Home
Dubai prices
About
Research
2-bed · 1,695 sqftMurjan Tower, Dubai Marina · 7th floor · completed 2004

701, Murjan Tower

Sold prices and rental history: sold 3 times, last in December 2013, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 11 April 2023
Last soldAED 4.75M22 December 2013
Current rentAED 175K /yr11 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 701

Property timeline for 701, Murjan Tower

What is 701 worth today?

Last sold for AED 4,750,000 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Apr 2023RentedNew contract
AED 175,000/yr12 months · AED 104 per sqft
22 Dec 2013SoldReady
AED 4,750,000AED 2,802 per sqft
1 Aug 2012SoldReady
AED 2,300,000AED 1,356 per sqft
1 Apr 2012RentedNew contract
AED 280,000/yr6 months · AED 165 per sqft
28 Mar 2012Sold by developerReady
AED 1,256,000AED 741 per sqft

Source: Dubai Land Department. Updated 11 April 2023.

Key facts

Type
2-bed apartment
Size
1,695 sqft
Floor
7th of 37
Parking
397 , 398
Developer
Emaar
Completed
2004
Service charge
AED 25,300 /yr
Last sold
AED 4.75M · December 2013
Building
Murjan Tower

About 701, Murjan Tower

701 is a two-bedroom apartment of 1,695 sqft on the 7th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 22 December 2013 for AED 4,750,000, or AED 2,802 per sqft, 66% above the AED 1,687 two-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 11 April 2023, is AED 175,000 a year: a gross yield of 3.7% on the 2013 price, before the service charge of about AED 25,300 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, March 2012: AED 1,256,000 (AED 741 per sqft)Sold, August 2012: AED 2,300,000 (AED 1,356 per sqft)Sold, December 2013: AED 4,750,000 (AED 2,802 per sqft)

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

Rents
Unit 701, each contractTypical two-bed in Murjan Tower
100K200K300K2012201620202024Typical 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 2012: AED 280,000 a yearNew contract, April 2023: AED 175,000 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 701 sits

All 102 2-beds →

701 last sold in December 2013 at AED 2,802 per sqft, 66% above what two-beds in Murjan Tower were fetching at the time (AED 1,687). 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. 701's AED 175,000 is in the lower 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 7th floor

All 278 units in Murjan Tower
Value
7021-bedAED 1.61M · Feb 2022
7033-bedAED 2.1M · Jun 2010
7051-bedAED 773K · Jul 2008
7062-bedAED 3.1M · Oct 2013
7071-bedAED 1.45M · Apr 2011
7082-bedAED 1.34M · Mar 2010
7091-bedAED 2.9M · Jul 2023

701, Murjan Tower in numbers

  • Sold 3 times: first on 28 March 2012 for AED 1,256,000, last on 22 December 2013 for AED 4,750,000 (AED 2,802 per sqft).
  • Rented since April 2012 on 2 Ejari contracts, from AED 280,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2013 price is 3.7%, 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 11 April 2023.

Questions about 701, Murjan Tower

What did unit 701 last sell for?

AED 4,750,000 on 22 December 2013: AED 2,802 per sqft for 1,695 sqft. The unit has 3 registered sales; the first was AED 1,256,000 in March 2012.

What is the rent for unit 701?

AED 175,000 a year on the contract signed on 11 April 2023. The previous contract, from April 2012, was AED 280,000.

How big is unit 701?

1,695 sqft (157.5 sqm): a two-bedroom apartment on the 7th floor of a 37-storey tower completed in 2004.

What is unit 701 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.

Selling 701? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 701, Murjan Tower

Starts from the last sale price (AED 4.75M, 22 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,750,000
Deposit, UAE resident (20%)
AED 950,000
Deposit, non-resident (40%)
AED 1,900,000
Monthly over 25 years at 3.7%
AED 19,434

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