Murjan 3
✓ Resale Available

Murjan 3

From AED 2.90M·Completed Jan 2012·Developer payment plan available Payment
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AED 2.90M
Starting Price
Jan 2012
Handover
Developer payment plan available
Payment Plan
2 BR · Apartments
Type

Project Overview

Murjan 3 is a modern residential complex in the prestigious Jumeirah Beach Residence area. The project includes a multi-storey building with thoughtful architecture that creates a harmonious combination of modern style and comfort of urban life. The architectural solution of the complex is distinguished by an elegant facade using premium finishing materials. The graceful lines of the building and panoramic glazing create an effect of lightness and airiness, offering magnificent views of the Persian Gulf and the urban landscape. The complex offers apartments with 1-3 bedrooms of various layouts, including spacious studios. Each room is designed with maximum natural light and comfort in mind. Residents of the complex can enjoy a wide range of amenities, including a swimming pool, fitness center, playgrounds, and recreation areas. There is a 24-hour security and video surveillance service on site. The location of the complex provides excellent transport accessibility to key locations in the city. Dubai Marina is a 10—minute drive away, and Palm Jumeirah is a 15-minute drive away. Dubai Mall is a 20—minute drive away, Burj Khalifa is a 25—minute drive away, and Dubai International Airport is a 30-minute drive away. There are numerous restaurants, shopping malls and entertainment complexes in the immediate vicinity, which makes life in Murjan 3 as comfortable and intense as possible.

Project Specifications
DeveloperDubai Properties
LocationJumeirah Beach Residence
Unit Types2 BR, Apartments
AreaJumeirah Beach Residence
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 125,135 / year
Cash-on-Cash
1.8%
Levered cashflow AED 29,435
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 188,500 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Murjan 3 launch basis3,222AED 2.90MCurrent launch / asking basis
Jumeirah Beach Residence ready-stock comps1,500AED 1.35MIndicative resale benchmark
Jumeirah Beach Residence premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Murjan 3 official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Dubai Properties.

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Payment Structure

Developer payment plan available

Flexible Payment

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Amenities & Lifestyle

Central A/C
Dog walking area
Landscaped garden
Lift
Lobby
Meeting Room
Open Kids Play Area
Pets Allowed
Pool Deck
Security and CCTV
Shared Pool
Shared gym & fitness
Sitting Area
Social zone
Walking paths

Location

Jumeirah Beach Residence

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Jumeirah Beach ResidenceJumeirah Beach ResidenceDubai, UAE

Developer Track Record

01

Murjan 3 by Dubai Properties

02

Located in Jumeirah Beach Residence

03

Starting from AED 2,900,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Jan 2012

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Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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