3-bed · 1,922 sqftMurjan 1, Jumeirah Beach Residence · 1st floor · completed 2007

101, Murjan 1

Sold prices and rental history: sold twice, last in August 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 10 November 2016
Last soldAED 2.3M29 August 2016
Current rentAED 160K /yr10 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Murjan 1

What is 101 worth today?

Last sold for AED 2,300,000 in 2016

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10 Nov 2016RentedNew contract
AED 160,000/yr12 months · AED 83 per sqft
29 Aug 2016SoldReady
AED 2,300,000AED 1,196 per sqft
10 Nov 2015RentedRenewal
AED 170,000/yr12 months · AED 88 per sqft
10 Nov 2014RentedNew contract
AED 170,000/yr12 months · AED 88 per sqft
9 Oct 2013RentedNew contract
AED 165,000/yr12 months · AED 86 per sqft
22 Sep 2013Sold by developerReady
AED 3,299,000AED 1,716 per sqft

Source: Dubai Land Department. Updated 10 November 2016.

Key facts

Type
3-bed apartment
Size
1,922 sqft
Floor
1st of 47
Parking
G207-207a
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,600 /yr
Last sold
AED 2.3M · August 2016
Building
Murjan 1

About 101, Murjan 1

101 is a three-bedroom apartment of 1,922 sqft on the 1st floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 29 August 2016 for AED 2,300,000, or AED 1,196 per sqft, in line with the AED 1,196 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 10 November 2016, is AED 160,000 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 28,600 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical three-bed in Murjan 1
2M20072012201720222027Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 699,000; 2010 AED 1,345,000; 2011 AED 1,280,000; 2012 AED 1,525,000; 2013 AED 1,678,000; 2014 AED 1,799,500; 2015 AED 2,575,000; 2016 AED 2,300,000; 2017 AED 1,990,000; 2020 AED 1,270,000; 2021 AED 1,755,556; 2022 AED 2,100,000; 2023 AED 2,360,000; 2024 AED 2,750,000; 2025 AED 2,825,000; 2026 AED 2,605,000Sold by developer, September 2013: AED 3,299,000 (AED 1,716 per sqft)Sold, August 2016: AED 2,300,000 (AED 1,196 per sqft)

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

Rents
Unit 101, each contractTypical three-bed in Murjan 1
100K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 140,000; 2014 AED 160,000; 2015 AED 169,544; 2016 AED 165,000; 2017 AED 160,000; 2018 AED 147,839; 2019 AED 130,000; 2020 AED 110,000; 2021 AED 107,500; 2022 AED 129,000; 2023 AED 140,000; 2024 AED 160,000; 2025 AED 171,000; 2026 AED 165,000New contract, October 2013: AED 165,000 a yearNew contract, November 2014: AED 170,000 a yearRenewal, November 2015: AED 170,000 a yearNew contract, November 2016: AED 160,000 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 1, and where 101 sits

All 103 3-beds →

101 last sold in August 2016 at AED 1,196 per sqft, in line with what three-beds in Murjan 1 were fetching at the time (AED 1,196). Over the last 12 months three-beds sold for AED 900,000 to 3,050,000, around AED 1,328 per sqft, and rent for AED 100,000 to 250,000 a year. 101's AED 160,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20262,500,000
27 Aug 20262,605,000
29 Jul 20262,675,000
17 Jul 20262,500,000
10 3-bed sales in the last 12 months

Murjan 1

Building

340 apartments, 1-bed to 4-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 28 sold in the last 12 months.

Typical price per sqft
AED 1,520 Up 0.7%
Typical sale
AED 2.35M
Typical rent
AED 118K /yr
Typical yield
5.8%
Murjan 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 1st floor

All 340 units in Murjan 1
Value
1031-bedAED 2M · Feb 2024
1041-bedAED 896K · Jun 2021
1051-bedAED 167K · Nov 2021
1061-bedAED 1.51M · Aug 2026
1073-bedAED 2.2M · May 2016
1083-bedAED 600K · May 2009

101, Murjan 1 in numbers

  • Sold twice: first on 22 September 2013 for AED 3,299,000, last on 29 August 2016 for AED 2,300,000 (AED 1,196 per sqft).
  • Rented since October 2013 on 4 Ejari contracts, from AED 165,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2016 price is 7.0%, before a service charge of about AED 28,600 a year (AED 14.89 per sqft).
  • Three-beds in Murjan 1 sold for AED 900,000–3,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,520 per sqft.

Source: Dubai Land Department. Updated 10 November 2016.

Questions about 101, Murjan 1

What did unit 101 last sell for?

AED 2,300,000 on 29 August 2016: AED 1,196 per sqft for 1,922 sqft. The unit has 2 registered sales; the first was AED 3,299,000 in September 2013.

What is the rent for unit 101?

AED 160,000 a year on the contract signed on 10 November 2016. The previous contract, from November 2015, was AED 170,000; the unit has been rented since October 2013.

How big is unit 101?

1,922 sqft (178.6 sqm): a three-bedroom apartment on the 1st floor of a 47-storey tower completed in 2007.

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Murjan 1 sold for AED 900,000 to 3,050,000 in the last 12 months, around AED 1,328 per sqft.

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Mortgage on 101, Murjan 1

Starts from the last sale price (AED 2.3M, 29 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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