2-bed · 1,510 sqftMurjan Tower, Dubai Marina · 25th floor · completed 2004

2502, Murjan Tower

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2502 · DLD and Ejari recordsUpdated 22 June 2023
Last soldAED 2.8M22 June 2023
Current rentAED 145K /yr12 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2502, Murjan Tower

What is 2502 worth today?

Last sold for AED 2,800,000 in 2023

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22 Jun 2023SoldReady
AED 2,800,000AED 1,854 per sqft
12 Oct 2022RentedNew contract
AED 145,000/yr12 months · AED 96 per sqft
12 Oct 2021RentedNew contract
AED 145,000/yr12 months · AED 96 per sqft
16 Jan 2017SoldReady
AED 2,730,000AED 1,807 per sqft
22 Nov 2014RentedNew contract
AED 145,000/yr12 months · AED 96 per sqft
22 Nov 2013RentedNew contract
AED 145,000/yr12 months · AED 96 per sqft
22 Nov 2012RentedNew contract
AED 145,000/yr12 months · AED 96 per sqft
7 May 2009Sold by developerReady
AED 1,101,000AED 729 per sqft

Source: Dubai Land Department. Updated 22 June 2023.

Key facts

Type
2-bed apartment
Size
1,510 sqft
Floor
25th of 37
Parking
2126
Developer
Emaar
Completed
2004
Service charge
AED 22,500 /yr
Last sold
AED 2.8M · June 2023
Building
Murjan Tower

About 2502, Murjan Tower

2502 is a two-bedroom apartment of 1,510 sqft on the 25th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 22 June 2023 for AED 2,800,000, or AED 1,854 per sqft, 29% above the AED 1,433 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 12 October 2022, is AED 145,000 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 22,500 a year.

Sales and rents for 2502 over time

Sales
Unit 2502, 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, May 2009: AED 1,101,000 (AED 729 per sqft)Sold, January 2017: AED 2,730,000 (AED 1,807 per sqft)Sold, June 2023: AED 2,800,000 (AED 1,854 per sqft)

2502 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2502, 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, November 2012: AED 145,000 a yearNew contract, November 2013: AED 145,000 a yearNew contract, November 2014: AED 145,000 a yearNew contract, October 2021: AED 145,000 a yearNew contract, October 2022: AED 145,000 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 2502 sits

All 101 2-beds →

2502 last sold in June 2023 at AED 1,854 per sqft, 29% above what two-beds in Murjan Tower were fetching at the time (AED 1,433). 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. 2502's AED 145,000 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 25th floor

All 278 units in Murjan Tower
Value
25013-bedAED 3.75M · Apr 2012
25033-bedAED 3M · Nov 2009
25043-bedAED 1.73M · Mar 2012
25052-bedAED 1.11M · Mar 2009
25063-bedAED 1.79M · Apr 2015

2502, Murjan Tower in numbers

  • Sold 3 times: first on 7 May 2009 for AED 1,101,000, last on 22 June 2023 for AED 2,800,000 (AED 1,854 per sqft).
  • Rented since November 2012 on 5 Ejari contracts, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2023 price is 5.2%, before a service charge of about AED 22,500 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 22 June 2023.

Questions about 2502, Murjan Tower

What did unit 2502 last sell for?

AED 2,800,000 on 22 June 2023: AED 1,854 per sqft for 1,510 sqft. The unit has 3 registered sales; the first was AED 1,101,000 in May 2009.

What is the rent for unit 2502?

AED 145,000 a year on the contract signed on 12 October 2022. The previous contract, from October 2021, was AED 145,000; the unit has been rented since November 2012.

How big is unit 2502?

1,510 sqft (140.3 sqm): a two-bedroom apartment on the 25th floor of a 37-storey tower completed in 2004.

What is unit 2502 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 2502, Murjan Tower

Starts from the last sale price (AED 2.8M, 22 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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