2-bed · 1,396 sqftMurjan 6, Jumeirah Beach Residence · 7th floor · completed 2007

701, Murjan 6

Sold prices and rental history: sold twice, last in October 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.4M10 October 2007
Current rentAED 139K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Murjan 6

What is 701 worth today?

Last sold for AED 1,400,000 in 2007

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1 Dec 2024RentedRenewal
AED 139,038/yr36 months · AED 100 per sqft
1 Dec 2024RentedRenewal
AED 139,038/yr36 months · AED 99 per sqft
1 Sep 2023RentedRenewal
AED 157,500/yr15 months · AED 113 per sqft
1 Sep 2022RentedRenewal
AED 97,000/yr12 months · AED 69 per sqft
1 Sep 2021RentedRenewal
AED 80,000/yr12 months · AED 57 per sqft
1 Sep 2020RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
4 Aug 2019RentedRenewal
AED 107,500/yr12 months · AED 77 per sqft
4 Aug 2018RentedRenewal
AED 115,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
2-bed apartment
Size
1,396 sqft
Floor
7th of 41
Parking
B213
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,400 /yr
Last sold
AED 1.4M · October 2007
Building
Murjan 6

About 701, Murjan 6

701 is a two-bedroom apartment of 1,396 sqft on the 7th floor of Murjan 6, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 10 October 2007 for AED 1,400,000, or AED 1,002 per sqft, 134% above the AED 428 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 139,038 a year: a gross yield of 9.9% on the 2007 price, before the service charge of about AED 22,400 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in Murjan 6
1M2M2007201220172022Typical sale price by year: 2007 AED 599,000; 2008 AED 635,000; 2010 AED 550,000; 2011 AED 1,450,000; 2012 AED 1,230,000; 2013 AED 1,700,000; 2014 AED 2,300,000; 2025 AED 2,050,000Sold by developer, September 2007: AED 550,000 (AED 393 per sqft)Sold, October 2007: AED 1,400,000 (AED 1,002 per sqft)

701 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 701, each contractTypical two-bed in Murjan 6
100K150K2012201620202024Typical rent by year: 2012 AED 87,500; 2013 AED 110,000; 2014 AED 118,250; 2015 AED 128,000; 2016 AED 123,138; 2017 AED 120,000; 2018 AED 106,452; 2019 AED 95,000; 2020 AED 77,500; 2021 AED 80,000; 2022 AED 93,250; 2023 AED 100,000; 2024 AED 130,000; 2025 AED 130,000; 2026 AED 130,000New contract, July 2013: AED 127,000 a yearNew contract, March 2015: AED 140,000 a yearRenewal, September 2015: AED 130,000 a yearRenewal, September 2016: AED 130,000 a yearNew contract, August 2017: AED 125,000 a yearRenewal, August 2018: AED 115,000 a yearRenewal, August 2019: AED 107,500 a yearNew contract, September 2020: AED 80,000 a yearRenewal, September 2021: AED 80,000 a yearRenewal, September 2022: AED 97,000 a yearRenewal, September 2023: AED 157,500 a yearRenewal, December 2024: AED 139,038 a yearRenewal, December 2024: AED 139,038 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 6, and where 701 sits

All 27 2-beds →

701 last sold in October 2007 at AED 1,002 per sqft, 134% above what two-beds in Murjan 6 were fetching at the time (AED 428). Over the last 12 months two-beds sold for AED 2,050,000, around AED 1,468 per sqft, and rent for AED 105,000 to 161,134 a year. 701's AED 139,038 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Nov 20252,050,000
5 Nov 20252,075,000
25 Sep 20252,050,000
7 Jan 20252,050,000
1 2-bed sale 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 7th floor

All 120 units in Murjan 6
Value
7022-bedAED 550K · Apr 2008
7033-bedAED 3.08M · Aug 2014
7043-bedAED 699K · Aug 2008

701, Murjan 6 in numbers

  • Sold twice: first on 9 September 2007 for AED 550,000, last on 10 October 2007 for AED 1,400,000 (AED 1,002 per sqft).
  • Rented since July 2013 on 13 Ejari contracts. The rent fell from AED 127,000 to AED 80,000 in 2021 and recovered to AED 139,038 by December 2024.
  • At AED 139,038 a year the gross yield on the 2007 price is 9.9%, before a service charge of about AED 22,400 a year (AED 16.04 per sqft).
  • Two-beds in Murjan 6 sold for AED 2,050,000–2,050,000 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 December 2024.

Questions about 701, Murjan 6

What did unit 701 last sell for?

AED 1,400,000 on 10 October 2007: AED 1,002 per sqft for 1,396 sqft. The unit has 2 registered sales; the first was AED 550,000 in September 2007.

What is the rent for unit 701?

AED 139,038 a year on the contract renewed on 1 December 2024. The previous contract, from December 2024, was AED 139,038; the unit has been rented since July 2013.

How big is unit 701?

1,396 sqft (129.7 sqm): a two-bedroom apartment on the 7th floor of a 41-storey tower completed in 2007.

What is unit 701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Murjan 6 sold for AED 2,050,000 to 2,050,000 in the last 12 months, around AED 1,468 per sqft.

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Mortgage on 701, Murjan 6

Starts from the last sale price (AED 1.4M, 10 October 2007). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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