2-bed · 1,317 sqftMurjan 1, Jumeirah Beach Residence · 38th floor · completed 2007

3808, Murjan 1

Sold prices and rental history: sold twice, last in March 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3808 · DLD and Ejari recordsUpdated 15 January 2023
Last soldAED 1.25M3 March 2020
Current rentAED 140K /yr15 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3808, Murjan 1

What is 3808 worth today?

Last sold for AED 1,250,000 in 2020

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15 Jan 2023RentedRenewal
AED 140,000/yr12 months · AED 107 per sqft
15 Jan 2022RentedRenewal
AED 140,000/yr12 months · AED 107 per sqft
15 Jan 2021RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
3 Mar 2020SoldReady
AED 1,250,000AED 949 per sqft
10 Apr 2019RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
15 Jan 2018RentedRenewal
AED 119,040/yr13 months · AED 91 per sqft
15 Jan 2017RentedRenewal
AED 128,000/yr12 months · AED 97 per sqft
15 Jan 2016RentedNew contract
AED 128,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 15 January 2023.

Key facts

Type
2-bed apartment
Size
1,317 sqft
Floor
38th of 47
Parking
M169
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,600 /yr
Last sold
AED 1.25M · March 2020
Building
Murjan 1

About 3808, Murjan 1

3808 is a two-bedroom apartment of 1,317 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 3 March 2020 for AED 1,250,000, or AED 949 per sqft, in line with the AED 949 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 15 January 2023, is AED 140,000 a year: a gross yield of 11.2% on the 2020 price, before the service charge of about AED 19,600 a year.

Sales and rents for 3808 over time

Sales
Unit 3808, 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, November 2009: AED 599,000 (AED 454 per sqft)Sold, March 2020: AED 1,250,000 (AED 949 per sqft)

3808 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3808, 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, December 2014: AED 138,000 a yearNew contract, January 2016: AED 128,000 a yearRenewal, January 2017: AED 128,000 a yearRenewal, January 2018: AED 119,040 a yearNew contract, April 2019: AED 90,000 a yearNew contract, January 2021: AED 140,000 a yearRenewal, January 2022: AED 140,000 a yearRenewal, January 2023: AED 140,000 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 3808 sits

All 128 2-beds →

3808 last sold in March 2020 at AED 949 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. 3808's AED 140,000 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 118K /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
38032-bedAED 2.3M · Sep 2017
38042-bedAED 599K · Oct 2007
38052-bedAED 850K · Dec 2007
38062-bedAED 1.79M · Jul 2013
38072-bedAED 1.2M · Oct 2009

3808, Murjan 1 in numbers

  • Sold twice: first on 15 November 2009 for AED 599,000, last on 3 March 2020 for AED 1,250,000 (AED 949 per sqft).
  • Rented since December 2014 on 8 Ejari contracts. The rent fell from AED 138,000 to AED 90,000 in 2019 and recovered to AED 140,000 by January 2023.
  • At AED 140,000 a year the gross yield on the 2020 price is 11.2%, 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 15 January 2023.

Questions about 3808, Murjan 1

What did unit 3808 last sell for?

AED 1,250,000 on 3 March 2020: AED 949 per sqft for 1,317 sqft. The unit has 2 registered sales; the first was AED 599,000 in November 2009.

What is the rent for unit 3808?

AED 140,000 a year on the contract renewed on 15 January 2023. The previous contract, from January 2022, was AED 140,000; the unit has been rented since December 2014.

How big is unit 3808?

1,317 sqft (122.4 sqm): a two-bedroom apartment on the 38th floor of a 47-storey tower completed in 2007.

What is unit 3808 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 3808, Murjan 1

Starts from the last sale price (AED 1.25M, 3 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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