2-bed · 1,570 sqftMurjan Tower, Dubai Marina · 8th floor · completed 2004

806, Murjan Tower

Sold prices and rental history: sold 3 times, last in June 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 23 June 2016
Last soldAED 2.9M23 June 2016
Current rentAED 210K /yr1 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Murjan Tower

What is 806 worth today?

Last sold for AED 2,900,000 in 2016

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23 Jun 2016SoldReady
AED 2,900,000AED 1,847 per sqft
1 Nov 2015RentedRenewal
AED 210,000/yr12 months · AED 134 per sqft
1 Nov 2014RentedNew contract
AED 205,000/yr12 months · AED 130 per sqft
20 Feb 2014SoldReady
AED 2,800,000AED 1,783 per sqft
15 Jun 2008Sold by developerReady
AED 1,079,000AED 687 per sqft

Source: Dubai Land Department. Updated 23 June 2016.

Key facts

Type
2-bed apartment
Size
1,570 sqft
Floor
8th of 37
Parking
381
Developer
Emaar
Completed
2004
Service charge
AED 23,400 /yr
Last sold
AED 2.9M · June 2016
Building
Murjan Tower

About 806, Murjan Tower

806 is a two-bedroom apartment of 1,570 sqft on the 8th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 23 June 2016 for AED 2,900,000, or AED 1,847 per sqft, in line with the AED 1,867 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, renewed on 1 November 2015, is AED 210,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 23,400 a year.

Sales and rents for 806 over time

Sales
Unit 806, 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, June 2008: AED 1,079,000 (AED 687 per sqft)Sold, February 2014: AED 2,800,000 (AED 1,783 per sqft)Sold, June 2016: AED 2,900,000 (AED 1,847 per sqft)

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

Rents
Unit 806, each contractTypical two-bed in Murjan Tower
150K200K2012201620202024Typical 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, November 2014: AED 205,000 a yearRenewal, November 2015: AED 210,000 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 806 sits

All 102 2-beds →

806 last sold in June 2016 at AED 1,847 per sqft, in line with what two-beds in Murjan Tower were fetching at the time (AED 1,867). 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. 806's AED 210,000 is in the upper 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 8th floor

All 278 units in Murjan Tower
Value
8012-bedAED 1.26M · Sep 2011
8021-bedAED 1.42M · Dec 2011
8033-bedAED 4.5M · Jul 2024
8051-bedAED 388K · Jun 2010
8071-bedAED 1.1M · Feb 2009
8082-bedAED 1.29M · Mar 2009
8092-bedAED 1.99M · Mar 2017

806, Murjan Tower in numbers

  • Sold 3 times: first on 15 June 2008 for AED 1,079,000, last on 23 June 2016 for AED 2,900,000 (AED 1,847 per sqft).
  • Rented since November 2014 on 2 Ejari contracts, from AED 205,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2016 price is 7.2%, before a service charge of about AED 23,400 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 23 June 2016.

Questions about 806, Murjan Tower

What did unit 806 last sell for?

AED 2,900,000 on 23 June 2016: AED 1,847 per sqft for 1,570 sqft. The unit has 3 registered sales; the first was AED 1,079,000 in June 2008.

What is the rent for unit 806?

AED 210,000 a year on the contract renewed on 1 November 2015. The previous contract, from November 2014, was AED 205,000.

How big is unit 806?

1,570 sqft (145.9 sqm): a two-bedroom apartment on the 8th floor of a 37-storey tower completed in 2004.

What is unit 806 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.

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Mortgage on 806, Murjan Tower

Starts from the last sale price (AED 2.9M, 23 June 2016). 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 →