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3-bed · 2,230 sqftMurjan Tower, Dubai Marina · Ground floor · completed 2004

G03, Murjan Tower

Sold prices and rental history: sold 3 times, last in June 2022, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 22 June 2022
Last soldAED 3.48M22 June 2022
Current rentAED 137K /yr15 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G03, Murjan Tower

What is G03 worth today?

Last sold for AED 3,475,000 in 2022

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22 Jun 2022SoldReady
AED 3,475,000AED 1,558 per sqft
15 Jan 2022RentedRenewal
AED 136,500/yr10 months · AED 61 per sqft
15 Jan 2021RentedNew contract
AED 130,000/yr12 months · AED 58 per sqft
21 Apr 2013SoldReady
AED 3,090,000AED 1,385 per sqft
24 Jun 2012RentedNew contract
AED 220,000/yr12 months · AED 99 per sqft
10 Jul 2008Sold by developerReady
AED 2,233,000AED 1,001 per sqft

Source: Dubai Land Department. Updated 22 June 2022.

Key facts

Type
3-bed apartment
Size
2,230 sqft
Floor
Ground of 37
Parking
2465 , 2466
Developer
Emaar
Completed
2004
Service charge
AED 33,200 /yr
Last sold
AED 3.48M · June 2022
Building
Murjan Tower

About G03, Murjan Tower

G03 is a three-bedroom apartment of 2,230 sqft on the ground floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 22 June 2022 for AED 3,475,000, or AED 1,558 per sqft, 16% below the AED 1,854 three-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 15 January 2022, is AED 136,500 a year: a gross yield of 3.9% on the 2022 price, before the service charge of about AED 33,200 a year.

Sales and rents for G03 over time

Sales
Unit G03, 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 2008: AED 2,233,000 (AED 1,001 per sqft)Sold, April 2013: AED 3,090,000 (AED 1,385 per sqft)Sold, June 2022: AED 3,475,000 (AED 1,558 per sqft)

G03 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit G03, each contractTypical three-bed in Murjan Tower
200K2012201620202024Typical 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, June 2012: AED 220,000 a yearNew contract, January 2021: AED 130,000 a yearRenewal, January 2022: AED 136,500 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 G03 sits

All 68 3-beds →

G03 last sold in June 2022 at AED 1,558 per sqft, 16% below what three-beds in Murjan Tower were fetching at the time (AED 1,854). 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. G03's AED 136,500 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 ground floor

All 278 units in Murjan Tower
Value
G012-bedAED 2.85M · Feb 2016
G022-bedAED 2.3M · Mar 2016
G043-bedAED 3.8M · Feb 2023
G051-bedAED 1.4M · Oct 2011
G062-bedAED 1.18M · Jun 2010
G071-bedAED 3M · Aug 2023

G03, Murjan Tower in numbers

  • Sold 3 times: first on 10 July 2008 for AED 2,233,000, last on 22 June 2022 for AED 3,475,000 (AED 1,558 per sqft).
  • Rented since June 2012 on 3 Ejari contracts, from AED 220,000 to AED 136,500 a year.
  • At AED 136,500 a year the gross yield on the 2022 price is 3.9%, before a service charge of about AED 33,200 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 22 June 2022.

Questions about G03, Murjan Tower

What did unit G03 last sell for?

AED 3,475,000 on 22 June 2022: AED 1,558 per sqft for 2,230 sqft. The unit has 3 registered sales; the first was AED 2,233,000 in July 2008.

What is the rent for unit G03?

AED 136,500 a year on the contract renewed on 15 January 2022. The previous contract, from January 2021, was AED 130,000; the unit has been rented since June 2012.

How big is unit G03?

2,230 sqft (207.2 sqm): a three-bedroom apartment on the ground floor of a 37-storey tower completed in 2004.

What is unit G03 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 G03, Murjan Tower

Starts from the last sale price (AED 3.48M, 22 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,475,000
Deposit, UAE resident (20%)
AED 695,000
Deposit, non-resident (40%)
AED 1,390,000
Monthly over 25 years at 3.7%
AED 14,217

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