2-bed · 784 sqftMurjan 1, Jumeirah Beach Residence · 30th floor · completed 2007

3005, Murjan 1

Sold prices and rental history: sold twice, last in January 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3005 · DLD and Ejari recordsUpdated 17 November 2023
Last soldAED 2.36M23 January 2014
Current rentAED 80K /yr17 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3005, Murjan 1

What is 3005 worth today?

Last sold for AED 2,360,000 in 2014

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17 Nov 2023RentedRenewal
AED 80,000/yr12 months · AED 57 per sqft
17 Nov 2023RentedRenewal
AED 80,000/yr12 months · AED 57 per sqft
17 Nov 2022RentedNew contract
AED 77,000/yr12 months · AED 55 per sqft
17 Nov 2018RentedRenewal
AED 100,000/yr12 months · AED 72 per sqft
17 Nov 2017RentedRenewal
AED 110,000/yr12 months · AED 79 per sqft
17 Nov 2016RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
23 Jan 2014SoldReady
AED 2,360,000AED 1,693 per sqft
11 Aug 2013RentedNew contract
AED 100,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 17 November 2023.

Key facts

Type
2-bed apartment
Size
784 sqft
Floor
30th of 47
Parking
B153
Developer
Dubai Properties
Completed
2007
Service charge
AED 11,700 /yr
Last sold
AED 2.36M · January 2014
Building
Murjan 1

About 3005, Murjan 1

3005 is a two-bedroom apartment of 784 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 23 January 2014 for AED 2,360,000, or AED 1,693 per sqft, 33% above the AED 1,270 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 17 November 2023, is AED 80,000 a year: a gross yield of 3.4% on the 2014 price, before the service charge of about AED 11,700 a year.

Sales and rents for 3005 over time

Sales
Unit 3005, 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, August 2008: AED 850,000 (AED 610 per sqft)Sold, January 2014: AED 2,360,000 (AED 1,693 per sqft)

3005 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3005, 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, April 2013: AED 100,000 a yearNew contract, August 2013: AED 100,000 a yearNew contract, November 2016: AED 120,000 a yearRenewal, November 2017: AED 110,000 a yearRenewal, November 2018: AED 100,000 a yearNew contract, November 2022: AED 77,000 a yearRenewal, November 2023: AED 80,000 a yearRenewal, November 2023: AED 80,000 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 3005 sits

All 119 2-beds →

3005 last sold in January 2014 at AED 1,693 per sqft, 33% above what two-beds in Murjan 1 were fetching at the time (AED 1,270). 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. 3005's AED 80,000 is at the bottom 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
30022-bedAED 1.41M · Jul 2021
30032-bedAED 1.3M · Jan 2016
30042-bedAED 599K · Aug 2013
30062-bedAED 2.2M · Aug 2014
30072-bedAED 1.93M · Jun 2013
30082-bedAED 2.25M · Aug 2024

3005, Murjan 1 in numbers

  • Sold twice: first on 25 August 2008 for AED 850,000, last on 23 January 2014 for AED 2,360,000 (AED 1,693 per sqft).
  • Rented since April 2013 on 8 Ejari contracts, from AED 100,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2014 price is 3.4%, before a service charge of about AED 11,700 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 17 November 2023.

Questions about 3005, Murjan 1

What did unit 3005 last sell for?

AED 2,360,000 on 23 January 2014: AED 1,693 per sqft for 784 sqft. The unit has 2 registered sales; the first was AED 850,000 in August 2008.

What is the rent for unit 3005?

AED 80,000 a year on the contract renewed on 17 November 2023. The previous contract, from November 2023, was AED 80,000; the unit has been rented since April 2013.

How big is unit 3005?

784 sqft (72.8 sqm): a two-bedroom apartment on the 30th floor of a 47-storey tower completed in 2007.

What is unit 3005 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 3005, Murjan 1

Starts from the last sale price (AED 2.36M, 23 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,360,000
Deposit, UAE resident (20%)
AED 472,000
Deposit, non-resident (40%)
AED 944,000
Monthly over 25 years at 3.7%
AED 9,655

Plus AED 104,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →