1202, Murjan 1
Sold prices and rental history: sold 3 times, last in March 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Murjan 1
What is 1202 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2024.
Key facts
- Type
- Apartment
- Size
- 961 sqft
- Floor
- 12th of 47
- Parking
- B04-B05
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 14,300 /yr
- Last sold
- AED 1.6M · March 2011
- Building
- Murjan 1
About 1202, Murjan 1
1202 is an apartment of 961 sqft on the 12th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 17 March 2011 for AED 1,600,000, or AED 832 per sqft.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 10 October 2024, is AED 190,000 a year: a gross yield of 11.9% on the 2011 price, before the service charge of about AED 14,300 a year.
Murjan 1
Building340 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%
Other units on the 12th floor
All 340 units in Murjan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 3-bed | 1,922 sqft | AED 2.4MAED 2,400,000 · Feb 2024February 2024 | 140,000 /yr | |
| 1203 | 1-bed | 369 sqft | AED 710KAED 710,000 · Jul 2008July 2008 | 95,090 /yr | |
| 1204 | 1-bed | 1,106 sqft | AED 449KAED 449,000 · Nov 2008November 2008 | 103,000 /yr | |
| 1205 | 1-bed | 1,106 sqft | AED 2.15MAED 2,150,000 · Jun 2014June 2014 | 75,000 /yr | |
| 1206 | 1-bed | 1,106 sqft | AED 2.02MAED 2,021,000 · Mar 2011March 2011 | 110,000 /yr | |
| 1207 | 3-bed | 1,922 sqft | AED 699KAED 699,000 · Apr 2009April 2009 | 170,000 /yr | |
| 1208 | 3-bed | 1,922 sqft | AED 1.53MAED 1,530,000 · Jul 2019July 2019 | 140,000 /yr |
1202, Murjan 1 in numbers
- Sold 3 times: first on 17 March 2010 for AED 699,000, last on 17 March 2011 for AED 1,600,000 (AED 832 per sqft).
- Rented since July 2012 on 11 Ejari contracts. The rent fell from AED 135,000 to AED 95,000 in 2020 and recovered to AED 190,000 by October 2024.
- At AED 190,000 a year the gross yield on the 2011 price is 11.9%, before a service charge of about AED 14,300 a year (AED 14.89 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2024.
Questions about 1202, Murjan 1
What did unit 1202 last sell for?
AED 1,600,000 on 17 March 2011: AED 832 per sqft for 961 sqft. The unit has 3 registered sales; the first was AED 699,000 in March 2010.
What is the rent for unit 1202?
AED 190,000 a year on the contract signed on 10 October 2024. The previous contract, from June 2024, was AED 163,395; the unit has been rented since July 2012.
How big is unit 1202?
961 sqft (89.3 sqm): an apartment on the 12th floor of a 47-storey tower completed in 2007.
What is unit 1202 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 1202, Murjan 1
Starts from the last sale price (AED 1.6M, 17 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus AED 72,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →