UP03, 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 UP03, Murjan 4
What is UP03 worth today?
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Source: Dubai Land Department. Updated 24 November 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,667 sqft
- Parking
- B466, 467
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 52,100 /yr
- Last sold
- AED 1.5M · June 2011
- Building
- Murjan 4
About UP03, Murjan 4
UP03 is a three-bedroom apartment of 2,667 sqft 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 562 per sqft, 20% below the AED 704 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 24 November 2023, is AED 260,000 a year: a gross yield of 17.3% on the 2011 price, before the service charge of about AED 52,100 a year.
Sales and rents for UP03 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 UP03 sits
All 64 3-beds →UP03 last sold in June 2011 at AED 562 per sqft, 20% below what three-beds in Murjan 4 were fetching at the time (AED 704). UP03's AED 260,000 is in the upper 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
UP03, Murjan 4 in numbers
- Sold once: by Dubai Properties on 5 June 2011 for AED 1,500,000, or AED 562 per sqft.
- Rented since June 2013 on 12 Ejari contracts. The rent fell from AED 210,467 to AED 152,381 in 2020 and recovered to AED 260,000 by November 2023.
- At AED 260,000 a year the gross yield on the 2011 price is 17.3%, before a service charge of about AED 52,100 a year (AED 19.53 per sqft).
Source: Dubai Land Department. Updated 24 November 2023.
Questions about UP03, Murjan 4
What did unit UP03 last sell for?
AED 1,500,000 on 5 June 2011, sold by the developer: AED 562 per sqft for 2,667 sqft. It is the only registered sale of the unit.
What is the rent for unit UP03?
AED 260,000 a year on the contract signed on 24 November 2023. The previous contract, from November 2022, was AED 178,947; the unit has been rented since June 2013.
How big is unit UP03?
2,667 sqft (247.8 sqm): a three-bedroom apartment of a 36-storey tower completed in 2007.
What is unit UP03 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 UP03, 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 →