2-bed · 1,466 sqftMurjan 3, Jumeirah Beach Residence · 26th floor · completed 2007

2604, Murjan 3

Sold prices and rental history: sold twice, last in October 2018, and rented once, from June 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2604 · DLD and Ejari recordsUpdated 25 October 2018
Last soldAED 1.6M25 October 2018
Current rentAED 145K /yr8 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2604, Murjan 3

What is 2604 worth today?

Last sold for AED 1,600,000 in 2018

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25 Oct 2018SoldReady
AED 1,600,000AED 1,091 per sqft
8 Jun 2016RentedNew contract
AED 145,000/yr12 months · AED 99 per sqft
15 Apr 2008Sold by developerReady
AED 3,024,000AED 2,062 per sqft

Source: Dubai Land Department. Updated 25 October 2018.

Key facts

Type
2-bed apartment
Size
1,466 sqft
Floor
26th of 29
Parking
B759
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,800 /yr
Last sold
AED 1.6M · October 2018
Building
Murjan 3

About 2604, Murjan 3

2604 is a two-bedroom apartment of 1,466 sqft on the 26th floor of Murjan 3, a 29-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 25 October 2018 for AED 1,600,000, or AED 1,091 per sqft, in line with the AED 1,091 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 June 2016. The current contract, signed on 8 June 2016, is AED 145,000 a year: a gross yield of 9.1% on the 2018 price, before the service charge of about AED 21,800 a year.

Sales and rents for 2604 over time

Sales
Unit 2604, 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 by developer, April 2008: AED 3,024,000 (AED 2,062 per sqft)Sold, October 2018: AED 1,600,000 (AED 1,091 per sqft)

2604 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2604, 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, June 2016: AED 145,000 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 2604 sits

All 26 2-beds →

2604 last sold in October 2018 at AED 1,091 per sqft, in line with what two-beds in Murjan 3 were fetching at the time (AED 1,091). 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. 2604's AED 145,000 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 26th floor

All 92 units in Murjan 3
Value
26012-bedAED 2.33M · Jan 2009
26022-bedAED 2.45M · Aug 2026
26032-bedAED 1.98M · Nov 2008

2604, Murjan 3 in numbers

  • Sold twice: first on 15 April 2008 for AED 3,024,000, last on 25 October 2018 for AED 1,600,000 (AED 1,091 per sqft).
  • Rented since June 2016 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2018 price is 9.1%, 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 25 October 2018.

Questions about 2604, Murjan 3

What did unit 2604 last sell for?

AED 1,600,000 on 25 October 2018: AED 1,091 per sqft for 1,466 sqft. The unit has 2 registered sales; the first was AED 3,024,000 in April 2008.

What is the rent for unit 2604?

AED 145,000 a year on the contract signed on 8 June 2016.

How big is unit 2604?

1,466 sqft (136.2 sqm): a two-bedroom apartment on the 26th floor of a 29-storey tower completed in 2007.

What is unit 2604 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 2604, Murjan 3

Starts from the last sale price (AED 1.6M, 25 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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