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2-bed · 1,317 sqftMurjan 1, Jumeirah Beach Residence · 34th floor · completed 2007

3408, Murjan 1

Sold prices and rental history: sold twice, last in November 2007, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3408 · DLD and Ejari recordsUpdated 20 July 2019
Last soldAED 1.51M26 November 2007
Current rentAED 85K /yr20 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3408, Murjan 1

What is 3408 worth today?

Last sold for AED 1,514,000 in 2007

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20 Jul 2019RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft
6 May 2018RentedRenewal
AED 115,000/yr12 months · AED 88 per sqft
6 May 2017RentedRenewal
AED 125,000/yr12 months · AED 95 per sqft
6 May 2016RentedRenewal
AED 126,000/yr12 months · AED 96 per sqft
6 May 2014RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
7 May 2013RentedRenewal
AED 114,000/yr12 months · AED 87 per sqft
7 May 2012RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft
26 Nov 2007SoldReady
AED 1,514,000AED 1,149 per sqft

Source: Dubai Land Department. Updated 20 July 2019.

Key facts

Type
2-bed apartment
Size
1,317 sqft
Floor
34th of 47
Parking
M122
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,600 /yr
Last sold
AED 1.51M · November 2007
Building
Murjan 1

About 3408, Murjan 1

3408 is a two-bedroom apartment of 1,317 sqft on the 34th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 26 November 2007 for AED 1,514,000, or AED 1,149 per sqft, 153% above the AED 454 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 20 July 2019, is AED 85,000 a year: a gross yield of 5.6% on the 2007 price, before the service charge of about AED 19,600 a year.

Sales and rents for 3408 over time

Sales
Unit 3408, 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, November 2007: AED 1,514,000 (AED 1,149 per sqft)Sold by developer, November 2007: AED 599,000 (AED 454 per sqft)

3408 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3408, 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 110,000 a yearRenewal, May 2013: AED 114,000 a yearNew contract, May 2014: AED 120,000 a yearRenewal, May 2016: AED 126,000 a yearRenewal, May 2017: AED 125,000 a yearRenewal, May 2018: AED 115,000 a yearNew contract, July 2019: AED 85,000 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 3408 sits

All 119 2-beds →

3408 last sold in November 2007 at AED 1,149 per sqft, 153% above what two-beds in Murjan 1 were fetching at the time (AED 454). 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. 3408's AED 85,000 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 34th floor

All 340 units in Murjan 1
Value
3401AED 2M · Oct 2025
34022-bedAED 1.22M · Apr 2021
34032-bedAED 599K · Jun 2009
34042-bedAED 1.75M · Apr 2019
34052-bedAED 850K · Apr 2008
34062-bedAED 1.23M · Dec 2011
34072-bedAED 599K · Oct 2008

3408, Murjan 1 in numbers

  • Sold twice: first on 6 November 2007 for AED 599,000, last on 26 November 2007 for AED 1,514,000 (AED 1,149 per sqft).
  • Rented since May 2012 on 7 Ejari contracts, from AED 110,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2007 price is 5.6%, 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 20 July 2019.

Questions about 3408, Murjan 1

What did unit 3408 last sell for?

AED 1,514,000 on 26 November 2007: AED 1,149 per sqft for 1,317 sqft. The unit has 2 registered sales; the first was AED 599,000 in November 2007.

What is the rent for unit 3408?

AED 85,000 a year on the contract signed on 20 July 2019. The previous contract, from May 2018, was AED 115,000; the unit has been rented since May 2012.

How big is unit 3408?

1,317 sqft (122.4 sqm): a two-bedroom apartment on the 34th floor of a 47-storey tower completed in 2007.

What is unit 3408 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 3408, Murjan 1

Starts from the last sale price (AED 1.51M, 26 November 2007). Switch to today's estimate once you have unlocked it.
Price
AED 1,514,000
Deposit, UAE resident (20%)
AED 302,800
Deposit, non-resident (40%)
AED 605,600
Monthly over 25 years at 3.7%
AED 6,194

Plus AED 68,598 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →