4308, Murjan 1
Sold prices and rental history: sold 3 times, last in August 2024, 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 4308, Murjan 1
What is 4308 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,317 sqft
- Floor
- 43rd of 47
- Parking
- G186
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 19,600 /yr
- Last sold
- AED 2.3M · August 2024
- Building
- Murjan 1
About 4308, Murjan 1
4308 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 15 August 2024 for AED 2,300,000, or AED 1,746 per sqft, 9% above the AED 1,607 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 12 May 2024, is AED 170,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 19,600 a year.
Sales and rents for 4308 over time
4308 has sold 3 times; 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 4308 sits
All 119 2-beds →4308 last sold in August 2024 at AED 1,746 per sqft, 9% above what two-beds in Murjan 1 were fetching at the time (AED 1,607). 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. 4308's AED 170,000 is in the upper 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 43rd floor
All 340 units in Murjan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4301 | 2-bed | 1,317 sqft | AED 2.15MAED 2,150,000 · Jan 2023January 2023 | 250,000 /yr | |
| 4302 | 2-bed | 1,317 sqft | AED 2.19MAED 2,190,000 · Nov 2013November 2013 | 112,000 /yr | |
| 4303 | 2-bed | 1,393 sqft | AED 2.9MAED 2,900,000 · May 2013May 2013 | 170,000 /yr | |
| 4304 | 2-bed | 1,393 sqft | AED 2.9MAED 2,900,000 · May 2013May 2013 | 165,375 /yr | |
| 4305 | 2-bed | 1,393 sqft | AED 2MAED 2,000,000 · Nov 2024November 2024 | 140,000 /yr | |
| 4306 | 2-bed | 1,393 sqft | AED 2.25MAED 2,250,000 · Dec 2015December 2015 | 135,000 /yr | |
| 4307 | 2-bed | 1,317 sqft | AED 2.95MAED 2,950,000 · Jun 2014June 2014 | 140,000 /yr |
4308, Murjan 1 in numbers
- Sold 3 times: first on 30 April 2008 for AED 299,500, last on 15 August 2024 for AED 2,300,000 (AED 1,746 per sqft).
- Rented since September 2014 on 5 Ejari contracts, from AED 130,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2024 price is 7.4%, 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: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.
Questions about 4308, Murjan 1
What did unit 4308 last sell for?
AED 2,300,000 on 15 August 2024: AED 1,746 per sqft for 1,317 sqft. The unit has 3 registered sales; the first was AED 299,500 in April 2008.
What is the rent for unit 4308?
AED 170,000 a year on the contract signed on 12 May 2024. The previous contract, from March 2021, was AED 140,000; the unit has been rented since September 2014.
How big is unit 4308?
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 4308 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 4308, Murjan 1
Starts from the last sale price (AED 2.3M, 15 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →