Home
Dubai prices
About
Research
1-bed · 1,525 sqftMurjan Tower, Dubai Marina · 7th floor · completed 2004

709, Murjan Tower

Sold prices and rental history: sold 4 times, last in July 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 31 July 2023
Last soldAED 2.9M31 July 2023
Current rentAED 90K /yr28 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 709

Property timeline for 709, Murjan Tower

What is 709 worth today?

Last sold for AED 2,900,000 in 2023

Unlock today's estimate, updated daily, with

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

31 Jul 2023SoldReady
AED 2,900,000AED 1,901 per sqft
1 Feb 2023SoldReady
AED 2,270,000AED 1,488 per sqft
28 Jun 2021RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
28 Jun 2020RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
26 Nov 2013SoldReady
AED 2,300,000AED 1,508 per sqft
28 Jun 2010Sold by developerReady
AED 1,441,900AED 945 per sqft

Source: Dubai Land Department. Updated 31 July 2023.

Key facts

Type
1-bed apartment
Size
1,525 sqft
Floor
7th of 37
Parking
367
Developer
Emaar
Completed
2004
Service charge
AED 22,700 /yr
Last sold
AED 2.9M · July 2023
Building
Murjan Tower

About 709, Murjan Tower

709 is a one-bedroom apartment of 1,525 sqft on the 7th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 31 July 2023 for AED 2,900,000, or AED 1,901 per sqft, 21% above the AED 1,573 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 28 June 2021, is AED 90,000 a year: a gross yield of 3.1% on the 2023 price, before the service charge of about AED 22,700 a year.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical one-bed in Murjan Tower
1M2M3M2008201320182023Typical 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, June 2010: AED 1,441,900 (AED 945 per sqft)Sold, November 2013: AED 2,300,000 (AED 1,508 per sqft)Sold, February 2023: AED 2,270,000 (AED 1,488 per sqft)Sold, July 2023: AED 2,900,000 (AED 1,901 per sqft)

709 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 709, 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 122,500New contract, June 2020: AED 90,000 a yearNew contract, June 2021: AED 90,000 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 709 sits

All 106 1-beds →

709 last sold in July 2023 at AED 1,901 per sqft, 21% above what one-beds in Murjan Tower were fetching at the time (AED 1,573). 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. 709's AED 90,000 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 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
7051-bedAED 773K · Jul 2008
7062-bedAED 3.1M · Oct 2013
7071-bedAED 1.45M · Apr 2011
7082-bedAED 1.34M · Mar 2010

709, Murjan Tower in numbers

  • Sold 4 times: first on 28 June 2010 for AED 1,441,900, last on 31 July 2023 for AED 2,900,000 (AED 1,901 per sqft).
  • Rented since June 2020 on 2 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 3.1%, before a service charge of about AED 22,700 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 31 July 2023.

Questions about 709, Murjan Tower

What did unit 709 last sell for?

AED 2,900,000 on 31 July 2023: AED 1,901 per sqft for 1,525 sqft. The unit has 4 registered sales; the first was AED 1,441,900 in June 2010.

What is the rent for unit 709?

AED 90,000 a year on the contract signed on 28 June 2021. The previous contract, from June 2020, was AED 90,000.

How big is unit 709?

1,525 sqft (141.7 sqm): a one-bedroom apartment on the 7th floor of a 37-storey tower completed in 2004.

What is unit 709 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.

Selling 709? 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 709, Murjan Tower

Starts from the last sale price (AED 2.9M, 31 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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