4-bed · 3,105 sqftMurjan 4, Jumeirah Beach Residence · 26th floor · completed 2007

2602, Murjan 4

Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2602 · DLD and Ejari recordsUpdated 23 October 2024
Last soldAED 2.5M5 June 2011
Current rentAED 297K /yr23 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2602, Murjan 4

What is 2602 worth today?

Last sold for AED 2,500,000 in 2011

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23 Oct 2024RentedRenewal
AED 296,842/yr12 months · AED 96 per sqft
23 Oct 2023RentedRenewal
AED 282,105/yr12 months · AED 91 per sqft
23 Oct 2022RentedRenewal
AED 268,143/yr12 months · AED 86 per sqft
23 Aug 2020RentedNew contract
AED 229,173/yr14 months · AED 74 per sqft
23 May 2019RentedNew contract
AED 282,222/yr12 months · AED 91 per sqft
22 Oct 2016RentedRenewal
AED 297,895/yr12 months · AED 96 per sqft
5 Jun 2011Sold by developerReady
AED 2,500,000AED 805 per sqft

Source: Dubai Land Department. Updated 23 October 2024.

Key facts

Type
4-bed apartment
Size
3,105 sqft
Floor
26th of 36
Parking
G354, 355
Developer
Dubai Properties
Completed
2007
Service charge
AED 60,600 /yr
Last sold
AED 2.5M · June 2011
Building
Murjan 4

About 2602, Murjan 4

2602 is a four-bedroom apartment of 3,105 sqft on the 26th 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 2016 on 6 Ejari contracts. The current contract, renewed on 23 October 2024, is AED 296,842 a year: a gross yield of 11.9% on the 2011 price, before the service charge of about AED 60,600 a year.

Sales and rents for 2602 over time

Rents
Unit 2602, each contractTypical four-bed in Murjan 4
300K2012201620202024Typical 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 361,111Renewal, October 2016: AED 297,895 a yearNew contract, May 2019: AED 282,222 a yearNew contract, August 2020: AED 229,173 a yearRenewal, October 2022: AED 268,143 a yearRenewal, October 2023: AED 282,105 a yearRenewal, October 2024: AED 296,842 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 2602 sits

All 24 4-beds →

2602 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). 2602's AED 296,842 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 26th floor

All 114 units in Murjan 4
Value
26014-bedAED 2.5M · Jun 2011

2602, 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 October 2016 on 6 Ejari contracts. The rent fell from AED 297,895 to AED 229,173 in 2020 and recovered to AED 296,842 by October 2024.
  • At AED 296,842 a year the gross yield on the 2011 price is 11.9%, before a service charge of about AED 60,600 a year (AED 19.53 per sqft).

Source: Dubai Land Department. Updated 23 October 2024.

Questions about 2602, Murjan 4

What did unit 2602 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 2602?

AED 296,842 a year on the contract renewed on 23 October 2024. The previous contract, from October 2023, was AED 282,105; the unit has been rented since October 2016.

How big is unit 2602?

3,105 sqft (288.5 sqm): a four-bedroom apartment on the 26th floor of a 36-storey tower completed in 2007.

What is unit 2602 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 2602, 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 →