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

3707, Murjan 1

Sold prices and rental history: sold 3 times, last in February 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3707 · DLD and Ejari recordsUpdated 14 September 2023
Last soldAED 1.55M19 February 2012
Current rentAED 97K /yr14 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3707, Murjan 1

What is 3707 worth today?

Last sold for AED 1,550,000 in 2012

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14 Sep 2023RentedRenewal
AED 96,693/yr2 months · AED 73 per sqft
14 Sep 2022RentedRenewal
AED 86,250/yr12 months · AED 66 per sqft
14 Sep 2021RentedRenewal
AED 75,000/yr12 months · AED 57 per sqft
14 Sep 2020RentedNew contract
AED 75,000/yr12 months · AED 57 per sqft
14 Sep 2019RentedNew contract
AED 90,000/yr12 months · AED 68 per sqft
1 Mar 2019RentedNew contract
AED 120,346/yr12 months · AED 91 per sqft
1 Mar 2018RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
27 Jan 2017RentedNew contract
AED 130,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 14 September 2023.

Key facts

Type
2-bed apartment
Size
1,317 sqft
Floor
37th of 47
Parking
B224
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,600 /yr
Last sold
AED 1.55M · February 2012
Building
Murjan 1

About 3707, Murjan 1

3707 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. It last sold on 19 February 2012 for AED 1,550,000, or AED 1,177 per sqft, 34% above the AED 879 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 14 September 2023, is AED 96,693 a year: a gross yield of 6.2% on the 2012 price, before the service charge of about AED 19,600 a year.

Sales and rents for 3707 over time

Sales
Unit 3707, 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, October 2007: AED 599,000 (AED 454 per sqft)Sold, May 2009: AED 1,300,000 (AED 987 per sqft)Sold, February 2012: AED 1,550,000 (AED 1,177 per sqft)

3707 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3707, 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 2012: AED 105,286 a yearNew contract, June 2013: AED 145,000 a yearNew contract, June 2014: AED 145,000 a yearNew contract, June 2015: AED 145,000 a yearNew contract, December 2015: AED 150,000 a yearNew contract, January 2017: AED 130,000 a yearNew contract, March 2018: AED 120,000 a yearNew contract, March 2019: AED 120,346 a yearNew contract, September 2019: AED 90,000 a yearNew contract, September 2020: AED 75,000 a yearRenewal, September 2021: AED 75,000 a yearRenewal, September 2022: AED 86,250 a yearRenewal, September 2023: AED 96,693 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 3707 sits

All 119 2-beds →

3707 last sold in February 2012 at AED 1,177 per sqft, 34% above what two-beds in Murjan 1 were fetching at the time (AED 879). 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. 3707's AED 96,693 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 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
37062-bedAED 1.5M · Oct 2007
37082-bedAED 1.98M · Aug 2013

3707, Murjan 1 in numbers

  • Sold 3 times: first on 29 October 2007 for AED 599,000, last on 19 February 2012 for AED 1,550,000 (AED 1,177 per sqft).
  • Rented since February 2012 on 13 Ejari contracts. The rent fell from AED 105,286 to AED 75,000 in 2021 and recovered to AED 96,693 by September 2023.
  • At AED 96,693 a year the gross yield on the 2012 price is 6.2%, 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 14 September 2023.

Questions about 3707, Murjan 1

What did unit 3707 last sell for?

AED 1,550,000 on 19 February 2012: AED 1,177 per sqft for 1,317 sqft. The unit has 3 registered sales; the first was AED 599,000 in October 2007.

What is the rent for unit 3707?

AED 96,693 a year on the contract renewed on 14 September 2023. The previous contract, from September 2022, was AED 86,250; the unit has been rented since February 2012.

How big is unit 3707?

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 3707 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 3707, Murjan 1

Starts from the last sale price (AED 1.55M, 19 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

Plus AED 70,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →