2-bed · 1,699 sqftMurjan Tower, Dubai Marina · 5th floor · completed 2004

501, Murjan Tower

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 2 May 2024
Last soldAED 4.41M2 May 2024
Current rentAED 215K /yr5 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Murjan Tower

What is 501 worth today?

Last sold for AED 4,407,000 in 2024

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2 May 2024SoldReady
AED 4,407,000AED 2,593 per sqft
5 Dec 2022RentedNew contract
AED 215,000/yr12 months · AED 127 per sqft
16 Oct 2021RentedRenewal
AED 110,000/yr12 months · AED 65 per sqft
16 Oct 2020RentedNew contract
AED 100,000/yr12 months · AED 59 per sqft
1 Feb 2020RentedRenewal
AED 160,000/yr6 months · AED 95 per sqft
1 Feb 2019RentedNew contract
AED 160,000/yr12 months · AED 95 per sqft
6 Aug 2018SoldReady
AED 2,200,000AED 1,297 per sqft
15 Aug 2010Sold by developerReady
AED 1,850,000AED 1,091 per sqft

Source: Dubai Land Department. Updated 2 May 2024.

Key facts

Type
2-bed apartment
Size
1,699 sqft
Floor
5th of 37
Parking
P1-21,P1-22
Developer
Emaar
Completed
2004
Service charge
AED 25,300 /yr
Last sold
AED 4.41M · May 2024
Building
Murjan Tower

About 501, Murjan Tower

501 is a two-bedroom apartment of 1,699 sqft on the 5th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 2 May 2024 for AED 4,407,000, or AED 2,593 per sqft, 31% above the AED 1,982 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 5 December 2022, is AED 215,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 25,300 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, August 2010: AED 1,850,000 (AED 1,091 per sqft)Sold, August 2018: AED 2,200,000 (AED 1,297 per sqft)Sold, May 2024: AED 4,407,000 (AED 2,593 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in Murjan Tower
100K200K2012201620202024Typical 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, February 2019: AED 160,000 a yearRenewal, February 2020: AED 160,000 a yearNew contract, October 2020: AED 100,000 a yearRenewal, October 2021: AED 110,000 a yearNew contract, December 2022: AED 215,000 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 501 sits

All 102 2-beds →

501 last sold in May 2024 at AED 2,593 per sqft, 31% above what two-beds in Murjan Tower were fetching at the time (AED 1,982). 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. 501's AED 215,000 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 5th floor

All 278 units in Murjan Tower
Value
5021-bedAED 2.4M · Oct 2014
5032-bedAED 1.09M · Mar 2009
5041-bedAED 383K · Aug 2010
5051-bedAED 2.2M · Sep 2025
5062-bedAED 2.2M · Sep 2022
5071-bedAED 2.35M · Apr 2025
5082-bedAED 2.9M · Dec 2017
1–7 of 8

501, Murjan Tower in numbers

  • Sold 3 times: first on 15 August 2010 for AED 1,850,000, last on 2 May 2024 for AED 4,407,000 (AED 2,593 per sqft).
  • Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 160,000 to AED 100,000 in 2020 and recovered to AED 215,000 by December 2022.
  • At AED 215,000 a year the gross yield on the 2024 price is 4.9%, 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 2 May 2024.

Questions about 501, Murjan Tower

What did unit 501 last sell for?

AED 4,407,000 on 2 May 2024: AED 2,593 per sqft for 1,699 sqft. The unit has 3 registered sales; the first was AED 1,850,000 in August 2010.

What is the rent for unit 501?

AED 215,000 a year on the contract signed on 5 December 2022. The previous contract, from October 2021, was AED 110,000; the unit has been rented since February 2019.

How big is unit 501?

1,699 sqft (157.8 sqm): a two-bedroom apartment on the 5th floor of a 37-storey tower completed in 2004.

What is unit 501 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 501, Murjan Tower

Starts from the last sale price (AED 4.41M, 2 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,407,000
Deposit, UAE resident (20%)
AED 881,400
Deposit, non-resident (40%)
AED 1,762,800
Monthly over 25 years at 3.7%
AED 18,030

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