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

UP01, Murjan 3

Sold prices and rental history: sold twice, last in July 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP01 · DLD and Ejari recordsUpdated 7 July 2024
Last soldAED 3M3 July 2014
Current rentAED 170K /yr7 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for UP01, Murjan 3

What is UP01 worth today?

Last sold for AED 3,000,000 in 2014

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7 Jul 2024RentedNew contract
AED 170,004/yr2 months · AED 78 per sqft
7 Nov 2023RentedNew contract
AED 160,001/yr8 months · AED 74 per sqft
7 Nov 2022RentedRenewal
AED 145,000/yr12 months · AED 67 per sqft
7 Nov 2021RentedNew contract
AED 140,000/yr12 months · AED 64 per sqft
1 Feb 2021RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft
2 Nov 2018RentedRenewal
AED 161,143/yr7 months · AED 74 per sqft
2 Nov 2017RentedNew contract
AED 170,000/yr12 months · AED 78 per sqft
16 Dec 2015RentedRenewal
AED 144,150/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 7 July 2024.

Key facts

Type
3-bed apartment
Size
2,170 sqft
Parking
B725- B725A
Developer
Dubai Properties
Completed
2007
Service charge
AED 32,300 /yr
Last sold
AED 3M · July 2014
Building
Murjan 3

About UP01, Murjan 3

UP01 is a three-bedroom apartment of 2,170 sqft of Murjan 3, a 29-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 3 July 2014 for AED 3,000,000, or AED 1,382 per sqft, 15% below the AED 1,635 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 7 July 2024, is AED 170,004 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 32,300 a year.

Sales and rents for UP01 over time

Sales
Unit UP01, 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, February 2010: AED 2,213,610 (AED 1,019 per sqft)Sold, July 2014: AED 3,000,000 (AED 1,382 per sqft)

UP01 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit UP01, 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 200,000New contract, December 2012: AED 125,000 a yearNew contract, December 2014: AED 142,981 a yearRenewal, December 2015: AED 144,150 a yearNew contract, November 2017: AED 170,000 a yearRenewal, November 2018: AED 161,143 a yearNew contract, February 2021: AED 130,000 a yearNew contract, November 2021: AED 140,000 a yearRenewal, November 2022: AED 145,000 a yearNew contract, November 2023: AED 160,001 a yearNew contract, July 2024: AED 170,004 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 UP01 sits

All 50 3-beds →

UP01 last sold in July 2014 at AED 1,382 per sqft, 15% below what three-beds in Murjan 3 were fetching at the time (AED 1,635). 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 →

UP01, Murjan 3 in numbers

  • Sold twice: first on 28 February 2010 for AED 2,213,610, last on 3 July 2014 for AED 3,000,000 (AED 1,382 per sqft).
  • Rented since December 2012 on 10 Ejari contracts, from AED 125,000 to AED 170,004 a year.
  • At AED 170,004 a year the gross yield on the 2014 price is 5.7%, 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 7 July 2024.

Questions about UP01, Murjan 3

What did unit UP01 last sell for?

AED 3,000,000 on 3 July 2014: AED 1,382 per sqft for 2,170 sqft. The unit has 2 registered sales; the first was AED 2,213,610 in February 2010.

What is the rent for unit UP01?

AED 170,004 a year on the contract signed on 7 July 2024. The previous contract, from November 2023, was AED 160,001; the unit has been rented since December 2012.

How big is unit UP01?

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

What is unit UP01 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 UP01, Murjan 3

Starts from the last sale price (AED 3M, 3 July 2014). 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 →