702, 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.
Property timeline for 702, Murjan 4
What is 702 worth today?
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Source: Dubai Land Department. Updated 10 November 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,128 sqft
- Floor
- 7th of 36
- Parking
- G150, 151
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 41,600 /yr
- Last sold
- AED 1.5M · June 2011
- Building
- Murjan 4
About 702, Murjan 4
702 is a three-bedroom apartment of 2,128 sqft on the 7th 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 1,500,000, or AED 704 per sqft, in line with the AED 704 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 10 November 2024, is AED 215,789 a year: a gross yield of 14.4% on the 2011 price, before the service charge of about AED 41,600 a year.
Sales and rents for 702 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Murjan 4, and where 702 sits
All 64 3-beds →702 last sold in June 2011 at AED 704 per sqft, in line with what three-beds in Murjan 4 were fetching at the time (AED 704). 702's AED 215,789 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Jun 20116 June 2011 | 2,653 sqft | 1,500,000 | 565 | ||
| 6 Jun 20116 June 2011 | 2,128 sqft | 1,500,000 | 704 | ||
| 6 Jun 20116 June 2011 | 2,653 sqft | 1,500,000 | 565 | ||
| 6 Jun 20116 June 2011 | 2,128 sqft | 1,500,000 | 704 |
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 7th floor
All 114 units in Murjan 4702, Murjan 4 in numbers
- Sold once: by Dubai Properties on 5 June 2011 for AED 1,500,000, or AED 704 per sqft.
- Rented since October 2013 on 8 Ejari contracts, from AED 238,889 to AED 215,789 a year.
- At AED 215,789 a year the gross yield on the 2011 price is 14.4%, before a service charge of about AED 41,600 a year (AED 19.53 per sqft).
Source: Dubai Land Department. Updated 10 November 2024.
Questions about 702, Murjan 4
What did unit 702 last sell for?
AED 1,500,000 on 5 June 2011, sold by the developer: AED 704 per sqft for 2,128 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 215,789 a year on the contract renewed on 10 November 2024. The previous contract, from November 2023, was AED 215,789; the unit has been rented since October 2013.
How big is unit 702?
2,128 sqft (197.7 sqm): a three-bedroom apartment on the 7th floor of a 36-storey tower completed in 2007.
What is unit 702 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 702, Murjan 4
Starts from the last sale price (AED 1.5M, 5 June 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →