1-bed · 1,188 sqftMurjan Tower, Dubai Marina · 6th floor · completed 2004

605, Murjan Tower

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 2 September 2024
Last soldAED 2.3M2 September 2024
Current rentAED 115K /yr5 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Murjan Tower

What is 605 worth today?

Last sold for AED 2,300,000 in 2024

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2 Sep 2024SoldReady
AED 2,300,000AED 1,936 per sqft
5 Dec 2021RentedNew contract
AED 115,000/yr12 months · AED 97 per sqft
12 Oct 2020RentedNew contract
AED 60,000/yr13 months · AED 51 per sqft
24 Mar 2019RentedNew contract
AED 88,000/yr12 months · AED 74 per sqft
30 Apr 2018RentedNew contract
AED 134,626/yr12 months · AED 114 per sqft
23 Jan 2015RentedNew contract
AED 135,000/yr12 months · AED 114 per sqft
17 Oct 2013RentedNew contract
AED 125,000/yr12 months · AED 106 per sqft
25 Jun 2013SoldReady
AED 1,630,000AED 1,375 per sqft

Source: Dubai Land Department. Updated 2 September 2024.

Key facts

Type
1-bed apartment
Size
1,188 sqft
Floor
6th of 37
Parking
P1-405
Developer
Emaar
Completed
2004
Service charge
AED 17,700 /yr
Last sold
AED 2.3M · September 2024
Building
Murjan Tower

About 605, Murjan Tower

605 is a one-bedroom apartment of 1,188 sqft on the 6th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 2 September 2024 for AED 2,300,000, or AED 1,936 per sqft, in line with the AED 1,936 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 5 December 2021, is AED 115,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 17,700 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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, December 2012: AED 1,300,000 (AED 1,097 per sqft)Sold, June 2013: AED 1,630,000 (AED 1,375 per sqft)Sold, September 2024: AED 2,300,000 (AED 1,936 per sqft)

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

Rents
Unit 605, each contractTypical one-bed in Murjan Tower
50K100K2012201620202024Typical 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, October 2013: AED 125,000 a yearNew contract, January 2015: AED 135,000 a yearNew contract, April 2018: AED 134,626 a yearNew contract, March 2019: AED 88,000 a yearNew contract, October 2020: AED 60,000 a yearNew contract, December 2021: AED 115,000 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 605 sits

All 106 1-beds →

605 last sold in September 2024 at AED 1,936 per sqft, in line with what one-beds in Murjan Tower were fetching at the time (AED 1,936). 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. 605's AED 115,000 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 6th floor

All 278 units in Murjan Tower
Value
6012-bedAED 2.9M · Mar 2017
6021-bedAED 2.22M · Nov 2024
6032-bedAED 2.1M · Jun 2012
6041-bedAED 769K · Oct 2015
6062-bedAED 1.07M · Aug 2008
6071-bedAED 806K · Dec 2008
6082-bedAED 2.8M · Jun 2017
1–7 of 8

605, Murjan Tower in numbers

  • Sold 3 times: first on 29 December 2012 for AED 1,300,000, last on 2 September 2024 for AED 2,300,000 (AED 1,936 per sqft).
  • Rented since October 2013 on 6 Ejari contracts. The rent fell from AED 125,000 to AED 60,000 in 2020 and recovered to AED 115,000 by December 2021.
  • At AED 115,000 a year the gross yield on the 2024 price is 5.0%, 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 2 September 2024.

Questions about 605, Murjan Tower

What did unit 605 last sell for?

AED 2,300,000 on 2 September 2024: AED 1,936 per sqft for 1,188 sqft. The unit has 3 registered sales; the first was AED 1,300,000 in December 2012.

What is the rent for unit 605?

AED 115,000 a year on the contract signed on 5 December 2021. The previous contract, from October 2020, was AED 60,000; the unit has been rented since October 2013.

How big is unit 605?

1,188 sqft (110.4 sqm): a one-bedroom apartment on the 6th floor of a 37-storey tower completed in 2004.

What is unit 605 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 605, Murjan Tower

Starts from the last sale price (AED 2.3M, 2 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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