2-bed · 1,464 sqftMurjan 4, Jumeirah Beach Residence · 33rd floor · completed 2007

3302, 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 3302 · DLD and Ejari recordsUpdated 9 October 2024
Last soldAED 2M6 June 2011
Current rentAED 207K /yr9 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3302, Murjan 4

What is 3302 worth today?

Last sold for AED 2,000,000 in 2011

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9 Oct 2024RentedNew contract
AED 206,667/yr12 months · AED 141 per sqft
1 Mar 2023RentedRenewal
AED 163,628/yr12 months · AED 112 per sqft
1 Mar 2022RentedRenewal
AED 154,737/yr12 months · AED 106 per sqft
1 Mar 2021RentedNew contract
AED 155,556/yr12 months · AED 106 per sqft
1 Nov 2019RentedNew contract
AED 187,136/yr11 months · AED 128 per sqft
18 Sep 2018RentedNew contract
AED 231,797/yr12 months · AED 158 per sqft
1 Jul 2014RentedNew contract
AED 253,333/yr12 months · AED 173 per sqft
6 Jun 2011Sold by developerReady
AED 2,000,000AED 1,366 per sqft

Source: Dubai Land Department. Updated 9 October 2024.

Key facts

Type
2-bed apartment
Size
1,464 sqft
Floor
33rd of 36
Parking
G536
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,600 /yr
Last sold
AED 2M · June 2011
Building
Murjan 4

About 3302, Murjan 4

3302 is a two-bedroom apartment of 1,464 sqft on the 33rd 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 7 Ejari contracts. The current contract, signed on 9 October 2024, is AED 206,667 a year: a gross yield of 10.3% on the 2011 price, before the service charge of about AED 28,600 a year.

Sales and rents for 3302 over time

Rents
Unit 3302, each contractTypical two-bed in Murjan 4
200K2013201720212025Typical 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, July 2014: AED 253,333 a yearNew contract, September 2018: AED 231,797 a yearNew contract, November 2019: AED 187,136 a yearNew contract, March 2021: AED 155,556 a yearRenewal, March 2022: AED 154,737 a yearRenewal, March 2023: AED 163,628 a yearNew contract, October 2024: AED 206,667 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 3302 sits

All 28 2-beds →

3302 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). 3302's AED 206,667 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 33rd floor

All 114 units in Murjan 4
Value
33012-bedAED 2M · Jun 2011
33032-bedAED 2M · Jun 2011
33042-bedAED 2M · Jun 2011

3302, 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 July 2014 on 7 Ejari contracts. The rent fell from AED 253,333 to AED 154,737 in 2022 and recovered to AED 206,667 by October 2024.
  • At AED 206,667 a year the gross yield on the 2011 price is 10.3%, before a service charge of about AED 28,600 a year (AED 19.53 per sqft).

Source: Dubai Land Department. Updated 9 October 2024.

Questions about 3302, Murjan 4

What did unit 3302 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 3302?

AED 206,667 a year on the contract signed on 9 October 2024. The previous contract, from March 2023, was AED 163,628; the unit has been rented since July 2014.

How big is unit 3302?

1,464 sqft (136.0 sqm): a two-bedroom apartment on the 33rd floor of a 36-storey tower completed in 2007.

What is unit 3302 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 3302, 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 →