2-bed · 1,393 sqftMurjan 1, Jumeirah Beach Residence · 38th floor · completed 2007

3803, Murjan 1

Sold prices and rental history: sold twice, last in September 2017, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3803 · DLD and Ejari recordsUpdated 14 September 2017
Last soldAED 2.3M14 September 2017
Current rentAED 135K /yr21 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3803, Murjan 1

What is 3803 worth today?

Last sold for AED 2,300,000 in 2017

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14 Sep 2017SoldReady
AED 2,300,000AED 1,650 per sqft
21 Oct 2016RentedRenewal
AED 135,000/yr12 months · AED 97 per sqft
21 Oct 2015RentedNew contract
AED 135,000/yr12 months · AED 97 per sqft
29 Dec 2008Sold by developerReady
AED 599,000AED 429 per sqft

Source: Dubai Land Department. Updated 14 September 2017.

Key facts

Type
2-bed apartment
Size
1,393 sqft
Floor
38th of 47
Parking
B058
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 2.3M · September 2017
Building
Murjan 1

About 3803, Murjan 1

3803 is a two-bedroom apartment of 1,393 sqft on the 38th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 14 September 2017 for AED 2,300,000, or AED 1,650 per sqft, 13% above the AED 1,458 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 21 October 2016, is AED 135,000 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 20,700 a year.

Sales and rents for 3803 over time

Sales
Unit 3803, 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, December 2008: AED 599,000 (AED 429 per sqft)Sold, September 2017: AED 2,300,000 (AED 1,650 per sqft)

3803 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3803, 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, October 2015: AED 135,000 a yearRenewal, October 2016: AED 135,000 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 3803 sits

All 128 2-beds →

3803 last sold in September 2017 at AED 1,650 per sqft, 13% above what two-beds in Murjan 1 were fetching at the time (AED 1,458). 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. 3803's AED 135,000 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 119K /yr
Typical yield
5.8%
Murjan 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 38th floor

All 340 units in Murjan 1
Value
38012-bedAED 2.1M · Nov 2024
38022-bedAED 1.58M · Feb 2018
38042-bedAED 599K · Oct 2007
38052-bedAED 850K · Dec 2007
38062-bedAED 1.79M · Jul 2013
38072-bedAED 1.2M · Oct 2009
38082-bedAED 1.25M · Mar 2020

3803, Murjan 1 in numbers

  • Sold twice: first on 29 December 2008 for AED 599,000, last on 14 September 2017 for AED 2,300,000 (AED 1,650 per sqft).
  • Rented since October 2015 on 2 Ejari contracts, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2017 price is 5.9%, 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 September 2017.

Questions about 3803, Murjan 1

What did unit 3803 last sell for?

AED 2,300,000 on 14 September 2017: AED 1,650 per sqft for 1,393 sqft. The unit has 2 registered sales; the first was AED 599,000 in December 2008.

What is the rent for unit 3803?

AED 135,000 a year on the contract renewed on 21 October 2016. The previous contract, from October 2015, was AED 135,000.

How big is unit 3803?

1,393 sqft (129.4 sqm): a two-bedroom apartment on the 38th floor of a 47-storey tower completed in 2007.

What is unit 3803 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 3803, Murjan 1

Starts from the last sale price (AED 2.3M, 14 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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