1603, Murjan 1
Sold prices and rental history: sold twice, last in September 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Murjan 1
What is 1603 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 9 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,106 sqft
- Floor
- 16th of 47
- Parking
- B106
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 16,500 /yr
- Last sold
- AED 1.45M · September 2017
- Building
- Murjan 1
About 1603, Murjan 1
1603 is a one-bedroom apartment of 1,106 sqft on the 16th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 14 September 2017 for AED 1,445,000, or AED 1,307 per sqft, in line with the AED 1,307 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 9 July 2025, is AED 102,000 a year: a gross yield of 7.1% on the 2017 price, before the service charge of about AED 16,500 a year.
Sales and rents for 1603 over time
1603 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1603 sits
All 101 1-beds →1603 last sold in September 2017 at AED 1,307 per sqft, in line with what one-beds in Murjan 1 were fetching at the time (AED 1,307). 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. 1603's AED 102,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jan 202628 January 2026 | 1,106 sqft | 2,000,000 | 1,809 | ||
| 25 Jul 202525 July 2025 | 1,106 sqft | 1,770,000 | 1,600 | ||
| 15 May 202515 May 2025 | 1,106 sqft | 2,250,000 | 2,035 | ||
| 1 May 20251 May 2025 | 1,106 sqft | 1,450,000 | 1,311 |
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 16th floor
All 340 units in Murjan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,922 sqft | AED 1.8MAED 1,800,000 · Jul 2021July 2021 | 99,999 /yr | |
| 1602 | 3-bed | 1,922 sqft | AED 699KAED 699,000 · Apr 2008April 2008 | 176,000 /yr | |
| 1604 | 1-bed | 1,106 sqft | AED 1.8MAED 1,800,000 · Aug 2024August 2024 | 78,829 /yr | |
| 1605 | 1-bed | 1,106 sqft | AED 1.34MAED 1,335,000 · Oct 2017October 2017 | 100,000 /yr | |
| 1606 | 1-bed | 1,106 sqft | AED 1.33MAED 1,330,000 · Oct 2017October 2017 | 80,850 /yr | |
| 1607 | 3-bed | 1,922 sqft | AED 699KAED 699,000 · Apr 2014April 2014 | 143,000 /yr | |
| 1608 | 3-bed | 1,922 sqft | AED 758KAED 757,500 · Apr 2011April 2011 | 185,000 /yr |
1603, Murjan 1 in numbers
- Sold twice: first on 1 April 2013 for AED 449,000, last on 14 September 2017 for AED 1,445,000 (AED 1,307 per sqft).
- Rented since January 2014 on 9 Ejari contracts, from AED 76,760 to AED 102,000 a year.
- At AED 102,000 a year the gross yield on the 2017 price is 7.1%, 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 9 July 2025.
Questions about 1603, Murjan 1
What did unit 1603 last sell for?
AED 1,445,000 on 14 September 2017: AED 1,307 per sqft for 1,106 sqft. The unit has 2 registered sales; the first was AED 449,000 in April 2013.
What is the rent for unit 1603?
AED 102,000 a year on the contract signed on 9 July 2025. The previous contract, from July 2024, was AED 90,000; the unit has been rented since January 2014.
How big is unit 1603?
1,106 sqft (102.8 sqm): a one-bedroom apartment on the 16th floor of a 47-storey tower completed in 2007.
What is unit 1603 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 1603, Murjan 1
Starts from the last sale price (AED 1.45M, 14 September 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,445,000
- Deposit, UAE resident (20%)
- AED 289,000
- Deposit, non-resident (40%)
- AED 578,000
- Monthly over 25 years at 3.7%
- AED 5,912
Plus AED 65,700 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →