4003, Murjan 1
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4003, Murjan 1
What is 4003 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,393 sqft
- Floor
- 40th of 47
- Parking
- B054
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,700 /yr
- Last sold
- AED 599K · May 2009
- Building
- Murjan 1
About 4003, Murjan 1
4003 is a two-bedroom apartment of 1,393 sqft on the 40th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 12 May 2009 for AED 599,000, or AED 429 per sqft, 40% below the AED 717 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 1 August 2024, is AED 120,000 a year: a gross yield of 20.0% on the 2009 price, before the service charge of about AED 20,700 a year.
Sales and rents for 4003 over time
4003 has sold once; the dashed line is the two-bed median of each year in the building.
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 4003 sits
All 119 2-beds →4003 last sold in May 2009 at AED 429 per sqft, 40% below what two-beds in Murjan 1 were fetching at the time (AED 717). 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. 4003's AED 120,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 1,393 sqft | 2,300,000 | 1,650 | ||
| 12 Dec 202512 December 2025 | 1,317 sqft | 2,650,000 | 2,012 | ||
| 30 Apr 202530 April 2025 | 1,827 sqft | 4,075,000 | 2,230 | ||
| 22 Apr 202522 April 2025 | 1,317 sqft | 2,260,000 | 1,716 |
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 40th floor
All 340 units in Murjan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4001 | 2-bed | 1,317 sqft | AED 2.27MAED 2,265,000 · Jan 2014January 2014 | 80,000 /yr | |
| 4002 | 2-bed | 1,317 sqft | AED 1.53MAED 1,525,000 · Jun 2021June 2021 | 105,000 /yr | |
| 4004 | 2-bed | 1,393 sqft | AED 2.55MAED 2,550,000 · Aug 2024August 2024 | 150,000 /yr | |
| 4005 | 2-bed | 1,393 sqft | AED 2.65MAED 2,650,000 · Nov 2014November 2014 | 145,000 /yr | |
| 4006 | 2-bed | 1,393 sqft | AED 1.52MAED 1,520,947 · Oct 2023October 2023 | 50,000 /yr | |
| 4007 | 2-bed | 1,317 sqft | AED 2.45MAED 2,450,000 · Oct 2024October 2024 | 67,000 /yr | |
| 4008 | 2-bed | 1,317 sqft | AED 599KAED 599,000 · Sep 2014September 2014 | 102,148 /yr |
4003, Murjan 1 in numbers
- Sold once: by Dubai Properties on 12 May 2009 for AED 599,000, or AED 429 per sqft.
- Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 90,000 in 2020 and recovered to AED 120,000 by August 2024.
- At AED 120,000 a year the gross yield on the 2009 price is 20.0%, before a service charge of about AED 20,700 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: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.
Questions about 4003, Murjan 1
What did unit 4003 last sell for?
AED 599,000 on 12 May 2009, sold by the developer: AED 429 per sqft for 1,393 sqft. It is the only registered sale of the unit.
What is the rent for unit 4003?
AED 120,000 a year on the contract signed on 1 August 2024. The previous contract, from August 2023, was AED 117,000; the unit has been rented since May 2014.
How big is unit 4003?
1,393 sqft (129.4 sqm): a two-bedroom apartment on the 40th floor of a 47-storey tower completed in 2007.
What is unit 4003 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 4003, Murjan 1
Starts from the last sale price (AED 599K, 12 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 599,000
- Deposit, UAE resident (20%)
- AED 119,800
- Deposit, non-resident (40%)
- AED 239,600
- Monthly over 25 years at 3.7%
- AED 2,451
Plus AED 30,168 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →