2-bed · 1,827 sqftMurjan 1, Jumeirah Beach Residence · 28th floor · completed 2007

2802, Murjan 1

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2802 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 2.3M30 August 2024
Current rentAED 125K /yr9 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2802, Murjan 1

What is 2802 worth today?

Last sold for AED 2,300,000 in 2024

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30 Aug 2024SoldReady
AED 2,300,000AED 1,258 per sqft
9 Dec 2023RentedRenewal
AED 125,000/yr6 months · AED 68 per sqft
9 Dec 2022RentedNew contract
AED 125,000/yr12 months · AED 68 per sqft
20 Nov 2021RentedRenewal
AED 94,500/yr12 months · AED 52 per sqft
20 Nov 2020RentedNew contract
AED 90,000/yr12 months · AED 49 per sqft
14 Oct 2019RentedRenewal
AED 125,000/yr12 months · AED 68 per sqft
4 Mar 2017RentedNew contract
AED 150,000/yr12 months · AED 82 per sqft
13 Sep 2011SoldReady
AED 1,500,000AED 820 per sqft

Source: Dubai Land Department. Updated 30 August 2024.

Key facts

Type
2-bed apartment
Size
1,827 sqft
Floor
28th of 47
Parking
B021-022
Developer
Dubai Properties
Completed
2007
Service charge
AED 27,200 /yr
Last sold
AED 2.3M · August 2024
Building
Murjan 1

About 2802, Murjan 1

2802 is a two-bedroom apartment of 1,827 sqft on the 28th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 30 August 2024 for AED 2,300,000, or AED 1,258 per sqft, 20% below the AED 1,578 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 9 December 2023, is AED 125,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 27,200 a year.

Sales and rents for 2802 over time

Sales
Unit 2802, each saleTypical two-bed in Murjan 1
1M2M2007201220172022Typical sale price by year: 2007 AED 599,000; 2008 AED 599,000; 2009 AED 1,106,700; 2010 AED 1,185,000; 2011 AED 1,400,000; 2012 AED 1,550,000; 2013 AED 1,700,000; 2014 AED 2,360,000; 2015 AED 1,200,000; 2016 AED 1,900,000; 2017 AED 1,947,500; 2018 AED 1,700,000; 2019 AED 1,725,000; 2020 AED 1,250,000; 2021 AED 1,411,111; 2022 AED 1,690,000; 2023 AED 2,120,000; 2024 AED 2,300,000; 2025 AED 2,455,000Sold by developer, August 2011: AED 2,193,000 (AED 1,200 per sqft)Sold, September 2011: AED 1,500,000 (AED 820 per sqft)Sold, August 2024: AED 2,300,000 (AED 1,258 per sqft)

2802 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2802, each contractTypical two-bed in Murjan 1
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 114,692; 2014 AED 133,125; 2015 AED 137,500; 2016 AED 129,807; 2017 AED 125,000; 2018 AED 115,001; 2019 AED 100,000; 2020 AED 85,000; 2021 AED 82,000; 2022 AED 96,000; 2023 AED 114,500; 2024 AED 120,000; 2025 AED 130,000; 2026 AED 147,000New contract, March 2017: AED 150,000 a yearRenewal, October 2019: AED 125,000 a yearNew contract, November 2020: AED 90,000 a yearRenewal, November 2021: AED 94,500 a yearNew contract, December 2022: AED 125,000 a yearRenewal, December 2023: AED 125,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Murjan 1, and where 2802 sits

All 119 2-beds →

2802 last sold in August 2024 at AED 1,258 per sqft, 20% below what two-beds in Murjan 1 were fetching at the time (AED 1,578). Over the last 12 months two-beds sold for AED 2,000,000 to 2,650,000, around AED 1,650 per sqft, and rent for AED 110,800 to 190,000 a year. 2802's AED 125,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 20262,300,000
12 Dec 20252,650,000
30 Apr 20254,075,000
22 Apr 20252,260,000
3 2-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 28th floor

All 340 units in Murjan 1
Value
28012-bedAED 3.1M · Oct 2024
2803AED 1.6M · Oct 2025
28041-bedAED 1.15M · Dec 2010
28051-bedAED 2.22M · Jul 2014
28061-bedAED 1.28M · Apr 2008
28072-bedAED 2.68M · Apr 2008
28082-bedAED 4.08M · Apr 2025

2802, Murjan 1 in numbers

  • Sold 3 times: first on 14 August 2011 for AED 2,193,000, last on 30 August 2024 for AED 2,300,000 (AED 1,258 per sqft).
  • Rented since March 2017 on 6 Ejari contracts. The rent fell from AED 150,000 to AED 90,000 in 2020 and recovered to AED 125,000 by December 2023.
  • At AED 125,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 27,200 a year (AED 14.89 per sqft).
  • Two-beds in Murjan 1 sold for AED 2,000,000–2,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,582 per sqft.

Source: Dubai Land Department. Updated 30 August 2024.

Questions about 2802, Murjan 1

What did unit 2802 last sell for?

AED 2,300,000 on 30 August 2024: AED 1,258 per sqft for 1,827 sqft. The unit has 3 registered sales; the first was AED 2,193,000 in August 2011.

What is the rent for unit 2802?

AED 125,000 a year on the contract renewed on 9 December 2023. The previous contract, from December 2022, was AED 125,000; the unit has been rented since March 2017.

How big is unit 2802?

1,827 sqft (169.7 sqm): a two-bedroom apartment on the 28th floor of a 47-storey tower completed in 2007.

What is unit 2802 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Murjan 1 sold for AED 2,000,000 to 2,650,000 in the last 12 months, around AED 1,650 per sqft.

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Mortgage on 2802, Murjan 1

Starts from the last sale price (AED 2.3M, 30 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →