4-bed · 3,136 sqftMurjan 3, Jumeirah Beach Residence · 16th floor · completed 2007

1601, Murjan 3

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 30 December 2024
Last soldAED 5.5M30 December 2024
Current rentAED 184K /yr8 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Murjan 3

What is 1601 worth today?

Last sold for AED 5,500,000 in 2024

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30 Dec 2024SoldReady
AED 5,500,000AED 1,753 per sqft
8 Dec 2022RentedNew contract
AED 183,881/yr9 months · AED 59 per sqft
21 Nov 2022SoldReady
AED 4,480,000AED 1,428 per sqft
8 Dec 2021RentedRenewal
AED 175,000/yr12 months · AED 56 per sqft
8 Dec 2020RentedNew contract
AED 165,000/yr12 months · AED 53 per sqft
8 Dec 2019RentedNew contract
AED 185,000/yr12 months · AED 59 per sqft
1 Nov 2018RentedRenewal
AED 265,000/yr12 months · AED 85 per sqft
1 Nov 2017RentedRenewal
AED 295,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 30 December 2024.

Key facts

Type
4-bed apartment
Size
3,136 sqft
Floor
16th of 29
Parking
G383- G384
Developer
Dubai Properties
Completed
2007
Service charge
AED 46,700 /yr
Last sold
AED 5.5M · December 2024
Building
Murjan 3

About 1601, Murjan 3

1601 is a four-bedroom apartment of 3,136 sqft on the 16th floor of Murjan 3, a 29-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 30 December 2024 for AED 5,500,000, or AED 1,753 per sqft.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 8 December 2022, is AED 183,881 a year: a gross yield of 3.3% on the 2024 price, before the service charge of about AED 46,700 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical four-bed in Murjan 3
5M10M2007201220172022Typical sale price by year: 2007 AED 5,120,000; 2008 AED 6,765,000; 2009 AED 6,595,000; 2010 AED 3,186,330; 2011 AED 2,800,000; 2012 AED 5,120,000; 2014 AED 9,750,000; 2021 AED 3,100,000Sold by developer, March 2008: AED 5,120,000 (AED 1,632 per sqft)Sold, November 2022: AED 4,480,000 (AED 1,428 per sqft)Sold, December 2024: AED 5,500,000 (AED 1,753 per sqft)

1601 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1601, each contractTypical four-bed in Murjan 3
200K300K2013201720212025Typical rent by year: 2014 AED 285,000; 2015 AED 261,250; 2016 AED 270,752; 2017 AED 262,500; 2018 AED 231,896; 2019 AED 200,000; 2020 AED 180,000; 2021 AED 174,000; 2022 AED 197,500; 2023 AED 218,623; 2024 AED 275,000; 2025 AED 231,000; 2026 AED 272,500New contract, October 2013: AED 350,000 a yearNew contract, November 2015: AED 295,000 a yearNew contract, November 2016: AED 295,000 a yearRenewal, November 2017: AED 295,000 a yearRenewal, November 2018: AED 265,000 a yearNew contract, December 2019: AED 185,000 a yearNew contract, December 2020: AED 165,000 a yearRenewal, December 2021: AED 175,000 a yearNew contract, December 2022: AED 183,881 a year

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

4-beds in Murjan 3, and where 1601 sits

All 18 4-beds →

Over the last 12 months four-beds sold for AED 2,101,234 to 5,200,000, around AED 1,499 per sqft, and rent for AED 225,000 to 550,000 a year. 1601's AED 183,881 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
20 Jul 20262,101,234
3 Jul 20265,200,000
29 Sep 20253,477,513
23 Sep 20245,000,000
2 4-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 16th floor

All 92 units in Murjan 3
Value
16024-bedAED 1.38M · Jan 2011

1601, Murjan 3 in numbers

  • Sold 3 times: first on 18 March 2008 for AED 5,120,000, last on 30 December 2024 for AED 5,500,000 (AED 1,753 per sqft).
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 350,000 to AED 165,000 in 2020 and recovered to AED 183,881 by December 2022.
  • At AED 183,881 a year the gross yield on the 2024 price is 3.3%, before a service charge of about AED 46,700 a year (AED 14.89 per sqft).
  • Four-beds in Murjan 3 sold for AED 2,101,234–5,200,000 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 30 December 2024.

Questions about 1601, Murjan 3

What did unit 1601 last sell for?

AED 5,500,000 on 30 December 2024: AED 1,753 per sqft for 3,136 sqft. The unit has 3 registered sales; the first was AED 5,120,000 in March 2008.

What is the rent for unit 1601?

AED 183,881 a year on the contract signed on 8 December 2022. The previous contract, from December 2021, was AED 175,000; the unit has been rented since October 2013.

How big is unit 1601?

3,136 sqft (291.3 sqm): a four-bedroom apartment on the 16th floor of a 29-storey tower completed in 2007.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Murjan 3 sold for AED 2,101,234 to 5,200,000 in the last 12 months, around AED 1,499 per sqft.

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Mortgage on 1601, Murjan 3

Starts from the last sale price (AED 5.5M, 30 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,500,000
Deposit, UAE resident (20%)
AED 1,100,000
Deposit, non-resident (40%)
AED 2,200,000
Monthly over 25 years at 3.7%
AED 22,502

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