Murjan 3 — project image
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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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 125,135 / year
Cash-on-Cash
2.2%
Levered cashflow AED 29,435
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.33M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

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Payment Structure

Developer payment plan available

Published payment summary

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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

Murjan 3 location map
Project location

Nearby Destinations

Jumeirah Beach Residence

Developer and Project Facts

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

06

Official render/gallery images available

Available for Resale

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RERA Registered
Qualified Buyer Flow
Property Enquiries

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

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