306, Murjan 1
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Murjan 1
What is 306 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,106 sqft
- Floor
- 3rd of 47
- Parking
- B125
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 16,500 /yr
- Last sold
- AED 1.51M · October 2024
- Building
- Murjan 1
About 306, Murjan 1
306 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 1 October 2024 for AED 1,510,000, or AED 1,365 per sqft, in line with the AED 1,365 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 77,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 16,500 a year.
Sales and rents for 306 over time
306 has sold twice; 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 306 sits
All 101 1-beds →306 last sold in October 2024 at AED 1,365 per sqft, in line with what one-beds in Murjan 1 were fetching at the time (AED 1,365). 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. 306's AED 77,000 is at the bottom 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 3rd floor
All 340 units in Murjan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1,922 sqft | AED 2.8MAED 2,800,000 · Aug 2025August 2025 | 110,000 /yr | ||
| 302 | 3-bed | 1,922 sqft | AED 2.32MAED 2,323,371 · May 2025May 2025 | 100,000 /yr | |
| 303 | 1-bed | 1,106 sqft | AED 1.4MAED 1,400,000 · Jan 2016January 2016 | 69,000 /yr | |
| 304 | 1,106 sqft | AED 1.3MAED 1,300,000 · Feb 2014February 2014 | 93,000 /yr | ||
| 305 | 1-bed | 1,106 sqft | AED 1.5MAED 1,500,000 · Mar 2024March 2024 | 91,000 /yr | |
| 307 | 3-bed | 1,922 sqft | AED 2.63MAED 2,625,000 · May 2015May 2015 | 220,000 /yr | |
| 308 | 3-bed | 1,922 sqft | AED 699KAED 699,000 · Apr 2013April 2013 | 171,000 /yr |
306, Murjan 1 in numbers
- Sold twice: first on 23 March 2008 for AED 577,500, last on 1 October 2024 for AED 1,510,000 (AED 1,365 per sqft).
- Rented since October 2013 on 9 Ejari contracts, from AED 73,500 to AED 77,000 a year.
- At AED 77,000 a year the gross yield on the 2024 price is 5.1%, 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 1 October 2024.
Questions about 306, Murjan 1
What did unit 306 last sell for?
AED 1,510,000 on 1 October 2024: AED 1,365 per sqft for 1,106 sqft. The unit has 2 registered sales; the first was AED 577,500 in March 2008.
What is the rent for unit 306?
AED 77,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 70,000; the unit has been rented since October 2013.
How big is unit 306?
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 306 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 306, Murjan 1
Starts from the last sale price (AED 1.51M, 1 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,510,000
- Deposit, UAE resident (20%)
- AED 302,000
- Deposit, non-resident (40%)
- AED 604,000
- Monthly over 25 years at 3.7%
- AED 6,178
Plus AED 68,430 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →