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2-bed · 1,393 sqftMurjan 1, Jumeirah Beach Residence · 35th floor · completed 2007

3503, Murjan 1

Sold prices and rental history: sold twice, last in June 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3503 · DLD and Ejari recordsUpdated 12 June 2016
Last soldAED 2.45M12 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3503, Murjan 1

What is 3503 worth today?

Last sold for AED 2,450,000 in 2016

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12 Jun 2016SoldReady
AED 2,450,000AED 1,758 per sqft
30 Dec 2008Sold by developerReady
AED 599,000AED 429 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 June 2016.

Key facts

Type
2-bed apartment
Size
1,393 sqft
Floor
35th of 47
Parking
B073
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 2.45M · June 2016
Building
Murjan 1

About 3503, Murjan 1

3503 is a two-bedroom apartment of 1,393 sqft on the 35th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 12 June 2016 for AED 2,450,000, or AED 1,758 per sqft, 23% above the AED 1,432 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3503 over time

Sales
Unit 3503, 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 2008: AED 599,000 (AED 429 per sqft)Sold, June 2016: AED 2,450,000 (AED 1,758 per sqft)

3503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3503, 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 147,000

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 3503 sits

All 119 2-beds →

3503 last sold in June 2016 at AED 1,758 per sqft, 23% above what two-beds in Murjan 1 were fetching at the time (AED 1,432). 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.

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 35th floor

All 340 units in Murjan 1
Value
35012-bedAED 1.85M · Oct 2022
35022-bedAED 1.2M · Sep 2012
35042-bedAED 2.28M · Oct 2023
35052-bedAED 1.65M · Jan 2013
35062-bedAED 1.11M · Dec 2009
35072-bedAED 1.67M · Oct 2012
35082-bedAED 2.42M · Aug 2014

3503, Murjan 1 in numbers

  • Sold twice: first on 30 December 2008 for AED 599,000, last on 12 June 2016 for AED 2,450,000 (AED 1,758 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 12 June 2016.

Questions about 3503, Murjan 1

What did unit 3503 last sell for?

AED 2,450,000 on 12 June 2016: AED 1,758 per sqft for 1,393 sqft. The unit has 2 registered sales; the first was AED 599,000 in December 2008.

How big is unit 3503?

1,393 sqft (129.4 sqm): a two-bedroom apartment on the 35th floor of a 47-storey tower completed in 2007.

What is unit 3503 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 3503, Murjan 1

Starts from the last sale price (AED 2.45M, 12 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

Plus AED 107,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →