2-bed · 1,570 sqftMurjan Tower, Dubai Marina · 5th floor · completed 2004

503, Murjan Tower

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 10 August 2025
Last soldAED 1.09M12 March 2009
Current rentAED 200K /yr10 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Murjan Tower

What is 503 worth today?

Last sold for AED 1,089,000 in 2009

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10 Aug 2025RentedNew contract
AED 200,000/yr12 months · AED 127 per sqft
1 Jul 2024RentedNew contract
AED 175,000/yr12 months · AED 111 per sqft
7 Dec 2022RentedRenewal
AED 93,491/yr10 months · AED 59 per sqft
7 Dec 2021RentedRenewal
AED 93,500/yr12 months · AED 59 per sqft
7 Dec 2020RentedNew contract
AED 85,000/yr12 months · AED 54 per sqft
1 Oct 2019RentedNew contract
AED 105,000/yr12 months · AED 67 per sqft
17 Aug 2017RentedNew contract
AED 140,000/yr12 months · AED 89 per sqft
1 Jan 2014RentedNew contract
AED 125,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 10 August 2025.

Key facts

Type
2-bed apartment
Size
1,570 sqft
Floor
5th of 37
Parking
29
Developer
Emaar
Completed
2004
Service charge
AED 23,400 /yr
Last sold
AED 1.09M · March 2009
Building
Murjan Tower

About 503, Murjan Tower

503 is a two-bedroom apartment of 1,570 sqft on the 5th floor of Murjan Tower, a 37-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 12 March 2009 for AED 1,089,000, or AED 693 per sqft, 9% below the AED 763 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 10 August 2025, is AED 200,000 a year: a gross yield of 18.4% on the 2009 price, before the service charge of about AED 23,400 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, March 2009: AED 1,089,000 (AED 693 per sqft)

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

Rents
Unit 503, each contractTypical two-bed in Murjan Tower
100K200K2012201620202024Typical 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, January 2014: AED 125,000 a yearNew contract, August 2017: AED 140,000 a yearNew contract, October 2019: AED 105,000 a yearNew contract, December 2020: AED 85,000 a yearRenewal, December 2021: AED 93,500 a yearRenewal, December 2022: AED 93,491 a yearNew contract, July 2024: AED 175,000 a yearNew contract, August 2025: AED 200,000 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 503 sits

All 101 2-beds →

503 last sold in March 2009 at AED 693 per sqft, 9% below what two-beds in Murjan Tower were fetching at the time (AED 763). 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. 503's AED 200,000 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 5th floor

All 278 units in Murjan Tower
Value
5012-bedAED 4.41M · May 2024
5021-bedAED 2.4M · Oct 2014
5041-bedAED 383K · Aug 2010
505AED 2.2M · Sep 2025
5062-bedAED 2.2M · Sep 2022
5071-bedAED 2.35M · Apr 2025
5082-bedAED 2.9M · Dec 2017
1–7 of 8

503, Murjan Tower in numbers

  • Sold once: by Emaar on 12 March 2009 for AED 1,089,000, or AED 693 per sqft.
  • Rented since January 2014 on 8 Ejari contracts. The rent fell from AED 125,000 to AED 85,000 in 2020 and recovered to AED 200,000 by August 2025.
  • At AED 200,000 a year the gross yield on the 2009 price is 18.4%, before a service charge of about AED 23,400 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 August 2025.

Questions about 503, Murjan Tower

What did unit 503 last sell for?

AED 1,089,000 on 12 March 2009, sold by the developer: AED 693 per sqft for 1,570 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 200,000 a year on the contract signed on 10 August 2025. The previous contract, from July 2024, was AED 175,000; the unit has been rented since January 2014.

How big is unit 503?

1,570 sqft (145.9 sqm): a two-bedroom apartment on the 5th floor of a 37-storey tower completed in 2004.

What is unit 503 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 503, Murjan Tower

Starts from the last sale price (AED 1.09M, 12 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,089,000
Deposit, UAE resident (20%)
AED 217,800
Deposit, non-resident (40%)
AED 435,600
Monthly over 25 years at 3.7%
AED 4,455

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