3-bed · 1,922 sqftMurjan 1, Jumeirah Beach Residence · 27th floor · completed 2007

2702, Murjan 1

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2702 · DLD and Ejari recordsUpdated 8 July 2024
Last soldAED 3.6M8 July 2024
Current rentAED 116K /yr25 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2702, Murjan 1

What is 2702 worth today?

Last sold for AED 3,600,000 in 2024

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8 Jul 2024SoldReady
AED 3,600,000AED 1,873 per sqft
27 Sep 2023SoldReady
AED 2,400,000AED 1,248 per sqft
25 Apr 2022RentedRenewal
AED 115,500/yr12 months · AED 60 per sqft
25 Apr 2021RentedNew contract
AED 105,000/yr12 months · AED 54 per sqft
1 Oct 2019RentedRenewal
AED 135,000/yr12 months · AED 70 per sqft
1 Oct 2018RentedRenewal
AED 140,000/yr12 months · AED 73 per sqft
1 Oct 2017RentedNew contract
AED 160,000/yr12 months · AED 83 per sqft
1 Oct 2016RentedRenewal
AED 165,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 8 July 2024.

Key facts

Type
3-bed apartment
Size
1,922 sqft
Floor
27th of 47
Parking
G281-282
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,600 /yr
Last sold
AED 3.6M · July 2024
Building
Murjan 1

About 2702, Murjan 1

2702 is a three-bedroom apartment of 1,922 sqft on the 27th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 8 July 2024 for AED 3,600,000, or AED 1,873 per sqft, 50% above the AED 1,248 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 25 April 2022, is AED 115,500 a year: a gross yield of 3.2% on the 2024 price, before the service charge of about AED 28,600 a year.

Sales and rents for 2702 over time

Sales
Unit 2702, each saleTypical three-bed in Murjan 1
2M4M20072012201720222027Typical 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, February 2011: AED 3,593,000 (AED 1,869 per sqft)Sold, September 2023: AED 2,400,000 (AED 1,248 per sqft)Sold, July 2024: AED 3,600,000 (AED 1,873 per sqft)

2702 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2702, 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, April 2012: AED 140,000 a yearNew contract, October 2015: AED 170,000 a yearRenewal, October 2016: AED 165,000 a yearNew contract, October 2017: AED 160,000 a yearRenewal, October 2018: AED 140,000 a yearRenewal, October 2019: AED 135,000 a yearNew contract, April 2021: AED 105,000 a yearRenewal, April 2022: AED 115,500 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 2702 sits

All 103 3-beds →

2702 last sold in July 2024 at AED 1,873 per sqft, 50% above what three-beds in Murjan 1 were fetching at the time (AED 1,248). 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. 2702's AED 115,500 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 27th floor

All 340 units in Murjan 1
Value
27013-bedAED 3M · Feb 2025
27031-bedAED 1.75M · Aug 2024
27041-bedAED 1.63M · May 2016
27051-bedAED 680K · Nov 2008
27061-bedAED 449K · Jul 2008
27073-bedAED 2.95M · Jun 2025
27083-bedAED 2.9M · Nov 2024

2702, Murjan 1 in numbers

  • Sold 3 times: first on 27 February 2011 for AED 3,593,000, last on 8 July 2024 for AED 3,600,000 (AED 1,873 per sqft).
  • Rented since April 2012 on 8 Ejari contracts, from AED 140,000 to AED 115,500 a year.
  • At AED 115,500 a year the gross yield on the 2024 price is 3.2%, 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 8 July 2024.

Questions about 2702, Murjan 1

What did unit 2702 last sell for?

AED 3,600,000 on 8 July 2024: AED 1,873 per sqft for 1,922 sqft. The unit has 3 registered sales; the first was AED 3,593,000 in February 2011.

What is the rent for unit 2702?

AED 115,500 a year on the contract renewed on 25 April 2022. The previous contract, from April 2021, was AED 105,000; the unit has been rented since April 2012.

How big is unit 2702?

1,922 sqft (178.6 sqm): a three-bedroom apartment on the 27th floor of a 47-storey tower completed in 2007.

What is unit 2702 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 2702, Murjan 1

Starts from the last sale price (AED 3.6M, 8 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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