4-bed · 5,326 sqftMurjan 3, Jumeirah Beach Residence · 29th floor · completed 2007

2901, Murjan 3

Sold prices and rental history: sold 3 times, last in December 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 8 December 2011
Last soldAED 6M8 December 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, Murjan 3

What is 2901 worth today?

Last sold for AED 6,000,000 in 2011

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8 Dec 2011SoldReady
AED 6,000,000AED 1,126 per sqft
10 Dec 2009Sold by developerReady
AED 10,060,000AED 1,888 per sqft
10 Dec 2009SoldReady
AED 6,500,000AED 1,220 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 December 2011.

Key facts

Type
4-bed apartment
Size
5,326 sqft
Floor
29th of 29
Parking
G373- G376
Developer
Dubai Properties
Completed
2007
Service charge
AED 79,300 /yr
Last sold
AED 6M · December 2011
Building
Murjan 3

About 2901, Murjan 3

2901 is a four-bedroom apartment of 5,326 sqft on the 29th floor of Murjan 3, a 29-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 8 December 2011 for AED 6,000,000, or AED 1,126 per sqft, 26% above the AED 892 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2901 over time

Sales
Unit 2901, each saleTypical four-bed in Murjan 3
5M10M20072009201120132015Typical sale price by year: 2007 AED 5,120,000; 2008 AED 6,765,000; 2009 AED 6,595,000; 2010 AED 3,186,330; 2011 AED 2,800,000; 2012 AED 5,120,000; 2014 AED 9,750,000Sold by developer, December 2009: AED 10,060,000 (AED 1,888 per sqft)Sold, December 2009: AED 6,500,000 (AED 1,220 per sqft)Sold, December 2011: AED 6,000,000 (AED 1,126 per sqft)

2901 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2901, each contractTypical four-bed in Murjan 3
200K250K300K20142017202020232026Typical rent by year: 2014 AED 285,000; 2015 AED 261,250; 2016 AED 270,752; 2017 AED 245,000; 2018 AED 233,448; 2019 AED 200,000; 2020 AED 180,000; 2021 AED 175,000; 2022 AED 197,500; 2023 AED 218,623; 2024 AED 275,000; 2025 AED 275,000

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 2901 sits

All 17 4-beds →

2901 last sold in December 2011 at AED 1,126 per sqft, 26% above what four-beds in Murjan 3 were fetching at the time (AED 892).

Recent 4-bed salesUnit no.Price (AED)Summary
30 Dec 20245,500,000
23 Sep 20245,000,000
23 Mar 20237,800,000
21 Nov 20224,480,000
0 4-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 29th floor

All 92 units in Murjan 3
Value
29024-bedAED 11.45M · May 2014

2901, Murjan 3 in numbers

  • Sold 3 times: first on 10 December 2009 for AED 6,500,000, last on 8 December 2011 for AED 6,000,000 (AED 1,126 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 8 December 2011.

Questions about 2901, Murjan 3

What did unit 2901 last sell for?

AED 6,000,000 on 8 December 2011: AED 1,126 per sqft for 5,326 sqft. The unit has 3 registered sales; the first was AED 6,500,000 in December 2009.

How big is unit 2901?

5,326 sqft (494.8 sqm): a four-bedroom apartment on the 29th floor of a 29-storey tower completed in 2007.

What is unit 2901 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 2901, Murjan 3

Starts from the last sale price (AED 6M, 8 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 6,000,000
Deposit, UAE resident (20%)
AED 1,200,000
Deposit, non-resident (40%)
AED 2,400,000
Monthly over 25 years at 3.7%
AED 24,548

Plus AED 257,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →