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3-bed · 2,170 sqftMurjan 3, Jumeirah Beach Residence · 9th floor · completed 2007

901, Murjan 3

Sold prices and rental history: sold twice, last in May 2016, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 24 June 2022
Last soldAED 2M1 May 2016
Current rentAED 210K /yr24 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 901, Murjan 3

What is 901 worth today?

Last sold for AED 2,000,000 in 2016

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24 Jun 2022RentedNew contract
AED 210,000/yr12 months · AED 97 per sqft
1 Oct 2019RentedNew contract
AED 210,000/yr12 months · AED 97 per sqft
1 May 2016SoldReady
AED 2,000,000AED 921 per sqft
15 Jul 2012Sold by developerReady
AED 3,550,000AED 1,635 per sqft
1 Apr 2012RentedNew contract
AED 190,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 24 June 2022.

Key facts

Type
3-bed apartment
Size
2,170 sqft
Floor
9th of 29
Parking
G517- G518
Developer
Dubai Properties
Completed
2007
Service charge
AED 32,300 /yr
Last sold
AED 2M · May 2016
Building
Murjan 3

About 901, Murjan 3

901 is a three-bedroom apartment of 2,170 sqft on the 9th floor of Murjan 3, a 29-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 May 2016 for AED 2,000,000, or AED 921 per sqft, 23% below the AED 1,199 three-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 24 June 2022, is AED 210,000 a year: a gross yield of 10.5% on the 2016 price, before the service charge of about AED 32,300 a year.

Sales and rents for 901 over time

Sales
Unit 901, 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, July 2012: AED 3,550,000 (AED 1,635 per sqft)Sold, May 2016: AED 2,000,000 (AED 921 per sqft)

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

Rents
Unit 901, 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, April 2012: AED 190,000 a yearNew contract, October 2019: AED 210,000 a yearNew contract, June 2022: AED 210,000 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 901 sits

All 52 3-beds →

901 last sold in May 2016 at AED 921 per sqft, 23% below what three-beds in Murjan 3 were fetching at the time (AED 1,199). 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. 901's AED 210,000 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 9th floor

All 92 units in Murjan 3
Value
9023-bedAED 3.3M · Apr 2023
9033-bedAED 4.36M · Jan 2009
9043-bedAED 2.14M · Apr 2012

901, Murjan 3 in numbers

  • Sold twice: first on 15 July 2012 for AED 3,550,000, last on 1 May 2016 for AED 2,000,000 (AED 921 per sqft).
  • Rented since April 2012 on 3 Ejari contracts, from AED 190,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2016 price is 10.5%, 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 24 June 2022.

Questions about 901, Murjan 3

What did unit 901 last sell for?

AED 2,000,000 on 1 May 2016: AED 921 per sqft for 2,170 sqft. The unit has 2 registered sales; the first was AED 3,550,000 in July 2012.

What is the rent for unit 901?

AED 210,000 a year on the contract signed on 24 June 2022. The previous contract, from October 2019, was AED 210,000; the unit has been rented since April 2012.

How big is unit 901?

2,170 sqft (201.6 sqm): a three-bedroom apartment on the 9th floor of a 29-storey tower completed in 2007.

What is unit 901 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 901, Murjan 3

Starts from the last sale price (AED 2M, 1 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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