1-bed · 1,106 sqftMurjan 1, Jumeirah Beach Residence · 21st floor · completed 2007

2104, Murjan 1

Sold prices and rental history: sold twice, last in May 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2104 · DLD and Ejari recordsUpdated 7 December 2020
Last soldAED 1.6M15 May 2017
Current rentAED 60K /yr7 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2104, Murjan 1

What is 2104 worth today?

Last sold for AED 1,600,000 in 2017

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7 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 54 per sqft
25 Oct 2019RentedNew contract
AED 70,000/yr12 months · AED 63 per sqft
25 Aug 2018RentedRenewal
AED 95,000/yr12 months · AED 86 per sqft
25 Aug 2017RentedNew contract
AED 100,000/yr12 months · AED 90 per sqft
15 May 2017SoldReady
AED 1,600,000AED 1,447 per sqft
6 Nov 2007Sold by developerReady
AED 449,000AED 406 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 December 2020.

Key facts

Type
1-bed apartment
Size
1,106 sqft
Floor
21st of 47
Parking
B086
Developer
Dubai Properties
Completed
2007
Service charge
AED 16,500 /yr
Last sold
AED 1.6M · May 2017
Building
Murjan 1

About 2104, Murjan 1

2104 is a one-bedroom apartment of 1,106 sqft on the 21st floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 15 May 2017 for AED 1,600,000, or AED 1,447 per sqft, 8% above the AED 1,334 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 7 December 2020, is AED 60,000 a year: a gross yield of 3.8% on the 2017 price, before the service charge of about AED 16,500 a year.

Sales and rents for 2104 over time

Sales
Unit 2104, 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, November 2007: AED 449,000 (AED 406 per sqft)Sold, May 2017: AED 1,600,000 (AED 1,447 per sqft)

2104 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2104, 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 112,500New contract, August 2017: AED 100,000 a yearRenewal, August 2018: AED 95,000 a yearNew contract, October 2019: AED 70,000 a yearNew contract, December 2020: AED 60,000 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 2104 sits

All 101 1-beds →

2104 last sold in May 2017 at AED 1,447 per sqft, 8% above what one-beds in Murjan 1 were fetching at the time (AED 1,334). 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. 2104's AED 60,000 is at the bottom 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 21st floor

All 340 units in Murjan 1
Value
21013-bedAED 699K · Apr 2008
21023-bedAED 2.7M · Jul 2008
21031-bedAED 449K · Apr 2008
21051-bedAED 1.6M · Mar 2014
21061-bedAED 1.55M · Mar 2014
21073-bedAED 699K · Oct 2009
21083-bedAED 2.2M · Jun 2010

2104, Murjan 1 in numbers

  • Sold twice: first on 6 November 2007 for AED 449,000, last on 15 May 2017 for AED 1,600,000 (AED 1,447 per sqft).
  • Rented since August 2017 on 4 Ejari contracts, from AED 100,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2017 price is 3.8%, 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 7 December 2020.

Questions about 2104, Murjan 1

What did unit 2104 last sell for?

AED 1,600,000 on 15 May 2017: AED 1,447 per sqft for 1,106 sqft. The unit has 2 registered sales; the first was AED 449,000 in November 2007.

What is the rent for unit 2104?

AED 60,000 a year on the contract signed on 7 December 2020. The previous contract, from October 2019, was AED 70,000; the unit has been rented since August 2017.

How big is unit 2104?

1,106 sqft (102.8 sqm): a one-bedroom apartment on the 21st floor of a 47-storey tower completed in 2007.

What is unit 2104 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 2104, Murjan 1

Starts from the last sale price (AED 1.6M, 15 May 2017). 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 →