2405, Murjan 1
Sold prices and rental history: sold once, by the developer in February 2008, 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 2405, Murjan 1
What is 2405 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,106 sqft
- Floor
- 24th of 47
- Parking
- B077
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 16,500 /yr
- Last sold
- AED 449K · February 2008
- Building
- Murjan 1
About 2405, Murjan 1
2405 is a one-bedroom apartment of 1,106 sqft on the 24th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 10 February 2008 for AED 449,000, or AED 406 per sqft, 11% below the AED 456 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 5 April 2025, is AED 93,713 a year: a gross yield of 20.9% on the 2008 price, before the service charge of about AED 16,500 a year.
Sales and rents for 2405 over time
2405 has sold once; 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 2405 sits
All 101 1-beds →2405 last sold in February 2008 at AED 406 per sqft, 11% below what one-beds in Murjan 1 were fetching at the time (AED 456). 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. 2405's AED 93,713 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 24th floor
All 340 units in Murjan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 3-bed | 1,922 sqft | AED 2.75MAED 2,750,000 · Mar 2024March 2024 | 180,000 /yr | |
| 2402 | 3-bed | 1,922 sqft | AED 1.9MAED 1,900,000 · Jun 2009June 2009 | 260,000 /yr | |
| 2403 | 1-bed | 1,106 sqft | AED 1.38MAED 1,380,000 · Oct 2018October 2018 | 120,000 /yr | |
| 2404 | 1-bed | 1,106 sqft | AED 1.6MAED 1,600,000 · Aug 2018August 2018 | 118,000 /yr | |
| 2406 | 1-bed | 1,106 sqft | AED 778KAED 777,777 · Apr 2009April 2009 | 40,000 /yr | |
| 2407 | 3-bed | 1,922 sqft | AED 699KAED 699,000 · Dec 2010December 2010 | ||
| 2408 | 3-bed | 1,922 sqft | AED 699KAED 699,000 · Jan 2008January 2008 | 165,000 /yr |
2405, Murjan 1 in numbers
- Sold once: by Dubai Properties on 10 February 2008 for AED 449,000, or AED 406 per sqft.
- Rented since December 2014 on 11 Ejari contracts. The rent fell from AED 100,000 to AED 60,000 in 2021 and recovered to AED 93,713 by April 2025.
- At AED 93,713 a year the gross yield on the 2008 price is 20.9%, 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 5 April 2025.
Questions about 2405, Murjan 1
What did unit 2405 last sell for?
AED 449,000 on 10 February 2008, sold by the developer: AED 406 per sqft for 1,106 sqft. It is the only registered sale of the unit.
What is the rent for unit 2405?
AED 93,713 a year on the contract renewed on 5 April 2025. The previous contract, from April 2024, was AED 89,250; the unit has been rented since December 2014.
How big is unit 2405?
1,106 sqft (102.8 sqm): a one-bedroom apartment on the 24th floor of a 47-storey tower completed in 2007.
What is unit 2405 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 2405, Murjan 1
Starts from the last sale price (AED 449K, 10 February 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 449,000
- Deposit, UAE resident (20%)
- AED 89,800
- Deposit, non-resident (40%)
- AED 179,600
- Monthly over 25 years at 3.7%
- AED 1,837
Plus AED 21,768 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →