2-bed · 1,393 sqftMurjan 1, Jumeirah Beach Residence · 36th floor · completed 2007

3604, Murjan 1

Sold prices and rental history: sold twice, last in March 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3604 · DLD and Ejari recordsUpdated 15 December 2023
Last soldAED 1.7M17 March 2019
Current rentAED 175K /yr15 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3604, Murjan 1

What is 3604 worth today?

Last sold for AED 1,700,000 in 2019

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15 Dec 2023RentedNew contract
AED 175,000/yr12 months · AED 126 per sqft
30 Jul 2022RentedRenewal
AED 150,000/yr12 months · AED 108 per sqft
30 Jul 2021RentedNew contract
AED 150,000/yr12 months · AED 108 per sqft
8 Aug 2020RentedRenewal
AED 140,000/yr12 months · AED 101 per sqft
8 Aug 2019RentedNew contract
AED 150,000/yr12 months · AED 108 per sqft
17 Mar 2019SoldReady
AED 1,700,000AED 1,220 per sqft
15 Jun 2017RentedRenewal
AED 127,338/yr12 months · AED 92 per sqft
15 Jun 2015RentedRenewal
AED 127,338/yr24 months · AED 92 per sqft

Source: Dubai Land Department. Updated 15 December 2023.

Key facts

Type
2-bed apartment
Size
1,393 sqft
Floor
36th of 47
Parking
B041
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 1.7M · March 2019
Building
Murjan 1

About 3604, Murjan 1

3604 is a two-bedroom apartment of 1,393 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 17 March 2019 for AED 1,700,000, or AED 1,220 per sqft, in line with the AED 1,210 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 15 December 2023, is AED 175,000 a year: a gross yield of 10.3% on the 2019 price, before the service charge of about AED 20,700 a year.

Sales and rents for 3604 over time

Sales
Unit 3604, 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, March 2008: AED 599,000 (AED 429 per sqft)Sold, March 2019: AED 1,700,000 (AED 1,220 per sqft)

3604 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3604, 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, June 2014: AED 121,275 a yearRenewal, June 2015: AED 127,338 a yearRenewal, June 2017: AED 127,338 a yearNew contract, August 2019: AED 150,000 a yearRenewal, August 2020: AED 140,000 a yearNew contract, July 2021: AED 150,000 a yearRenewal, July 2022: AED 150,000 a yearNew contract, December 2023: AED 175,000 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 3604 sits

All 128 2-beds →

3604 last sold in March 2019 at AED 1,220 per sqft, in line with what two-beds in Murjan 1 were fetching at the time (AED 1,210). 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. 3604's AED 175,000 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 119K /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
36012-bedAED 1.05M · Sep 2020
36022-bedAED 820K · Dec 2013
36032-bedAED 599K · Nov 2007
36052-bedAED 599K · Feb 2015
36062-bedAED 2.3M · Feb 2026
36072-bedAED 2.4M · Jul 2026
36082-bedAED 1.9M · Apr 2019

3604, Murjan 1 in numbers

  • Sold twice: first on 23 March 2008 for AED 599,000, last on 17 March 2019 for AED 1,700,000 (AED 1,220 per sqft).
  • Rented since June 2014 on 8 Ejari contracts, from AED 121,275 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2019 price is 10.3%, 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 15 December 2023.

Questions about 3604, Murjan 1

What did unit 3604 last sell for?

AED 1,700,000 on 17 March 2019: AED 1,220 per sqft for 1,393 sqft. The unit has 2 registered sales; the first was AED 599,000 in March 2008.

What is the rent for unit 3604?

AED 175,000 a year on the contract signed on 15 December 2023. The previous contract, from July 2022, was AED 150,000; the unit has been rented since June 2014.

How big is unit 3604?

1,393 sqft (129.4 sqm): a two-bedroom apartment on the 36th floor of a 47-storey tower completed in 2007.

What is unit 3604 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 3604, Murjan 1

Starts from the last sale price (AED 1.7M, 17 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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