3-bed · 2,761 sqftMurjan Tower, Dubai Marina · 8th floor · completed 2004

803, Murjan Tower

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

Unit 803 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 4.5M15 July 2024
Current rentAED 150K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Murjan Tower

What is 803 worth today?

Last sold for AED 4,500,000 in 2024

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15 Jul 2024SoldReady
AED 4,500,000AED 1,629 per sqft
1 Aug 2022RentedRenewal
AED 149,905/yr12 months · AED 54 per sqft
1 Aug 2021RentedNew contract
AED 150,000/yr12 months · AED 54 per sqft
15 May 2021RentedNew contract
AED 147,000/yr12 months · AED 53 per sqft
1 Jan 2017RentedRenewal
AED 100,000/yr36 months · AED 36 per sqft
1 Jan 2016RentedNew contract
AED 100,000/yr12 months · AED 36 per sqft
15 Oct 2014RentedNew contract
AED 100,000/yr12 months · AED 36 per sqft
15 Oct 2013RentedNew contract
AED 100,000/yr12 months · AED 36 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
3-bed apartment
Size
2,761 sqft
Floor
8th of 37
Parking
P1-382,P1-383
Developer
Emaar
Completed
2004
Service charge
AED 41,100 /yr
Last sold
AED 4.5M · July 2024
Building
Murjan Tower

About 803, Murjan Tower

803 is a three-bedroom apartment of 2,761 sqft on the 8th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 15 July 2024 for AED 4,500,000, or AED 1,629 per sqft, 8% below the AED 1,774 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 August 2022, is AED 149,905 a year: a gross yield of 3.3% on the 2024 price, before the service charge of about AED 41,100 a year.

Sales and rents for 803 over time

Sales
Unit 803, each saleTypical three-bed in Murjan Tower
5M2008201320182023Typical sale price by year: 2008 AED 1,759,500; 2009 AED 2,044,000; 2010 AED 3,275,000; 2011 AED 1,910,592; 2012 AED 1,808,000; 2013 AED 3,900,000; 2014 AED 5,200,000; 2015 AED 2,417,125; 2016 AED 3,700,000; 2017 AED 3,600,000; 2019 AED 2,700,000; 2021 AED 4,350,000; 2022 AED 3,500,000; 2023 AED 4,800,000; 2024 AED 4,725,000; 2025 AED 6,715,000; 2026 AED 5,200,000Sold by developer, December 2008: AED 1,149,000 (AED 417 per sqft)Sold, July 2024: AED 4,500,000 (AED 1,629 per sqft)

803 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 803, each contractTypical three-bed in Murjan Tower
100K200K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 229,000; 2014 AED 230,000; 2015 AED 245,000; 2016 AED 222,000; 2017 AED 212,926; 2018 AED 209,738; 2019 AED 196,500; 2020 AED 160,000; 2021 AED 155,000; 2022 AED 186,500; 2023 AED 200,000; 2024 AED 220,000; 2025 AED 225,000; 2026 AED 240,675New contract, October 2013: AED 100,000 a yearNew contract, October 2014: AED 100,000 a yearNew contract, January 2016: AED 100,000 a yearRenewal, January 2017: AED 100,000 a yearNew contract, May 2021: AED 147,000 a yearNew contract, August 2021: AED 150,000 a yearRenewal, August 2022: AED 149,905 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Murjan Tower, and where 803 sits

All 68 3-beds →

803 last sold in July 2024 at AED 1,629 per sqft, 8% below what three-beds in Murjan Tower were fetching at the time (AED 1,774). Over the last 12 months three-beds sold for AED 4,800,000 to 5,650,000, around AED 2,306 per sqft, and rent for AED 150,000 to 450,000 a year. 803's AED 149,905 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Feb 20265,650,000
20 Feb 20264,800,000
15 Jan 20265,200,000
30 Apr 20257,500,000
3 3-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 8th floor

All 278 units in Murjan Tower
Value
8012-bedAED 1.26M · Sep 2011
8021-bedAED 1.42M · Dec 2011
8051-bedAED 388K · Jun 2010
8062-bedAED 2.9M · Jun 2016
8071-bedAED 1.1M · Feb 2009
8082-bedAED 1.29M · Mar 2009
8092-bedAED 1.99M · Mar 2017

803, Murjan Tower in numbers

  • Sold twice: first on 14 December 2008 for AED 1,149,000, last on 15 July 2024 for AED 4,500,000 (AED 1,629 per sqft).
  • Rented since October 2013 on 7 Ejari contracts, from AED 100,000 to AED 149,905 a year.
  • At AED 149,905 a year the gross yield on the 2024 price is 3.3%, before a service charge of about AED 41,100 a year (AED 14.90 per sqft).
  • Three-beds in Murjan Tower sold for AED 4,800,000–5,650,000 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 15 July 2024.

Questions about 803, Murjan Tower

What did unit 803 last sell for?

AED 4,500,000 on 15 July 2024: AED 1,629 per sqft for 2,761 sqft. The unit has 2 registered sales; the first was AED 1,149,000 in December 2008.

What is the rent for unit 803?

AED 149,905 a year on the contract renewed on 1 August 2022. The previous contract, from August 2021, was AED 150,000; the unit has been rented since October 2013.

How big is unit 803?

2,761 sqft (256.5 sqm): a three-bedroom apartment on the 8th floor of a 37-storey tower completed in 2004.

What is unit 803 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Murjan Tower sold for AED 4,800,000 to 5,650,000 in the last 12 months, around AED 2,306 per sqft.

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Mortgage on 803, Murjan Tower

Starts from the last sale price (AED 4.5M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

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