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

3608, Murjan 1

Sold prices and rental history: sold 5 times, last in April 2019, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3608 · DLD and Ejari recordsUpdated 7 April 2019
Last soldAED 1.9M7 April 2019
Current rentAED 130K /yr12 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3608, Murjan 1

What is 3608 worth today?

Last sold for AED 1,900,000 in 2019

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7 Apr 2019SoldReady
AED 1,900,000AED 1,442 per sqft
12 Mar 2019RentedNew contract
AED 130,000/yr12 months · AED 99 per sqft
10 Aug 2018RentedRenewal
AED 150,000/yr6 months · AED 114 per sqft
10 Aug 2017RentedNew contract
AED 150,000/yr12 months · AED 114 per sqft
22 Jan 2017SoldReady
AED 2,000,000AED 1,518 per sqft
7 Nov 2012SoldReady
AED 1,650,000AED 1,253 per sqft
27 May 2010SoldReady
AED 599,000AED 454 per sqft
17 Feb 2008Sold by developerReady
AED 599,000AED 454 per sqft

Source: Dubai Land Department. Updated 7 April 2019.

Key facts

Type
2-bed apartment
Size
1,317 sqft
Floor
36th of 47
Parking
B184
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,600 /yr
Last sold
AED 1.9M · April 2019
Building
Murjan 1

About 3608, Murjan 1

3608 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 7 April 2019 for AED 1,900,000, or AED 1,442 per sqft, 18% above the AED 1,220 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 12 March 2019, is AED 130,000 a year: a gross yield of 6.8% on the 2019 price, before the service charge of about AED 19,600 a year.

Sales and rents for 3608 over time

Sales
Unit 3608, 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, February 2008: AED 599,000 (AED 454 per sqft)Sold, May 2010: AED 599,000 (AED 454 per sqft)Sold, November 2012: AED 1,650,000 (AED 1,253 per sqft)Sold, January 2017: AED 2,000,000 (AED 1,518 per sqft)Sold, April 2019: AED 1,900,000 (AED 1,442 per sqft)

3608 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3608, 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, August 2017: AED 150,000 a yearRenewal, August 2018: AED 150,000 a yearNew contract, March 2019: AED 130,000 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 3608 sits

All 128 2-beds →

3608 last sold in April 2019 at AED 1,442 per sqft, 18% above 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. 3608's AED 130,000 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 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
36012-bedAED 1.05M · Sep 2020
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

3608, Murjan 1 in numbers

  • Sold 5 times: first on 17 February 2008 for AED 599,000, last on 7 April 2019 for AED 1,900,000 (AED 1,442 per sqft).
  • Rented since August 2017 on 3 Ejari contracts, from AED 150,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2019 price is 6.8%, 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 7 April 2019.

Questions about 3608, Murjan 1

What did unit 3608 last sell for?

AED 1,900,000 on 7 April 2019: AED 1,442 per sqft for 1,317 sqft. The unit has 5 registered sales; the first was AED 599,000 in February 2008.

What is the rent for unit 3608?

AED 130,000 a year on the contract signed on 12 March 2019. The previous contract, from August 2018, was AED 150,000; the unit has been rented since August 2017.

How big is unit 3608?

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 3608 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 3608, Murjan 1

Starts from the last sale price (AED 1.9M, 7 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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