2-bed · 1,565 sqftMurjan Tower, Dubai Marina · 2nd floor · completed 2004

205, Murjan Tower

Sold prices and rental history: sold once, by the developer in October 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 1.07M7 October 2010
Current rentAED 136K /yr10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Murjan Tower

What is 205 worth today?

Last sold for AED 1,074,000 in 2010

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10 Jun 2024RentedRenewal
AED 136,000/yr9 months · AED 87 per sqft
10 Jun 2023RentedRenewal
AED 130,000/yr12 months · AED 83 per sqft
10 Jun 2022RentedRenewal
AED 120,000/yr12 months · AED 77 per sqft
10 Jun 2021RentedRenewal
AED 120,000/yr12 months · AED 77 per sqft
3 Aug 2018RentedRenewal
AED 138,664/yr3 months · AED 89 per sqft
3 Aug 2017RentedNew contract
AED 152,000/yr12 months · AED 97 per sqft
20 Mar 2015RentedNew contract
AED 152,000/yr12 months · AED 97 per sqft
20 Mar 2014RentedNew contract
AED 152,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
2-bed apartment
Size
1,565 sqft
Floor
2nd of 37
Parking
2181
Developer
Emaar
Completed
2004
Service charge
AED 23,300 /yr
Last sold
AED 1.07M · October 2010
Building
Murjan Tower

About 205, Murjan Tower

205 is a two-bedroom apartment of 1,565 sqft on the 2nd floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 7 October 2010 for AED 1,074,000, or AED 686 per sqft, 6% below the AED 732 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 10 June 2024, is AED 136,000 a year: a gross yield of 12.7% on the 2010 price, before the service charge of about AED 23,300 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical two-bed in Murjan Tower
1M2M3M2008201320182023Typical 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, October 2010: AED 1,074,000 (AED 686 per sqft)

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

Rents
Unit 205, 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 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, March 2012: AED 125,000 a yearNew contract, March 2013: AED 135,000 a yearNew contract, March 2014: AED 152,000 a yearNew contract, March 2015: AED 152,000 a yearNew contract, August 2017: AED 152,000 a yearRenewal, August 2018: AED 138,664 a yearRenewal, June 2021: AED 120,000 a yearRenewal, June 2022: AED 120,000 a yearRenewal, June 2023: AED 130,000 a yearRenewal, June 2024: AED 136,000 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 205 sits

All 101 2-beds →

205 last sold in October 2010 at AED 686 per sqft, 6% below what two-beds in Murjan Tower were fetching at the time (AED 732). 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. 205's AED 136,000 is in the lower half 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 2nd floor

All 278 units in Murjan Tower
Value
2012-bedAED 2.22M · Mar 2011
2022-bedAED 1.1M · Feb 2009
2033-bedAED 1.72M · Jul 2008
2043-bedAED 3.95M · Oct 2013
2062-bedAED 1.09M · Jul 2010
2071-bedAED 1.95M · Sep 2017

205, Murjan Tower in numbers

  • Sold once: by Emaar on 7 October 2010 for AED 1,074,000, or AED 686 per sqft.
  • Rented since March 2012 on 10 Ejari contracts, from AED 125,000 to AED 136,000 a year.
  • At AED 136,000 a year the gross yield on the 2010 price is 12.7%, before a service charge of about AED 23,300 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 10 June 2024.

Questions about 205, Murjan Tower

What did unit 205 last sell for?

AED 1,074,000 on 7 October 2010, sold by the developer: AED 686 per sqft for 1,565 sqft. It is the only registered sale of the unit.

What is the rent for unit 205?

AED 136,000 a year on the contract renewed on 10 June 2024. The previous contract, from June 2023, was AED 130,000; the unit has been rented since March 2012.

How big is unit 205?

1,565 sqft (145.4 sqm): a two-bedroom apartment on the 2nd floor of a 37-storey tower completed in 2004.

What is unit 205 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 205, Murjan Tower

Starts from the last sale price (AED 1.07M, 7 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,074,000
Deposit, UAE resident (20%)
AED 214,800
Deposit, non-resident (40%)
AED 429,600
Monthly over 25 years at 3.7%
AED 4,394

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