2-bed · 1,317 sqftMurjan 1, Jumeirah Beach Residence · 35th floor · completed 2007

3501, Murjan 1

Sold prices and rental history: sold 4 times, last in October 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3501 · DLD and Ejari recordsUpdated 5 October 2022
Last soldAED 1.85M5 October 2022
Current rentAED 100K /yr1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3501, Murjan 1

What is 3501 worth today?

Last sold for AED 1,850,000 in 2022

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5 Oct 2022SoldReady
AED 1,850,000AED 1,404 per sqft
1 Oct 2020RentedNew contract
AED 100,000/yr12 months · AED 76 per sqft
12 Apr 2017SoldReady
AED 1,920,000AED 1,458 per sqft
12 Nov 2015RentedNew contract
AED 145,000/yr12 months · AED 110 per sqft
11 Oct 2014RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
10 Oct 2013RentedNew contract
AED 114,692/yr12 months · AED 87 per sqft
14 May 2008SoldReady
AED 2,500,000AED 1,898 per sqft
28 Oct 2007Sold by developerReady
AED 599,000AED 454 per sqft

Source: Dubai Land Department. Updated 5 October 2022.

Key facts

Type
2-bed apartment
Size
1,317 sqft
Floor
35th of 47
Parking
B074
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,600 /yr
Last sold
AED 1.85M · October 2022
Building
Murjan 1

About 3501, Murjan 1

3501 is a two-bedroom apartment of 1,317 sqft on the 35th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 5 October 2022 for AED 1,850,000, or AED 1,404 per sqft, 12% above the AED 1,256 two-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 1 October 2020, is AED 100,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 19,600 a year.

Sales and rents for 3501 over time

Sales
Unit 3501, 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, October 2007: AED 599,000 (AED 454 per sqft)Sold, May 2008: AED 2,500,000 (AED 1,898 per sqft)Sold, April 2017: AED 1,920,000 (AED 1,458 per sqft)Sold, October 2022: AED 1,850,000 (AED 1,404 per sqft)

3501 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3501, 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, October 2013: AED 114,692 a yearNew contract, October 2014: AED 115,000 a yearNew contract, November 2015: AED 145,000 a yearNew contract, October 2020: AED 100,000 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 3501 sits

All 128 2-beds →

3501 last sold in October 2022 at AED 1,404 per sqft, 12% above what two-beds in Murjan 1 were fetching at the time (AED 1,256). 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. 3501's AED 100,000 is in the lower 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 119K /yr
Typical yield
5.8%
Murjan 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 35th floor

All 340 units in Murjan 1
Value
35022-bedAED 2.05M · Jul 2026
35032-bedAED 2.45M · Jun 2016
35042-bedAED 2.28M · Oct 2023
35052-bedAED 1.65M · Jan 2013
35062-bedAED 1.11M · Dec 2009
35072-bedAED 1.85M · Jun 2026
35082-bedAED 2.42M · Aug 2014

3501, Murjan 1 in numbers

  • Sold 4 times: first on 28 October 2007 for AED 599,000, last on 5 October 2022 for AED 1,850,000 (AED 1,404 per sqft).
  • Rented since October 2013 on 4 Ejari contracts, from AED 114,692 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 5.4%, 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 5 October 2022.

Questions about 3501, Murjan 1

What did unit 3501 last sell for?

AED 1,850,000 on 5 October 2022: AED 1,404 per sqft for 1,317 sqft. The unit has 4 registered sales; the first was AED 599,000 in October 2007.

What is the rent for unit 3501?

AED 100,000 a year on the contract signed on 1 October 2020. The previous contract, from November 2015, was AED 145,000; the unit has been rented since October 2013.

How big is unit 3501?

1,317 sqft (122.4 sqm): a two-bedroom apartment on the 35th floor of a 47-storey tower completed in 2007.

What is unit 3501 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 3501, Murjan 1

Starts from the last sale price (AED 1.85M, 5 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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