2803, Murjan 4
Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2803, Murjan 4
What is 2803 worth today?
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Source: Dubai Land Department. Updated 20 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,464 sqft
- Floor
- 28th of 36
- Parking
- B804
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,600 /yr
- Last sold
- AED 2M · June 2011
- Building
- Murjan 4
About 2803, Murjan 4
2803 is a two-bedroom apartment of 1,464 sqft on the 28th floor of Murjan 4, a 36-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 5 June 2011 for AED 2,000,000, or AED 1,366 per sqft, in line with the AED 1,366 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 20 September 2023, is AED 166,316 a year: a gross yield of 8.3% on the 2011 price, before the service charge of about AED 28,600 a year.
Sales and rents for 2803 over time
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Murjan 4, and where 2803 sits
All 28 2-beds →2803 last sold in June 2011 at AED 1,366 per sqft, in line with what two-beds in Murjan 4 were fetching at the time (AED 1,366). 2803's AED 166,316 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Jun 20116 June 2011 | 1,463 sqft | 2,000,000 | 1,366 | ||
| 6 Jun 20116 June 2011 | 1,463 sqft | 2,000,000 | 1,366 | ||
| 6 Jun 20116 June 2011 | 1,463 sqft | 2,000,000 | 1,366 | ||
| 6 Jun 20116 June 2011 | 1,463 sqft | 2,000,000 | 1,366 |
Murjan 4
Building114 apartments, 2-bed to 4-bed over 36 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 232K /yr
- Typical yield
Other units on the 28th floor
All 114 units in Murjan 42803, Murjan 4 in numbers
- Sold once: by Dubai Properties on 5 June 2011 for AED 2,000,000, or AED 1,366 per sqft.
- Rented since September 2015 on 9 Ejari contracts. The rent fell from AED 208,889 to AED 147,368 in 2020 and recovered to AED 166,316 by September 2023.
- At AED 166,316 a year the gross yield on the 2011 price is 8.3%, before a service charge of about AED 28,600 a year (AED 19.53 per sqft).
Source: Dubai Land Department. Updated 20 September 2023.
Questions about 2803, Murjan 4
What did unit 2803 last sell for?
AED 2,000,000 on 5 June 2011, sold by the developer: AED 1,366 per sqft for 1,464 sqft. It is the only registered sale of the unit.
What is the rent for unit 2803?
AED 166,316 a year on the contract renewed on 20 September 2023. The previous contract, from September 2022, was AED 166,667; the unit has been rented since September 2015.
How big is unit 2803?
1,464 sqft (136.0 sqm): a two-bedroom apartment on the 28th floor of a 36-storey tower completed in 2007.
What is unit 2803 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2803, Murjan 4
Starts from the last sale price (AED 2M, 5 June 2011). 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 →