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3-bed · 2,170 sqftMurjan 3, Jumeirah Beach Residence · 12th floor · completed 2007

1202, Murjan 3

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 23 June 2023
Last soldAED 3.39M23 June 2023
Current rentAED 137K /yr15 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1202, Murjan 3

What is 1202 worth today?

Last sold for AED 3,394,750 in 2023

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23 Jun 2023SoldReady
AED 3,394,750AED 1,564 per sqft
15 Nov 2022RentedRenewal
AED 136,500/yr12 months · AED 63 per sqft
15 Nov 2021RentedRenewal
AED 136,500/yr12 months · AED 63 per sqft
15 Nov 2020RentedRenewal
AED 130,000/yr12 months · AED 60 per sqft
15 Nov 2019RentedRenewal
AED 142,000/yr12 months · AED 65 per sqft
15 Nov 2018RentedNew contract
AED 157,000/yr12 months · AED 72 per sqft
1 Feb 2018RentedRenewal
AED 175,000/yr6 months · AED 81 per sqft
1 Feb 2017RentedNew contract
AED 180,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 23 June 2023.

Key facts

Type
3-bed apartment
Size
2,170 sqft
Floor
12th of 29
Parking
G523- G524
Developer
Dubai Properties
Completed
2007
Service charge
AED 32,300 /yr
Last sold
AED 3.39M · June 2023
Building
Murjan 3

About 1202, Murjan 3

1202 is a three-bedroom apartment of 2,170 sqft on the 12th floor of Murjan 3, a 29-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 23 June 2023 for AED 3,394,750, or AED 1,564 per sqft, in line with the AED 1,520 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 November 2022, is AED 136,500 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 32,300 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, 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, April 2011: AED 3,550,000 (AED 1,635 per sqft)Sold, June 2023: AED 3,394,750 (AED 1,564 per sqft)

1202 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1202, 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 2013: AED 135,000 a yearNew contract, February 2014: AED 180,000 a yearRenewal, February 2015: AED 180,000 a yearRenewal, February 2016: AED 180,000 a yearNew contract, February 2017: AED 180,000 a yearRenewal, February 2018: AED 175,000 a yearNew contract, November 2018: AED 157,000 a yearRenewal, November 2019: AED 142,000 a yearRenewal, November 2020: AED 130,000 a yearRenewal, November 2021: AED 136,500 a yearRenewal, November 2022: AED 136,500 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 1202 sits

All 52 3-beds →

1202 last sold in June 2023 at AED 1,564 per sqft, in line with what three-beds in Murjan 3 were fetching at the time (AED 1,520). 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. 1202's AED 136,500 is in the lower 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 12th floor

All 92 units in Murjan 3
Value
12013-bedAED 3.55M · Feb 2013
12033-bedAED 2.69M · Mar 2010
12043-bedAED 2.53M · Jul 2015

1202, Murjan 3 in numbers

  • Sold twice: first on 19 April 2011 for AED 3,550,000, last on 23 June 2023 for AED 3,394,750 (AED 1,564 per sqft).
  • Rented since February 2013 on 11 Ejari contracts, from AED 135,000 to AED 136,500 a year.
  • At AED 136,500 a year the gross yield on the 2023 price is 4.0%, before a service charge of about AED 32,300 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 23 June 2023.

Questions about 1202, Murjan 3

What did unit 1202 last sell for?

AED 3,394,750 on 23 June 2023: AED 1,564 per sqft for 2,170 sqft. The unit has 2 registered sales; the first was AED 3,550,000 in April 2011.

What is the rent for unit 1202?

AED 136,500 a year on the contract renewed on 15 November 2022. The previous contract, from November 2021, was AED 136,500; the unit has been rented since February 2013.

How big is unit 1202?

2,170 sqft (201.6 sqm): a three-bedroom apartment on the 12th floor of a 29-storey tower completed in 2007.

What is unit 1202 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 1202, Murjan 3

Starts from the last sale price (AED 3.39M, 23 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,394,750
Deposit, UAE resident (20%)
AED 678,950
Deposit, non-resident (40%)
AED 1,357,900
Monthly over 25 years at 3.7%
AED 13,889

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