2301, Murjan 1
Sold prices and rental history: sold once, by the developer in September 2012, 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 2301, Murjan 1
What is 2301 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,922 sqft
- Floor
- 23rd of 47
- Parking
- G226-227
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,600 /yr
- Last sold
- AED 699K · September 2012
- Building
- Murjan 1
About 2301, Murjan 1
2301 is a three-bedroom apartment of 1,922 sqft on the 23rd floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 2 September 2012 for AED 699,000, or AED 363 per sqft, 52% below the AED 763 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 1 April 2024, is AED 160,000 a year: a gross yield of 22.9% on the 2012 price, before the service charge of about AED 28,600 a year.
Sales and rents for 2301 over time
2301 has sold once; the dashed line is the three-bed median of each year in the building.
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 2301 sits
All 96 3-beds →2301 last sold in September 2012 at AED 363 per sqft, 52% below what three-beds in Murjan 1 were fetching at the time (AED 763). 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. 2301's AED 160,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jan 202623 January 2026 | 1,922 sqft | 2,950,000 | 1,535 | ||
| 11 Jun 202511 June 2025 | 1,922 sqft | 2,950,000 | 1,535 | ||
| 21 May 202521 May 2025 | 1,922 sqft | 2,323,371 | 1,209 | ||
| 7 Apr 20257 April 2025 | 1,922 sqft | 2,900,000 | 1,509 |
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 23rd floor
All 340 units in Murjan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2302 | 3-bed | 1,922 sqft | AED 2.7MAED 2,700,000 · Jan 2025January 2025 | ||
| 2303 | 1-bed | 1,106 sqft | AED 1.65MAED 1,650,000 · Apr 2017April 2017 | 78,750 /yr | |
| 2304 | 1-bed | 1,106 sqft | AED 1.45MAED 1,450,000 · Dec 2015December 2015 | 110,000 /yr | |
| 2305 | 1-bed | 1,106 sqft | AED 1.4MAED 1,400,000 · Jan 2013January 2013 | 130,000 /yr | |
| 2306 | 1-bed | 1,106 sqft | AED 1.55MAED 1,550,000 · Mar 2014March 2014 | 95,000 /yr | |
| 2307 | 3-bed | 1,922 sqft | AED 699KAED 699,000 · Oct 2015October 2015 | ||
| 2308 | 3-bed | 1,922 sqft | AED 2.9MAED 2,900,000 · Jun 2014June 2014 | 170,000 /yr |
2301, Murjan 1 in numbers
- Sold once: by Dubai Properties on 2 September 2012 for AED 699,000, or AED 363 per sqft.
- Rented since December 2012 on 10 Ejari contracts. The rent fell from AED 152,000 to AED 90,000 in 2021 and recovered to AED 160,000 by April 2024.
- At AED 160,000 a year the gross yield on the 2012 price is 22.9%, 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: YallaValue analysis of Dubai Land Department records. Updated 1 April 2024.
Questions about 2301, Murjan 1
What did unit 2301 last sell for?
AED 699,000 on 2 September 2012, sold by the developer: AED 363 per sqft for 1,922 sqft. It is the only registered sale of the unit.
What is the rent for unit 2301?
AED 160,000 a year on the contract signed on 1 April 2024. The previous contract, from February 2023, was AED 136,500; the unit has been rented since December 2012.
How big is unit 2301?
1,922 sqft (178.6 sqm): a three-bedroom apartment on the 23rd floor of a 47-storey tower completed in 2007.
What is unit 2301 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 2301, Murjan 1
Starts from the last sale price (AED 699K, 2 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 699,000
- Deposit, UAE resident (20%)
- AED 139,800
- Deposit, non-resident (40%)
- AED 279,600
- Monthly over 25 years at 3.7%
- AED 2,860
Plus AED 34,368 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →