2-bed · 1,695 sqftMurjan Tower, Dubai Marina · 15th floor · completed 2004

1508, Murjan Tower

Sold prices and rental history: sold twice, last in February 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 2.4M13 February 2012
Current rentAED 215K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, Murjan Tower

What is 1508 worth today?

Last sold for AED 2,400,000 in 2012

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1 Jun 2025RentedRenewal
AED 215,000/yr12 months · AED 127 per sqft
1 Jun 2023RentedNew contract
AED 215,000/yr12 months · AED 127 per sqft
20 Apr 2022RentedRenewal
AED 155,000/yr12 months · AED 92 per sqft
20 Apr 2021RentedRenewal
AED 130,000/yr12 months · AED 77 per sqft
20 Jan 2020RentedRenewal
AED 160,000/yr15 months · AED 95 per sqft
20 Jan 2019RentedRenewal
AED 180,000/yr12 months · AED 107 per sqft
20 Jan 2018RentedNew contract
AED 180,000/yr12 months · AED 107 per sqft
15 Jun 2017RentedNew contract
AED 234,000/yr12 months · AED 138 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
2-bed apartment
Size
1,695 sqft
Floor
15th of 37
Parking
2399 , 2400
Developer
Emaar
Completed
2004
Service charge
AED 25,300 /yr
Last sold
AED 2.4M · February 2012
Building
Murjan Tower

About 1508, Murjan Tower

1508 is a two-bedroom apartment of 1,695 sqft on the 15th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 13 February 2012 for AED 2,400,000, or AED 1,415 per sqft, 84% above the AED 771 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 215,000 a year: a gross yield of 9.0% on the 2012 price, before the service charge of about AED 25,300 a year.

Sales and rents for 1508 over time

Sales
Unit 1508, each saleTypical two-bed in Murjan Tower
2M2008201320182023Typical sale price by year: 2008 AED 1,545,000; 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 3,150,000Sold by developer, July 2010: AED 642,000 (AED 378 per sqft)Sold, February 2012: AED 2,400,000 (AED 1,415 per sqft)

1508 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1508, 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 197,000; 2017 AED 190,000; 2018 AED 160,000; 2019 AED 150,000; 2020 AED 127,500; 2021 AED 121,000; 2022 AED 135,000; 2023 AED 156,350; 2024 AED 172,500; 2025 AED 180,000; 2026 AED 175,000New contract, June 2013: AED 180,000 a yearNew contract, June 2014: AED 210,000 a yearNew contract, June 2015: AED 234,000 a yearRenewal, June 2016: AED 234,000 a yearNew contract, June 2017: AED 234,000 a yearNew contract, January 2018: AED 180,000 a yearRenewal, January 2019: AED 180,000 a yearRenewal, January 2020: AED 160,000 a yearRenewal, April 2021: AED 130,000 a yearRenewal, April 2022: AED 155,000 a yearNew contract, June 2023: AED 215,000 a yearRenewal, June 2025: AED 215,000 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 1508 sits

All 101 2-beds →

1508 last sold in February 2012 at AED 1,415 per sqft, 84% above what two-beds in Murjan Tower were fetching at the time (AED 771). Over the last 12 months two-beds sold for AED 4,750,000, around AED 2,795 per sqft, and rent for AED 135,000 to 204,750 a year. 1508's AED 215,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Feb 20264,750,000
14 Jul 20253,750,000
11 Dec 20243,150,000
27 Nov 20244,500,000
1 2-bed sale 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. 3 sold in the last 12 months.

Typical price per sqft
AED 2,170
Typical sale
AED 4.75M
Typical rent
AED 160K /yr
Typical yield
5.0%
Murjan Tower, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 278 units in Murjan Tower
Value
15012-bedAED 1.28M · Jun 2009
15021-bedAED 853K · Mar 2009
15032-bedAED 1.2M · Apr 2010
15041-bedAED 900K · Feb 2013
15051-bedAED 1.65M · Jul 2021
15062-bedAED 1.28M · Jul 2010
15071-bedAED 2.06M · May 2017
1–7 of 8

1508, Murjan Tower in numbers

  • Sold twice: first on 1 July 2010 for AED 642,000, last on 13 February 2012 for AED 2,400,000 (AED 1,415 per sqft).
  • Rented since June 2013 on 12 Ejari contracts. The rent fell from AED 180,000 to AED 130,000 in 2021 and recovered to AED 215,000 by June 2025.
  • At AED 215,000 a year the gross yield on the 2012 price is 9.0%, before a service charge of about AED 25,300 a year (AED 14.90 per sqft).
  • Two-beds in Murjan Tower sold for AED 4,750,000–4,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,170 per sqft.

Source: Dubai Land Department. Updated 1 June 2025.

Questions about 1508, Murjan Tower

What did unit 1508 last sell for?

AED 2,400,000 on 13 February 2012: AED 1,415 per sqft for 1,695 sqft. The unit has 2 registered sales; the first was AED 642,000 in July 2010.

What is the rent for unit 1508?

AED 215,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2023, was AED 215,000; the unit has been rented since June 2013.

How big is unit 1508?

1,695 sqft (157.5 sqm): a two-bedroom apartment on the 15th floor of a 37-storey tower completed in 2004.

What is unit 1508 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 4,750,000 to 4,750,000 in the last 12 months, around AED 2,795 per sqft.

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Mortgage on 1508, Murjan Tower

Starts from the last sale price (AED 2.4M, 13 February 2012). 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 AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →