1404, Murjan 4
Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1404, Murjan 4
What is 1404 worth today?
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Source: Dubai Land Department. Updated 12 September 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,653 sqft
- Floor
- 14th of 36
- Parking
- B424, 425
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 51,800 /yr
- Last sold
- AED 1.5M · June 2011
- Building
- Murjan 4
About 1404, Murjan 4
1404 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 2012 on 10 Ejari contracts. The current contract, renewed on 12 September 2024, is AED 228,845 a year: a gross yield of 15.3% on the 2011 price, before the service charge of about AED 51,800 a year.
Sales and rents for 1404 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 1404 sits
All 64 3-beds →1404 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). 1404's AED 228,845 is in the lower half 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 41404, 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 September 2012 on 10 Ejari contracts. The rent fell from AED 231,141 to AED 205,556 in 2021 and recovered to AED 228,845 by September 2024.
- At AED 228,845 a year the gross yield on the 2011 price is 15.3%, before a service charge of about AED 51,800 a year (AED 19.53 per sqft).
Source: Dubai Land Department. Updated 12 September 2024.
Questions about 1404, Murjan 4
What did unit 1404 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 1404?
AED 228,845 a year on the contract renewed on 12 September 2024. The previous contract, from September 2023, was AED 218,947; the unit has been rented since September 2012.
How big is unit 1404?
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 1404 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 1404, 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 →