2-bed · 1,463 sqftMurjan 4, Jumeirah Beach Residence · 29th floor · completed 2007

2901, Murjan 4

Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 8 December 2022
Last soldAED 2M5 June 2011
Current rentAED 200K /yr8 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, Murjan 4

What is 2901 worth today?

Last sold for AED 2,000,000 in 2011

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8 Dec 2022RentedNew contract
AED 200,000/yr6 months · AED 137 per sqft
15 Dec 2021RentedNew contract
AED 166,667/yr12 months · AED 114 per sqft
5 Feb 2021RentedNew contract
AED 130,000/yr6 months · AED 89 per sqft
5 Feb 2020RentedNew contract
AED 130,000/yr6 months · AED 89 per sqft
1 Sep 2016RentedRenewal
AED 162,781/yr14 months · AED 111 per sqft
1 Sep 2015RentedNew contract
AED 205,556/yr12 months · AED 140 per sqft
1 Jul 2014RentedNew contract
AED 194,809/yr12 months · AED 133 per sqft
4 Jun 2013RentedNew contract
AED 198,760/yr13 months · AED 136 per sqft

Source: Dubai Land Department. Updated 8 December 2022.

Key facts

Type
2-bed apartment
Size
1,463 sqft
Floor
29th of 36
Parking
B805
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,600 /yr
Last sold
AED 2M · June 2011
Building
Murjan 4

About 2901, Murjan 4

2901 is a two-bedroom apartment of 1,463 sqft on the 29th 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 2013 on 8 Ejari contracts. The current contract, signed on 8 December 2022, is AED 200,000 a year: a gross yield of 10.0% on the 2011 price, before the service charge of about AED 28,600 a year.

Sales and rents for 2901 over time

Rents
Unit 2901, each contractTypical two-bed in Murjan 4
150K200K2013201720212025Typical rent by year: 2013 AED 206,945; 2014 AED 218,889; 2015 AED 212,500; 2016 AED 209,474; 2017 AED 201,053; 2018 AED 194,737; 2019 AED 153,948; 2020 AED 133,333; 2021 AED 142,105; 2022 AED 160,000; 2023 AED 173,684; 2024 AED 189,094; 2025 AED 188,889; 2026 AED 178,947New contract, June 2013: AED 198,760 a yearNew contract, July 2014: AED 194,809 a yearNew contract, September 2015: AED 205,556 a yearRenewal, September 2016: AED 162,781 a yearNew contract, February 2020: AED 130,000 a yearNew contract, February 2021: AED 130,000 a yearNew contract, December 2021: AED 166,667 a yearNew contract, December 2022: AED 200,000 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 4, and where 2901 sits

All 28 2-beds →

2901 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). 2901's AED 200,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Jun 20112,000,000
6 Jun 20112,000,000
6 Jun 20112,000,000
6 Jun 20112,000,000
0 2-bed sales in the last 12 months

Murjan 4

Building

114 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
Murjan 4, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 29th floor

All 114 units in Murjan 4
Value
29022-bedAED 2M · Jun 2011
29032-bedAED 2M · Jun 2011
29042-bedAED 2M · Jun 2011

2901, 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 June 2013 on 8 Ejari contracts. The rent fell from AED 198,760 to AED 130,000 in 2021 and recovered to AED 200,000 by December 2022.
  • At AED 200,000 a year the gross yield on the 2011 price is 10.0%, before a service charge of about AED 28,600 a year (AED 19.53 per sqft).

Source: Dubai Land Department. Updated 8 December 2022.

Questions about 2901, Murjan 4

What did unit 2901 last sell for?

AED 2,000,000 on 5 June 2011, sold by the developer: AED 1,366 per sqft for 1,463 sqft. It is the only registered sale of the unit.

What is the rent for unit 2901?

AED 200,000 a year on the contract signed on 8 December 2022. The previous contract, from December 2021, was AED 166,667; the unit has been rented since June 2013.

How big is unit 2901?

1,463 sqft (135.9 sqm): a two-bedroom apartment on the 29th floor of a 36-storey tower completed in 2007.

What is unit 2901 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 2901, 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 →