2-bed · 1,317 sqftMurjan 1, Jumeirah Beach Residence · 33rd floor · completed 2007

3302, Murjan 1

Sold prices and rental history: sold once, by the developer in May 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3302 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 820K25 May 2008
Current rentAED 150K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3302, Murjan 1

What is 3302 worth today?

Last sold for AED 820,000 in 2008

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20 May 2024RentedNew contract
AED 150,000/yr12 months · AED 114 per sqft
10 Nov 2023RentedNew contract
AED 145,000/yr12 months · AED 110 per sqft
7 Oct 2022RentedNew contract
AED 115,000/yr12 months · AED 87 per sqft
25 Feb 2021RentedNew contract
AED 65,000/yr12 months · AED 49 per sqft
1 Nov 2019RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
1 Aug 2018RentedNew contract
AED 100,000/yr12 months · AED 76 per sqft
10 May 2017RentedRenewal
AED 115,000/yr12 months · AED 87 per sqft
10 May 2016RentedNew contract
AED 115,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 20 May 2024.

Key facts

Type
2-bed apartment
Size
1,317 sqft
Floor
33rd of 47
Parking
B319
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,600 /yr
Last sold
AED 820K · May 2008
Building
Murjan 1

About 3302, Murjan 1

3302 is a two-bedroom apartment of 1,317 sqft on the 33rd floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 25 May 2008 for AED 820,000, or AED 622 per sqft, 37% above the AED 454 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 20 May 2024, is AED 150,000 a year: a gross yield of 18.3% on the 2008 price, before the service charge of about AED 19,600 a year.

Sales and rents for 3302 over time

Sales
Unit 3302, each saleTypical two-bed in Murjan 1
1M2M20072012201720222027Typical sale price by year: 2007 AED 599,000; 2008 AED 599,000; 2009 AED 1,068,450; 2010 AED 1,300,000; 2011 AED 1,350,000; 2012 AED 1,535,000; 2013 AED 1,700,000; 2014 AED 2,342,500; 2015 AED 1,200,000; 2016 AED 1,900,000; 2017 AED 1,947,500; 2018 AED 1,700,000; 2019 AED 1,500,000; 2020 AED 1,250,000; 2021 AED 1,411,111; 2022 AED 1,690,000; 2023 AED 2,150,000; 2024 AED 2,275,000; 2025 AED 2,100,000; 2026 AED 2,173,098Sold by developer, May 2008: AED 820,000 (AED 622 per sqft)

3302 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3302, each contractTypical two-bed in Murjan 1
50K100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 113,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 129,807; 2017 AED 126,000; 2018 AED 115,501; 2019 AED 100,000; 2020 AED 85,000; 2021 AED 83,000; 2022 AED 95,000; 2023 AED 113,000; 2024 AED 124,450; 2025 AED 130,000; 2026 AED 115,883New contract, February 2013: AED 105,000 a yearNew contract, March 2014: AED 132,000 a yearRenewal, March 2015: AED 132,000 a yearNew contract, May 2016: AED 115,000 a yearRenewal, May 2017: AED 115,000 a yearNew contract, August 2018: AED 100,000 a yearNew contract, November 2019: AED 80,000 a yearNew contract, February 2021: AED 65,000 a yearNew contract, October 2022: AED 115,000 a yearNew contract, November 2023: AED 145,000 a yearNew contract, May 2024: AED 150,000 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 1, and where 3302 sits

All 128 2-beds →

3302 last sold in May 2008 at AED 622 per sqft, 37% above what two-beds in Murjan 1 were fetching at the time (AED 454). Over the last 12 months two-beds sold for AED 1,850,000 to 2,700,000, around AED 1,553 per sqft, and rent for AED 74,799 to 200,000 a year. 3302's AED 150,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20261,923,143
14 Oct 20261,925,000
27 Aug 20262,700,000
21 Aug 20262,660,000
13 2-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 33rd floor

All 340 units in Murjan 1
Value
33012-bedAED 2M · Nov 2025
33032-bedAED 1.75M · May 2022
33042-bedAED 1.3M · Nov 2010
33052-bedAED 1.7M · Nov 2018
33062-bedAED 1.93M · Oct 2026
33072-bedAED 599K · Nov 2007
33082-bedAED 2.17M · Jul 2023

3302, Murjan 1 in numbers

  • Sold once: by Dubai Properties on 25 May 2008 for AED 820,000, or AED 622 per sqft.
  • Rented since February 2013 on 11 Ejari contracts. The rent fell from AED 105,000 to AED 65,000 in 2021 and recovered to AED 150,000 by May 2024.
  • At AED 150,000 a year the gross yield on the 2008 price is 18.3%, before a service charge of about AED 19,600 a year (AED 14.89 per sqft).
  • Two-beds in Murjan 1 sold for AED 1,850,000–2,700,000 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 20 May 2024.

Questions about 3302, Murjan 1

What did unit 3302 last sell for?

AED 820,000 on 25 May 2008, sold by the developer: AED 622 per sqft for 1,317 sqft. It is the only registered sale of the unit.

What is the rent for unit 3302?

AED 150,000 a year on the contract signed on 20 May 2024. The previous contract, from November 2023, was AED 145,000; the unit has been rented since February 2013.

How big is unit 3302?

1,317 sqft (122.4 sqm): a two-bedroom apartment on the 33rd floor of a 47-storey tower completed in 2007.

What is unit 3302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Murjan 1 sold for AED 1,850,000 to 2,700,000 in the last 12 months, around AED 1,553 per sqft.

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Mortgage on 3302, Murjan 1

Starts from the last sale price (AED 820K, 25 May 2008). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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