1-bed · 1,106 sqftMurjan 1, Jumeirah Beach Residence · 10th floor · completed 2007

1003, Murjan 1

Sold prices and rental history: sold 4 times, last in April 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 16 September 2024
Last soldAED 1.4M28 April 2021
Current rentAED 95K /yr16 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Murjan 1

What is 1003 worth today?

Last sold for AED 1,400,000 in 2021

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16 Sep 2024RentedNew contract
AED 95,000/yr12 months · AED 86 per sqft
20 May 2024RentedNew contract
AED 105,000/yr12 months · AED 95 per sqft
8 Jun 2023RentedRenewal
AED 83,000/yr12 months · AED 75 per sqft
8 Jun 2022RentedRenewal
AED 78,000/yr12 months · AED 70 per sqft
28 Apr 2021SoldReady
AED 1,400,000AED 1,266 per sqft
11 Mar 2021SoldReady
AED 1,050,000AED 949 per sqft
24 Dec 2008Sold by developerReady
AED 1,200,000AED 1,085 per sqft
24 Dec 2008SoldReady
AED 449,000AED 406 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 September 2024.

Key facts

Type
1-bed apartment
Size
1,106 sqft
Floor
10th of 47
Parking
B117
Developer
Dubai Properties
Completed
2007
Service charge
AED 16,500 /yr
Last sold
AED 1.4M · April 2021
Building
Murjan 1

About 1003, Murjan 1

1003 is a one-bedroom apartment of 1,106 sqft on the 10th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 28 April 2021 for AED 1,400,000, or AED 1,266 per sqft, 33% above the AED 949 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 16 September 2024, is AED 95,000 a year: a gross yield of 6.8% on the 2021 price, before the service charge of about AED 16,500 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical one-bed in Murjan 1
1M2007201220172022Typical sale price by year: 2007 AED 560,000; 2008 AED 680,000; 2009 AED 900,000; 2010 AED 800,000; 2011 AED 1,050,000; 2012 AED 1,064,000; 2013 AED 1,400,000; 2014 AED 1,550,000; 2015 AED 1,675,000; 2016 AED 1,475,000; 2017 AED 1,422,500; 2018 AED 1,390,000; 2020 AED 1,000,000; 2021 AED 1,145,000; 2022 AED 1,390,000; 2023 AED 1,480,000; 2024 AED 1,530,000; 2025 AED 1,635,000Sold by developer, December 2008: AED 1,200,000 (AED 1,085 per sqft)Sold, December 2008: AED 449,000 (AED 406 per sqft)Sold, March 2021: AED 1,050,000 (AED 949 per sqft)Sold, April 2021: AED 1,400,000 (AED 1,266 per sqft)

1003 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in Murjan 1
75K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 85,000; 2014 AED 100,000; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 65,000; 2021 AED 68,000; 2022 AED 77,000; 2023 AED 87,000; 2024 AED 95,000; 2025 AED 100,000; 2026 AED 112,500Renewal, June 2022: AED 78,000 a yearRenewal, June 2023: AED 83,000 a yearNew contract, May 2024: AED 105,000 a yearNew contract, September 2024: AED 95,000 a year

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

1-beds in Murjan 1, and where 1003 sits

All 101 1-beds →

1003 last sold in April 2021 at AED 1,266 per sqft, 33% above what one-beds in Murjan 1 were fetching at the time (AED 949). Over the last 12 months one-beds sold for AED 1,750,000 to 2,000,000, around AED 1,696 per sqft, and rent for AED 90,841 to 120,000 a year. 1003's AED 95,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Jan 20262,000,000
25 Jul 20251,770,000
15 May 20252,250,000
1 May 20251,450,000
2 1-bed sales in the last 12 months

Murjan 1

Building

340 apartments, 1-bed to 4-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 9 sold in the last 12 months.

Typical price per sqft
AED 1,582
Typical sale
AED 2M
Typical rent
AED 140K /yr
Typical yield
6.3%
Murjan 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 10th floor

All 340 units in Murjan 1
Value
10013-bedAED 350K · Mar 2008
10023-bedAED 2.65M · Oct 2024
10041-bedAED 1.65M · Apr 2017
10051-bedAED 1.1M · Jan 2024
10061-bedAED 2M · Jun 2014
10073-bedAED 2.6M · Nov 2015
10083-bedAED 699K · Nov 2007

1003, Murjan 1 in numbers

  • Sold 4 times: first on 24 December 2008 for AED 449,000, last on 28 April 2021 for AED 1,400,000 (AED 1,266 per sqft).
  • Rented since June 2022 on 4 Ejari contracts, from AED 78,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2021 price is 6.8%, before a service charge of about AED 16,500 a year (AED 14.89 per sqft).
  • One-beds in Murjan 1 sold for AED 1,750,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,582 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 16 September 2024.

Questions about 1003, Murjan 1

What did unit 1003 last sell for?

AED 1,400,000 on 28 April 2021: AED 1,266 per sqft for 1,106 sqft. The unit has 4 registered sales; the first was AED 449,000 in December 2008.

What is the rent for unit 1003?

AED 95,000 a year on the contract signed on 16 September 2024. The previous contract, from May 2024, was AED 105,000; the unit has been rented since June 2022.

How big is unit 1003?

1,106 sqft (102.8 sqm): a one-bedroom apartment on the 10th floor of a 47-storey tower completed in 2007.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Murjan 1 sold for AED 1,750,000 to 2,000,000 in the last 12 months, around AED 1,696 per sqft.

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Mortgage on 1003, Murjan 1

Starts from the last sale price (AED 1.4M, 28 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →