3-bed · 2,673 sqftMurjan 3, Jumeirah Beach Residence · 10th floor · completed 2007

1004, Murjan 3

Sold prices and rental history: sold once, by the developer in February 2012, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 26 February 2014
Last soldAED 3.07M2 February 2012
Current rentAED 171K /yr26 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Murjan 3

What is 1004 worth today?

Last sold for AED 3,073,320 in 2012

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26 Feb 2014RentedRenewal
AED 171,382/yr12 months · AED 64 per sqft
26 Feb 2013RentedNew contract
AED 126,000/yr12 months · AED 47 per sqft
23 Feb 2012RentedNew contract
AED 120,000/yr12 months · AED 45 per sqft
2 Feb 2012Sold by developerReady
AED 3,073,320AED 1,149 per sqft

Source: Dubai Land Department. Updated 26 February 2014.

Key facts

Type
3-bed apartment
Size
2,673 sqft
Floor
10th of 29
Parking
B472- B473
Developer
Dubai Properties
Completed
2007
Service charge
AED 39,800 /yr
Last sold
AED 3.07M · February 2012
Building
Murjan 3

About 1004, Murjan 3

1004 is a three-bedroom apartment of 2,673 sqft on the 10th floor of Murjan 3, a 29-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 2 February 2012 for AED 3,073,320, or AED 1,149 per sqft, 4% below the AED 1,200 three-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 26 February 2014, is AED 171,382 a year: a gross yield of 5.6% on the 2012 price, before the service charge of about AED 39,800 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical three-bed in Murjan 3
2M3M4M2008201320182023Typical sale price by year: 2008 AED 3,925,000; 2009 AED 4,355,000; 2010 AED 2,689,155; 2011 AED 3,379,000; 2012 AED 3,029,290; 2013 AED 3,550,000; 2014 AED 3,800,000; 2015 AED 3,253,500; 2018 AED 2,750,000; 2021 AED 2,200,000; 2023 AED 3,210,000; 2024 AED 3,420,000; 2025 AED 3,900,000Sold by developer, February 2012: AED 3,073,320 (AED 1,149 per sqft)

1004 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1004, each contractTypical three-bed in Murjan 3
150K200K2012201620202024Typical rent by year: 2012 AED 145,330; 2013 AED 190,000; 2014 AED 195,675; 2015 AED 200,000; 2016 AED 195,000; 2017 AED 190,000; 2018 AED 175,000; 2019 AED 160,000; 2020 AED 140,000; 2021 AED 135,000; 2022 AED 147,000; 2023 AED 165,000; 2024 AED 200,000; 2025 AED 200,000; 2026 AED 182,500New contract, February 2012: AED 120,000 a yearNew contract, February 2013: AED 126,000 a yearRenewal, February 2014: AED 171,382 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Murjan 3, and where 1004 sits

All 52 3-beds →

1004 last sold in February 2012 at AED 1,149 per sqft, 4% below what three-beds in Murjan 3 were fetching at the time (AED 1,200). Over the last 12 months three-beds sold for AED 3,100,000 to 3,900,000, around AED 1,444 per sqft, and rent for AED 90,000 to 245,000 a year. 1004's AED 171,382 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
20 Jul 20263,386,205
19 Dec 20253,100,000
18 Dec 20253,900,000
17 Nov 20253,600,000
4 3-bed sales in the last 12 months

Murjan 3

Building

92 apartments, 2-bed to 4-bed over 29 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 9 sold in the last 12 months.

Typical price per sqft
AED 1,548
Typical sale
AED 3.1M
Typical rent
AED 190K /yr
Typical yield
5.3%
Murjan 3, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 10th floor

All 92 units in Murjan 3
Value
10013-bedAED 4M · Mar 2015
10023-bedAED 3.55M · Aug 2013
10033-bedAED 2.15M · Jul 2018

1004, Murjan 3 in numbers

  • Sold once: by Dubai Properties on 2 February 2012 for AED 3,073,320, or AED 1,149 per sqft.
  • Rented since February 2012 on 3 Ejari contracts, from AED 120,000 to AED 171,382 a year.
  • At AED 171,382 a year the gross yield on the 2012 price is 5.6%, before a service charge of about AED 39,800 a year (AED 14.89 per sqft).
  • Three-beds in Murjan 3 sold for AED 3,100,000–3,900,000 in the 12 months to November 2026; the building's median across all types is AED 1,548 per sqft.

Source: Dubai Land Department. Updated 26 February 2014.

Questions about 1004, Murjan 3

What did unit 1004 last sell for?

AED 3,073,320 on 2 February 2012, sold by the developer: AED 1,149 per sqft for 2,673 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 171,382 a year on the contract renewed on 26 February 2014. The previous contract, from February 2013, was AED 126,000; the unit has been rented since February 2012.

How big is unit 1004?

2,673 sqft (248.3 sqm): a three-bedroom apartment on the 10th floor of a 29-storey tower completed in 2007.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Murjan 3 sold for AED 3,100,000 to 3,900,000 in the last 12 months, around AED 1,444 per sqft.

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Mortgage on 1004, Murjan 3

Starts from the last sale price (AED 3.07M, 2 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,073,320
Deposit, UAE resident (20%)
AED 614,664
Deposit, non-resident (40%)
AED 1,229,328
Monthly over 25 years at 3.7%
AED 12,574

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