2-bed · 1,317 sqftMurjan 1, Jumeirah Beach Residence · 30th floor · completed 2007

3002, Murjan 1

Sold prices and rental history: sold 3 times, last in July 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3002 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 1.41M4 July 2021
Current rentAED 125K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3002, Murjan 1

What is 3002 worth today?

Last sold for AED 1,411,111 in 2021

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10 Oct 2024RentedNew contract
AED 125,000/yr12 months · AED 95 per sqft
4 Jul 2021SoldReady
AED 1,411,111AED 1,071 per sqft
1 Aug 2020RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft
1 Aug 2019RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
1 Aug 2018RentedRenewal
AED 105,000/yr12 months · AED 80 per sqft
1 Aug 2017RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
25 Jul 2016RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
23 Jun 2015RentedNew contract
AED 135,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
2-bed apartment
Size
1,317 sqft
Floor
30th of 47
Parking
B223
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,600 /yr
Last sold
AED 1.41M · July 2021
Building
Murjan 1

About 3002, Murjan 1

3002 is a two-bedroom apartment of 1,317 sqft on the 30th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 July 2021 for AED 1,411,111, or AED 1,071 per sqft, 10% above the AED 972 two-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 10 October 2024, is AED 125,000 a year: a gross yield of 8.9% on the 2021 price, before the service charge of about AED 19,600 a year.

Sales and rents for 3002 over time

Sales
Unit 3002, each saleTypical two-bed in Murjan 1
1M2M2007201220172022Typical sale price by year: 2007 AED 599,000; 2008 AED 599,000; 2009 AED 1,106,700; 2010 AED 1,185,000; 2011 AED 1,400,000; 2012 AED 1,550,000; 2013 AED 1,700,000; 2014 AED 2,360,000; 2015 AED 1,200,000; 2016 AED 1,900,000; 2017 AED 1,947,500; 2018 AED 1,700,000; 2019 AED 1,725,000; 2020 AED 1,250,000; 2021 AED 1,411,111; 2022 AED 1,690,000; 2023 AED 2,120,000; 2024 AED 2,300,000; 2025 AED 2,455,000Sold by developer, December 2007: AED 820,000 (AED 622 per sqft)Sold, July 2012: AED 1,300,000 (AED 987 per sqft)Sold, July 2021: AED 1,411,111 (AED 1,071 per sqft)

3002 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3002, each contractTypical two-bed in Murjan 1
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 114,692; 2014 AED 133,125; 2015 AED 137,500; 2016 AED 129,807; 2017 AED 125,000; 2018 AED 115,001; 2019 AED 100,000; 2020 AED 85,000; 2021 AED 82,000; 2022 AED 96,000; 2023 AED 114,500; 2024 AED 120,000; 2025 AED 130,000; 2026 AED 147,000New contract, May 2012: AED 90,000 a yearNew contract, July 2013: AED 100,000 a yearRenewal, July 2014: AED 115,000 a yearNew contract, June 2015: AED 135,000 a yearNew contract, July 2016: AED 120,000 a yearNew contract, August 2017: AED 120,000 a yearRenewal, August 2018: AED 105,000 a yearRenewal, August 2019: AED 90,000 a yearNew contract, August 2020: AED 85,000 a yearNew contract, October 2024: AED 125,000 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 1, and where 3002 sits

All 119 2-beds →

3002 last sold in July 2021 at AED 1,071 per sqft, 10% above what two-beds in Murjan 1 were fetching at the time (AED 972). Over the last 12 months two-beds sold for AED 2,000,000 to 2,650,000, around AED 1,650 per sqft, and rent for AED 110,800 to 190,000 a year. 3002's AED 125,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 20262,300,000
12 Dec 20252,650,000
30 Apr 20254,075,000
22 Apr 20252,260,000
3 2-bed sales in the last 12 months

Murjan 1

Building

340 apartments, 1-bed to 4-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 9 sold in the last 12 months.

Typical price per sqft
AED 1,582
Typical sale
AED 2M
Typical rent
AED 140K /yr
Typical yield
6.3%
Murjan 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 30th floor

All 340 units in Murjan 1
Value
30012-bedAED 2M · Dec 2024
30032-bedAED 1.3M · Jan 2016
30042-bedAED 599K · Aug 2013
30052-bedAED 2.36M · Jan 2014
30062-bedAED 2.2M · Aug 2014
30072-bedAED 1.93M · Jun 2013
30082-bedAED 2.25M · Aug 2024

3002, Murjan 1 in numbers

  • Sold 3 times: first on 5 December 2007 for AED 820,000, last on 4 July 2021 for AED 1,411,111 (AED 1,071 per sqft).
  • Rented since May 2012 on 10 Ejari contracts, from AED 90,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2021 price is 8.9%, before a service charge of about AED 19,600 a year (AED 14.89 per sqft).
  • Two-beds in Murjan 1 sold for AED 2,000,000–2,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,582 per sqft.

Source: Dubai Land Department. Updated 10 October 2024.

Questions about 3002, Murjan 1

What did unit 3002 last sell for?

AED 1,411,111 on 4 July 2021: AED 1,071 per sqft for 1,317 sqft. The unit has 3 registered sales; the first was AED 820,000 in December 2007.

What is the rent for unit 3002?

AED 125,000 a year on the contract signed on 10 October 2024. The previous contract, from August 2020, was AED 85,000; the unit has been rented since May 2012.

How big is unit 3002?

1,317 sqft (122.4 sqm): a two-bedroom apartment on the 30th floor of a 47-storey tower completed in 2007.

What is unit 3002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Murjan 1 sold for AED 2,000,000 to 2,650,000 in the last 12 months, around AED 1,650 per sqft.

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Mortgage on 3002, Murjan 1

Starts from the last sale price (AED 1.41M, 4 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,411,111
Deposit, UAE resident (20%)
AED 282,222
Deposit, non-resident (40%)
AED 564,444
Monthly over 25 years at 3.7%
AED 5,773

Plus AED 64,276 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →