1701, Murjan 3
Sold prices and rental history: sold 3 times, last in December 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1701, Murjan 3
What is 1701 worth today?
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Source: Dubai Land Department. Updated 9 February 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 3,136 sqft
- Floor
- 17th of 29
- Parking
- G371- G372
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 46,700 /yr
- Last sold
- AED 6.8M · December 2008
- Building
- Murjan 3
About 1701, Murjan 3
1701 is a four-bedroom apartment of 3,136 sqft on the 17th floor of Murjan 3, a 29-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 December 2008 for AED 6,800,000, or AED 2,168 per sqft, 23% above the AED 1,762 four-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 9 February 2024, is AED 227,681 a year: a gross yield of 3.4% on the 2008 price, before the service charge of about AED 46,700 a year.
Sales and rents for 1701 over time
1701 has sold 3 times; the dashed line is the four-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in Murjan 3, and where 1701 sits
All 17 4-beds →1701 last sold in December 2008 at AED 2,168 per sqft, 23% above what four-beds in Murjan 3 were fetching at the time (AED 1,762).
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Dec 202430 December 2024 | 3,136 sqft | 5,500,000 | 1,753 | ||
| 23 Sep 202423 September 2024 | 3,136 sqft | 5,000,000 | 1,594 | ||
| 23 Mar 202323 March 2023 | 5,005 sqft | 7,800,000 | 1,558 | ||
| 21 Nov 202221 November 2022 | 3,136 sqft | 4,480,000 | 1,428 |
Murjan 3
Building92 apartments, 2-bed to 4-bed over 29 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,504
- Typical sale
- AED 3.35M
- Typical rent
- AED 500K /yr
- Typical yield
- 10.6%
Other units on the 17th floor
All 92 units in Murjan 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1702 | 4-bed | 3,136 sqft | AED 2.8MAED 2,800,000 · Jan 2011January 2011 |
1701, Murjan 3 in numbers
- Sold 3 times: first on 26 December 2007 for AED 5,120,000, last on 21 December 2008 for AED 6,800,000 (AED 2,168 per sqft).
- Rented since October 2014 on 10 Ejari contracts. The rent fell from AED 300,000 to AED 195,000 in 2022 and recovered to AED 227,681 by February 2024.
- At AED 227,681 a year the gross yield on the 2008 price is 3.4%, before a service charge of about AED 46,700 a year (AED 14.89 per sqft).
Source: Dubai Land Department. Updated 9 February 2024.
Questions about 1701, Murjan 3
What did unit 1701 last sell for?
AED 6,800,000 on 21 December 2008: AED 2,168 per sqft for 3,136 sqft. The unit has 3 registered sales; the first was AED 5,120,000 in December 2007.
What is the rent for unit 1701?
AED 227,681 a year on the contract renewed on 9 February 2024. The previous contract, from February 2023, was AED 225,000; the unit has been rented since October 2014.
How big is unit 1701?
3,136 sqft (291.3 sqm): a four-bedroom apartment on the 17th floor of a 29-storey tower completed in 2007.
What is unit 1701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1701, Murjan 3
Starts from the last sale price (AED 6.8M, 21 December 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 6,800,000
- Deposit, UAE resident (20%)
- AED 1,360,000
- Deposit, non-resident (40%)
- AED 2,720,000
- Monthly over 25 years at 3.7%
- AED 27,821
Plus AED 290,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →