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

305, Murjan 1

Sold prices and rental history: sold 5 times, last in March 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 21 March 2024
Last soldAED 1.5M21 March 2024
Current rentAED 91K /yr4 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Murjan 1

What is 305 worth today?

Last sold for AED 1,500,000 in 2024

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21 Mar 2024SoldReady
AED 1,500,000AED 1,356 per sqft
4 Dec 2022RentedRenewal
AED 91,000/yr12 months · AED 82 per sqft
4 Dec 2021RentedNew contract
AED 85,000/yr12 months · AED 77 per sqft
10 Dec 2019RentedNew contract
AED 75,000/yr12 months · AED 68 per sqft
6 Oct 2018RentedNew contract
AED 90,000/yr12 months · AED 81 per sqft
25 Sep 2016RentedNew contract
AED 120,000/yr12 months · AED 108 per sqft
23 Aug 2016SoldReady
AED 1,450,000AED 1,311 per sqft
27 Jan 2014SoldReady
AED 1,500,000AED 1,356 per sqft

Source: Dubai Land Department. Updated 21 March 2024.

Key facts

Type
1-bed apartment
Size
1,106 sqft
Floor
3rd of 47
Parking
B127
Developer
Dubai Properties
Completed
2007
Service charge
AED 16,500 /yr
Last sold
AED 1.5M · March 2024
Building
Murjan 1

About 305, Murjan 1

305 is a one-bedroom 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 21 March 2024 for AED 1,500,000, or AED 1,356 per sqft, in line with the AED 1,338 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 4 December 2022, is AED 91,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 16,500 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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, February 2011: AED 1,479,000 (AED 1,337 per sqft)Sold, February 2013: AED 1,440,000 (AED 1,302 per sqft)Sold, January 2014: AED 1,500,000 (AED 1,356 per sqft)Sold, August 2016: AED 1,450,000 (AED 1,311 per sqft)Sold, March 2024: AED 1,500,000 (AED 1,356 per sqft)

305 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 305, 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, September 2016: AED 120,000 a yearNew contract, October 2018: AED 90,000 a yearNew contract, December 2019: AED 75,000 a yearNew contract, December 2021: AED 85,000 a yearRenewal, December 2022: AED 91,000 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 305 sits

All 101 1-beds →

305 last sold in March 2024 at AED 1,356 per sqft, in line with what one-beds in Murjan 1 were fetching at the time (AED 1,338). 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. 305's AED 91,000 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 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
304AED 1.3M · Feb 2014
3061-bedAED 1.51M · Oct 2024
3073-bedAED 2.63M · May 2015
3083-bedAED 699K · Apr 2013

305, Murjan 1 in numbers

  • Sold 5 times: first on 13 February 2011 for AED 1,479,000, last on 21 March 2024 for AED 1,500,000 (AED 1,356 per sqft).
  • Rented since September 2016 on 5 Ejari contracts. The rent fell from AED 120,000 to AED 75,000 in 2019 and recovered to AED 91,000 by December 2022.
  • At AED 91,000 a year the gross yield on the 2024 price is 6.1%, 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: Dubai Land Department. Updated 21 March 2024.

Questions about 305, Murjan 1

What did unit 305 last sell for?

AED 1,500,000 on 21 March 2024: AED 1,356 per sqft for 1,106 sqft. The unit has 5 registered sales; the first was AED 1,479,000 in February 2011.

What is the rent for unit 305?

AED 91,000 a year on the contract renewed on 4 December 2022. The previous contract, from December 2021, was AED 85,000; the unit has been rented since September 2016.

How big is unit 305?

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

What is unit 305 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 305, Murjan 1

Starts from the last sale price (AED 1.5M, 21 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →