2-bed · 1,317 sqftMurjan 1, Jumeirah Beach Residence · 37th floor · completed 2007

3701, Murjan 1

Sold prices and rental history: sold once, by the developer in November 2007, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3701 · DLD and Ejari recordsUpdated 30 March 2023
Last soldAED 599K7 November 2007
Current rentAED 120K /yr30 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3701, Murjan 1

What is 3701 worth today?

Last sold for AED 599,000 in 2007

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30 Mar 2023RentedRenewal
AED 120,000/yr12 months · AED 91 per sqft
15 Mar 2021RentedRenewal
AED 75,000/yr12 months · AED 57 per sqft
15 Mar 2020RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
24 Feb 2019RentedRenewal
AED 110,000/yr12 months · AED 84 per sqft
24 Feb 2018RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
10 Feb 2017RentedRenewal
AED 130,000/yr12 months · AED 99 per sqft
10 Feb 2016RentedNew contract
AED 130,000/yr12 months · AED 99 per sqft
7 Nov 2007Sold by developerReady
AED 599,000AED 454 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 March 2023.

Key facts

Type
2-bed apartment
Size
1,317 sqft
Floor
37th of 47
Parking
B061
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,600 /yr
Last sold
AED 599K · November 2007
Building
Murjan 1

About 3701, Murjan 1

3701 is a two-bedroom apartment of 1,317 sqft on the 37th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 7 November 2007 for AED 599,000, or AED 454 per sqft, in line with the AED 454 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 30 March 2023, is AED 120,000 a year: a gross yield of 20.0% on the 2007 price, before the service charge of about AED 19,600 a year.

Sales and rents for 3701 over time

Sales
Unit 3701, 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, November 2007: AED 599,000 (AED 454 per sqft)

3701 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3701, 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, February 2016: AED 130,000 a yearRenewal, February 2017: AED 130,000 a yearNew contract, February 2018: AED 115,000 a yearRenewal, February 2019: AED 110,000 a yearNew contract, March 2020: AED 80,000 a yearRenewal, March 2021: AED 75,000 a yearRenewal, March 2023: 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 3701 sits

All 119 2-beds →

3701 last sold in November 2007 at AED 454 per sqft, in line with 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. 3701'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 37th floor

All 340 units in Murjan 1
Value
37022-bedAED 2.26M · Apr 2025
37032-bedAED 599K · Mar 2013
37042-bedAED 1.35M · Dec 2020
37052-bedAED 1.7M · Feb 2013
37062-bedAED 1.5M · Oct 2007
37072-bedAED 1.55M · Feb 2012
37082-bedAED 1.98M · Aug 2013

3701, Murjan 1 in numbers

  • Sold once: by Dubai Properties on 7 November 2007 for AED 599,000, or AED 454 per sqft.
  • Rented since February 2016 on 7 Ejari contracts. The rent fell from AED 130,000 to AED 75,000 in 2021 and recovered to AED 120,000 by March 2023.
  • At AED 120,000 a year the gross yield on the 2007 price is 20.0%, 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: YallaValue analysis of Dubai Land Department records. Updated 30 March 2023.

Questions about 3701, Murjan 1

What did unit 3701 last sell for?

AED 599,000 on 7 November 2007, sold by the developer: AED 454 per sqft for 1,317 sqft. It is the only registered sale of the unit.

What is the rent for unit 3701?

AED 120,000 a year on the contract renewed on 30 March 2023. The previous contract, from March 2021, was AED 75,000; the unit has been rented since February 2016.

How big is unit 3701?

1,317 sqft (122.4 sqm): a two-bedroom apartment on the 37th floor of a 47-storey tower completed in 2007.

What is unit 3701 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 3701, Murjan 1

Starts from the last sale price (AED 599K, 7 November 2007). Switch to today's estimate once you have unlocked it.
Price
AED 599,000
Deposit, UAE resident (20%)
AED 119,800
Deposit, non-resident (40%)
AED 239,600
Monthly over 25 years at 3.7%
AED 2,451

Plus AED 30,168 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →