2-bed · 1,510 sqftMurjan Tower, Dubai Marina · 28th floor · completed 2004

2802, Murjan Tower

Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2802 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 1.11M11 November 2014
Current rentAED 170K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2802, Murjan Tower

What is 2802 worth today?

Last sold for AED 1,111,000 in 2014

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1 Jun 2024RentedRenewal
AED 170,000/yr12 months · AED 113 per sqft
1 Jun 2023RentedRenewal
AED 170,000/yr12 months · AED 113 per sqft
1 Jun 2022RentedRenewal
AED 170,000/yr12 months · AED 113 per sqft
1 Jun 2020RentedRenewal
AED 132,500/yr12 months · AED 88 per sqft
1 Jun 2018RentedRenewal
AED 155,520/yr12 months · AED 103 per sqft
31 Dec 2015RentedNew contract
AED 185,000/yr12 months · AED 123 per sqft
11 Nov 2014Sold by developerReady
AED 1,111,000AED 735 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
1,510 sqft
Floor
28th of 37
Parking
2048
Developer
Emaar
Completed
2004
Service charge
AED 22,500 /yr
Last sold
AED 1.11M · November 2014
Building
Murjan Tower

About 2802, Murjan Tower

2802 is a two-bedroom apartment of 1,510 sqft on the 28th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 11 November 2014 for AED 1,111,000, or AED 735 per sqft, 61% below the AED 1,891 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 170,000 a year: a gross yield of 15.3% on the 2014 price, before the service charge of about AED 22,500 a year.

Sales and rents for 2802 over time

Sales
Unit 2802, 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, November 2014: AED 1,111,000 (AED 735 per sqft)

2802 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2802, 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, December 2015: AED 185,000 a yearRenewal, June 2018: AED 155,520 a yearRenewal, June 2020: AED 132,500 a yearRenewal, June 2022: AED 170,000 a yearRenewal, June 2023: AED 170,000 a yearRenewal, June 2024: AED 170,000 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 2802 sits

All 101 2-beds →

2802 last sold in November 2014 at AED 735 per sqft, 61% below what two-beds in Murjan Tower were fetching at the time (AED 1,891). 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. 2802's AED 170,000 is in the upper 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 28th floor

All 278 units in Murjan Tower
Value
28013-bedAED 3.1M · May 2019
28033-bedAED 1.83M · Jun 2015
28043-bedAED 1.7M · May 2008
28052-bedAED 1.12M · Mar 2009
28063-bedAED 2.7M · Jan 2021

2802, Murjan Tower in numbers

  • Sold once: by Emaar on 11 November 2014 for AED 1,111,000, or AED 735 per sqft.
  • Rented since December 2015 on 6 Ejari contracts. The rent fell from AED 185,000 to AED 132,500 in 2020 and recovered to AED 170,000 by June 2024.
  • At AED 170,000 a year the gross yield on the 2014 price is 15.3%, 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 1 June 2024.

Questions about 2802, Murjan Tower

What did unit 2802 last sell for?

AED 1,111,000 on 11 November 2014, sold by the developer: AED 735 per sqft for 1,510 sqft. It is the only registered sale of the unit.

What is the rent for unit 2802?

AED 170,000 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 170,000; the unit has been rented since December 2015.

How big is unit 2802?

1,510 sqft (140.3 sqm): a two-bedroom apartment on the 28th floor of a 37-storey tower completed in 2004.

What is unit 2802 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 2802, Murjan Tower

Starts from the last sale price (AED 1.11M, 11 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,111,000
Deposit, UAE resident (20%)
AED 222,200
Deposit, non-resident (40%)
AED 444,400
Monthly over 25 years at 3.7%
AED 4,545

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