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3-bed · 1,882 sqftMurjan 6, Jumeirah Beach Residence · 7th floor · completed 2007

703, Murjan 6

Sold prices and rental history: sold 3 times, last in August 2014, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 9 February 2024
Last soldAED 3.08M24 August 2014
Current rentAED 180K /yr9 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Murjan 6

What is 703 worth today?

Last sold for AED 3,075,000 in 2014

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9 Feb 2024RentedNew contract
AED 180,000/yr12 months · AED 96 per sqft
23 Jun 2023RentedNew contract
AED 155,166/yr6 months · AED 82 per sqft
4 Jan 2022RentedNew contract
AED 140,000/yr12 months · AED 74 per sqft
24 Aug 2014SoldReady
AED 3,075,000AED 1,633 per sqft
30 Sep 2007SoldReady
AED 2,000,000AED 1,062 per sqft
25 Sep 2007Sold by developerReady
AED 699,000AED 371 per sqft

Source: Dubai Land Department. Updated 9 February 2024.

Key facts

Type
3-bed apartment
Size
1,882 sqft
Floor
7th of 41
Parking
B314-315
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 3.08M · August 2014
Building
Murjan 6

About 703, Murjan 6

703 is a three-bedroom apartment of 1,882 sqft on the 7th floor of Murjan 6, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 24 August 2014 for AED 3,075,000, or AED 1,633 per sqft, in line with the AED 1,593 three-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 9 February 2024, is AED 180,000 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 30,200 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, September 2007: AED 2,000,000 (AED 1,062 per sqft)Sold by developer, September 2007: AED 699,000 (AED 371 per sqft)Sold, August 2014: AED 3,075,000 (AED 1,633 per sqft)

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

Rents
Unit 703, 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, January 2022: AED 140,000 a yearNew contract, June 2023: AED 155,166 a yearNew contract, February 2024: AED 180,000 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 703 sits

All 51 3-beds →

703 last sold in August 2014 at AED 1,633 per sqft, in line with what three-beds in Murjan 6 were fetching at the time (AED 1,593). 703's AED 180,000 is in the upper half 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 7th floor

All 119 units in Murjan 6
Value
7012-bedAED 1.4M · Oct 2007
7022-bedAED 550K · Apr 2008
7043-bedAED 699K · Aug 2008

703, Murjan 6 in numbers

  • Sold 3 times: first on 25 September 2007 for AED 699,000, last on 24 August 2014 for AED 3,075,000 (AED 1,633 per sqft).
  • Rented since January 2022 on 3 Ejari contracts, from AED 140,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2014 price is 5.9%, before a service charge of about AED 30,200 a year (AED 16.04 per sqft).

Source: Dubai Land Department. Updated 9 February 2024.

Questions about 703, Murjan 6

What did unit 703 last sell for?

AED 3,075,000 on 24 August 2014: AED 1,633 per sqft for 1,882 sqft. The unit has 3 registered sales; the first was AED 699,000 in September 2007.

What is the rent for unit 703?

AED 180,000 a year on the contract signed on 9 February 2024. The previous contract, from June 2023, was AED 155,166; the unit has been rented since January 2022.

How big is unit 703?

1,882 sqft (174.8 sqm): a three-bedroom apartment on the 7th floor of a 41-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 6

Starts from the last sale price (AED 3.08M, 24 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,075,000
Deposit, UAE resident (20%)
AED 615,000
Deposit, non-resident (40%)
AED 1,230,000
Monthly over 25 years at 3.7%
AED 12,581

Plus AED 134,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →