1602, Murjan 3
Sold prices and rental history: sold twice, last in January 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Murjan 3
What is 1602 worth today?
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Source: Dubai Land Department. Updated 7 October 2026.
Key facts
- Type
- 4-bed apartment
- Size
- 3,136 sqft
- Floor
- 16th of 29
- Parking
- B755- B756
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 46,700 /yr
- Last sold
- AED 1.38M · January 2011
- Building
- Murjan 3
About 1602, Murjan 3
1602 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 17 January 2011 for AED 1,375,000, or AED 438 per sqft, 57% below the AED 1,015 four-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, renewed on 7 October 2026, is AED 295,000 a year: a gross yield of 21.4% on the 2011 price, before the service charge of about AED 46,700 a year.
Sales and rents for 1602 over time
1602 has sold twice; the dashed line is the four-bed median of each year in the building.
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 1602 sits
All 18 4-beds →1602 last sold in January 2011 at AED 438 per sqft, 57% below what four-beds in Murjan 3 were fetching at the time (AED 1,015). 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. 1602's AED 295,000 is in the lower half of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jul 202620 July 2026 | 1,568 sqft | 2,101,234 | 1,340 | ||
| 3 Jul 20263 July 2026 | 3,136 sqft | 5,200,000 | 1,658 | ||
| 29 Sep 202529 September 2025 | 3,136 sqft | 3,477,513 | 1,108 | ||
| 30 Dec 202430 December 2024 | 3,136 sqft | 5,500,000 | 1,753 |
Murjan 3
Building92 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%
Other units on the 16th floor
All 92 units in Murjan 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 4-bed | 3,136 sqft | AED 5.5MAED 5,500,000 · Dec 2024December 2024 | 183,881 /yr |
1602, Murjan 3 in numbers
- Sold twice: first on 25 February 2010 for AED 3,186,330, last on 17 January 2011 for AED 1,375,000 (AED 438 per sqft).
- Rented since January 2016 on 12 Ejari contracts. The rent fell from AED 230,000 to AED 160,000 in 2021 and recovered to AED 295,000 by October 2026.
- At AED 295,000 a year the gross yield on the 2011 price is 21.4%, 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 7 October 2026.
Questions about 1602, Murjan 3
What did unit 1602 last sell for?
AED 1,375,000 on 17 January 2011: AED 438 per sqft for 3,136 sqft. The unit has 2 registered sales; the first was AED 3,186,330 in February 2010.
What is the rent for unit 1602?
AED 295,000 a year on the contract renewed on 7 October 2026. The previous contract, from October 2025, was AED 275,000; the unit has been rented since January 2016.
How big is unit 1602?
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 1602 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 1602, Murjan 3
Starts from the last sale price (AED 1.38M, 17 January 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,375,000
- Deposit, UAE resident (20%)
- AED 275,000
- Deposit, non-resident (40%)
- AED 550,000
- Monthly over 25 years at 3.7%
- AED 5,626
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →