4-bed · 3,105 sqftMurjan 4, Jumeirah Beach Residence · 24th floor · completed 2007

2401, Murjan 4

Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 2.5M5 June 2011
Current rentAED 302K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, Murjan 4

What is 2401 worth today?

Last sold for AED 2,500,000 in 2011

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1 Nov 2024RentedRenewal
AED 302,105/yr12 months · AED 97 per sqft
1 Nov 2021RentedRenewal
AED 252,632/yr12 months · AED 81 per sqft
1 Nov 2020RentedNew contract
AED 266,667/yr12 months · AED 86 per sqft
14 Aug 2019RentedNew contract
AED 272,222/yr12 months · AED 88 per sqft
11 Nov 2017RentedRenewal
AED 354,937/yr12 months · AED 114 per sqft
11 Nov 2016RentedNew contract
AED 377,778/yr12 months · AED 122 per sqft
11 Nov 2015RentedNew contract
AED 350,000/yr12 months · AED 113 per sqft
6 Nov 2013RentedNew contract
AED 344,444/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
4-bed apartment
Size
3,105 sqft
Floor
24th of 36
Parking
G529, 530
Developer
Dubai Properties
Completed
2007
Service charge
AED 60,600 /yr
Last sold
AED 2.5M · June 2011
Building
Murjan 4

About 2401, Murjan 4

2401 is a four-bedroom apartment of 3,105 sqft on the 24th 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 2,500,000, or AED 805 per sqft, in line with the AED 805 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 302,105 a year: a gross yield of 12.1% on the 2011 price, before the service charge of about AED 60,600 a year.

Sales and rents for 2401 over time

Rents
Unit 2401, each contractTypical four-bed in Murjan 4
300K400K2012201620202024Typical rent by year: 2012 AED 262,222; 2013 AED 300,000; 2014 AED 314,474; 2015 AED 327,778; 2016 AED 314,474; 2017 AED 311,162; 2018 AED 287,895; 2019 AED 272,222; 2020 AED 252,632; 2021 AED 255,556; 2022 AED 281,538; 2023 AED 305,263; 2024 AED 310,526; 2025 AED 320,448; 2026 AED 361,111New contract, November 2013: AED 344,444 a yearNew contract, November 2015: AED 350,000 a yearNew contract, November 2016: AED 377,778 a yearRenewal, November 2017: AED 354,937 a yearNew contract, August 2019: AED 272,222 a yearNew contract, November 2020: AED 266,667 a yearRenewal, November 2021: AED 252,632 a yearRenewal, November 2024: AED 302,105 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Murjan 4, and where 2401 sits

All 24 4-beds →

2401 last sold in June 2011 at AED 805 per sqft, in line with what four-beds in Murjan 4 were fetching at the time (AED 805). 2401's AED 302,105 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
6 Jun 20112,500,000
6 Jun 20112,500,000
6 Jun 20112,500,000
6 Jun 20112,500,000
0 4-bed sales in the last 12 months

Murjan 4

Building

114 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
Murjan 4, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 24th floor

All 114 units in Murjan 4
Value
24024-bedAED 2.5M · Jun 2011

2401, Murjan 4 in numbers

  • Sold once: by Dubai Properties on 5 June 2011 for AED 2,500,000, or AED 805 per sqft.
  • Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 344,444 to AED 252,632 in 2021 and recovered to AED 302,105 by November 2024.
  • At AED 302,105 a year the gross yield on the 2011 price is 12.1%, before a service charge of about AED 60,600 a year (AED 19.53 per sqft).

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 2401, Murjan 4

What did unit 2401 last sell for?

AED 2,500,000 on 5 June 2011, sold by the developer: AED 805 per sqft for 3,105 sqft. It is the only registered sale of the unit.

What is the rent for unit 2401?

AED 302,105 a year on the contract renewed on 1 November 2024. The previous contract, from November 2021, was AED 252,632; the unit has been rented since November 2013.

How big is unit 2401?

3,105 sqft (288.5 sqm): a four-bedroom apartment on the 24th floor of a 36-storey tower completed in 2007.

What is unit 2401 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 2401, Murjan 4

Starts from the last sale price (AED 2.5M, 5 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →