2-bed · 1,317 sqftMurjan 1, Jumeirah Beach Residence · 36th floor · completed 2007

3601, Murjan 1

Sold prices and rental history: sold 4 times, last in September 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3601 · DLD and Ejari recordsUpdated 10 October 2020
Last soldAED 1.05M13 September 2020
Current rentAED 48K /yr10 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3601, Murjan 1

What is 3601 worth today?

Last sold for AED 1,050,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Oct 2020RentedNew contract
AED 48,000/yr48 months · AED 37 per sqft
13 Sep 2020SoldReady
AED 1,050,000AED 797 per sqft
21 Jun 2018SoldReady
AED 1,580,097AED 1,199 per sqft
7 May 2018RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
16 Jul 2016RentedRenewal
AED 140,000/yr12 months · AED 107 per sqft
16 Jul 2015RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
16 Jul 2014RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
25 Apr 2013RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 10 October 2020.

Key facts

Type
2-bed apartment
Size
1,317 sqft
Floor
36th of 47
Parking
B072
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,600 /yr
Last sold
AED 1.05M · September 2020
Building
Murjan 1

About 3601, Murjan 1

3601 is a two-bedroom apartment of 1,317 sqft on the 36th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 13 September 2020 for AED 1,050,000, or AED 797 per sqft, 16% below the AED 949 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 10 October 2020, is AED 48,000 a year: a gross yield of 4.6% on the 2020 price, before the service charge of about AED 19,600 a year.

Sales and rents for 3601 over time

Sales
Unit 3601, each saleTypical two-bed in Murjan 1
2M20072012201720222027Typical 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, July 2008: AED 3,120,000 (AED 2,369 per sqft)Sold, June 2018: AED 1,580,097 (AED 1,199 per sqft)Sold, September 2020: AED 1,050,000 (AED 797 per sqft)

3601 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3601, 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, April 2012: AED 85,000 a yearNew contract, April 2013: AED 85,000 a yearNew contract, July 2014: AED 140,000 a yearNew contract, July 2015: AED 140,000 a yearRenewal, July 2016: AED 140,000 a yearNew contract, May 2018: AED 80,000 a yearNew contract, October 2020: AED 48,000 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 3601 sits

All 128 2-beds →

3601 last sold in September 2020 at AED 797 per sqft, 16% below what two-beds in Murjan 1 were fetching at the time (AED 949). 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. 3601's AED 48,000 is at the bottom 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 36th floor

All 340 units in Murjan 1
Value
36022-bedAED 820K · Dec 2013
36032-bedAED 599K · Nov 2007
36042-bedAED 1.7M · Mar 2019
36052-bedAED 599K · Feb 2015
36062-bedAED 2.3M · Feb 2026
36072-bedAED 2.4M · Jul 2026
36082-bedAED 1.9M · Apr 2019

3601, Murjan 1 in numbers

  • Sold 4 times: first on 1 October 2007 for AED 599,000, last on 13 September 2020 for AED 1,050,000 (AED 797 per sqft).
  • Rented since April 2012 on 7 Ejari contracts, from AED 85,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2020 price is 4.6%, 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 10 October 2020.

Questions about 3601, Murjan 1

What did unit 3601 last sell for?

AED 1,050,000 on 13 September 2020: AED 797 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 3601?

AED 48,000 a year on the contract signed on 10 October 2020. The previous contract, from May 2018, was AED 80,000; the unit has been rented since April 2012.

How big is unit 3601?

1,317 sqft (122.4 sqm): a two-bedroom apartment on the 36th floor of a 47-storey tower completed in 2007.

What is unit 3601 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.

Selling 3601? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3601, Murjan 1

Starts from the last sale price (AED 1.05M, 13 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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