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3-bed · 2,390 sqftMurjan Tower, Dubai Marina · 27th floor · completed 2004

2703, Murjan Tower

Sold prices and rental history: sold twice, last in April 2008, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2703 · DLD and Ejari recordsUpdated 18 August 2024
Last soldAED 4M16 April 2008
Current rentAED 240K /yr18 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2703, Murjan Tower

What is 2703 worth today?

Last sold for AED 4,000,000 in 2008

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18 Aug 2024RentedRenewal
AED 240,000/yr24 months · AED 100 per sqft
18 Aug 2023RentedNew contract
AED 220,000/yr12 months · AED 92 per sqft
8 Mar 2023RentedRenewal
AED 152,250/yr4 months · AED 64 per sqft
8 Mar 2022RentedRenewal
AED 152,250/yr12 months · AED 64 per sqft
1 Mar 2020RentedRenewal
AED 160,000/yr12 months · AED 67 per sqft
1 Mar 2019RentedNew contract
AED 170,000/yr12 months · AED 71 per sqft
16 Apr 2008Sold by developerReady
AED 4,000,000AED 1,673 per sqft
16 Apr 2008SoldReady
AED 3,560,000AED 1,489 per sqft

Source: Dubai Land Department. Updated 18 August 2024.

Key facts

Type
3-bed apartment
Size
2,390 sqft
Floor
27th of 37
Parking
2077 , 2078
Developer
Emaar
Completed
2004
Service charge
AED 35,600 /yr
Last sold
AED 4M · April 2008
Building
Murjan Tower

About 2703, Murjan Tower

2703 is a three-bedroom apartment of 2,390 sqft on the 27th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 16 April 2008 for AED 4,000,000, or AED 1,673 per sqft.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 18 August 2024, is AED 240,000 a year: a gross yield of 6.0% on the 2008 price, before the service charge of about AED 35,600 a year.

Sales and rents for 2703 over time

Sales
Unit 2703, 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 6,715,000Sold by developer, April 2008: AED 4,000,000 (AED 1,673 per sqft)Sold, April 2008: AED 3,560,000 (AED 1,489 per sqft)

2703 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2703, each contractTypical three-bed in Murjan Tower
200K300K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 229,000; 2014 AED 230,000; 2015 AED 247,500; 2016 AED 225,000; 2017 AED 212,926; 2018 AED 215,000; 2019 AED 195,000; 2020 AED 160,000; 2021 AED 155,000; 2022 AED 182,500; 2023 AED 200,000; 2024 AED 220,000; 2025 AED 225,000; 2026 AED 307,500New contract, March 2019: AED 170,000 a yearRenewal, March 2020: AED 160,000 a yearRenewal, March 2022: AED 152,250 a yearRenewal, March 2023: AED 152,250 a yearNew contract, August 2023: AED 220,000 a yearRenewal, August 2024: AED 240,000 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 2703 sits

All 68 3-beds →

Over the last 12 months three-beds sold for AED 5,200,000, around AED 2,170 per sqft, and rent for AED 265,000 to 340,000 a year. 2703's AED 240,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
15 Jan 20265,200,000
30 Apr 20257,500,000
27 Feb 20254,400,000
14 Feb 20257,180,000
1 3-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 27th floor

All 278 units in Murjan Tower
Value
27013-bedAED 1.77M · Mar 2009
27022-bedAED 1.14M · Mar 2009
27043-bedAED 4.55M · Jul 2024
27052-bedAED 2.45M · Jun 2022
27063-bedAED 4.45M · Sep 2021

2703, Murjan Tower in numbers

  • Sold twice: first on 16 April 2008 for AED 3,560,000, last on 16 April 2008 for AED 4,000,000 (AED 1,673 per sqft).
  • Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 170,000 to AED 152,250 in 2023 and recovered to AED 240,000 by August 2024.
  • At AED 240,000 a year the gross yield on the 2008 price is 6.0%, before a service charge of about AED 35,600 a year (AED 14.90 per sqft).
  • Three-beds in Murjan Tower sold for AED 5,200,000–5,200,000 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 18 August 2024.

Questions about 2703, Murjan Tower

What did unit 2703 last sell for?

AED 4,000,000 on 16 April 2008, sold by the developer: AED 1,673 per sqft for 2,390 sqft. The unit has 2 registered sales; the first was AED 3,560,000 in April 2008.

What is the rent for unit 2703?

AED 240,000 a year on the contract renewed on 18 August 2024. The previous contract, from August 2023, was AED 220,000; the unit has been rented since March 2019.

How big is unit 2703?

2,390 sqft (222.0 sqm): a three-bedroom apartment on the 27th floor of a 37-storey tower completed in 2004.

What is unit 2703 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 5,200,000 to 5,200,000 in the last 12 months, around AED 2,170 per sqft.

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Mortgage on 2703, Murjan Tower

Starts from the last sale price (AED 4M, 16 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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