3-bed · 1,882 sqftMurjan 6, Jumeirah Beach Residence · 24th floor · completed 2007

2402, Murjan 6

Sold prices and rental history: sold 3 times, last in August 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2402 · DLD and Ejari recordsUpdated 7 November 2021
Last soldAED 1M16 August 2012
Current rentAED 140K /yr7 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, Murjan 6

What is 2402 worth today?

Last sold for AED 1,000,000 in 2012

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7 Nov 2021RentedNew contract
AED 140,000/yr12 months · AED 74 per sqft
1 Dec 2020RentedNew contract
AED 83,000/yr12 months · AED 44 per sqft
1 Jun 2019RentedRenewal
AED 130,000/yr12 months · AED 69 per sqft
1 Jun 2018RentedRenewal
AED 150,000/yr12 months · AED 80 per sqft
1 Jun 2016RentedNew contract
AED 160,000/yr12 months · AED 85 per sqft
16 Aug 2012SoldReady
AED 1,000,000AED 531 per sqft
3 Jan 2010SoldReady
AED 1,950,000AED 1,035 per sqft
2 Jan 2008Sold by developerReady
AED 699,000AED 371 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 November 2021.

Key facts

Type
3-bed apartment
Size
1,882 sqft
Floor
24th of 41
Parking
M191-192
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 1M · August 2012
Building
Murjan 6

About 2402, Murjan 6

2402 is a three-bedroom apartment of 1,882 sqft on the 24th floor of Murjan 6, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 16 August 2012 for AED 1,000,000, or AED 531 per sqft, in line with the AED 531 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 7 November 2021, is AED 140,000 a year: a gross yield of 14.0% on the 2012 price, before the service charge of about AED 30,200 a year.

Sales and rents for 2402 over time

Sales
Unit 2402, 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, January 2008: AED 699,000 (AED 371 per sqft)Sold, January 2010: AED 1,950,000 (AED 1,035 per sqft)Sold, August 2012: AED 1,000,000 (AED 531 per sqft)

2402 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2402, 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 2016: AED 160,000 a yearRenewal, June 2018: AED 150,000 a yearRenewal, June 2019: AED 130,000 a yearNew contract, December 2020: AED 83,000 a yearNew contract, November 2021: AED 140,000 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 2402 sits

All 51 3-beds →

2402 last sold in August 2012 at AED 531 per sqft, in line with what three-beds in Murjan 6 were fetching at the time (AED 531). 2402's AED 140,000 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 24th floor

All 119 units in Murjan 6
Value
24014-bedAED 3.3M · Aug 2023
24033-bedAED 3.3M · Mar 2014

2402, Murjan 6 in numbers

  • Sold 3 times: first on 2 January 2008 for AED 699,000, last on 16 August 2012 for AED 1,000,000 (AED 531 per sqft).
  • Rented since June 2016 on 5 Ejari contracts. The rent fell from AED 160,000 to AED 83,000 in 2020 and recovered to AED 140,000 by November 2021.
  • At AED 140,000 a year the gross yield on the 2012 price is 14.0%, 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 7 November 2021.

Questions about 2402, Murjan 6

What did unit 2402 last sell for?

AED 1,000,000 on 16 August 2012: AED 531 per sqft for 1,882 sqft. The unit has 3 registered sales; the first was AED 699,000 in January 2008.

What is the rent for unit 2402?

AED 140,000 a year on the contract signed on 7 November 2021. The previous contract, from December 2020, was AED 83,000; the unit has been rented since June 2016.

How big is unit 2402?

1,882 sqft (174.8 sqm): a three-bedroom apartment on the 24th floor of a 41-storey tower completed in 2007.

What is unit 2402 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 2402, Murjan 6

Starts from the last sale price (AED 1M, 16 August 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →