1,106 sqftMurjan 1, Jumeirah Beach Residence · 3rd floor · completed 2007

304, Murjan 1

Sold prices and rental history: sold 3 times, last in February 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 4 October 2023
Last soldAED 1.3M24 February 2014
Current rentAED 93K /yr4 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Murjan 1

What is 304 worth today?

Last sold for AED 1,300,000 in 2014

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4 Oct 2023RentedRenewal
AED 93,000/yr12 months · AED 84 per sqft
4 Oct 2022RentedRenewal
AED 80,000/yr12 months · AED 72 per sqft
4 Oct 2019RentedRenewal
AED 75,000/yr12 months · AED 68 per sqft
5 Sep 2017RentedNew contract
AED 100,000/yr12 months · AED 90 per sqft
5 Feb 2017RentedNew contract
AED 120,000/yr12 months · AED 108 per sqft
18 Oct 2016RentedNew contract
AED 110,000/yr12 months · AED 99 per sqft
24 Feb 2014SoldReady
AED 1,300,000AED 1,175 per sqft
15 Jan 2009SoldReady
AED 1,200,000AED 1,085 per sqft

Source: Dubai Land Department. Updated 4 October 2023.

Key facts

Type
Apartment
Size
1,106 sqft
Floor
3rd of 47
Parking
B124
Developer
Dubai Properties
Completed
2007
Service charge
AED 16,500 /yr
Last sold
AED 1.3M · February 2014
Building
Murjan 1

About 304, Murjan 1

304 is an apartment of 1,106 sqft on the 3rd floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 24 February 2014 for AED 1,300,000, or AED 1,175 per sqft.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 4 October 2023, is AED 93,000 a year: a gross yield of 7.1% on the 2014 price, before the service charge of about AED 16,500 a year.

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 3rd floor

All 340 units in Murjan 1
Value
301AED 2.8M · Aug 2025
3023-bedAED 2.32M · May 2025
3031-bedAED 1.4M · Jan 2016
3051-bedAED 1.5M · Mar 2024
3061-bedAED 1.51M · Oct 2024
3073-bedAED 2.63M · May 2015
3083-bedAED 699K · Apr 2013

304, Murjan 1 in numbers

  • Sold 3 times: first on 12 January 2009 for AED 645,000, last on 24 February 2014 for AED 1,300,000 (AED 1,175 per sqft).
  • Rented since October 2016 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 75,000 in 2019 and recovered to AED 93,000 by October 2023.
  • At AED 93,000 a year the gross yield on the 2014 price is 7.1%, before a service charge of about AED 16,500 a year (AED 14.89 per sqft).

Source: Dubai Land Department. Updated 4 October 2023.

Questions about 304, Murjan 1

What did unit 304 last sell for?

AED 1,300,000 on 24 February 2014: AED 1,175 per sqft for 1,106 sqft. The unit has 3 registered sales; the first was AED 645,000 in January 2009.

What is the rent for unit 304?

AED 93,000 a year on the contract renewed on 4 October 2023. The previous contract, from October 2022, was AED 80,000; the unit has been rented since October 2016.

How big is unit 304?

1,106 sqft (102.8 sqm): an apartment on the 3rd floor of a 47-storey tower completed in 2007.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 304, Murjan 1

Starts from the last sale price (AED 1.3M, 24 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →