2-bed · 1,466 sqftMurjan 3, Jumeirah Beach Residence · 23rd floor · completed 2007

2304, Murjan 3

Sold prices and rental history: sold twice, last in May 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 2.98M29 May 2008
Current rentAED 120K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Murjan 3

What is 2304 worth today?

Last sold for AED 2,975,000 in 2008

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1 Aug 2025RentedRenewal
AED 120,063/yr12 months · AED 82 per sqft
1 Aug 2024RentedRenewal
AED 109,148/yr12 months · AED 74 per sqft
1 Aug 2023RentedRenewal
AED 99,225/yr12 months · AED 68 per sqft
1 Aug 2022RentedRenewal
AED 94,500/yr12 months · AED 64 per sqft
1 Jun 2021RentedNew contract
AED 90,000/yr14 months · AED 61 per sqft
20 Dec 2020RentedRenewal
AED 90,000/yr5 months · AED 61 per sqft
20 Sep 2020RentedNew contract
AED 90,000/yr3 months · AED 61 per sqft
20 Sep 2019RentedNew contract
AED 90,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
2-bed apartment
Size
1,466 sqft
Floor
23rd of 29
Parking
B738
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,800 /yr
Last sold
AED 2.98M · May 2008
Building
Murjan 3

About 2304, Murjan 3

2304 is a two-bedroom apartment of 1,466 sqft on the 23rd floor of Murjan 3, a 29-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 29 May 2008 for AED 2,975,000, or AED 2,029 per sqft, 28% above the AED 1,585 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 120,063 a year: a gross yield of 4.0% on the 2008 price, before the service charge of about AED 21,800 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, each saleTypical two-bed in Murjan 3
2M3M2008201320182023Typical sale price by year: 2008 AED 2,325,000; 2009 AED 2,000,000; 2013 AED 2,325,000; 2014 AED 2,675,500; 2016 AED 2,065,000; 2018 AED 1,700,000; 2022 AED 1,812,500; 2023 AED 2,100,000; 2024 AED 2,725,000; 2025 AED 2,084,644; 2026 AED 2,450,000Sold, May 2008: AED 2,975,000 (AED 2,029 per sqft)Sold by developer, May 2008: AED 2,325,000 (AED 1,585 per sqft)

2304 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2304, each contractTypical two-bed in Murjan 3
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 122,500; 2014 AED 160,000; 2015 AED 165,000; 2016 AED 145,000; 2017 AED 140,000; 2018 AED 132,500; 2019 AED 112,500; 2020 AED 90,000; 2021 AED 94,250; 2022 AED 100,000; 2023 AED 156,500; 2024 AED 140,000; 2025 AED 148,000; 2026 AED 116,525New contract, September 2014: AED 115,500 a yearRenewal, September 2015: AED 121,275 a yearRenewal, September 2016: AED 121,275 a yearRenewal, September 2017: AED 121,275 a yearNew contract, September 2019: AED 90,000 a yearNew contract, September 2020: AED 90,000 a yearRenewal, December 2020: AED 90,000 a yearNew contract, June 2021: AED 90,000 a yearRenewal, August 2022: AED 94,500 a yearRenewal, August 2023: AED 99,225 a yearRenewal, August 2024: AED 109,148 a yearRenewal, August 2025: AED 120,063 a year

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

2-beds in Murjan 3, and where 2304 sits

All 26 2-beds →

2304 last sold in May 2008 at AED 2,029 per sqft, 28% above what two-beds in Murjan 3 were fetching at the time (AED 1,585). Over the last 12 months two-beds sold for AED 2,275,000 to 2,730,000, around AED 1,667 per sqft, and rent for AED 110,000 to 170,000 a year. 2304's AED 120,063 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Aug 20262,450,000
4 Mar 20262,730,000
4 Feb 20262,275,000
13 Oct 20252,000,000
3 2-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 23rd floor

All 92 units in Murjan 3
Value
23012-bedAED 2.8M · Oct 2025
23022-bedAED 3.1M · May 2014
23032-bedAED 1.7M · Jul 2022

2304, Murjan 3 in numbers

  • Sold twice: first on 12 May 2008 for AED 2,325,000, last on 29 May 2008 for AED 2,975,000 (AED 2,029 per sqft).
  • Rented since September 2014 on 12 Ejari contracts. The rent fell from AED 115,500 to AED 90,000 in 2021 and recovered to AED 120,063 by August 2025.
  • At AED 120,063 a year the gross yield on the 2008 price is 4.0%, before a service charge of about AED 21,800 a year (AED 14.89 per sqft).
  • Two-beds in Murjan 3 sold for AED 2,275,000–2,730,000 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 1 August 2025.

Questions about 2304, Murjan 3

What did unit 2304 last sell for?

AED 2,975,000 on 29 May 2008: AED 2,029 per sqft for 1,466 sqft. The unit has 2 registered sales; the first was AED 2,325,000 in May 2008.

What is the rent for unit 2304?

AED 120,063 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 109,148; the unit has been rented since September 2014.

How big is unit 2304?

1,466 sqft (136.2 sqm): a two-bedroom apartment on the 23rd floor of a 29-storey tower completed in 2007.

What is unit 2304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Murjan 3 sold for AED 2,275,000 to 2,730,000 in the last 12 months, around AED 1,667 per sqft.

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Mortgage on 2304, Murjan 3

Starts from the last sale price (AED 2.98M, 29 May 2008). Switch to today's estimate once you have unlocked it.
Price
AED 2,975,000
Deposit, UAE resident (20%)
AED 595,000
Deposit, non-resident (40%)
AED 1,190,000
Monthly over 25 years at 3.7%
AED 12,172

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