3-bed · 2,673 sqftMurjan 3, Jumeirah Beach Residence · 5th floor · completed 2007

503, Murjan 3

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 28 October 2024
Last soldAED 3.42M28 October 2024
Current rentAED 220K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Murjan 3

What is 503 worth today?

Last sold for AED 3,420,000 in 2024

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28 Oct 2024SoldReady
AED 3,420,000AED 1,279 per sqft
1 Oct 2022RentedNew contract
AED 220,000/yr12 months · AED 82 per sqft
31 Aug 2021RentedNew contract
AED 150,000/yr12 months · AED 56 per sqft
1 Oct 2020RentedNew contract
AED 120,000/yr12 months · AED 45 per sqft
2 Jun 2018RentedNew contract
AED 175,000/yr12 months · AED 65 per sqft
1 Jun 2018RentedNew contract
AED 175,000/yr12 months · AED 65 per sqft
15 Nov 2016RentedRenewal
AED 225,000/yr12 months · AED 84 per sqft
15 Nov 2015RentedNew contract
AED 225,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 28 October 2024.

Key facts

Type
3-bed apartment
Size
2,673 sqft
Floor
5th of 29
Parking
B074- B075
Developer
Dubai Properties
Completed
2007
Service charge
AED 39,800 /yr
Last sold
AED 3.42M · October 2024
Building
Murjan 3

About 503, Murjan 3

503 is a three-bedroom apartment of 2,673 sqft on the 5th floor of Murjan 3, a 29-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 28 October 2024 for AED 3,420,000, or AED 1,279 per sqft, in line with the AED 1,294 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 October 2022, is AED 220,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 39,800 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical three-bed in Murjan 3
2M4M2008201320182023Typical 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, February 2010: AED 2,689,155 (AED 1,006 per sqft)Sold, April 2012: AED 1,800,000 (AED 673 per sqft)Sold, October 2024: AED 3,420,000 (AED 1,279 per sqft)

503 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 503, 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, February 2013: AED 200,000 a yearNew contract, October 2013: AED 220,000 a yearNew contract, November 2015: AED 225,000 a yearRenewal, November 2016: AED 225,000 a yearNew contract, June 2018: AED 175,000 a yearNew contract, June 2018: AED 175,000 a yearNew contract, October 2020: AED 120,000 a yearNew contract, August 2021: AED 150,000 a yearNew contract, October 2022: AED 220,000 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 503 sits

All 52 3-beds →

503 last sold in October 2024 at AED 1,279 per sqft, in line with what three-beds in Murjan 3 were fetching at the time (AED 1,294). 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. 503's AED 220,000 is in the upper 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 5th floor

All 92 units in Murjan 3
Value
5013-bedAED 3.21M · Nov 2023
5023-bedAED 4.1M · Oct 2025
5043-bedAED 3.3M · Oct 2024

503, Murjan 3 in numbers

  • Sold 3 times: first on 25 February 2010 for AED 2,689,155, last on 28 October 2024 for AED 3,420,000 (AED 1,279 per sqft).
  • Rented since February 2013 on 9 Ejari contracts. The rent fell from AED 200,000 to AED 120,000 in 2020 and recovered to AED 220,000 by October 2022.
  • At AED 220,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 39,800 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 28 October 2024.

Questions about 503, Murjan 3

What did unit 503 last sell for?

AED 3,420,000 on 28 October 2024: AED 1,279 per sqft for 2,673 sqft. The unit has 3 registered sales; the first was AED 2,689,155 in February 2010.

What is the rent for unit 503?

AED 220,000 a year on the contract signed on 1 October 2022. The previous contract, from August 2021, was AED 150,000; the unit has been rented since February 2013.

How big is unit 503?

2,673 sqft (248.3 sqm): a three-bedroom apartment on the 5th floor of a 29-storey tower completed in 2007.

What is unit 503 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 503, Murjan 3

Starts from the last sale price (AED 3.42M, 28 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,420,000
Deposit, UAE resident (20%)
AED 684,000
Deposit, non-resident (40%)
AED 1,368,000
Monthly over 25 years at 3.7%
AED 13,992

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