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4-bed · 2,898 sqftMurjan 6, Jumeirah Beach Residence · 34th floor · completed 2007

3401, Murjan 6

Sold prices and rental history: sold once, by the developer in May 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3401 · DLD and Ejari recordsUpdated 10 June 2019
Last soldAED 475K11 May 2008
Current rentAED 170K /yr10 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3401, Murjan 6

What is 3401 worth today?

Last sold for AED 474,500 in 2008

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10 Jun 2019RentedRenewal
AED 170,000/yr12 months · AED 59 per sqft
10 May 2017RentedRenewal
AED 243,750/yr13 months · AED 84 per sqft
10 May 2016RentedRenewal
AED 225,000/yr12 months · AED 78 per sqft
10 May 2015RentedNew contract
AED 225,000/yr12 months · AED 78 per sqft
10 May 2014RentedNew contract
AED 210,000/yr12 months · AED 73 per sqft
10 May 2013RentedNew contract
AED 200,000/yr12 months · AED 69 per sqft
11 May 2008Sold by developerReady
AED 474,500AED 163 per sqft

Source: Dubai Land Department. Updated 10 June 2019.

Key facts

Type
4-bed apartment
Size
2,898 sqft
Floor
34th of 41
Parking
G165-166
Developer
Dubai Properties
Completed
2007
Service charge
AED 46,500 /yr
Last sold
AED 475K · May 2008
Building
Murjan 6

About 3401, Murjan 6

3401 is a four-bedroom apartment of 2,898 sqft on the 34th floor of Murjan 6, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 11 May 2008 for AED 474,500, or AED 163 per sqft, 50% below the AED 325 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 10 June 2019, is AED 170,000 a year: a gross yield of 35.8% on the 2008 price, before the service charge of about AED 46,500 a year.

Sales and rents for 3401 over time

Sales
Unit 3401, each saleTypical four-bed in Murjan 6
02M4M2007201220172022Typical sale price by year: 2007 AED 949,000; 2008 AED 949,000; 2009 AED 3,750,000; 2010 AED 949,000; 2011 AED 1,849,500; 2012 AED 1,304,000; 2018 AED 2,700,000; 2024 AED 4,760,000Sold by developer, May 2008: AED 474,500 (AED 163 per sqft)

3401 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3401, each contractTypical four-bed in Murjan 6
150K200K250K2012201620202024Typical rent by year: 2012 AED 187,500; 2013 AED 205,000; 2014 AED 220,000; 2015 AED 225,000; 2016 AED 220,000; 2017 AED 206,450; 2018 AED 190,000; 2019 AED 170,000; 2020 AED 160,000; 2021 AED 145,000; 2022 AED 169,050; 2023 AED 206,912; 2024 AED 229,875; 2025 AED 245,700New contract, May 2013: AED 200,000 a yearNew contract, May 2014: AED 210,000 a yearNew contract, May 2015: AED 225,000 a yearRenewal, May 2016: AED 225,000 a yearRenewal, May 2017: AED 243,750 a yearRenewal, June 2019: AED 170,000 a year

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

4-beds in Murjan 6, and where 3401 sits

All 32 4-beds →

3401 last sold in May 2008 at AED 163 per sqft, 50% below what four-beds in Murjan 6 were fetching at the time (AED 325).

Recent 4-bed salesUnit no.Price (AED)Summary
5 Sep 20244,760,000
30 Aug 20244,225,000
4 Jul 20245,225,000
5 Jun 202412,500,000
0 4-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 34th floor

All 119 units in Murjan 6
Value
34024-bedAED 3.35M · Jan 2011

3401, Murjan 6 in numbers

  • Sold once: by Dubai Properties on 11 May 2008 for AED 474,500, or AED 163 per sqft.
  • Rented since May 2013 on 6 Ejari contracts, from AED 200,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2008 price is 35.8%, before a service charge of about AED 46,500 a year (AED 16.04 per sqft).

Source: Dubai Land Department. Updated 10 June 2019.

Questions about 3401, Murjan 6

What did unit 3401 last sell for?

AED 474,500 on 11 May 2008, sold by the developer: AED 163 per sqft for 2,898 sqft. It is the only registered sale of the unit.

What is the rent for unit 3401?

AED 170,000 a year on the contract renewed on 10 June 2019. The previous contract, from May 2017, was AED 243,750; the unit has been rented since May 2013.

How big is unit 3401?

2,898 sqft (269.2 sqm): a four-bedroom apartment on the 34th floor of a 41-storey tower completed in 2007.

What is unit 3401 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 3401, Murjan 6

Starts from the last sale price (AED 475K, 11 May 2008). Switch to today's estimate once you have unlocked it.
Price
AED 474,500
Deposit, UAE resident (20%)
AED 94,900
Deposit, non-resident (40%)
AED 189,800
Monthly over 25 years at 3.7%
AED 1,941

Plus AED 22,839 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →