2-bed · 1,393 sqftMurjan 1, Jumeirah Beach Residence · 37th floor · completed 2007

3706, Murjan 1

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

Unit 3706 · DLD and Ejari recordsUpdated 4 January 2025
Last soldAED 1.5M4 October 2007
Current rentAED 120K /yr4 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3706, Murjan 1

What is 3706 worth today?

Last sold for AED 1,500,000 in 2007

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4 Jan 2025RentedRenewal
AED 120,000/yr12 months · AED 86 per sqft
4 Jan 2024RentedRenewal
AED 110,000/yr12 months · AED 79 per sqft
4 Jan 2023RentedRenewal
AED 88,000/yr12 months · AED 63 per sqft
4 Jan 2022RentedRenewal
AED 80,500/yr12 months · AED 58 per sqft
4 Jan 2021RentedRenewal
AED 70,000/yr12 months · AED 50 per sqft
24 Oct 2017RentedRenewal
AED 110,000/yr12 months · AED 79 per sqft
22 Oct 2016RentedRenewal
AED 119,358/yr12 months · AED 86 per sqft
22 Oct 2012RentedNew contract
AED 110,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 4 January 2025.

Key facts

Type
2-bed apartment
Size
1,393 sqft
Floor
37th of 47
Parking
B177
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 1.5M · October 2007
Building
Murjan 1

About 3706, Murjan 1

3706 is a two-bedroom apartment of 1,393 sqft on the 37th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 October 2007 for AED 1,500,000, or AED 1,076 per sqft, 137% above the AED 454 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 4 January 2025, is AED 120,000 a year: a gross yield of 8.0% on the 2007 price, before the service charge of about AED 20,700 a year.

Sales and rents for 3706 over time

Sales
Unit 3706, 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, September 2007: AED 850,000 (AED 610 per sqft)Sold, October 2007: AED 1,500,000 (AED 1,076 per sqft)

3706 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3706, 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 2012: AED 110,000 a yearRenewal, October 2016: AED 119,358 a yearRenewal, October 2017: AED 110,000 a yearRenewal, January 2021: AED 70,000 a yearRenewal, January 2022: AED 80,500 a yearRenewal, January 2023: AED 88,000 a yearRenewal, January 2024: AED 110,000 a yearRenewal, January 2025: 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 3706 sits

All 119 2-beds →

3706 last sold in October 2007 at AED 1,076 per sqft, 137% 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. 3706'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
37012-bedAED 599K · Nov 2007
37022-bedAED 2.26M · Apr 2025
37032-bedAED 599K · Mar 2013
37042-bedAED 1.35M · Dec 2020
37052-bedAED 1.7M · Feb 2013
37072-bedAED 1.55M · Feb 2012
37082-bedAED 1.98M · Aug 2013

3706, Murjan 1 in numbers

  • Sold twice: first on 20 September 2007 for AED 850,000, last on 4 October 2007 for AED 1,500,000 (AED 1,076 per sqft).
  • Rented since October 2012 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2021 and recovered to AED 120,000 by January 2025.
  • At AED 120,000 a year the gross yield on the 2007 price is 8.0%, 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 4 January 2025.

Questions about 3706, Murjan 1

What did unit 3706 last sell for?

AED 1,500,000 on 4 October 2007: AED 1,076 per sqft for 1,393 sqft. The unit has 2 registered sales; the first was AED 850,000 in September 2007.

What is the rent for unit 3706?

AED 120,000 a year on the contract renewed on 4 January 2025. The previous contract, from January 2024, was AED 110,000; the unit has been rented since October 2012.

How big is unit 3706?

1,393 sqft (129.4 sqm): a two-bedroom apartment on the 37th floor of a 47-storey tower completed in 2007.

What is unit 3706 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 3706, Murjan 1

Starts from the last sale price (AED 1.5M, 4 October 2007). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →