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3-bed · 2,170 sqftMurjan 3, Jumeirah Beach Residence · 3rd floor · completed 2007

301, Murjan 3

Sold prices and rental history: sold twice, last in June 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 2.2M10 June 2021
Current rentAED 220K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 301, Murjan 3

What is 301 worth today?

Last sold for AED 2,200,000 in 2021

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15 Jun 2024RentedRenewal
AED 220,000/yr12 months · AED 101 per sqft
15 Jun 2023RentedRenewal
AED 220,000/yr12 months · AED 101 per sqft
10 Jun 2021SoldReady
AED 2,200,000AED 1,013 per sqft
24 Nov 2019Sold by developerReady
AED 3,550,000AED 1,635 per sqft

Source: Dubai Land Department. Updated 15 June 2024.

Key facts

Type
3-bed apartment
Size
2,170 sqft
Floor
3rd of 29
Parking
B739- B740
Developer
Dubai Properties
Completed
2007
Service charge
AED 32,300 /yr
Last sold
AED 2.2M · June 2021
Building
Murjan 3

About 301, Murjan 3

301 is a three-bedroom apartment of 2,170 sqft on the 3rd floor of Murjan 3, a 29-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 10 June 2021 for AED 2,200,000, or AED 1,013 per sqft, in line with the AED 1,013 three-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 15 June 2024, is AED 220,000 a year: a gross yield of 10.0% on the 2021 price, before the service charge of about AED 32,300 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical three-bed in Murjan 3
2M3M4M2008201320182023Typical 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, November 2019: AED 3,550,000 (AED 1,635 per sqft)Sold, June 2021: AED 2,200,000 (AED 1,013 per sqft)

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

Rents
Unit 301, 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, June 2023: AED 220,000 a yearRenewal, June 2024: AED 220,000 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 301 sits

All 50 3-beds →

301 last sold in June 2021 at AED 1,013 per sqft, in line with what three-beds in Murjan 3 were fetching at the time (AED 1,013). 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 3rd floor

All 92 units in Murjan 3
Value
3023-bedAED 4.52M · Dec 2008
3033-bedAED 4.27M · Mar 2014
3043-bedAED 5.49M · Jan 2011

301, Murjan 3 in numbers

  • Sold twice: first on 24 November 2019 for AED 3,550,000, last on 10 June 2021 for AED 2,200,000 (AED 1,013 per sqft).
  • Rented since June 2023 on 2 Ejari contracts, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2021 price is 10.0%, before a service charge of about AED 32,300 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: Dubai Land Department. Updated 15 June 2024.

Questions about 301, Murjan 3

What did unit 301 last sell for?

AED 2,200,000 on 10 June 2021: AED 1,013 per sqft for 2,170 sqft. The unit has 2 registered sales; the first was AED 3,550,000 in November 2019.

What is the rent for unit 301?

AED 220,000 a year on the contract renewed on 15 June 2024. The previous contract, from June 2023, was AED 220,000.

How big is unit 301?

2,170 sqft (201.6 sqm): a three-bedroom apartment on the 3rd floor of a 29-storey tower completed in 2007.

What is unit 301 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 301, Murjan 3

Starts from the last sale price (AED 2.2M, 10 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →