506, Murjan Tower
Sold prices and rental history: sold 4 times, last in September 2022, 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 506, Murjan Tower
What is 506 worth today?
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Source: Dubai Land Department. Updated 5 September 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,570 sqft
- Floor
- 5th of 37
- Parking
- 352
- Developer
- Emaar
- Completed
- 2004
- Service charge
- AED 23,400 /yr
- Last sold
- AED 2.2M · September 2022
- Building
- Murjan Tower
About 506, Murjan Tower
506 is a two-bedroom apartment of 1,570 sqft on the 5th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 5 September 2022 for AED 2,200,000, or AED 1,401 per sqft, 11% below the AED 1,575 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 31 July 2022, is AED 90,000 a year: a gross yield of 4.1% on the 2022 price, before the service charge of about AED 23,400 a year.
Sales and rents for 506 over time
506 has sold 4 times; 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 506 sits
All 102 2-beds →506 last sold in September 2022 at AED 1,401 per sqft, 11% below what two-beds in Murjan Tower were fetching at the time (AED 1,575). 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. 506's AED 90,000 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 5th floor
All 278 units in Murjan Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,699 sqft | AED 4.41MAED 4,407,000 · May 2024May 2024 | 215,000 /yr | |
| 502 | 1-bed | 1,170 sqft | AED 2.4MAED 2,400,000 · Oct 2014October 2014 | 129,651 /yr | |
| 503 | 2-bed | 1,570 sqft | AED 1.09MAED 1,089,000 · Mar 2009March 2009 | 190,000 /yr | |
| 504 | 1-bed | 1,185 sqft | AED 383KAED 383,000 · Aug 2010August 2010 | 85,000 /yr | |
| 505 | 1-bed | 1,188 sqft | AED 2.2MAED 2,200,000 · Sep 2025September 2025 | 110,000 /yr | |
| 507 | 1-bed | 1,173 sqft | AED 2.35MAED 2,350,000 · Apr 2025April 2025 | 140,000 /yr | |
| 508 | 2-bed | 1,695 sqft | AED 2.9MAED 2,900,000 · Dec 2017December 2017 | 205,000 /yr | |
| 509 | 1-bed | 1,525 sqft | AED 2.35MAED 2,350,000 · Aug 2013August 2013 | 180,000 /yr |
506, Murjan Tower in numbers
- Sold 4 times: first on 27 March 2013 for AED 1,068,000, last on 5 September 2022 for AED 2,200,000 (AED 1,401 per sqft).
- Rented since May 2013 on 9 Ejari contracts, from AED 165,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2022 price is 4.1%, 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 5 September 2022.
Questions about 506, Murjan Tower
What did unit 506 last sell for?
AED 2,200,000 on 5 September 2022: AED 1,401 per sqft for 1,570 sqft. The unit has 4 registered sales; the first was AED 1,068,000 in March 2013.
What is the rent for unit 506?
AED 90,000 a year on the contract renewed on 31 July 2022. The previous contract, from July 2021, was AED 90,000; the unit has been rented since May 2013.
How big is unit 506?
1,570 sqft (145.9 sqm): a two-bedroom apartment on the 5th floor of a 37-storey tower completed in 2004.
What is unit 506 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 506, Murjan Tower
Starts from the last sale price (AED 2.2M, 5 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →