2-bed · 1,470 sqftMurjan 3, Jumeirah Beach Residence · 24th floor · completed 2007

2402, Murjan 3

Sold prices and rental history: sold once, by the developer in February 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2402 · DLD and Ejari recordsUpdated 9 February 2023
Last soldAED 2.48M19 February 2014
Current rentAED 163K /yr9 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, Murjan 3

What is 2402 worth today?

Last sold for AED 2,476,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Feb 2023RentedNew contract
AED 163,000/yr12 months · AED 111 per sqft
5 May 2022RentedRenewal
AED 120,000/yr12 months · AED 81 per sqft
5 May 2021RentedRenewal
AED 96,000/yr12 months · AED 65 per sqft
5 May 2020RentedRenewal
AED 107,000/yr12 months · AED 73 per sqft
5 May 2019RentedNew contract
AED 110,000/yr12 months · AED 75 per sqft
10 Oct 2017RentedRenewal
AED 139,000/yr12 months · AED 94 per sqft
10 Oct 2016RentedNew contract
AED 139,000/yr12 months · AED 94 per sqft
15 Jul 2015RentedNew contract
AED 185,000/yr12 months · AED 125 per sqft

Source: Dubai Land Department. Updated 9 February 2023.

Key facts

Type
2-bed apartment
Size
1,470 sqft
Floor
24th of 29
Parking
B777
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,900 /yr
Last sold
AED 2.48M · February 2014
Building
Murjan 3

About 2402, Murjan 3

2402 is a two-bedroom apartment of 1,470 sqft on the 24th floor of Murjan 3, a 29-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 19 February 2014 for AED 2,476,000, or AED 1,684 per sqft, in line with the AED 1,684 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 9 February 2023, is AED 163,000 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 21,900 a year.

Sales and rents for 2402 over time

Sales
Unit 2402, each saleTypical two-bed in Murjan 3
2M2.5M2008201320182023Typical 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 by developer, February 2014: AED 2,476,000 (AED 1,684 per sqft)

2402 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2402, each contractTypical two-bed in Murjan 3
100K150K200K2012201620202024Typical 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, July 2014: AED 185,000 a yearNew contract, July 2015: AED 185,000 a yearNew contract, October 2016: AED 139,000 a yearRenewal, October 2017: AED 139,000 a yearNew contract, May 2019: AED 110,000 a yearRenewal, May 2020: AED 107,000 a yearRenewal, May 2021: AED 96,000 a yearRenewal, May 2022: AED 120,000 a yearNew contract, February 2023: AED 163,000 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 2402 sits

All 26 2-beds →

2402 last sold in February 2014 at AED 1,684 per sqft, in line with what two-beds in Murjan 3 were fetching at the time (AED 1,684). 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. 2402's AED 163,000 is in the upper 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 24th floor

All 92 units in Murjan 3
Value
24012-bedAED 3.08M · Apr 2016
24032-bedAED 2.1M · May 2024
24042-bedAED 2.1M · Aug 2023

2402, Murjan 3 in numbers

  • Sold once: by Dubai Properties on 19 February 2014 for AED 2,476,000, or AED 1,684 per sqft.
  • Rented since July 2014 on 9 Ejari contracts. The rent fell from AED 185,000 to AED 96,000 in 2021 and recovered to AED 163,000 by February 2023.
  • At AED 163,000 a year the gross yield on the 2014 price is 6.6%, before a service charge of about AED 21,900 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 9 February 2023.

Questions about 2402, Murjan 3

What did unit 2402 last sell for?

AED 2,476,000 on 19 February 2014, sold by the developer: AED 1,684 per sqft for 1,470 sqft. It is the only registered sale of the unit.

What is the rent for unit 2402?

AED 163,000 a year on the contract signed on 9 February 2023. The previous contract, from May 2022, was AED 120,000; the unit has been rented since July 2014.

How big is unit 2402?

1,470 sqft (136.6 sqm): a two-bedroom apartment on the 24th floor of a 29-storey tower completed in 2007.

What is unit 2402 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.

Selling 2402? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2402, Murjan 3

Starts from the last sale price (AED 2.48M, 19 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,476,000
Deposit, UAE resident (20%)
AED 495,200
Deposit, non-resident (40%)
AED 990,400
Monthly over 25 years at 3.7%
AED 10,130

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