2-bed · 1,393 sqftMurjan 1, Jumeirah Beach Residence · 39th floor · completed 2007

3904, Murjan 1

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3904 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 2.4M22 February 2024
Current rentAED 457K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3904, Murjan 1

What is 3904 worth today?

Last sold for AED 2,400,000 in 2024

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15 Aug 2024RentedNew contract · flagged as an outlier
AED 457,395/yr1 months · AED 328 per sqft
22 Feb 2024SoldReady
AED 2,400,000AED 1,722 per sqft
27 Jul 2023SoldReady
AED 1,698,274AED 1,218 per sqft
15 Apr 2022RentedRenewal
AED 100,000/yr12 months · AED 72 per sqft
15 Apr 2021RentedNew contract
AED 85,000/yr12 months · AED 61 per sqft
15 Dec 2019RentedRenewal
AED 115,000/yr12 months · AED 83 per sqft
15 Dec 2018RentedNew contract
AED 125,000/yr12 months · AED 90 per sqft
25 Oct 2017RentedNew contract
AED 135,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
2-bed apartment
Size
1,393 sqft
Floor
39th of 47
Parking
B038
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 2.4M · February 2024
Building
Murjan 1

About 3904, Murjan 1

3904 is a two-bedroom apartment of 1,393 sqft on the 39th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 22 February 2024 for AED 2,400,000, or AED 1,722 per sqft, 8% above the AED 1,594 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 15 August 2024, is AED 457,395 a year: a gross yield of 19.1% on the 2024 price, before the service charge of about AED 20,700 a year.

Sales and rents for 3904 over time

Sales
Unit 3904, 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 429 per sqft)Sold, July 2023: AED 1,698,274 (AED 1,218 per sqft)Sold, February 2024: AED 2,400,000 (AED 1,722 per sqft)

3904 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3904, 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, October 2015: AED 150,000 a yearRenewal, October 2016: AED 150,000 a yearNew contract, October 2017: AED 135,000 a yearNew contract, December 2018: AED 125,000 a yearRenewal, December 2019: AED 115,000 a yearNew contract, April 2021: AED 85,000 a yearRenewal, April 2022: AED 100,000 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 3904 sits

All 128 2-beds →

3904 last sold in February 2024 at AED 1,722 per sqft, 8% above what two-beds in Murjan 1 were fetching at the time (AED 1,594). 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. 3904's AED 457,395 is at the top 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 39th floor

All 340 units in Murjan 1
Value
39012-bedAED 1.25M · Mar 2020
39022-bedAED 1.25M · Mar 2020
39032-bedAED 1.79M · Aug 2023
39052-bedAED 850K · Apr 2008
39062-bedAED 2.23M · Nov 2025
39072-bedAED 1.8M · Jul 2022
39082-bedAED 1.25M · Mar 2020

3904, Murjan 1 in numbers

  • Sold 3 times: first on 15 November 2009 for AED 599,000, last on 22 February 2024 for AED 2,400,000 (AED 1,722 per sqft).
  • Rented since October 2015 on 8 Ejari contracts. The rent fell from AED 150,000 to AED 85,000 in 2021 and recovered to AED 457,395 by August 2024.
  • At AED 457,395 a year the gross yield on the 2024 price is 19.1%, 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 15 August 2024.

Questions about 3904, Murjan 1

What did unit 3904 last sell for?

AED 2,400,000 on 22 February 2024: AED 1,722 per sqft for 1,393 sqft. The unit has 3 registered sales; the first was AED 599,000 in November 2009.

What is the rent for unit 3904?

AED 457,395 a year on the contract signed on 15 August 2024. The previous contract, from April 2022, was AED 100,000; the unit has been rented since October 2015.

How big is unit 3904?

1,393 sqft (129.4 sqm): a two-bedroom apartment on the 39th floor of a 47-storey tower completed in 2007.

What is unit 3904 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 3904, Murjan 1

Starts from the last sale price (AED 2.4M, 22 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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