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3-bed · 1,882 sqftMurjan 6, Jumeirah Beach Residence · 16th floor · completed 2007

1602, Murjan 6

Sold prices and rental history: sold 3 times, last in June 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 11 July 2024
Last soldAED 1.55M13 June 2019
Current rentAED 150K /yr11 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Murjan 6

What is 1602 worth today?

Last sold for AED 1,550,000 in 2019

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11 Jul 2024RentedRenewal
AED 150,000/yr12 months · AED 80 per sqft
11 Jul 2023RentedRenewal
AED 136,500/yr12 months · AED 72 per sqft
11 Jul 2022RentedRenewal
AED 130,000/yr12 months · AED 69 per sqft
11 Jul 2021RentedRenewal
AED 115,000/yr12 months · AED 61 per sqft
11 Jul 2020RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
13 Jun 2019SoldReady
AED 1,550,000AED 823 per sqft
27 May 2019SoldReady
AED 1,600,000AED 850 per sqft
30 Jun 2018RentedRenewal
AED 150,000/yr12 months · AED 80 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 July 2024.

Key facts

Type
3-bed apartment
Size
1,882 sqft
Floor
16th of 41
Parking
G175-176
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 1.55M · June 2019
Building
Murjan 6

About 1602, Murjan 6

1602 is a three-bedroom apartment of 1,882 sqft on the 16th floor of Murjan 6, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 13 June 2019 for AED 1,550,000, or AED 823 per sqft, in line with the AED 837 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 11 July 2024, is AED 150,000 a year: a gross yield of 9.7% on the 2019 price, before the service charge of about AED 30,200 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical three-bed in Murjan 6
2M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 1,995,800; 2010 AED 1,550,000; 2011 AED 1,575,000; 2012 AED 975,000; 2013 AED 2,275,000; 2014 AED 3,050,000; 2015 AED 2,612,500; 2019 AED 1,550,000; 2023 AED 2,425,000; 2024 AED 2,525,000Sold by developer, June 2015: AED 699,000 (AED 371 per sqft)Sold, May 2019: AED 1,600,000 (AED 850 per sqft)Sold, June 2019: AED 1,550,000 (AED 823 per sqft)

1602 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1602, each contractTypical three-bed in Murjan 6
100K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 143,000; 2014 AED 155,000; 2015 AED 170,000; 2016 AED 165,000; 2017 AED 160,000; 2018 AED 150,000; 2019 AED 125,000; 2020 AED 100,000; 2021 AED 110,000; 2022 AED 127,812; 2023 AED 138,600; 2024 AED 165,000; 2025 AED 170,000New contract, June 2012: AED 130,000 a yearNew contract, June 2015: AED 164,450 a yearRenewal, June 2016: AED 164,450 a yearRenewal, June 2017: AED 164,450 a yearRenewal, June 2018: AED 150,000 a yearRenewal, July 2020: AED 110,000 a yearRenewal, July 2021: AED 115,000 a yearRenewal, July 2022: AED 130,000 a yearRenewal, July 2023: AED 136,500 a yearRenewal, July 2024: AED 150,000 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 6, and where 1602 sits

All 51 3-beds →

1602 last sold in June 2019 at AED 823 per sqft, in line with what three-beds in Murjan 6 were fetching at the time (AED 837). 1602's AED 150,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Mar 20252,620,000
26 Dec 20242,700,000
25 Nov 20242,455,000
8 Oct 20242,525,000
0 3-bed sales in the last 12 months

Murjan 6

Building

119 apartments, 2-bed to 4-bed over 41 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 2 sold in the last 12 months.

Typical price per sqft
AED 1,757
Typical sale
AED 3.29M
Typical rent
AED 170K /yr
Typical yield
5.3%
Murjan 6, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 16th floor

All 119 units in Murjan 6
Value
16014-bedAED 3.75M · Apr 2009
16033-bedAED 2.62M · Mar 2025

1602, Murjan 6 in numbers

  • Sold 3 times: first on 17 June 2015 for AED 699,000, last on 13 June 2019 for AED 1,550,000 (AED 823 per sqft).
  • Rented since June 2012 on 10 Ejari contracts. The rent fell from AED 130,000 to AED 110,000 in 2020 and recovered to AED 150,000 by July 2024.
  • At AED 150,000 a year the gross yield on the 2019 price is 9.7%, before a service charge of about AED 30,200 a year (AED 16.04 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 11 July 2024.

Questions about 1602, Murjan 6

What did unit 1602 last sell for?

AED 1,550,000 on 13 June 2019: AED 823 per sqft for 1,882 sqft. The unit has 3 registered sales; the first was AED 699,000 in June 2015.

What is the rent for unit 1602?

AED 150,000 a year on the contract renewed on 11 July 2024. The previous contract, from July 2023, was AED 136,500; the unit has been rented since June 2012.

How big is unit 1602?

1,882 sqft (174.8 sqm): a three-bedroom apartment on the 16th floor of a 41-storey tower completed in 2007.

What is unit 1602 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 1602, Murjan 6

Starts from the last sale price (AED 1.55M, 13 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

Plus AED 70,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →