2-bed · 1,466 sqftMurjan 3, Jumeirah Beach Residence · 25th floor · completed 2007

2504, Murjan 3

Sold prices and rental history: sold 4 times, last in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2504 · DLD and Ejari recordsUpdated 3 November 2023
Last soldAED 2.33M3 November 2023
Current rentAED 86K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2504, Murjan 3

What is 2504 worth today?

Last sold for AED 2,325,000 in 2023

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3 Nov 2023SoldReady
AED 2,325,000AED 1,585 per sqft
30 Jun 2022SoldReady
AED 1,700,000AED 1,159 per sqft
1 Apr 2022RentedRenewal
AED 86,250/yr12 months · AED 59 per sqft
1 Apr 2021RentedNew contract
AED 75,000/yr12 months · AED 51 per sqft
28 Oct 2020RentedNew contract
AED 73,000/yr12 months · AED 50 per sqft
19 Jun 2019RentedRenewal
AED 122,000/yr12 months · AED 83 per sqft
19 Jun 2018RentedNew contract
AED 128,000/yr12 months · AED 87 per sqft
19 Jun 2017RentedNew contract
AED 130,000/yr12 months · AED 89 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 November 2023.

Key facts

Type
2-bed apartment
Size
1,466 sqft
Floor
25th of 29
Parking
B780
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,800 /yr
Last sold
AED 2.33M · November 2023
Building
Murjan 3

About 2504, Murjan 3

2504 is a two-bedroom apartment of 1,466 sqft on the 25th floor of Murjan 3, a 29-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 3 November 2023 for AED 2,325,000, or AED 1,585 per sqft, 14% above the AED 1,396 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 April 2022, is AED 86,250 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 21,800 a year.

Sales and rents for 2504 over time

Sales
Unit 2504, each saleTypical two-bed in Murjan 3
2M2.5M2008201320182023Typical sale price by year: 2008 AED 2,325,000; 2009 AED 2,000,000; 2013 AED 2,325,000; 2014 AED 2,476,000; 2016 AED 2,065,000; 2018 AED 1,700,000; 2022 AED 1,925,000; 2023 AED 2,100,000; 2024 AED 2,725,000Sold by developer, September 2008: AED 2,325,000 (AED 1,585 per sqft)Sold, October 2008: AED 2,600,000 (AED 1,773 per sqft)Sold, June 2022: AED 1,700,000 (AED 1,159 per sqft)Sold, November 2023: AED 2,325,000 (AED 1,585 per sqft)

2504 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2504, each contractTypical two-bed in Murjan 3
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 110,000; 2014 AED 160,000; 2015 AED 165,000; 2016 AED 145,000; 2017 AED 142,500; 2018 AED 135,000; 2019 AED 116,500; 2020 AED 90,000; 2021 AED 95,500; 2022 AED 100,991; 2023 AED 163,000; 2024 AED 140,000; 2025 AED 150,000New contract, May 2013: AED 110,000 a yearNew contract, March 2014: AED 139,149 a yearRenewal, March 2014: AED 121,000 a yearNew contract, April 2016: AED 140,000 a yearNew contract, June 2017: AED 130,000 a yearNew contract, June 2018: AED 128,000 a yearRenewal, June 2019: AED 122,000 a yearNew contract, October 2020: AED 73,000 a yearNew contract, April 2021: AED 75,000 a yearRenewal, April 2022: AED 86,250 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 3, and where 2504 sits

All 23 2-beds →

2504 last sold in November 2023 at AED 1,585 per sqft, 14% above what two-beds in Murjan 3 were fetching at the time (AED 1,396). Over the last 12 months two-beds sold for AED 2,275,000, around AED 1,548 per sqft, and rent for AED 150,000 to 150,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Feb 20262,275,000
26 Jun 20252,084,644
27 Sep 20243,550,000
24 May 20242,100,000
1 2-bed sale 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 25th floor

All 92 units in Murjan 3
Value
25012-bedAED 2.73M · Feb 2024
25022-bedAED 2M · Feb 2023
25032-bedAED 1.7M · Apr 2018

2504, Murjan 3 in numbers

  • Sold 4 times: first on 17 September 2008 for AED 2,325,000, last on 3 November 2023 for AED 2,325,000 (AED 1,585 per sqft).
  • Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 73,000 in 2020 and recovered to AED 86,250 by April 2022.
  • At AED 86,250 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 21,800 a year (AED 14.89 per sqft).
  • Two-beds in Murjan 3 sold for AED 2,275,000–2,275,000 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 3 November 2023.

Questions about 2504, Murjan 3

What did unit 2504 last sell for?

AED 2,325,000 on 3 November 2023: AED 1,585 per sqft for 1,466 sqft. The unit has 4 registered sales; the first was AED 2,325,000 in September 2008.

What is the rent for unit 2504?

AED 86,250 a year on the contract renewed on 1 April 2022. The previous contract, from April 2021, was AED 75,000; the unit has been rented since May 2013.

How big is unit 2504?

1,466 sqft (136.2 sqm): a two-bedroom apartment on the 25th floor of a 29-storey tower completed in 2007.

What is unit 2504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Murjan 3 sold for AED 2,275,000 to 2,275,000 in the last 12 months, around AED 1,548 per sqft.

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Mortgage on 2504, Murjan 3

Starts from the last sale price (AED 2.33M, 3 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,325,000
Deposit, UAE resident (20%)
AED 465,000
Deposit, non-resident (40%)
AED 930,000
Monthly over 25 years at 3.7%
AED 9,512

Plus AED 102,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →