2-bed · 1,317 sqftMurjan 1, Jumeirah Beach Residence · 41st floor · completed 2007

4102, Murjan 1

Sold prices and rental history: sold once, by the developer in September 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4102 · DLD and Ejari recordsUpdated 3 February 2024
Last soldAED 820K18 September 2008
Current rentAED 120K /yr3 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4102, Murjan 1

What is 4102 worth today?

Last sold for AED 820,000 in 2008

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3 Feb 2024RentedRenewal
AED 120,000/yr7 months · AED 91 per sqft
3 Feb 2023RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
22 Sep 2021RentedRenewal
AED 70,000/yr6 months · AED 53 per sqft
22 Sep 2020RentedRenewal
AED 73,000/yr12 months · AED 56 per sqft
22 Sep 2018RentedRenewal
AED 100,000/yr12 months · AED 76 per sqft
22 Sep 2017RentedRenewal
AED 122,500/yr12 months · AED 93 per sqft
29 Aug 2013RentedNew contract
AED 118,000/yr12 months · AED 90 per sqft
18 Sep 2008Sold by developerReady
AED 820,000AED 622 per sqft

Source: Dubai Land Department. Updated 3 February 2024.

Key facts

Type
2-bed apartment
Size
1,317 sqft
Floor
41st of 47
Parking
B164
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,600 /yr
Last sold
AED 820K · September 2008
Building
Murjan 1

About 4102, Murjan 1

4102 is a two-bedroom apartment of 1,317 sqft on the 41st floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 18 September 2008 for AED 820,000, or AED 622 per sqft, 37% above the AED 454 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 3 February 2024, is AED 120,000 a year: a gross yield of 14.6% on the 2008 price, before the service charge of about AED 19,600 a year.

Sales and rents for 4102 over time

Sales
Unit 4102, 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 2008: AED 820,000 (AED 622 per sqft)

4102 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4102, 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, August 2013: AED 118,000 a yearRenewal, September 2017: AED 122,500 a yearRenewal, September 2018: AED 100,000 a yearRenewal, September 2020: AED 73,000 a yearRenewal, September 2021: AED 70,000 a yearNew contract, February 2023: AED 120,000 a yearRenewal, February 2024: 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 4102 sits

All 119 2-beds →

4102 last sold in September 2008 at AED 622 per sqft, 37% 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. 4102'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 41st floor

All 340 units in Murjan 1
Value
41012-bedAED 599K · Nov 2013
41032-bedAED 1.55M · Jan 2011
41042-bedAED 599K · May 2008
41052-bedAED 1.75M · Nov 2012
41062-bedAED 2.63M · Mar 2014
41072-bedAED 2.12M · Aug 2023
41082-bedAED 599K · Jan 2008

4102, Murjan 1 in numbers

  • Sold once: by Dubai Properties on 18 September 2008 for AED 820,000, or AED 622 per sqft.
  • Rented since August 2013 on 7 Ejari contracts. The rent fell from AED 118,000 to AED 70,000 in 2021 and recovered to AED 120,000 by February 2024.
  • At AED 120,000 a year the gross yield on the 2008 price is 14.6%, 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 3 February 2024.

Questions about 4102, Murjan 1

What did unit 4102 last sell for?

AED 820,000 on 18 September 2008, sold by the developer: AED 622 per sqft for 1,317 sqft. It is the only registered sale of the unit.

What is the rent for unit 4102?

AED 120,000 a year on the contract renewed on 3 February 2024. The previous contract, from February 2023, was AED 120,000; the unit has been rented since August 2013.

How big is unit 4102?

1,317 sqft (122.4 sqm): a two-bedroom apartment on the 41st floor of a 47-storey tower completed in 2007.

What is unit 4102 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 4102, Murjan 1

Starts from the last sale price (AED 820K, 18 September 2008). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

Plus AED 39,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →