2-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
4041-bedAED 1.81M · May 2024
4051-bedAED 1.2M · Dec 2009
4071-bedAED 2M · Jul 2014
4082-bedAED 2.8M · Mar 2017
1–7 of 8

406, Murjan Tower in numbers

  • Sold once: by Emaar on 8 July 2008 for AED 1,065,000, or AED 678 per sqft.
  • Rented since April 2015 on 15 Ejari contracts. The rent fell from AED 172,000 to AED 95,000 in 2022 and recovered to AED 200,000 by February 2026.
  • At AED 200,000 a year the gross yield on the 2008 price is 18.8%, before a service charge of about AED 23,400 a year (AED 14.90 per sqft).
  • Two-beds in Murjan Tower sold for AED 3,900,000–4,750,000 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 21 February 2026.

Questions about 406, Murjan Tower

What did unit 406 last sell for?

AED 1,065,000 on 8 July 2008, sold by the developer: AED 678 per sqft for 1,570 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 200,000 a year on the contract renewed on 21 February 2026. The previous contract, from February 2026, was AED 150,000; the unit has been rented since April 2015.

How big is unit 406?

1,570 sqft (145.9 sqm): a two-bedroom apartment on the 4th floor of a 37-storey tower completed in 2004.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Murjan Tower sold for AED 3,900,000 to 4,750,000 in the last 12 months, around AED 2,648 per sqft.

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Mortgage on 406, Murjan Tower

Starts from the last sale price (AED 1.07M, 8 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,065,000
Deposit, UAE resident (20%)
AED 213,000
Deposit, non-resident (40%)
AED 426,000
Monthly over 25 years at 3.7%
AED 4,357

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