308, Murjan 1
Sold prices and rental history: sold once, by the developer in April 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Murjan 1
What is 308 worth today?
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Source: Dubai Land Department. Updated 7 April 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,922 sqft
- Floor
- 3rd of 47
- Parking
- G193-195
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,600 /yr
- Last sold
- AED 699K · April 2013
- Building
- Murjan 1
About 308, Murjan 1
308 is a three-bedroom apartment of 1,922 sqft on the 3rd floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 4 April 2013 for AED 699,000, or AED 363 per sqft, 14% below the AED 420 three-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 7 April 2025, is AED 171,000 a year: a gross yield of 24.5% on the 2013 price, before the service charge of about AED 28,600 a year.
Sales and rents for 308 over time
308 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Murjan 1, and where 308 sits
All 96 3-beds →308 last sold in April 2013 at AED 363 per sqft, 14% below what three-beds in Murjan 1 were fetching at the time (AED 420). Over the last 12 months three-beds sold for AED 900,000 to 3,050,000, around AED 1,236 per sqft, and rent for AED 145,806 to 225,000 a year. 308's AED 171,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jan 202623 January 2026 | 1,922 sqft | 2,950,000 | 1,535 | ||
| 11 Jun 202511 June 2025 | 1,922 sqft | 2,950,000 | 1,535 | ||
| 21 May 202521 May 2025 | 1,922 sqft | 2,323,371 | 1,209 | ||
| 7 Apr 20257 April 2025 | 1,922 sqft | 2,900,000 | 1,509 |
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 | |
| 306 | 1-bed | 1,106 sqft | AED 1.51MAED 1,510,000 · Oct 2024October 2024 | 77,000 /yr | |
| 307 | 3-bed | 1,922 sqft | AED 2.63MAED 2,625,000 · May 2015May 2015 | 220,000 /yr |
308, Murjan 1 in numbers
- Sold once: by Dubai Properties on 4 April 2013 for AED 699,000, or AED 363 per sqft.
- Rented since April 2018 on 4 Ejari contracts. The rent fell from AED 160,000 to AED 139,612 in 2019 and recovered to AED 171,000 by April 2025.
- At AED 171,000 a year the gross yield on the 2013 price is 24.5%, before a service charge of about AED 28,600 a year (AED 14.89 per sqft).
- Three-beds in Murjan 1 sold for AED 900,000–3,050,000 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 7 April 2025.
Questions about 308, Murjan 1
What did unit 308 last sell for?
AED 699,000 on 4 April 2013, sold by the developer: AED 363 per sqft for 1,922 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 171,000 a year on the contract renewed on 7 April 2025. The previous contract, from April 2023, was AED 170,000; the unit has been rented since April 2018.
How big is unit 308?
1,922 sqft (178.6 sqm): a three-bedroom apartment on the 3rd floor of a 47-storey tower completed in 2007.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Murjan 1 sold for AED 900,000 to 3,050,000 in the last 12 months, around AED 1,236 per sqft.
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Mortgage on 308, Murjan 1
Starts from the last sale price (AED 699K, 4 April 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 699,000
- Deposit, UAE resident (20%)
- AED 139,800
- Deposit, non-resident (40%)
- AED 279,600
- Monthly over 25 years at 3.7%
- AED 2,860
Plus AED 34,368 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →