2-bed · 1,695 sqftMurjan Tower, Dubai Marina · 9th floor · completed 2004

901, Murjan Tower

Sold prices and rental history: sold 5 times, last in August 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 21 December 2023
Last soldAED 2.4M25 August 2021
Current rentAED 240K /yr21 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, Murjan Tower

What is 901 worth today?

Last sold for AED 2,400,000 in 2021

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21 Dec 2023RentedRenewal
AED 240,000/yr12 months · AED 142 per sqft
21 Dec 2023RentedRenewal
AED 240,000/yr12 months · AED 142 per sqft
20 Aug 2023RentedNew contract
AED 357,120/yr4 months · AED 211 per sqft
22 Dec 2022RentedNew contract
AED 260,000/yr12 months · AED 154 per sqft
25 Aug 2021SoldReady
AED 2,400,000AED 1,415 per sqft
13 Oct 2020RentedNew contract
AED 150,000/yr12 months · AED 89 per sqft
13 Oct 2019RentedRenewal
AED 180,000/yr12 months · AED 107 per sqft
13 Oct 2018RentedNew contract
AED 187,000/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 21 December 2023.

Key facts

Type
2-bed apartment
Size
1,695 sqft
Floor
9th of 37
Parking
377 , 378
Developer
Emaar
Completed
2004
Service charge
AED 25,300 /yr
Last sold
AED 2.4M · August 2021
Building
Murjan Tower

About 901, Murjan Tower

901 is a two-bedroom apartment of 1,695 sqft on the 9th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 25 August 2021 for AED 2,400,000, or AED 1,415 per sqft, 6% above the AED 1,337 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 21 December 2023, is AED 240,000 a year: a gross yield of 10.0% on the 2021 price, before the service charge of about AED 25,300 a year.

Sales and rents for 901 over time

Sales
Unit 901, 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, May 2008: AED 3,423,000 (AED 2,019 per sqft)Sold, May 2008: AED 2,400,000 (AED 1,415 per sqft)Sold, August 2015: AED 3,800,000 (AED 2,241 per sqft)Sold, October 2016: AED 3,680,000 (AED 2,171 per sqft)Sold, August 2021: AED 2,400,000 (AED 1,415 per sqft)

901 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 901, each contractTypical two-bed in Murjan Tower
200K2012201620202024Typical 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, March 2017: AED 220,000 a yearNew contract, October 2018: AED 187,000 a yearRenewal, October 2019: AED 180,000 a yearNew contract, October 2020: AED 150,000 a yearNew contract, December 2022: AED 260,000 a yearNew contract, August 2023: AED 357,120 a yearRenewal, December 2023: AED 240,000 a yearRenewal, December 2023: AED 240,000 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 901 sits

All 102 2-beds →

901 last sold in August 2021 at AED 1,415 per sqft, 6% above what two-beds in Murjan Tower were fetching at the time (AED 1,337). 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. 901's AED 240,000 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 9th floor

All 278 units in Murjan Tower
Value
9021-bedAED 2.4M · Apr 2024
9033-bedAED 3.5M · Dec 2022
9051-bedAED 950K · Dec 2020
9062-bedAED 1.19M · Sep 2012
9071-bedAED 1.6M · Feb 2022
9082-bedAED 2.7M · Feb 2019
9091-bedAED 1.5M · Aug 2020

901, Murjan Tower in numbers

  • Sold 5 times: first on 19 May 2008 for AED 2,400,000, last on 25 August 2021 for AED 2,400,000 (AED 1,415 per sqft).
  • Rented since March 2017 on 8 Ejari contracts. The rent fell from AED 220,000 to AED 150,000 in 2020 and recovered to AED 240,000 by December 2023.
  • At AED 240,000 a year the gross yield on the 2021 price is 10.0%, 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 21 December 2023.

Questions about 901, Murjan Tower

What did unit 901 last sell for?

AED 2,400,000 on 25 August 2021: AED 1,415 per sqft for 1,695 sqft. The unit has 5 registered sales; the first was AED 2,400,000 in May 2008.

What is the rent for unit 901?

AED 240,000 a year on the contract renewed on 21 December 2023. The previous contract, from December 2023, was AED 240,000; the unit has been rented since March 2017.

How big is unit 901?

1,695 sqft (157.5 sqm): a two-bedroom apartment on the 9th floor of a 37-storey tower completed in 2004.

What is unit 901 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 901, Murjan Tower

Starts from the last sale price (AED 2.4M, 25 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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