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2-bed · 1,317 sqftMurjan 1, Jumeirah Beach Residence · 43rd floor · completed 2007

4307, Murjan 1

Sold prices and rental history: sold twice, last in June 2014, and rented once, from December 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4307 · DLD and Ejari recordsUpdated 1 December 2019
Last soldAED 2.95M12 June 2014
Current rentAED 140K /yr1 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4307, Murjan 1

What is 4307 worth today?

Last sold for AED 2,950,000 in 2014

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1 Dec 2019RentedRenewal
AED 140,000/yr24 months · AED 107 per sqft
12 Jun 2014SoldReady
AED 2,950,000AED 2,240 per sqft
30 Apr 2008Sold by developerReady
AED 299,500AED 227 per sqft

Source: Dubai Land Department. Updated 1 December 2019.

Key facts

Type
2-bed apartment
Size
1,317 sqft
Floor
43rd of 47
Parking
M029
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,600 /yr
Last sold
AED 2.95M · June 2014
Building
Murjan 1

About 4307, Murjan 1

4307 is a two-bedroom apartment of 1,317 sqft on the 43rd floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 12 June 2014 for AED 2,950,000, or AED 2,240 per sqft, 35% above the AED 1,663 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2019. The current contract, renewed on 1 December 2019, is AED 140,000 a year: a gross yield of 4.8% on the 2014 price, before the service charge of about AED 19,600 a year.

Sales and rents for 4307 over time

Sales
Unit 4307, each saleTypical two-bed in Murjan 1
02M2007201220172022Typical sale price by year: 2007 AED 599,000; 2008 AED 599,000; 2009 AED 1,106,700; 2010 AED 1,185,000; 2011 AED 1,400,000; 2012 AED 1,550,000; 2013 AED 1,700,000; 2014 AED 2,360,000; 2015 AED 1,200,000; 2016 AED 1,900,000; 2017 AED 1,947,500; 2018 AED 1,700,000; 2019 AED 1,725,000; 2020 AED 1,250,000; 2021 AED 1,411,111; 2022 AED 1,690,000; 2023 AED 2,120,000; 2024 AED 2,300,000; 2025 AED 2,455,000Sold by developer, April 2008: AED 299,500 (AED 227 per sqft)Sold, June 2014: AED 2,950,000 (AED 2,240 per sqft)

4307 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4307, each contractTypical two-bed in Murjan 1
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 114,692; 2014 AED 133,125; 2015 AED 137,500; 2016 AED 129,807; 2017 AED 125,000; 2018 AED 115,001; 2019 AED 100,000; 2020 AED 85,000; 2021 AED 82,000; 2022 AED 96,000; 2023 AED 114,500; 2024 AED 120,000; 2025 AED 130,000; 2026 AED 147,000Renewal, December 2019: AED 140,000 a year

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 4307 sits

All 119 2-beds →

4307 last sold in June 2014 at AED 2,240 per sqft, 35% above what two-beds in Murjan 1 were fetching at the time (AED 1,663). 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. 4307's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 20262,300,000
12 Dec 20252,650,000
30 Apr 20254,075,000
22 Apr 20252,260,000
3 2-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 43rd floor

All 340 units in Murjan 1
Value
43012-bedAED 2.15M · Jan 2023
43022-bedAED 2.19M · Nov 2013
43032-bedAED 2.9M · May 2013
43042-bedAED 2.9M · May 2013
43052-bedAED 2M · Nov 2024
43062-bedAED 2.25M · Dec 2015
43082-bedAED 2.3M · Aug 2024

4307, Murjan 1 in numbers

  • Sold twice: first on 30 April 2008 for AED 299,500, last on 12 June 2014 for AED 2,950,000 (AED 2,240 per sqft).
  • Rented since December 2019 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2014 price is 4.8%, before a service charge of about AED 19,600 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: Dubai Land Department. Updated 1 December 2019.

Questions about 4307, Murjan 1

What did unit 4307 last sell for?

AED 2,950,000 on 12 June 2014: AED 2,240 per sqft for 1,317 sqft. The unit has 2 registered sales; the first was AED 299,500 in April 2008.

What is the rent for unit 4307?

AED 140,000 a year on the contract renewed on 1 December 2019.

How big is unit 4307?

1,317 sqft (122.4 sqm): a two-bedroom apartment on the 43rd floor of a 47-storey tower completed in 2007.

What is unit 4307 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 4307, Murjan 1

Starts from the last sale price (AED 2.95M, 12 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

Plus AED 128,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →