4-bed · 5,319 sqftMurjan 3, Jumeirah Beach Residence · 29th floor · completed 2007

2902, Murjan 3

Sold prices and rental history: sold 3 times, last in May 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 20 May 2014
Last soldAED 11.45M20 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Murjan 3

What is 2902 worth today?

Last sold for AED 11,450,000 in 2014

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20 May 2014SoldReady
AED 11,450,000AED 2,152 per sqft
14 Mar 2012SoldReady
AED 8,200,000AED 1,541 per sqft
6 Mar 2008Sold by developerReady
AED 10,060,000AED 1,891 per sqft

Source: Dubai Land Department. Updated 20 May 2014.

Key facts

Type
4-bed apartment
Size
5,319 sqft
Floor
29th of 29
Parking
G379- G382
Developer
Dubai Properties
Completed
2007
Service charge
AED 79,200 /yr
Last sold
AED 11.45M · May 2014
Building
Murjan 3

About 2902, Murjan 3

2902 is a four-bedroom apartment of 5,319 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 20 May 2014 for AED 11,450,000, or AED 2,152 per sqft, 10% above the AED 1,948 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2902 over time

Sales
Unit 2902, 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, March 2008: AED 10,060,000 (AED 1,891 per sqft)Sold, March 2012: AED 8,200,000 (AED 1,541 per sqft)Sold, May 2014: AED 11,450,000 (AED 2,152 per sqft)

2902 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2902, 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 2902 sits

All 17 4-beds →

2902 last sold in May 2014 at AED 2,152 per sqft, 10% above what four-beds in Murjan 3 were fetching at the time (AED 1,948).

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
29014-bedAED 6M · Dec 2011

2902, Murjan 3 in numbers

  • Sold 3 times: first on 6 March 2008 for AED 10,060,000, last on 20 May 2014 for AED 11,450,000 (AED 2,152 per sqft).

Source: Dubai Land Department. Updated 20 May 2014.

Questions about 2902, Murjan 3

What did unit 2902 last sell for?

AED 11,450,000 on 20 May 2014: AED 2,152 per sqft for 5,319 sqft. The unit has 3 registered sales; the first was AED 10,060,000 in March 2008.

How big is unit 2902?

5,319 sqft (494.2 sqm): a four-bedroom apartment on the 29th floor of a 29-storey tower completed in 2007.

What is unit 2902 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 2902, Murjan 3

Starts from the last sale price (AED 11.45M, 20 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 11,450,000
Deposit, UAE resident (20%)
AED 2,290,000
Deposit, non-resident (40%)
AED 4,580,000
Monthly over 25 years at 3.7%
AED 46,846

Plus AED 485,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →