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

704, Murjan 4

Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 2 April 2025
Last soldAED 1.5M5 June 2011
Current rentAED 211K /yr2 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Murjan 4

What is 704 worth today?

Last sold for AED 1,500,000 in 2011

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2 Apr 2025RentedRenewal
AED 210,526/yr12 months · AED 79 per sqft
2 Apr 2024RentedRenewal
AED 199,446/yr12 months · AED 75 per sqft
2 Apr 2023RentedRenewal
AED 199,446/yr12 months · AED 75 per sqft
2 Apr 2022RentedRenewal
AED 189,474/yr12 months · AED 71 per sqft
2 Mar 2019RentedRenewal
AED 210,526/yr12 months · AED 79 per sqft
15 Nov 2015RentedRenewal
AED 263,158/yr12 months · AED 99 per sqft
15 Nov 2014RentedNew contract
AED 263,158/yr12 months · AED 99 per sqft
15 Nov 2013RentedNew contract
AED 250,000/yr12 months · AED 94 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 April 2025.

Key facts

Type
3-bed apartment
Size
2,653 sqft
Floor
7th of 36
Parking
B460, 461
Developer
Dubai Properties
Completed
2007
Service charge
AED 51,800 /yr
Last sold
AED 1.5M · June 2011
Building
Murjan 4

About 704, Murjan 4

704 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 2013 on 8 Ejari contracts. The current contract, renewed on 2 April 2025, is AED 210,526 a year: a gross yield of 14.0% on the 2011 price, before the service charge of about AED 51,800 a year.

Sales and rents for 704 over time

Rents
Unit 704, each contractTypical three-bed in Murjan 4
200K250K2012201620202024Typical 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, November 2013: AED 250,000 a yearNew contract, November 2014: AED 263,158 a yearRenewal, November 2015: AED 263,158 a yearRenewal, March 2019: AED 210,526 a yearRenewal, April 2022: AED 189,474 a yearRenewal, April 2023: AED 199,446 a yearRenewal, April 2024: AED 199,446 a yearRenewal, April 2025: AED 210,526 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 704 sits

All 64 3-beds →

704 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). 704's AED 210,526 is in the lower 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
7033-bedAED 1.5M · Jun 2011

704, 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 November 2013 on 8 Ejari contracts. The rent fell from AED 250,000 to AED 189,474 in 2022 and recovered to AED 210,526 by April 2025.
  • At AED 210,526 a year the gross yield on the 2011 price is 14.0%, before a service charge of about AED 51,800 a year (AED 19.53 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 2 April 2025.

Questions about 704, Murjan 4

What did unit 704 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 704?

AED 210,526 a year on the contract renewed on 2 April 2025. The previous contract, from April 2024, was AED 199,446; the unit has been rented since November 2013.

How big is unit 704?

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 704 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 704, 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 →