408, Murjan Tower
Sold prices and rental history: sold twice, last in March 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Murjan Tower
What is 408 worth today?
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Source: Dubai Land Department. Updated 15 January 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,695 sqft
- Floor
- 4th of 37
- Parking
- 59 , 60
- Developer
- Emaar
- Completed
- 2004
- Service charge
- AED 25,300 /yr
- Last sold
- AED 2.8M · March 2017
- Building
- Murjan Tower
About 408, Murjan Tower
408 is a two-bedroom apartment of 1,695 sqft on the 4th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 15 March 2017 for AED 2,800,000, or AED 1,651 per sqft, in line with the AED 1,681 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 15 January 2024, is AED 110,000 a year: a gross yield of 3.9% on the 2017 price, before the service charge of about AED 25,300 a year.
Sales and rents for 408 over time
408 has sold twice; the dashed line is the two-bed median of each year in the building.
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 408 sits
All 102 2-beds →408 last sold in March 2017 at AED 1,651 per sqft, in line with what two-beds in Murjan Tower were fetching at the time (AED 1,681). 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. 408's AED 110,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 1,514 sqft | 3,900,000 | 2,576 | ||
| 14 Oct 202614 October 2026 | 1,699 sqft | 4,500,000 | 2,648 | ||
| 4 Feb 20264 February 2026 | 1,699 sqft | 4,750,000 | 2,795 | ||
| 27 Oct 202527 October 2025 | 1,609 sqft | 3,150,000 | 1,958 |
Murjan Tower
Building278 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%
Other units on the 4th floor
All 278 units in Murjan Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,695 sqft | AED 3.13MAED 3,125,000 · Nov 2016November 2016 | 205,000 /yr | |
| 402 | 1-bed | 1,170 sqft | AED 814KAED 814,000 · May 2008May 2008 | ||
| 403 | 2-bed | 1,574 sqft | AED 3MAED 3,000,000 · Sep 2025September 2025 | 210,000 /yr | |
| 404 | 1-bed | 1,188 sqft | AED 1.81MAED 1,812,000 · May 2024May 2024 | 123,000 /yr | |
| 405 | 1-bed | 1,185 sqft | AED 1.2MAED 1,200,000 · Dec 2009December 2009 | 115,500 /yr | |
| 406 | 2-bed | 1,570 sqft | AED 1.07MAED 1,065,000 · Jul 2008July 2008 | 200,000 /yr | |
| 407 | 1-bed | 1,170 sqft | AED 2MAED 2,000,000 · Jul 2014July 2014 | 103,500 /yr | |
| 409 | 1-bed | 1,525 sqft | AED 1.4MAED 1,400,000 · Aug 2015August 2015 | 138,000 /yr |
408, Murjan Tower in numbers
- Sold twice: first on 25 July 2010 for AED 1,325,000, last on 15 March 2017 for AED 2,800,000 (AED 1,651 per sqft).
- Rented since July 2013 on 10 Ejari contracts, from AED 198,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2017 price is 3.9%, before a service charge of about AED 25,300 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 15 January 2024.
Questions about 408, Murjan Tower
What did unit 408 last sell for?
AED 2,800,000 on 15 March 2017: AED 1,651 per sqft for 1,695 sqft. The unit has 2 registered sales; the first was AED 1,325,000 in July 2010.
What is the rent for unit 408?
AED 110,000 a year on the contract renewed on 15 January 2024. The previous contract, from January 2024, was AED 110,000; the unit has been rented since July 2013.
How big is unit 408?
1,695 sqft (157.5 sqm): a two-bedroom apartment on the 4th floor of a 37-storey tower completed in 2004.
What is unit 408 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 408, Murjan Tower
Starts from the last sale price (AED 2.8M, 15 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →