3-bed · 2,430 sqftMuraba Residence, Palm Jumeirah · 1st floor · completed 2016

106-S, Muraba Residence

Sold prices and rental history: sold once, by the developer in December 2023, and rented once, from May 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106-S · DLD and Ejari recordsUpdated 19 December 2023
Last soldAED 8.28M19 December 2023
Current rentAED 340K /yr31 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106-S, Muraba Residence

What is 106-S worth today?

Last sold for AED 8,282,673 in 2023

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19 Dec 2023Sold by developerReady
AED 8,282,673AED 3,408 per sqft
31 May 2021RentedNew contract
AED 340,000/yr12 months · AED 140 per sqft

Source: Dubai Land Department. Updated 19 December 2023.

Key facts

Type
3-bed apartment
Size
2,430 sqft
Floor
1st of 9
Parking
B-67,B-68
Developer
Muraba Properties
Completed
2016
Service charge
AED 89,200 /yr
Last sold
AED 8.28M · December 2023

About 106-S, Muraba Residence

106-S is a three-bedroom apartment of 2,430 sqft on the 1st floor of Muraba Residence, a 9-storey tower in Palm Jumeirah completed in 2016 by Muraba Properties. The developer sold it on 19 December 2023 for AED 8,282,673, or AED 3,408 per sqft, 12% below the AED 3,883 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 31 May 2021. The current contract, signed on 31 May 2021, is AED 340,000 a year: a gross yield of 4.1% on the 2023 price, before the service charge of about AED 89,200 a year.

Sales and rents for 106-S over time

Rents
Unit 106-S, each contractTypical three-bed in Muraba Residence
350K400K20192020202120222023Typical rent by year: 2019 AED 322,500; 2020 AED 349,999; 2021 AED 360,000; 2022 AED 390,000New contract, May 2021: AED 340,000 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 Muraba Residence, and where 106-S sits

All 14 3-beds →

106-S last sold in December 2023 at AED 3,408 per sqft, 12% below what three-beds in Muraba Residence were fetching at the time (AED 3,883). Over the last 12 months three-beds sold for AED 6,700,000 to 9,729,897, around AED 3,380 per sqft, and rent for AED 149,112 to 430,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
31 Mar 20266,700,000
22 Nov 20259,729,897
21 Apr 202510,429,897
12 Nov 202410,562,292
2 3-bed sales in the last 12 months

Muraba Residence

Building

50 apartments, 2-bed to 3-bed over 9 floors in Palm Jumeirah, completed in 2016 by Muraba Properties. 6 sold in the last 12 months.

Typical price per sqft
AED 4,106
Typical sale
AED 8.33M
Typical rent
AED 430K /yr
Typical yield
5.0%
Muraba Residence, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 50 units in Muraba Residence
Value
101-N3-bedAED 9.29M · Nov 2023
102-N2-bedAED 7.46M · Nov 2022
103-N2-bedAED 9.25M · Aug 2026
104-S2-bedAED 6.5M · Jun 2022
105-S2-bedAED 7.46M · Sep 2023

106-S, Muraba Residence in numbers

  • Sold once: by Muraba Properties on 19 December 2023 for AED 8,282,673, or AED 3,408 per sqft.
  • Rented since May 2021 on one Ejari contract, at AED 340,000 a year.
  • At AED 340,000 a year the gross yield on the 2023 price is 4.1%, before a service charge of about AED 89,200 a year (AED 36.72 per sqft).
  • Three-beds in Muraba Residence sold for AED 6,700,000–9,729,897 in the 12 months to November 2026; the building's median across all types is AED 4,106 per sqft.

Source: Dubai Land Department. Updated 19 December 2023.

Questions about 106-S, Muraba Residence

What did unit 106-S last sell for?

AED 8,282,673 on 19 December 2023, sold by the developer: AED 3,408 per sqft for 2,430 sqft. It is the only registered sale of the unit.

What is the rent for unit 106-S?

AED 340,000 a year on the contract signed on 31 May 2021.

How big is unit 106-S?

2,430 sqft (225.8 sqm): a three-bedroom apartment on the 1st floor of a 9-storey tower completed in 2016.

What is unit 106-S worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Muraba Residence sold for AED 6,700,000 to 9,729,897 in the last 12 months, around AED 3,380 per sqft.

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Mortgage on 106-S, Muraba Residence

Starts from the last sale price (AED 8.28M, 19 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 8,282,673
Deposit, UAE resident (20%)
AED 1,656,535
Deposit, non-resident (40%)
AED 3,313,069
Monthly over 25 years at 3.7%
AED 33,887

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