2-bed · 1,463 sqftMurjan 4, Jumeirah Beach Residence · 30th floor · completed 2007

3004, Murjan 4

Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3004 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 2M6 June 2011
Current rentAED 153K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3004, Murjan 4

What is 3004 worth today?

Last sold for AED 2,000,000 in 2011

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1 May 2024RentedRenewal
AED 152,632/yr12 months · AED 104 per sqft
1 May 2023RentedRenewal
AED 140,000/yr12 months · AED 96 per sqft
1 May 2022RentedRenewal
AED 126,316/yr12 months · AED 86 per sqft
13 Jun 2019RentedRenewal
AED 147,368/yr12 months · AED 101 per sqft
13 Jun 2018RentedNew contract
AED 173,684/yr12 months · AED 119 per sqft
6 Jun 2011Sold by developerReady
AED 2,000,000AED 1,366 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
2-bed apartment
Size
1,463 sqft
Floor
30th of 36
Parking
B832
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,600 /yr
Last sold
AED 2M · June 2011
Building
Murjan 4

About 3004, Murjan 4

3004 is a two-bedroom apartment of 1,463 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 2018 on 5 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 152,632 a year: a gross yield of 7.6% on the 2011 price, before the service charge of about AED 28,600 a year.

Sales and rents for 3004 over time

Rents
Unit 3004, each contractTypical two-bed in Murjan 4
150K200K2013201720212025Typical 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, June 2018: AED 173,684 a yearRenewal, June 2019: AED 147,368 a yearRenewal, May 2022: AED 126,316 a yearRenewal, May 2023: AED 140,000 a yearRenewal, May 2024: AED 152,632 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 3004 sits

All 28 2-beds →

3004 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). 3004's AED 152,632 is at the bottom 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
30022-bedAED 2M · Jun 2011
30032-bedAED 2M · Jun 2011

3004, 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 June 2018 on 5 Ejari contracts. The rent fell from AED 173,684 to AED 126,316 in 2022 and recovered to AED 152,632 by May 2024.
  • At AED 152,632 a year the gross yield on the 2011 price is 7.6%, before a service charge of about AED 28,600 a year (AED 19.53 per sqft).

Source: Dubai Land Department. Updated 1 May 2024.

Questions about 3004, Murjan 4

What did unit 3004 last sell for?

AED 2,000,000 on 6 June 2011, sold by the developer: AED 1,366 per sqft for 1,463 sqft. It is the only registered sale of the unit.

What is the rent for unit 3004?

AED 152,632 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 140,000; the unit has been rented since June 2018.

How big is unit 3004?

1,463 sqft (135.9 sqm): a two-bedroom apartment on the 30th floor of a 36-storey tower completed in 2007.

What is unit 3004 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 3004, 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 →