1403, Murjan 4
Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1403, Murjan 4
What is 1403 worth today?
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Source: Dubai Land Department. Updated 10 June 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,653 sqft
- Floor
- 14th of 36
- Parking
- B431, 432
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 51,800 /yr
- Last sold
- AED 1.5M · June 2011
- Building
- Murjan 4
About 1403, Murjan 4
1403 is a three-bedroom apartment of 2,653 sqft on the 14th floor of Murjan 4, a 36-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 5 June 2011 for AED 1,500,000, or AED 565 per sqft, 20% below the AED 704 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 10 June 2024, is AED 333,333 a year: a gross yield of 22.2% on the 2011 price, before the service charge of about AED 51,800 a year.
Sales and rents for 1403 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Murjan 4, and where 1403 sits
All 64 3-beds →1403 last sold in June 2011 at AED 565 per sqft, 20% below what three-beds in Murjan 4 were fetching at the time (AED 704). 1403's AED 333,333 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Jun 20116 June 2011 | 2,653 sqft | 1,500,000 | 565 | ||
| 6 Jun 20116 June 2011 | 2,653 sqft | 1,500,000 | 565 | ||
| 6 Jun 20116 June 2011 | 2,653 sqft | 1,500,000 | 565 | ||
| 6 Jun 20116 June 2011 | 2,128 sqft | 1,500,000 | 704 |
Murjan 4
Building114 apartments, 2-bed to 4-bed over 36 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 256K /yr
- Typical yield
Other units on the 14th floor
All 114 units in Murjan 41403, Murjan 4 in numbers
- Sold once: by Dubai Properties on 5 June 2011 for AED 1,500,000, or AED 565 per sqft.
- Rented since August 2015 on 9 Ejari contracts. The rent fell from AED 304,167 to AED 247,895 in 2019 and recovered to AED 333,333 by June 2024.
- At AED 333,333 a year the gross yield on the 2011 price is 22.2%, before a service charge of about AED 51,800 a year (AED 19.53 per sqft).
Source: Dubai Land Department. Updated 10 June 2024.
Questions about 1403, Murjan 4
What did unit 1403 last sell for?
AED 1,500,000 on 5 June 2011, sold by the developer: AED 565 per sqft for 2,653 sqft. It is the only registered sale of the unit.
What is the rent for unit 1403?
AED 333,333 a year on the contract signed on 10 June 2024. The previous contract, from January 2023, was AED 273,684; the unit has been rented since August 2015.
How big is unit 1403?
2,653 sqft (246.5 sqm): a three-bedroom apartment on the 14th floor of a 36-storey tower completed in 2007.
What is unit 1403 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 1403, Murjan 4
Starts from the last sale price (AED 1.5M, 5 June 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →