2-bed · 1,393 sqftMurjan 1, Jumeirah Beach Residence · 34th floor · completed 2007

3404, Murjan 1

Sold prices and rental history: sold 3 times, last in April 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3404 · DLD and Ejari recordsUpdated 8 July 2024
Last soldAED 1.75M29 April 2019
Current rentAED 160K /yr8 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3404, Murjan 1

What is 3404 worth today?

Last sold for AED 1,750,000 in 2019

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8 Jul 2024RentedNew contract
AED 160,000/yr12 months · AED 115 per sqft
1 Apr 2023RentedRenewal
AED 160,000/yr12 months · AED 115 per sqft
27 Sep 2021RentedRenewal
AED 130,000/yr6 months · AED 94 per sqft
27 Sep 2020RentedRenewal
AED 130,000/yr12 months · AED 94 per sqft
27 Sep 2019RentedNew contract
AED 150,000/yr12 months · AED 108 per sqft
29 Apr 2019SoldReady
AED 1,750,000AED 1,256 per sqft
10 Jun 2018RentedRenewal
AED 120,000/yr12 months · AED 86 per sqft
10 Jun 2017RentedRenewal
AED 130,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 8 July 2024.

Key facts

Type
2-bed apartment
Size
1,393 sqft
Floor
34th of 47
Parking
B043
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 1.75M · April 2019
Building
Murjan 1

About 3404, Murjan 1

3404 is a two-bedroom apartment of 1,393 sqft on the 34th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 29 April 2019 for AED 1,750,000, or AED 1,256 per sqft, in line with the AED 1,220 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 8 July 2024, is AED 160,000 a year: a gross yield of 9.1% on the 2019 price, before the service charge of about AED 20,700 a year.

Sales and rents for 3404 over time

Sales
Unit 3404, 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, December 2007: AED 599,000 (AED 429 per sqft)Sold, November 2009: AED 1,700,000 (AED 1,220 per sqft)Sold, April 2019: AED 1,750,000 (AED 1,256 per sqft)

3404 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3404, each contractTypical two-bed in Murjan 1
100K150K2012201620202024Typical 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, November 2013: AED 140,000 a yearRenewal, June 2017: AED 130,000 a yearRenewal, June 2018: AED 120,000 a yearNew contract, September 2019: AED 150,000 a yearRenewal, September 2020: AED 130,000 a yearRenewal, September 2021: AED 130,000 a yearRenewal, April 2023: AED 160,000 a yearNew contract, July 2024: AED 160,000 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 3404 sits

All 128 2-beds →

3404 last sold in April 2019 at AED 1,256 per sqft, in line with what two-beds in Murjan 1 were fetching at the time (AED 1,220). 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. 3404's AED 160,000 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 34th floor

All 340 units in Murjan 1
Value
34012-bedAED 2M · Oct 2025
34022-bedAED 1.22M · Apr 2021
34032-bedAED 599K · Jun 2009
34052-bedAED 850K · Apr 2008
34062-bedAED 1.23M · Dec 2011
34072-bedAED 599K · Oct 2008
34082-bedAED 1.51M · Nov 2007

3404, Murjan 1 in numbers

  • Sold 3 times: first on 26 December 2007 for AED 599,000, last on 29 April 2019 for AED 1,750,000 (AED 1,256 per sqft).
  • Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 120,000 in 2018 and recovered to AED 160,000 by July 2024.
  • At AED 160,000 a year the gross yield on the 2019 price is 9.1%, before a service charge of about AED 20,700 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 8 July 2024.

Questions about 3404, Murjan 1

What did unit 3404 last sell for?

AED 1,750,000 on 29 April 2019: AED 1,256 per sqft for 1,393 sqft. The unit has 3 registered sales; the first was AED 599,000 in December 2007.

What is the rent for unit 3404?

AED 160,000 a year on the contract signed on 8 July 2024. The previous contract, from April 2023, was AED 160,000; the unit has been rented since November 2013.

How big is unit 3404?

1,393 sqft (129.4 sqm): a two-bedroom apartment on the 34th floor of a 47-storey tower completed in 2007.

What is unit 3404 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 3404, Murjan 1

Starts from the last sale price (AED 1.75M, 29 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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