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1-bed · 1,185 sqftMurjan Tower, Dubai Marina · 7th floor · completed 2004

705, Murjan Tower

Sold prices and rental history: sold once, by the developer in July 2008, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 24 July 2008
Last soldAED 773K24 July 2008
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, Murjan Tower

What is 705 worth today?

Last sold for AED 773,000 in 2008

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24 Jul 2008Sold by developerReady
AED 773,000AED 652 per sqft

Source: Dubai Land Department. Updated 24 July 2008.

Key facts

Type
1-bed apartment
Size
1,185 sqft
Floor
7th of 37
Parking
365
Developer
Emaar
Completed
2004
Service charge
AED 17,700 /yr
Last sold
AED 773K · July 2008
Building
Murjan Tower

About 705, Murjan Tower

705 is a one-bedroom apartment of 1,185 sqft on the 7th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 24 July 2008 for AED 773,000, or AED 652 per sqft, 13% below the AED 752 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales
Unit 705, 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, July 2008: AED 773,000 (AED 652 per sqft)

705 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 705, each contractTypical one-bed in Murjan Tower
75K100K125K2012201620202024Typical 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 122,500

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 705 sits

All 106 1-beds →

705 last sold in July 2008 at AED 652 per sqft, 13% below what one-beds in Murjan Tower were fetching at the time (AED 752). 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.

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 7th floor

All 278 units in Murjan Tower
Value
7012-bedAED 4.75M · Dec 2013
7021-bedAED 1.61M · Feb 2022
7033-bedAED 2.1M · Jun 2010
7062-bedAED 3.1M · Oct 2013
7071-bedAED 1.45M · Apr 2011
7082-bedAED 1.34M · Mar 2010
7091-bedAED 2.9M · Jul 2023

705, Murjan Tower in numbers

  • Sold once: by Emaar on 24 July 2008 for AED 773,000, or AED 652 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 24 July 2008.

Questions about 705, Murjan Tower

What did unit 705 last sell for?

AED 773,000 on 24 July 2008, sold by the developer: AED 652 per sqft for 1,185 sqft. It is the only registered sale of the unit.

How big is unit 705?

1,185 sqft (110.1 sqm): a one-bedroom apartment on the 7th floor of a 37-storey tower completed in 2004.

What is unit 705 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 705, Murjan Tower

Starts from the last sale price (AED 773K, 24 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 773,000
Deposit, UAE resident (20%)
AED 154,600
Deposit, non-resident (40%)
AED 309,200
Monthly over 25 years at 3.7%
AED 3,163

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