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4-bed · 3,136 sqftMurjan 3, Jumeirah Beach Residence · 18th floor · completed 2007

1802, Murjan 3

Sold prices and rental history: sold twice, last in January 2011, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 15 May 2017
Last soldAED 1.38M16 January 2011
Current rentAED 284K /yr15 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1802, Murjan 3

What is 1802 worth today?

Last sold for AED 1,375,000 in 2011

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15 May 2017RentedRenewal
AED 284,444/yr13 months · AED 91 per sqft
15 May 2016RentedNew contract
AED 300,000/yr12 months · AED 96 per sqft
16 Jan 2011SoldReady
AED 1,375,000AED 438 per sqft
25 Feb 2010Sold by developerReady
AED 3,186,330AED 1,015 per sqft

Source: Dubai Land Department. Updated 15 May 2017.

Key facts

Type
4-bed apartment
Size
3,136 sqft
Floor
18th of 29
Parking
G397- G398
Developer
Dubai Properties
Completed
2007
Service charge
AED 46,700 /yr
Last sold
AED 1.38M · January 2011
Building
Murjan 3

About 1802, Murjan 3

1802 is a four-bedroom apartment of 3,136 sqft on the 18th floor of Murjan 3, a 29-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 16 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 since 2016 on 2 Ejari contracts. The current contract, renewed on 15 May 2017, is AED 284,444 a year: a gross yield of 20.7% on the 2011 price, before the service charge of about AED 46,700 a year.

Sales and rents for 1802 over time

Sales
Unit 1802, each saleTypical four-bed in Murjan 3
05M10M2007201120152019Typical 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, February 2010: AED 3,186,330 (AED 1,015 per sqft)Sold, January 2011: AED 1,375,000 (AED 438 per sqft)

1802 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1802, each contractTypical four-bed in Murjan 3
200K300K2014201820222026Typical 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, May 2016: AED 300,000 a yearRenewal, May 2017: AED 284,444 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 1802 sits

All 18 4-beds →

1802 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. 1802's AED 284,444 is in the lower half 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
30 Dec 20245,500,000
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 18th floor

All 92 units in Murjan 3
Value
18014-bedAED 3.45M · Jan 2012

1802, Murjan 3 in numbers

  • Sold twice: first on 25 February 2010 for AED 3,186,330, last on 16 January 2011 for AED 1,375,000 (AED 438 per sqft).
  • Rented since May 2016 on 2 Ejari contracts, from AED 300,000 to AED 284,444 a year.
  • At AED 284,444 a year the gross yield on the 2011 price is 20.7%, 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 15 May 2017.

Questions about 1802, Murjan 3

What did unit 1802 last sell for?

AED 1,375,000 on 16 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 1802?

AED 284,444 a year on the contract renewed on 15 May 2017. The previous contract, from May 2016, was AED 300,000.

How big is unit 1802?

3,136 sqft (291.3 sqm): a four-bedroom apartment on the 18th floor of a 29-storey tower completed in 2007.

What is unit 1802 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 1802, Murjan 3

Starts from the last sale price (AED 1.38M, 16 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 →