1-bed · 1,106 sqftMurjan 1, Jumeirah Beach Residence · 27th floor · completed 2007

2705, Murjan 1

Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2705 · DLD and Ejari recordsUpdated 23 July 2024
Last soldAED 680K24 November 2008
Current rentAED 100K /yr23 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2705, Murjan 1

What is 2705 worth today?

Last sold for AED 680,000 in 2008

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23 Jul 2024RentedNew contract
AED 100,000/yr12 months · AED 90 per sqft
17 Mar 2023RentedRenewal
AED 85,000/yr12 months · AED 77 per sqft
17 Mar 2022RentedRenewal
AED 73,150/yr12 months · AED 66 per sqft
25 Feb 2019RentedRenewal
AED 95,000/yr12 months · AED 86 per sqft
25 Feb 2018RentedNew contract
AED 95,000/yr12 months · AED 86 per sqft
15 Dec 2016RentedNew contract
AED 110,000/yr12 months · AED 99 per sqft
3 Oct 2015RentedRenewal
AED 120,000/yr12 months · AED 108 per sqft
3 Oct 2014RentedRenewal
AED 120,000/yr12 months · AED 108 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 July 2024.

Key facts

Type
1-bed apartment
Size
1,106 sqft
Floor
27th of 47
Parking
B140
Developer
Dubai Properties
Completed
2007
Service charge
AED 16,500 /yr
Last sold
AED 680K · November 2008
Building
Murjan 1

About 2705, Murjan 1

2705 is a one-bedroom apartment of 1,106 sqft on the 27th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 24 November 2008 for AED 680,000, or AED 615 per sqft, in line with the AED 629 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 23 July 2024, is AED 100,000 a year: a gross yield of 14.7% on the 2008 price, before the service charge of about AED 16,500 a year.

Sales and rents for 2705 over time

Sales
Unit 2705, 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 2008: AED 680,000 (AED 615 per sqft)

2705 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2705, each contractTypical one-bed in Murjan 1
75K100K125K2012201620202024Typical 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, October 2013: AED 95,000 a yearRenewal, October 2014: AED 120,000 a yearRenewal, October 2015: AED 120,000 a yearNew contract, December 2016: AED 110,000 a yearNew contract, February 2018: AED 95,000 a yearRenewal, February 2019: AED 95,000 a yearRenewal, March 2022: AED 73,150 a yearRenewal, March 2023: AED 85,000 a yearNew contract, July 2024: AED 100,000 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 2705 sits

All 101 1-beds →

2705 last sold in November 2008 at AED 615 per sqft, in line with what one-beds in Murjan 1 were fetching at the time (AED 629). 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. 2705's AED 100,000 is in the lower half 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 27th floor

All 340 units in Murjan 1
Value
27013-bedAED 3M · Feb 2025
27023-bedAED 3.6M · Jul 2024
27031-bedAED 1.75M · Aug 2024
27041-bedAED 1.63M · May 2016
27061-bedAED 449K · Jul 2008
27073-bedAED 2.95M · Jun 2025
27083-bedAED 2.9M · Nov 2024

2705, Murjan 1 in numbers

  • Sold once: by Dubai Properties on 24 November 2008 for AED 680,000, or AED 615 per sqft.
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 95,000 to AED 73,150 in 2022 and recovered to AED 100,000 by July 2024.
  • At AED 100,000 a year the gross yield on the 2008 price is 14.7%, 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 23 July 2024.

Questions about 2705, Murjan 1

What did unit 2705 last sell for?

AED 680,000 on 24 November 2008, sold by the developer: AED 615 per sqft for 1,106 sqft. It is the only registered sale of the unit.

What is the rent for unit 2705?

AED 100,000 a year on the contract signed on 23 July 2024. The previous contract, from March 2023, was AED 85,000; the unit has been rented since October 2013.

How big is unit 2705?

1,106 sqft (102.8 sqm): a one-bedroom apartment on the 27th floor of a 47-storey tower completed in 2007.

What is unit 2705 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 2705, Murjan 1

Starts from the last sale price (AED 680K, 24 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

Plus AED 33,570 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →