4-bed · 2,841 sqftMurjan 1, Jumeirah Beach Residence · completed 2007

UP04, Murjan 1

Sold prices and rental history: sold twice, last in April 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP04 · DLD and Ejari recordsUpdated 28 April 2021
Last soldAED 2M28 April 2021
Current rentAED 150K /yr15 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for UP04, Murjan 1

What is UP04 worth today?

Last sold for AED 2,000,000 in 2021

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28 Apr 2021SoldReady
AED 2,000,000AED 703 per sqft
15 Jan 2020RentedNew contract
AED 150,000/yr12 months · AED 53 per sqft
10 Apr 2017RentedRenewal
AED 230,000/yr12 months · AED 81 per sqft
10 Apr 2016RentedRenewal
AED 230,000/yr12 months · AED 81 per sqft
10 Apr 2015RentedNew contract
AED 230,000/yr12 months · AED 81 per sqft
3 Dec 2013RentedNew contract
AED 200,000/yr12 months · AED 70 per sqft
1 Jul 2012RentedNew contract
AED 180,000/yr12 months · AED 63 per sqft
8 Feb 2012Sold by developerReady
AED 2,557,000AED 900 per sqft

Source: Dubai Land Department. Updated 28 April 2021.

Key facts

Type
4-bed apartment
Size
2,841 sqft
Parking
G208-209
Developer
Dubai Properties
Completed
2007
Service charge
AED 42,300 /yr
Last sold
AED 2M · April 2021
Building
Murjan 1

About UP04, Murjan 1

UP04 is a four-bedroom apartment of 2,841 sqft of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 28 April 2021 for AED 2,000,000, or AED 703 per sqft.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 15 January 2020, is AED 150,000 a year: a gross yield of 7.5% on the 2021 price, before the service charge of about AED 42,300 a year.

4-beds in Murjan 1, and where UP04 sits

All 6 4-beds →

Over the last 12 months four-beds sold for AED 9,600,000, around AED 1,624 per sqft, and rent for AED 230,000 to 230,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
13 Oct 20269,600,000
31 May 20236,250,000
1 Jun 20211,204,535
8 May 20188,500,000
1 4-bed sale 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 →

UP04, Murjan 1 in numbers

  • Sold twice: first on 8 February 2012 for AED 2,557,000, last on 28 April 2021 for AED 2,000,000 (AED 703 per sqft).
  • Rented since July 2012 on 6 Ejari contracts, from AED 180,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 7.5%, before a service charge of about AED 42,300 a year (AED 14.89 per sqft).
  • Four-beds in Murjan 1 sold for AED 9,600,000–9,600,000 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 28 April 2021.

Questions about UP04, Murjan 1

What did unit UP04 last sell for?

AED 2,000,000 on 28 April 2021: AED 703 per sqft for 2,841 sqft. The unit has 2 registered sales; the first was AED 2,557,000 in February 2012.

What is the rent for unit UP04?

AED 150,000 a year on the contract signed on 15 January 2020. The previous contract, from April 2017, was AED 230,000; the unit has been rented since July 2012.

How big is unit UP04?

2,841 sqft (263.9 sqm): a four-bedroom apartment of a 47-storey tower completed in 2007.

What is unit UP04 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Murjan 1 sold for AED 9,600,000 to 9,600,000 in the last 12 months, around AED 1,624 per sqft.

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Mortgage on UP04, Murjan 1

Starts from the last sale price (AED 2M, 28 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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