3-bed · 2,653 sqftMurjan 4, Jumeirah Beach Residence · 7th floor · completed 2007

703, 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 703 · DLD and Ejari recordsUpdated 16 May 2025
Last soldAED 1.5M5 June 2011
Current rentAED 284K /yr16 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Murjan 4

What is 703 worth today?

Last sold for AED 1,500,000 in 2011

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16 May 2025RentedRenewal
AED 284,211/yr12 months · AED 107 per sqft
16 May 2024RentedNew contract
AED 300,000/yr12 months · AED 113 per sqft
19 Feb 2023RentedRenewal
AED 274,211/yr12 months · AED 103 per sqft
19 Feb 2022RentedNew contract
AED 280,333/yr12 months · AED 106 per sqft
30 Apr 2021RentedNew contract
AED 201,481/yr9 months · AED 76 per sqft
4 Jul 2019RentedRenewal
AED 231,579/yr12 months · AED 87 per sqft
27 Jun 2018RentedRenewal
AED 252,976/yr12 months · AED 95 per sqft
9 Mar 2017RentedRenewal
AED 344,211/yr12 months · AED 130 per sqft

Source: Dubai Land Department. Updated 16 May 2025.

Key facts

Type
3-bed apartment
Size
2,653 sqft
Floor
7th of 36
Parking
B452, 453
Developer
Dubai Properties
Completed
2007
Service charge
AED 51,800 /yr
Last sold
AED 1.5M · June 2011
Building
Murjan 4

About 703, Murjan 4

703 is a three-bedroom apartment of 2,653 sqft on the 7th 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 1,500,000, or AED 565 per sqft, 20% below the AED 704 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 16 May 2025, is AED 284,211 a year: a gross yield of 18.9% on the 2011 price, before the service charge of about AED 51,800 a year.

Sales and rents for 703 over time

Rents
Unit 703, each contractTypical three-bed in Murjan 4
200K300K2012201620202024Typical rent by year: 2012 AED 206,333; 2013 AED 244,444; 2014 AED 272,222; 2015 AED 257,310; 2016 AED 257,309; 2017 AED 244,444; 2018 AED 217,106; 2019 AED 205,263; 2020 AED 177,778; 2021 AED 187,603; 2022 AED 210,526; 2023 AED 224,709; 2024 AED 249,211; 2025 AED 232,456; 2026 AED 261,111New contract, March 2014: AED 311,111 a yearRenewal, March 2016: AED 349,474 a yearRenewal, March 2017: AED 344,211 a yearRenewal, June 2018: AED 252,976 a yearRenewal, July 2019: AED 231,579 a yearNew contract, April 2021: AED 201,481 a yearNew contract, February 2022: AED 280,333 a yearRenewal, February 2023: AED 274,211 a yearNew contract, May 2024: AED 300,000 a yearRenewal, May 2025: AED 284,211 a year

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

3-beds in Murjan 4, and where 703 sits

All 64 3-beds →

703 last sold in June 2011 at AED 565 per sqft, 20% below what three-beds in Murjan 4 were fetching at the time (AED 704). 703's AED 284,211 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Jun 20111,500,000
6 Jun 20111,500,000
6 Jun 20111,500,000
6 Jun 20111,500,000
0 3-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 7th floor

All 114 units in Murjan 4
Value
7013-bedAED 1.5M · Jun 2011
7023-bedAED 1.5M · Jun 2011
7043-bedAED 1.5M · Jun 2011

703, Murjan 4 in numbers

  • Sold once: by Dubai Properties on 5 June 2011 for AED 1,500,000, or AED 565 per sqft.
  • Rented since March 2014 on 10 Ejari contracts. The rent fell from AED 311,111 to AED 201,481 in 2021 and recovered to AED 284,211 by May 2025.
  • At AED 284,211 a year the gross yield on the 2011 price is 18.9%, before a service charge of about AED 51,800 a year (AED 19.53 per sqft).

Source: Dubai Land Department. Updated 16 May 2025.

Questions about 703, Murjan 4

What did unit 703 last sell for?

AED 1,500,000 on 5 June 2011, sold by the developer: AED 565 per sqft for 2,653 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 284,211 a year on the contract renewed on 16 May 2025. The previous contract, from May 2024, was AED 300,000; the unit has been rented since March 2014.

How big is unit 703?

2,653 sqft (246.5 sqm): a three-bedroom apartment on the 7th floor of a 36-storey tower completed in 2007.

What is unit 703 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 703, Murjan 4

Starts from the last sale price (AED 1.5M, 5 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →