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2-bed · 1,393 sqftMurjan 1, Jumeirah Beach Residence · 37th floor · completed 2007

3704, Murjan 1

Sold prices and rental history: sold twice, last in December 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3704 · DLD and Ejari recordsUpdated 22 December 2020
Last soldAED 1.35M22 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3704, Murjan 1

What is 3704 worth today?

Last sold for AED 1,350,000 in 2020

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22 Dec 2020SoldReady
AED 1,350,000AED 968 per sqft
14 Jul 2020Sold by developerReady
AED 599,000AED 429 per sqft

Source: Dubai Land Department. Updated 22 December 2020.

Key facts

Type
2-bed apartment
Size
1,393 sqft
Floor
37th of 47
Parking
B040
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 1.35M · December 2020
Building
Murjan 1

About 3704, Murjan 1

3704 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. It last sold on 22 December 2020 for AED 1,350,000, or AED 968 per sqft, in line with the AED 949 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3704 over time

Sales
Unit 3704, 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, July 2020: AED 599,000 (AED 429 per sqft)Sold, December 2020: AED 1,350,000 (AED 968 per sqft)

3704 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3704, 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 115,883

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 3704 sits

All 128 2-beds →

3704 last sold in December 2020 at AED 968 per sqft, in line with 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.

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
37032-bedAED 599K · Mar 2013
37052-bedAED 1.7M · Feb 2013
37062-bedAED 1.5M · Oct 2007
37072-bedAED 1.55M · Feb 2012
37082-bedAED 1.98M · Aug 2013

3704, Murjan 1 in numbers

  • Sold twice: first on 14 July 2020 for AED 599,000, last on 22 December 2020 for AED 1,350,000 (AED 968 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 22 December 2020.

Questions about 3704, Murjan 1

What did unit 3704 last sell for?

AED 1,350,000 on 22 December 2020: AED 968 per sqft for 1,393 sqft. The unit has 2 registered sales; the first was AED 599,000 in July 2020.

How big is unit 3704?

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 3704 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 3704, Murjan 1

Starts from the last sale price (AED 1.35M, 22 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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