2-bed · 1,470 sqftMurjan 3, Jumeirah Beach Residence · 25th floor · completed 2007

2503, Murjan 3

Sold prices and rental history: sold twice, last in April 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2503 · DLD and Ejari recordsUpdated 19 December 2021
Last soldAED 1.7M17 April 2018
Current rentAED 125K /yr19 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, Murjan 3

What is 2503 worth today?

Last sold for AED 1,700,000 in 2018

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19 Dec 2021RentedNew contract
AED 125,000/yr12 months · AED 85 per sqft
12 Apr 2020RentedNew contract
AED 90,000/yr12 months · AED 61 per sqft
1 Mar 2019RentedNew contract
AED 115,000/yr12 months · AED 78 per sqft
17 Apr 2018SoldReady
AED 1,700,000AED 1,156 per sqft
30 Mar 2017RentedNew contract
AED 135,000/yr12 months · AED 92 per sqft
25 Feb 2009Sold by developerReady
AED 1,980,000AED 1,347 per sqft

Source: Dubai Land Department. Updated 19 December 2021.

Key facts

Type
2-bed apartment
Size
1,470 sqft
Floor
25th of 29
Parking
B768
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,900 /yr
Last sold
AED 1.7M · April 2018
Building
Murjan 3

About 2503, Murjan 3

2503 is a two-bedroom apartment of 1,470 sqft on the 25th floor of Murjan 3, a 29-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 17 April 2018 for AED 1,700,000, or AED 1,156 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 19 December 2021, is AED 125,000 a year: a gross yield of 7.3% on the 2018 price, before the service charge of about AED 21,900 a year.

Sales and rents for 2503 over time

Sales
Unit 2503, 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 2009: AED 1,980,000 (AED 1,347 per sqft)Sold, April 2018: AED 1,700,000 (AED 1,156 per sqft)

2503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2503, 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, March 2017: AED 135,000 a yearNew contract, March 2019: AED 115,000 a yearNew contract, April 2020: AED 90,000 a yearNew contract, December 2021: AED 125,000 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 2503 sits

All 26 2-beds →

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. 2503's AED 125,000 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 25th floor

All 92 units in Murjan 3
Value
25012-bedAED 2.73M · Feb 2024
25022-bedAED 2.73M · Mar 2026
25042-bedAED 2.33M · Nov 2023

2503, Murjan 3 in numbers

  • Sold twice: first on 25 February 2009 for AED 1,980,000, last on 17 April 2018 for AED 1,700,000 (AED 1,156 per sqft).
  • Rented since March 2017 on 4 Ejari contracts. The rent fell from AED 135,000 to AED 90,000 in 2020 and recovered to AED 125,000 by December 2021.
  • At AED 125,000 a year the gross yield on the 2018 price is 7.3%, 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 19 December 2021.

Questions about 2503, Murjan 3

What did unit 2503 last sell for?

AED 1,700,000 on 17 April 2018: AED 1,156 per sqft for 1,470 sqft. The unit has 2 registered sales; the first was AED 1,980,000 in February 2009.

What is the rent for unit 2503?

AED 125,000 a year on the contract signed on 19 December 2021. The previous contract, from April 2020, was AED 90,000; the unit has been rented since March 2017.

How big is unit 2503?

1,470 sqft (136.6 sqm): a two-bedroom apartment on the 25th floor of a 29-storey tower completed in 2007.

What is unit 2503 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 2503, Murjan 3

Starts from the last sale price (AED 1.7M, 17 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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