2-bed · 1,793 sqftMurjan 3, Jumeirah Beach Residence · 28th floor · completed 2007

2801, Murjan 3

Sold prices and rental history: sold twice, last in March 2008, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2801 · DLD and Ejari recordsUpdated 12 May 2020
Last soldAED 3M2 March 2008
Current rentAED 70K /yr12 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2801, Murjan 3

What is 2801 worth today?

Last sold for AED 3,000,000 in 2008

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12 May 2020RentedRenewal
AED 70,000/yr12 months · AED 39 per sqft
12 May 2019RentedRenewal
AED 100,000/yr12 months · AED 56 per sqft
12 May 2018RentedNew contract
AED 165,000/yr12 months · AED 92 per sqft
2 Mar 2008SoldReady
AED 3,000,000AED 1,673 per sqft
6 Jan 2008Sold by developerReady
AED 2,945,000AED 1,642 per sqft

Source: Dubai Land Department. Updated 12 May 2020.

Key facts

Type
2-bed apartment
Size
1,793 sqft
Floor
28th of 29
Parking
G361-362
Developer
Dubai Properties
Completed
2007
Service charge
AED 26,700 /yr
Last sold
AED 3M · March 2008
Building
Murjan 3

About 2801, Murjan 3

2801 is a two-bedroom apartment of 1,793 sqft on the 28th floor of Murjan 3, a 29-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 2 March 2008 for AED 3,000,000, or AED 1,673 per sqft, 4% above the AED 1,612 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 12 May 2020, is AED 70,000 a year: a gross yield of 2.3% on the 2008 price, before the service charge of about AED 26,700 a year.

Sales and rents for 2801 over time

Sales
Unit 2801, each saleTypical two-bed in Murjan 3
2M3M2008201320182023Typical 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, January 2008: AED 2,945,000 (AED 1,642 per sqft)Sold, March 2008: AED 3,000,000 (AED 1,673 per sqft)

2801 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2801, 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 2018: AED 165,000 a yearRenewal, May 2019: AED 100,000 a yearRenewal, May 2020: AED 70,000 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 3, and where 2801 sits

All 23 2-beds →

2801 last sold in March 2008 at AED 1,673 per sqft, 4% above what two-beds in Murjan 3 were fetching at the time (AED 1,612). 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 28th floor

All 92 units in Murjan 3
Value
28022-bedAED 3.55M · Sep 2024

2801, Murjan 3 in numbers

  • Sold twice: first on 6 January 2008 for AED 2,945,000, last on 2 March 2008 for AED 3,000,000 (AED 1,673 per sqft).
  • Rented since May 2018 on 3 Ejari contracts, from AED 165,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2008 price is 2.3%, before a service charge of about AED 26,700 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: Dubai Land Department. Updated 12 May 2020.

Questions about 2801, Murjan 3

What did unit 2801 last sell for?

AED 3,000,000 on 2 March 2008: AED 1,673 per sqft for 1,793 sqft. The unit has 2 registered sales; the first was AED 2,945,000 in January 2008.

What is the rent for unit 2801?

AED 70,000 a year on the contract renewed on 12 May 2020. The previous contract, from May 2019, was AED 100,000; the unit has been rented since May 2018.

How big is unit 2801?

1,793 sqft (166.6 sqm): a two-bedroom apartment on the 28th floor of a 29-storey tower completed in 2007.

What is unit 2801 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 2801, Murjan 3

Starts from the last sale price (AED 3M, 2 March 2008). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →