2-bed · 1,393 sqftMurjan 1, Jumeirah Beach Residence · 32nd floor · completed 2007

3204, Murjan 1

Sold prices and rental history: sold 4 times, last in March 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3204 · DLD and Ejari recordsUpdated 22 April 2025
Last soldAED 2.65M27 March 2016
Current rentAED 145K /yr22 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3204, Murjan 1

What is 3204 worth today?

Last sold for AED 2,650,000 in 2016

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22 Apr 2025RentedRenewal
AED 145,000/yr12 months · AED 104 per sqft
22 Apr 2024RentedNew contract
AED 145,000/yr12 months · AED 104 per sqft
1 Jan 2021RentedRenewal
AED 100,000/yr12 months · AED 72 per sqft
1 Jan 2020RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
11 Sep 2018RentedRenewal
AED 150,000/yr12 months · AED 108 per sqft
11 Sep 2017RentedRenewal
AED 150,000/yr12 months · AED 108 per sqft
11 Sep 2016RentedNew contract
AED 160,000/yr12 months · AED 115 per sqft
27 Mar 2016SoldReady
AED 2,650,000AED 1,901 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 April 2025.

Key facts

Type
2-bed apartment
Size
1,393 sqft
Floor
32nd of 47
Parking
B045
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 2.65M · March 2016
Building
Murjan 1

About 3204, Murjan 1

3204 is a two-bedroom apartment of 1,393 sqft on the 32nd floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 27 March 2016 for AED 2,650,000, or AED 1,901 per sqft, 47% above the AED 1,291 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 22 April 2025, is AED 145,000 a year: a gross yield of 5.5% on the 2016 price, before the service charge of about AED 20,700 a year.

Sales and rents for 3204 over time

Sales
Unit 3204, each saleTypical two-bed in Murjan 1
1M2M3M2007201220172022Typical 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, November 2007: AED 1,850,000 (AED 1,327 per sqft)Sold by developer, November 2007: AED 599,000 (AED 429 per sqft)Sold, December 2014: AED 2,530,000 (AED 1,815 per sqft)Sold, March 2016: AED 2,650,000 (AED 1,901 per sqft)

3204 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3204, each contractTypical two-bed in Murjan 1
100K200K2012201620202024Typical 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, August 2012: AED 100,000 a yearNew contract, August 2013: AED 100,000 a yearNew contract, March 2016: AED 240,000 a yearNew contract, September 2016: AED 160,000 a yearRenewal, September 2017: AED 150,000 a yearRenewal, September 2018: AED 150,000 a yearNew contract, January 2020: AED 120,000 a yearRenewal, January 2021: AED 100,000 a yearNew contract, April 2024: AED 145,000 a yearRenewal, April 2025: AED 145,000 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 3204 sits

All 119 2-beds →

3204 last sold in March 2016 at AED 1,901 per sqft, 47% above what two-beds in Murjan 1 were fetching at the time (AED 1,291). 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. 3204's AED 145,000 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 32nd floor

All 340 units in Murjan 1
Value
32012-bedAED 1.7M · Apr 2009
32022-bedAED 1.56M · Mar 2013
32032-bedAED 599K · May 2017
3205AED 2.34M · Aug 2025
3206AED 2.2M · Nov 2025
32072-bedAED 1.57M · Aug 2008
32082-bedAED 1.5M · Mar 2009

3204, Murjan 1 in numbers

  • Sold 4 times: first on 4 November 2007 for AED 599,000, last on 27 March 2016 for AED 2,650,000 (AED 1,901 per sqft).
  • Rented since August 2012 on 10 Ejari contracts, from AED 100,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2016 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: YallaValue analysis of Dubai Land Department records. Updated 22 April 2025.

Questions about 3204, Murjan 1

What did unit 3204 last sell for?

AED 2,650,000 on 27 March 2016: AED 1,901 per sqft for 1,393 sqft. The unit has 4 registered sales; the first was AED 599,000 in November 2007.

What is the rent for unit 3204?

AED 145,000 a year on the contract renewed on 22 April 2025. The previous contract, from April 2024, was AED 145,000; the unit has been rented since August 2012.

How big is unit 3204?

1,393 sqft (129.4 sqm): a two-bedroom apartment on the 32nd floor of a 47-storey tower completed in 2007.

What is unit 3204 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 3204, Murjan 1

Starts from the last sale price (AED 2.65M, 27 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

Plus AED 116,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →