3-bed · 1,922 sqftMurjan 1, Jumeirah Beach Residence · 14th floor · completed 2007

1408, Murjan 1

Sold prices and rental history: sold 3 times, last in March 2012, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 5 April 2025
Last soldAED 1.8M19 March 2012
Current rentAED 165K /yr5 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Murjan 1

What is 1408 worth today?

Last sold for AED 1,800,000 in 2012

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5 Apr 2025RentedRenewal
AED 165,000/yr12 months · AED 86 per sqft
5 Apr 2022RentedNew contract
AED 135,000/yr12 months · AED 70 per sqft
19 Mar 2012SoldReady
AED 1,800,000AED 936 per sqft
15 Jul 2008SoldReady
AED 2,750,000AED 1,431 per sqft
10 Jul 2008Sold by developerReady
AED 349,500AED 181 per sqft

Source: Dubai Land Department. Updated 5 April 2025.

Key facts

Type
3-bed apartment
Size
1,922 sqft
Floor
14th of 47
Parking
M021-022
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,600 /yr
Last sold
AED 1.8M · March 2012
Building
Murjan 1

About 1408, Murjan 1

1408 is a three-bedroom apartment of 1,922 sqft on the 14th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 19 March 2012 for AED 1,800,000, or AED 936 per sqft, 32% above the AED 710 three-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 5 April 2025, is AED 165,000 a year: a gross yield of 9.2% on the 2012 price, before the service charge of about AED 28,600 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical three-bed in Murjan 1
02M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 699,000; 2010 AED 1,186,250; 2011 AED 1,280,000; 2012 AED 1,325,000; 2013 AED 1,678,000; 2014 AED 1,799,500; 2015 AED 2,575,000; 2016 AED 2,300,000; 2017 AED 1,990,000; 2020 AED 1,270,000; 2021 AED 1,800,000; 2022 AED 2,100,000; 2023 AED 2,360,000; 2024 AED 2,750,000; 2025 AED 2,900,000Sold, July 2008: AED 2,750,000 (AED 1,431 per sqft)Sold by developer, July 2008: AED 349,500 (AED 181 per sqft)Sold, March 2012: AED 1,800,000 (AED 936 per sqft)

1408 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1408, each contractTypical three-bed in Murjan 1
100K150K2012201620202024Typical rent by year: 2012 AED 129,000; 2013 AED 140,000; 2014 AED 160,000; 2015 AED 170,000; 2016 AED 163,500; 2017 AED 160,000; 2018 AED 145,000; 2019 AED 130,000; 2020 AED 110,000; 2021 AED 105,000; 2022 AED 130,000; 2023 AED 136,750; 2024 AED 159,500; 2025 AED 170,000; 2026 AED 185,000New contract, April 2022: AED 135,000 a yearRenewal, April 2025: AED 165,000 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 1, and where 1408 sits

All 96 3-beds →

1408 last sold in March 2012 at AED 936 per sqft, 32% above what three-beds in Murjan 1 were fetching at the time (AED 710). Over the last 12 months three-beds sold for AED 900,000 to 3,050,000, around AED 1,236 per sqft, and rent for AED 145,806 to 225,000 a year. 1408's AED 165,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Jan 20262,950,000
11 Jun 20252,950,000
21 May 20252,323,371
7 Apr 20252,900,000
4 3-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 14th floor

All 340 units in Murjan 1
Value
1401AED 900K · Dec 2025
14023-bedAED 699K · Apr 2008
14031-bedAED 2M · Oct 2008
14041-bedAED 449K · Apr 2008
14051-bedAED 2.02M · Mar 2011
14061-bedAED 1.4M · Mar 2018
1407AED 350K · Dec 2011

1408, Murjan 1 in numbers

  • Sold 3 times: first on 10 July 2008 for AED 349,500, last on 19 March 2012 for AED 1,800,000 (AED 936 per sqft).
  • Rented since April 2022 on 2 Ejari contracts, from AED 135,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2012 price is 9.2%, before a service charge of about AED 28,600 a year (AED 14.89 per sqft).
  • Three-beds in Murjan 1 sold for AED 900,000–3,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,582 per sqft.

Source: Dubai Land Department. Updated 5 April 2025.

Questions about 1408, Murjan 1

What did unit 1408 last sell for?

AED 1,800,000 on 19 March 2012: AED 936 per sqft for 1,922 sqft. The unit has 3 registered sales; the first was AED 349,500 in July 2008.

What is the rent for unit 1408?

AED 165,000 a year on the contract renewed on 5 April 2025. The previous contract, from April 2022, was AED 135,000.

How big is unit 1408?

1,922 sqft (178.6 sqm): a three-bedroom apartment on the 14th floor of a 47-storey tower completed in 2007.

What is unit 1408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Murjan 1 sold for AED 900,000 to 3,050,000 in the last 12 months, around AED 1,236 per sqft.

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Mortgage on 1408, Murjan 1

Starts from the last sale price (AED 1.8M, 19 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →