3-bed · 1,882 sqftMurjan 6, Jumeirah Beach Residence · 3rd floor · completed 2007

304, Murjan 6

Sold prices and rental history: sold once, by the developer in April 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 699K16 April 2008
Current rentAED 165K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Murjan 6

What is 304 worth today?

Last sold for AED 699,000 in 2008

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1 Aug 2022RentedNew contract
AED 165,000/yr12 months · AED 88 per sqft
24 Nov 2021RentedNew contract
AED 125,000/yr12 months · AED 66 per sqft
3 Jun 2021RentedNew contract
AED 110,000/yr12 months · AED 58 per sqft
1 Dec 2020RentedNew contract
AED 100,000/yr12 months · AED 53 per sqft
1 Sep 2017RentedRenewal
AED 163,873/yr12 months · AED 87 per sqft
1 Sep 2016RentedRenewal
AED 163,873/yr12 months · AED 87 per sqft
1 Sep 2015RentedRenewal
AED 156,070/yr12 months · AED 83 per sqft
1 Sep 2014RentedNew contract
AED 141,882/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type
3-bed apartment
Size
1,882 sqft
Floor
3rd of 41
Parking
B186-187
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 699K · April 2008
Building
Murjan 6

About 304, Murjan 6

304 is a three-bedroom apartment of 1,882 sqft on the 3rd floor of Murjan 6, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 16 April 2008 for AED 699,000, or AED 371 per sqft, in line with the AED 371 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 1 August 2022, is AED 165,000 a year: a gross yield of 23.6% on the 2008 price, before the service charge of about AED 30,200 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical three-bed in Murjan 6
2M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 1,972,353; 2010 AED 1,725,000; 2011 AED 1,575,000; 2012 AED 1,175,000; 2013 AED 2,300,000; 2014 AED 3,075,000; 2015 AED 2,612,500; 2019 AED 1,550,000; 2023 AED 2,425,000; 2024 AED 2,525,000; 2025 AED 2,672,500Sold by developer, April 2008: AED 699,000 (AED 371 per sqft)

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

Rents
Unit 304, each contractTypical three-bed in Murjan 6
100K150K2012201620202024Typical rent by year: 2012 AED 127,500; 2013 AED 142,500; 2014 AED 156,200; 2015 AED 170,250; 2016 AED 165,000; 2017 AED 160,000; 2018 AED 150,000; 2019 AED 125,000; 2020 AED 96,500; 2021 AED 107,500; 2022 AED 124,484; 2023 AED 135,000; 2024 AED 157,047; 2025 AED 170,000; 2026 AED 177,500New contract, September 2012: AED 117,500 a yearNew contract, September 2013: AED 123,375 a yearNew contract, September 2014: AED 141,882 a yearRenewal, September 2015: AED 156,070 a yearRenewal, September 2016: AED 163,873 a yearRenewal, September 2017: AED 163,873 a yearNew contract, December 2020: AED 100,000 a yearNew contract, June 2021: AED 110,000 a yearNew contract, November 2021: AED 125,000 a yearNew contract, August 2022: AED 165,000 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 6, and where 304 sits

All 61 3-beds →

304 last sold in April 2008 at AED 371 per sqft, in line with what three-beds in Murjan 6 were fetching at the time (AED 371). Over the last 12 months three-beds sold for AED 2,685,000 to 4,525,000, around AED 1,736 per sqft, and rent for AED 140,000 to 260,000 a year. 304's AED 165,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
30 Jul 20262,685,000
3 Feb 20264,525,000
26 Sep 20253,100,000
10 Sep 20252,300,000
2 3-bed sales in the last 12 months

Murjan 6

Building

120 apartments, 2-bed to 4-bed over 41 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 7 sold in the last 12 months.

Typical price per sqft
AED 1,614
Typical sale
AED 4.3M
Typical rent
AED 170K /yr
Typical yield
5.6%
Murjan 6, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 3rd floor

All 120 units in Murjan 6
Value
3012-bedAED 1.75M · Nov 2023
3022-bedAED 2.28M · May 2014
3033-bedAED 699K · Jul 2008

304, Murjan 6 in numbers

  • Sold once: by Dubai Properties on 16 April 2008 for AED 699,000, or AED 371 per sqft.
  • Rented since September 2012 on 10 Ejari contracts. The rent fell from AED 117,500 to AED 100,000 in 2020 and recovered to AED 165,000 by August 2022.
  • At AED 165,000 a year the gross yield on the 2008 price is 23.6%, before a service charge of about AED 30,200 a year (AED 16.04 per sqft).
  • Three-beds in Murjan 6 sold for AED 2,685,000–4,525,000 in the 12 months to November 2026; the building's median across all types is AED 1,614 per sqft.

Source: Dubai Land Department. Updated 1 August 2022.

Questions about 304, Murjan 6

What did unit 304 last sell for?

AED 699,000 on 16 April 2008, sold by the developer: AED 371 per sqft for 1,882 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 165,000 a year on the contract signed on 1 August 2022. The previous contract, from November 2021, was AED 125,000; the unit has been rented since September 2012.

How big is unit 304?

1,882 sqft (174.8 sqm): a three-bedroom apartment on the 3rd floor of a 41-storey tower completed in 2007.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Murjan 6 sold for AED 2,685,000 to 4,525,000 in the last 12 months, around AED 1,736 per sqft.

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Mortgage on 304, Murjan 6

Starts from the last sale price (AED 699K, 16 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

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