Home
Dubai prices
About
Research
2-bed · 1,393 sqftMurjan 1, Jumeirah Beach Residence · 37th floor · completed 2007

3703, Murjan 1

Sold prices and rental history: sold once, by the developer in March 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3703 · DLD and Ejari recordsUpdated 14 November 2021
Last soldAED 599K13 March 2013
Current rentAED 105K /yr14 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 3703

Property timeline for 3703, Murjan 1

What is 3703 worth today?

Last sold for AED 599,000 in 2013

Unlock today's estimate, updated daily, with

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

14 Nov 2021RentedRenewal
AED 105,000/yr12 months · AED 76 per sqft
14 Nov 2020RentedRenewal
AED 100,000/yr12 months · AED 72 per sqft
14 May 2020RentedRenewal
AED 105,000/yr6 months · AED 76 per sqft
15 Nov 2019RentedRenewal
AED 105,587/yr6 months · AED 76 per sqft
15 Nov 2018RentedNew contract
AED 105,000/yr12 months · AED 76 per sqft
5 Jul 2017RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
13 Mar 2013Sold by developerReady
AED 599,000AED 429 per sqft

Source: Dubai Land Department. Updated 14 November 2021.

Key facts

Type
2-bed apartment
Size
1,393 sqft
Floor
37th of 47
Parking
B060
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 599K · March 2013
Building
Murjan 1

About 3703, Murjan 1

3703 is a two-bedroom apartment of 1,393 sqft on the 37th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 13 March 2013 for AED 599,000, or AED 429 per sqft, 62% below the AED 1,139 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 14 November 2021, is AED 105,000 a year: a gross yield of 17.5% on the 2013 price, before the service charge of about AED 20,700 a year.

Sales and rents for 3703 over time

Sales
Unit 3703, 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 2013: AED 599,000 (AED 429 per sqft)

3703 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3703, each contractTypical two-bed in Murjan 1
75K100K125K2012201620202024Typical 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, July 2017: AED 120,000 a yearNew contract, November 2018: AED 105,000 a yearRenewal, November 2019: AED 105,587 a yearRenewal, May 2020: AED 105,000 a yearRenewal, November 2020: AED 100,000 a yearRenewal, November 2021: AED 105,000 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 3703 sits

All 128 2-beds →

3703 last sold in March 2013 at AED 429 per sqft, 62% below what two-beds in Murjan 1 were fetching at the time (AED 1,139). 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. 3703's AED 105,000 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 37th floor

All 340 units in Murjan 1
Value
37012-bedAED 599K · Nov 2007
37022-bedAED 2.26M · Apr 2025
37042-bedAED 1.35M · Dec 2020
37052-bedAED 1.7M · Feb 2013
37062-bedAED 1.5M · Oct 2007
37072-bedAED 1.55M · Feb 2012
37082-bedAED 1.98M · Aug 2013

3703, Murjan 1 in numbers

  • Sold once: by Dubai Properties on 13 March 2013 for AED 599,000, or AED 429 per sqft.
  • Rented since July 2017 on 6 Ejari contracts, from AED 120,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2013 price is 17.5%, 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 14 November 2021.

Questions about 3703, Murjan 1

What did unit 3703 last sell for?

AED 599,000 on 13 March 2013, sold by the developer: AED 429 per sqft for 1,393 sqft. It is the only registered sale of the unit.

What is the rent for unit 3703?

AED 105,000 a year on the contract renewed on 14 November 2021. The previous contract, from November 2020, was AED 100,000; the unit has been rented since July 2017.

How big is unit 3703?

1,393 sqft (129.4 sqm): a two-bedroom apartment on the 37th floor of a 47-storey tower completed in 2007.

What is unit 3703 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 3703? 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 3703, Murjan 1

Starts from the last sale price (AED 599K, 13 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 599,000
Deposit, UAE resident (20%)
AED 119,800
Deposit, non-resident (40%)
AED 239,600
Monthly over 25 years at 3.7%
AED 2,451

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