2-bed · 1,464 sqftMurjan 4, Jumeirah Beach Residence · 30th floor · completed 2007

3002, Murjan 4

Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3002 · DLD and Ejari recordsUpdated 7 July 2024
Last soldAED 2M6 June 2011
Current rentAED 195K /yr7 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3002, Murjan 4

What is 3002 worth today?

Last sold for AED 2,000,000 in 2011

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7 Jul 2024RentedNew contract
AED 194,737/yr12 months · AED 133 per sqft
7 Nov 2023RentedNew contract
AED 216,667/yr6 months · AED 148 per sqft
16 Dec 2022RentedRenewal
AED 189,474/yr6 months · AED 129 per sqft
16 Jun 2022RentedRenewal
AED 189,474/yr6 months · AED 129 per sqft
16 Dec 2021RentedNew contract
AED 177,778/yr6 months · AED 121 per sqft
15 Oct 2020RentedRenewal
AED 145,263/yr10 months · AED 99 per sqft
15 Oct 2019RentedNew contract
AED 106,481/yr12 months · AED 73 per sqft
4 Sep 2018RentedRenewal
AED 178,947/yr12 months · AED 122 per sqft

Source: Dubai Land Department. Updated 7 July 2024.

Key facts

Type
2-bed apartment
Size
1,464 sqft
Floor
30th of 36
Parking
B834
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,600 /yr
Last sold
AED 2M · June 2011
Building
Murjan 4

About 3002, Murjan 4

3002 is a two-bedroom apartment of 1,464 sqft on the 30th floor of Murjan 4, a 36-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 6 June 2011 for AED 2,000,000, or AED 1,366 per sqft, in line with the AED 1,366 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 7 July 2024, is AED 194,737 a year: a gross yield of 9.7% on the 2011 price, before the service charge of about AED 28,600 a year.

Sales and rents for 3002 over time

Rents
Unit 3002, each contractTypical two-bed in Murjan 4
100K200K2013201720212025Typical rent by year: 2013 AED 206,945; 2014 AED 218,889; 2015 AED 211,111; 2016 AED 210,819; 2017 AED 201,053; 2018 AED 194,737; 2019 AED 148,866; 2020 AED 133,333; 2021 AED 138,889; 2022 AED 160,000; 2023 AED 173,684; 2024 AED 185,556; 2025 AED 188,889; 2026 AED 195,789New contract, February 2014: AED 222,222 a yearNew contract, September 2017: AED 188,889 a yearRenewal, September 2018: AED 178,947 a yearNew contract, October 2019: AED 106,481 a yearRenewal, October 2020: AED 145,263 a yearNew contract, December 2021: AED 177,778 a yearRenewal, June 2022: AED 189,474 a yearRenewal, December 2022: AED 189,474 a yearNew contract, November 2023: AED 216,667 a yearNew contract, July 2024: AED 194,737 a year

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

2-beds in Murjan 4, and where 3002 sits

All 28 2-beds →

3002 last sold in June 2011 at AED 1,366 per sqft, in line with what two-beds in Murjan 4 were fetching at the time (AED 1,366). 3002's AED 194,737 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Jun 20112,000,000
6 Jun 20112,000,000
6 Jun 20112,000,000
6 Jun 20112,000,000
0 2-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 30th floor

All 114 units in Murjan 4
Value
30012-bedAED 2M · Jun 2011
30032-bedAED 2M · Jun 2011
30042-bedAED 2M · Jun 2011

3002, Murjan 4 in numbers

  • Sold once: by Dubai Properties on 6 June 2011 for AED 2,000,000, or AED 1,366 per sqft.
  • Rented since February 2014 on 10 Ejari contracts. The rent fell from AED 222,222 to AED 106,481 in 2019 and recovered to AED 194,737 by July 2024.
  • At AED 194,737 a year the gross yield on the 2011 price is 9.7%, before a service charge of about AED 28,600 a year (AED 19.53 per sqft).

Source: Dubai Land Department. Updated 7 July 2024.

Questions about 3002, Murjan 4

What did unit 3002 last sell for?

AED 2,000,000 on 6 June 2011, sold by the developer: AED 1,366 per sqft for 1,464 sqft. It is the only registered sale of the unit.

What is the rent for unit 3002?

AED 194,737 a year on the contract signed on 7 July 2024. The previous contract, from November 2023, was AED 216,667; the unit has been rented since February 2014.

How big is unit 3002?

1,464 sqft (136.0 sqm): a two-bedroom apartment on the 30th floor of a 36-storey tower completed in 2007.

What is unit 3002 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 3002, Murjan 4

Starts from the last sale price (AED 2M, 6 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →