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3-bed · 2,755 sqftMurjan Tower, Dubai Marina · 9th floor · completed 2004

903, Murjan Tower

Sold prices and rental history: sold twice, last in December 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 26 July 2023
Last soldAED 3.5M7 December 2022
Current rentAED 200K /yr26 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 903, Murjan Tower

What is 903 worth today?

Last sold for AED 3,500,000 in 2022

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26 Jul 2023RentedNew contract
AED 200,000/yr6 months · AED 73 per sqft
7 Dec 2022SoldReady
AED 3,500,000AED 1,270 per sqft
27 Jul 2021RentedRenewal
AED 185,000/yr12 months · AED 67 per sqft
26 Jul 2020RentedNew contract
AED 184,504/yr12 months · AED 67 per sqft
11 Jul 2010Sold by developerReady
AED 3,366,000AED 1,221 per sqft

Source: Dubai Land Department. Updated 26 July 2023.

Key facts

Type
3-bed apartment
Size
2,755 sqft
Floor
9th of 37
Parking
2451 , 2452
Developer
Emaar
Completed
2004
Service charge
AED 41,100 /yr
Last sold
AED 3.5M · December 2022
Building
Murjan Tower

About 903, Murjan Tower

903 is a three-bedroom apartment of 2,755 sqft on the 9th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 7 December 2022 for AED 3,500,000, or AED 1,270 per sqft, 26% below the AED 1,706 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 26 July 2023, is AED 200,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 41,100 a year.

Sales and rents for 903 over time

Sales
Unit 903, each saleTypical three-bed in Murjan Tower
2.5M5M7.5M2008201320182023Typical 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, July 2010: AED 3,366,000 (AED 1,221 per sqft)Sold, December 2022: AED 3,500,000 (AED 1,270 per sqft)

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

Rents
Unit 903, each contractTypical three-bed in Murjan Tower
150K200K250K2012201620202024Typical 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, July 2020: AED 184,504 a yearRenewal, July 2021: AED 185,000 a yearNew contract, July 2023: AED 200,000 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 903 sits

All 68 3-beds →

903 last sold in December 2022 at AED 1,270 per sqft, 26% below what three-beds in Murjan Tower were fetching at the time (AED 1,706). 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. 903's AED 200,000 is in the lower half 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 9th floor

All 278 units in Murjan Tower
Value
9012-bedAED 2.4M · Aug 2021
9021-bedAED 2.4M · Apr 2024
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

903, Murjan Tower in numbers

  • Sold twice: first on 11 July 2010 for AED 3,366,000, last on 7 December 2022 for AED 3,500,000 (AED 1,270 per sqft).
  • Rented since July 2020 on 3 Ejari contracts, from AED 184,504 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2022 price is 5.7%, 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 26 July 2023.

Questions about 903, Murjan Tower

What did unit 903 last sell for?

AED 3,500,000 on 7 December 2022: AED 1,270 per sqft for 2,755 sqft. The unit has 2 registered sales; the first was AED 3,366,000 in July 2010.

What is the rent for unit 903?

AED 200,000 a year on the contract signed on 26 July 2023. The previous contract, from July 2021, was AED 185,000; the unit has been rented since July 2020.

How big is unit 903?

2,755 sqft (255.9 sqm): a three-bedroom apartment on the 9th floor of a 37-storey tower completed in 2004.

What is unit 903 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 903, Murjan Tower

Starts from the last sale price (AED 3.5M, 7 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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