3-bed · 2,673 sqftMurjan 3, Jumeirah Beach Residence · 2nd floor · completed 2007

203, Murjan 3

Sold prices and rental history: sold 3 times, last in December 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 May 2023
Last soldAED 2.99M20 December 2012
Current rentAED 120K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Murjan 3

What is 203 worth today?

Last sold for AED 2,990,000 in 2012

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1 May 2023RentedRenewal
AED 120,000/yr12 months · AED 45 per sqft
1 May 2022RentedRenewal
AED 120,000/yr12 months · AED 45 per sqft
1 May 2021RentedNew contract
AED 120,000/yr12 months · AED 45 per sqft
5 Mar 2021RentedNew contract
AED 120,000/yr12 months · AED 45 per sqft
10 Aug 2019RentedRenewal
AED 180,000/yr12 months · AED 67 per sqft
10 Aug 2018RentedRenewal
AED 190,000/yr12 months · AED 71 per sqft
20 Dec 2012SoldReady
AED 2,990,000AED 1,118 per sqft
4 May 2011SoldReady
AED 1,425,000AED 533 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2023.

Key facts

Type
3-bed apartment
Size
2,673 sqft
Floor
2nd of 29
Parking
B068- G069
Developer
Dubai Properties
Completed
2007
Service charge
AED 39,800 /yr
Last sold
AED 2.99M · December 2012
Building
Murjan 3

About 203, Murjan 3

203 is a three-bedroom apartment of 2,673 sqft on the 2nd floor of Murjan 3, a 29-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 20 December 2012 for AED 2,990,000, or AED 1,118 per sqft, in line with the AED 1,133 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 120,000 a year: a gross yield of 4.0% on the 2012 price, before the service charge of about AED 39,800 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical three-bed in Murjan 3
2M4M2008201320182023Typical sale price by year: 2008 AED 3,952,500; 2009 AED 4,355,000; 2010 AED 2,689,155; 2011 AED 3,379,000; 2012 AED 3,029,290; 2013 AED 3,550,000; 2014 AED 3,800,000; 2015 AED 3,253,500; 2018 AED 2,750,000; 2021 AED 2,200,000; 2023 AED 3,210,000; 2024 AED 3,420,000; 2025 AED 3,900,000Sold by developer, February 2010: AED 2,689,155 (AED 1,006 per sqft)Sold, May 2011: AED 1,425,000 (AED 533 per sqft)Sold, December 2012: AED 2,990,000 (AED 1,118 per sqft)

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

Rents
Unit 203, each contractTypical three-bed in Murjan 3
150K200K2012201620202024Typical rent by year: 2012 AED 145,330; 2013 AED 184,250; 2014 AED 196,350; 2015 AED 195,000; 2016 AED 185,955; 2017 AED 185,477; 2018 AED 175,000; 2019 AED 159,200; 2020 AED 138,000; 2021 AED 135,000; 2022 AED 145,001; 2023 AED 161,586; 2024 AED 200,000; 2025 AED 200,000Renewal, August 2018: AED 190,000 a yearRenewal, August 2019: AED 180,000 a yearNew contract, March 2021: AED 120,000 a yearNew contract, May 2021: AED 120,000 a yearRenewal, May 2022: AED 120,000 a yearRenewal, May 2023: AED 120,000 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 3, and where 203 sits

All 50 3-beds →

203 last sold in December 2012 at AED 1,118 per sqft, in line with what three-beds in Murjan 3 were fetching at the time (AED 1,133). Over the last 12 months three-beds sold for AED 3,100,000 to 3,900,000, around AED 1,459 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
19 Dec 20253,100,000
18 Dec 20253,900,000
24 Apr 20253,930,000
16 Dec 20243,620,000
3 3-bed sales in the last 12 months

Murjan 3

Building

92 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%
Murjan 3, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 2nd floor

All 92 units in Murjan 3
Value
2013-bedAED 2.08M · Feb 2021
2023-bedAED 879K · May 2012
2043-bedAED 3.08M · Dec 2024

203, Murjan 3 in numbers

  • Sold 3 times: first on 25 February 2010 for AED 2,689,155, last on 20 December 2012 for AED 2,990,000 (AED 1,118 per sqft).
  • Rented since August 2018 on 6 Ejari contracts, from AED 190,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2012 price is 4.0%, before a service charge of about AED 39,800 a year (AED 14.89 per sqft).
  • Three-beds in Murjan 3 sold for AED 3,100,000–3,900,000 in the 12 months to November 2026; the building's median across all types is AED 1,504 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2023.

Questions about 203, Murjan 3

What did unit 203 last sell for?

AED 2,990,000 on 20 December 2012: AED 1,118 per sqft for 2,673 sqft. The unit has 3 registered sales; the first was AED 2,689,155 in February 2010.

What is the rent for unit 203?

AED 120,000 a year on the contract renewed on 1 May 2023. The previous contract, from May 2022, was AED 120,000; the unit has been rented since August 2018.

How big is unit 203?

2,673 sqft (248.3 sqm): a three-bedroom apartment on the 2nd floor of a 29-storey tower completed in 2007.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Murjan 3 sold for AED 3,100,000 to 3,900,000 in the last 12 months, around AED 1,459 per sqft.

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Mortgage on 203, Murjan 3

Starts from the last sale price (AED 2.99M, 20 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,990,000
Deposit, UAE resident (20%)
AED 598,000
Deposit, non-resident (40%)
AED 1,196,000
Monthly over 25 years at 3.7%
AED 12,233

Plus AED 130,590 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →