3-bed · 1,922 sqftMurjan 1, Jumeirah Beach Residence · 4th floor · completed 2007

402, Murjan 1

Sold prices and rental history: sold once, by the developer in July 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 10 March 2020
Last soldAED 1.65M25 July 2011
Current rentAED 110K /yr10 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Murjan 1

What is 402 worth today?

Last sold for AED 1,649,500 in 2011

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10 Mar 2020RentedRenewal
AED 110,000/yr12 months · AED 57 per sqft
10 Mar 2019RentedRenewal
AED 130,000/yr12 months · AED 67 per sqft
10 Mar 2018RentedNew contract
AED 150,000/yr12 months · AED 78 per sqft
26 Mar 2017RentedNew contract
AED 145,000/yr12 months · AED 75 per sqft
1 Feb 2016RentedNew contract
AED 155,000/yr12 months · AED 80 per sqft
8 Dec 2013RentedNew contract
AED 165,000/yr12 months · AED 86 per sqft
19 Apr 2012RentedNew contract
AED 115,000/yr12 months · AED 60 per sqft
25 Jul 2011Sold by developerReady
AED 1,649,500AED 858 per sqft

Source: Dubai Land Department. Updated 10 March 2020.

Key facts

Type
3-bed apartment
Size
1,922 sqft
Floor
4th of 47
Parking
B035-B036
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,600 /yr
Last sold
AED 1.65M · July 2011
Building
Murjan 1

About 402, Murjan 1

402 is a three-bedroom apartment of 1,922 sqft on the 4th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 25 July 2011 for AED 1,649,500, or AED 858 per sqft, 28% above the AED 672 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 10 March 2020, is AED 110,000 a year: a gross yield of 6.7% on the 2011 price, before the service charge of about AED 28,600 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Murjan 1
1M2M3M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 699,000; 2010 AED 1,186,250; 2011 AED 1,280,000; 2012 AED 1,325,000; 2013 AED 1,678,000; 2014 AED 1,799,500; 2015 AED 2,575,000; 2016 AED 2,300,000; 2017 AED 1,990,000; 2020 AED 1,270,000; 2021 AED 1,800,000; 2022 AED 2,100,000; 2023 AED 2,360,000; 2024 AED 2,750,000; 2025 AED 2,900,000Sold by developer, July 2011: AED 1,649,500 (AED 858 per sqft)

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

Rents
Unit 402, each contractTypical three-bed in Murjan 1
100K150K2012201620202024Typical rent by year: 2012 AED 129,000; 2013 AED 140,000; 2014 AED 160,000; 2015 AED 170,000; 2016 AED 163,500; 2017 AED 160,000; 2018 AED 145,000; 2019 AED 130,000; 2020 AED 110,000; 2021 AED 105,000; 2022 AED 130,000; 2023 AED 136,750; 2024 AED 159,500; 2025 AED 170,000; 2026 AED 185,000New contract, April 2012: AED 115,000 a yearNew contract, December 2013: AED 165,000 a yearNew contract, February 2016: AED 155,000 a yearNew contract, March 2017: AED 145,000 a yearNew contract, March 2018: AED 150,000 a yearRenewal, March 2019: AED 130,000 a yearRenewal, March 2020: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Murjan 1, and where 402 sits

All 96 3-beds →

402 last sold in July 2011 at AED 858 per sqft, 28% above what three-beds in Murjan 1 were fetching at the time (AED 672). Over the last 12 months three-beds sold for AED 900,000 to 3,050,000, around AED 1,236 per sqft, and rent for AED 145,806 to 225,000 a year. 402's AED 110,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Jan 20262,950,000
11 Jun 20252,950,000
21 May 20252,323,371
7 Apr 20252,900,000
4 3-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 4th floor

All 340 units in Murjan 1
Value
4013-bedAED 1.53M · Mar 2022
4031-bedAED 1.77M · Jul 2025
404AED 1.75M · Nov 2025
4051-bedAED 2M · Jan 2026
4061-bedAED 1.22M · Mar 2011
4073-bedAED 2.58M · May 2015
4083-bedAED 1.68M · Apr 2012

402, Murjan 1 in numbers

  • Sold once: by Dubai Properties on 25 July 2011 for AED 1,649,500, or AED 858 per sqft.
  • Rented since April 2012 on 7 Ejari contracts, from AED 115,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2011 price is 6.7%, before a service charge of about AED 28,600 a year (AED 14.89 per sqft).
  • Three-beds in Murjan 1 sold for AED 900,000–3,050,000 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 10 March 2020.

Questions about 402, Murjan 1

What did unit 402 last sell for?

AED 1,649,500 on 25 July 2011, sold by the developer: AED 858 per sqft for 1,922 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 110,000 a year on the contract renewed on 10 March 2020. The previous contract, from March 2019, was AED 130,000; the unit has been rented since April 2012.

How big is unit 402?

1,922 sqft (178.6 sqm): a three-bedroom apartment on the 4th floor of a 47-storey tower completed in 2007.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Murjan 1 sold for AED 900,000 to 3,050,000 in the last 12 months, around AED 1,236 per sqft.

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Mortgage on 402, Murjan 1

Starts from the last sale price (AED 1.65M, 25 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,649,500
Deposit, UAE resident (20%)
AED 329,900
Deposit, non-resident (40%)
AED 659,800
Monthly over 25 years at 3.7%
AED 6,749

Plus AED 74,289 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →