3-bed · 2,170 sqftMurjan 3, Jumeirah Beach Residence · 4th floor · completed 2007

402, Murjan 3

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 5 May 2023
Last soldAED 3.08M5 May 2023
Current rentAED 135K /yr1 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Murjan 3

What is 402 worth today?

Last sold for AED 3,080,000 in 2023

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5 May 2023SoldReady
AED 3,080,000AED 1,419 per sqft
1 Jan 2022RentedRenewal
AED 135,000/yr12 months · AED 62 per sqft
1 Jan 2021RentedNew contract
AED 120,000/yr12 months · AED 55 per sqft
26 Sep 2019RentedNew contract
AED 158,400/yr12 months · AED 73 per sqft
26 Sep 2018RentedNew contract
AED 165,000/yr12 months · AED 76 per sqft
15 Jul 2017RentedNew contract
AED 190,000/yr12 months · AED 88 per sqft
15 Jul 2016RentedNew contract
AED 180,000/yr12 months · AED 83 per sqft
3 Oct 2013Sold by developerReady
AED 3,550,000AED 1,635 per sqft

Source: Dubai Land Department. Updated 5 May 2023.

Key facts

Type
3-bed apartment
Size
2,170 sqft
Floor
4th of 29
Parking
B728- B729
Developer
Dubai Properties
Completed
2007
Service charge
AED 32,300 /yr
Last sold
AED 3.08M · May 2023
Building
Murjan 3

About 402, Murjan 3

402 is a three-bedroom apartment of 2,170 sqft on the 4th floor of Murjan 3, a 29-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 5 May 2023 for AED 3,080,000, or AED 1,419 per sqft, 3% below the AED 1,470 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 January 2022, is AED 135,000 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 32,300 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Murjan 3
2M3M4M2008201320182023Typical sale price by year: 2008 AED 3,925,000; 2009 AED 4,355,000; 2010 AED 2,689,155; 2011 AED 3,379,000; 2012 AED 3,029,290; 2013 AED 3,550,000; 2014 AED 3,800,000; 2015 AED 3,253,500; 2018 AED 2,750,000; 2021 AED 2,200,000; 2023 AED 3,210,000; 2024 AED 3,420,000; 2025 AED 3,900,000Sold by developer, October 2013: AED 3,550,000 (AED 1,635 per sqft)Sold, May 2023: AED 3,080,000 (AED 1,419 per sqft)

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

Rents
Unit 402, each contractTypical three-bed in Murjan 3
150K200K2012201620202024Typical rent by year: 2012 AED 145,330; 2013 AED 190,000; 2014 AED 195,675; 2015 AED 200,000; 2016 AED 195,000; 2017 AED 190,000; 2018 AED 175,000; 2019 AED 160,000; 2020 AED 140,000; 2021 AED 135,000; 2022 AED 147,000; 2023 AED 165,000; 2024 AED 200,000; 2025 AED 200,000; 2026 AED 182,500New contract, July 2016: AED 180,000 a yearNew contract, July 2017: AED 190,000 a yearNew contract, September 2018: AED 165,000 a yearNew contract, September 2019: AED 158,400 a yearNew contract, January 2021: AED 120,000 a yearRenewal, January 2022: AED 135,000 a year

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

3-beds in Murjan 3, and where 402 sits

All 52 3-beds →

402 last sold in May 2023 at AED 1,419 per sqft, 3% below what three-beds in Murjan 3 were fetching at the time (AED 1,470). Over the last 12 months three-beds sold for AED 3,100,000 to 3,900,000, around AED 1,444 per sqft, and rent for AED 90,000 to 245,000 a year. 402's AED 135,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
20 Jul 20263,386,205
19 Dec 20253,100,000
18 Dec 20253,900,000
17 Nov 20253,600,000
4 3-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 4th floor

All 92 units in Murjan 3
Value
4013-bedAED 2.4M · May 2021
4033-bedAED 3.62M · Dec 2024
4043-bedAED 3.19M · Nov 2023

402, Murjan 3 in numbers

  • Sold twice: first on 3 October 2013 for AED 3,550,000, last on 5 May 2023 for AED 3,080,000 (AED 1,419 per sqft).
  • Rented since July 2016 on 6 Ejari contracts. The rent fell from AED 180,000 to AED 120,000 in 2021 and recovered to AED 135,000 by January 2022.
  • At AED 135,000 a year the gross yield on the 2023 price is 4.4%, before a service charge of about AED 32,300 a year (AED 14.89 per sqft).
  • Three-beds in Murjan 3 sold for AED 3,100,000–3,900,000 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 5 May 2023.

Questions about 402, Murjan 3

What did unit 402 last sell for?

AED 3,080,000 on 5 May 2023: AED 1,419 per sqft for 2,170 sqft. The unit has 2 registered sales; the first was AED 3,550,000 in October 2013.

What is the rent for unit 402?

AED 135,000 a year on the contract renewed on 1 January 2022. The previous contract, from January 2021, was AED 120,000; the unit has been rented since July 2016.

How big is unit 402?

2,170 sqft (201.6 sqm): a three-bedroom apartment on the 4th floor of a 29-storey tower completed in 2007.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Murjan 3 sold for AED 3,100,000 to 3,900,000 in the last 12 months, around AED 1,444 per sqft.

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Mortgage on 402, Murjan 3

Starts from the last sale price (AED 3.08M, 5 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,080,000
Deposit, UAE resident (20%)
AED 616,000
Deposit, non-resident (40%)
AED 1,232,000
Monthly over 25 years at 3.7%
AED 12,601

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