2-bed · 1,393 sqftMurjan 1, Jumeirah Beach Residence · 31st floor · completed 2007

3103, Murjan 1

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3103 · DLD and Ejari recordsUpdated 21 September 2023
Last soldAED 2.2M21 September 2023
Current rentAED 120K /yr5 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3103, Murjan 1

What is 3103 worth today?

Last sold for AED 2,200,000 in 2023

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21 Sep 2023SoldReady
AED 2,200,000AED 1,578 per sqft
5 Oct 2020RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
15 Aug 2019RentedNew contract
AED 150,000/yr12 months · AED 108 per sqft
22 Nov 2018SoldReady
AED 1,700,000AED 1,220 per sqft
27 Jul 2017RentedNew contract
AED 70,000/yr12 months · AED 50 per sqft
10 Mar 2016RentedNew contract
AED 135,000/yr12 months · AED 97 per sqft
10 Oct 2013RentedNew contract
AED 125,000/yr12 months · AED 90 per sqft
27 May 2013Sold by developerReady
AED 599,000AED 429 per sqft

Source: Dubai Land Department. Updated 21 September 2023.

Key facts

Type
2-bed apartment
Size
1,393 sqft
Floor
31st of 47
Parking
B068
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 2.2M · September 2023
Building
Murjan 1

About 3103, Murjan 1

3103 is a two-bedroom apartment of 1,393 sqft on the 31st floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 September 2023 for AED 2,200,000, or AED 1,578 per sqft, 12% above the AED 1,404 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 5 October 2020, is AED 120,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 20,700 a year.

Sales and rents for 3103 over time

Sales
Unit 3103, 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, May 2013: AED 599,000 (AED 429 per sqft)Sold, November 2018: AED 1,700,000 (AED 1,220 per sqft)Sold, September 2023: AED 2,200,000 (AED 1,578 per sqft)

3103 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3103, 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, October 2013: AED 125,000 a yearNew contract, March 2016: AED 135,000 a yearNew contract, July 2017: AED 70,000 a yearNew contract, August 2019: AED 150,000 a yearNew contract, October 2020: AED 120,000 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 3103 sits

All 119 2-beds →

3103 last sold in September 2023 at AED 1,578 per sqft, 12% above what two-beds in Murjan 1 were fetching at the time (AED 1,404). 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. 3103's AED 120,000 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 31st floor

All 340 units in Murjan 1
Value
3101AED 599K · Oct 2025
31022-bedAED 1.35M · Oct 2012
31042-bedAED 599K · Feb 2008
31052-bedAED 1.41M · Jul 2021
31062-bedAED 1.11M · Jun 2015
31072-bedAED 1.9M · May 2016
31082-bedAED 1.69M · Oct 2012

3103, Murjan 1 in numbers

  • Sold 3 times: first on 27 May 2013 for AED 599,000, last on 21 September 2023 for AED 2,200,000 (AED 1,578 per sqft).
  • Rented since October 2013 on 5 Ejari contracts. The rent fell from AED 125,000 to AED 70,000 in 2017 and recovered to AED 120,000 by October 2020.
  • At AED 120,000 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 20,700 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 21 September 2023.

Questions about 3103, Murjan 1

What did unit 3103 last sell for?

AED 2,200,000 on 21 September 2023: AED 1,578 per sqft for 1,393 sqft. The unit has 3 registered sales; the first was AED 599,000 in May 2013.

What is the rent for unit 3103?

AED 120,000 a year on the contract signed on 5 October 2020. The previous contract, from August 2019, was AED 150,000; the unit has been rented since October 2013.

How big is unit 3103?

1,393 sqft (129.4 sqm): a two-bedroom apartment on the 31st floor of a 47-storey tower completed in 2007.

What is unit 3103 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 3103, Murjan 1

Starts from the last sale price (AED 2.2M, 21 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →