1201, Murjan 1
Sold prices and rental history: sold 3 times, last in February 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 1201, Murjan 1
What is 1201 worth today?
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Source: Dubai Land Department. Updated 22 February 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,922 sqft
- Floor
- 12th of 47
- Parking
- G264-265
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,600 /yr
- Last sold
- AED 2.4M · February 2024
- Building
- Murjan 1
About 1201, Murjan 1
1201 is a three-bedroom apartment of 1,922 sqft on the 12th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 22 February 2024 for AED 2,400,000, or AED 1,248 per sqft, in line with the AED 1,238 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 2 February 2022, is AED 140,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 28,600 a year.
Sales and rents for 1201 over time
1201 has sold 3 times; 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 1201 sits
All 103 3-beds →1201 last sold in February 2024 at AED 1,248 per sqft, in line with what three-beds in Murjan 1 were fetching at the time (AED 1,238). Over the last 12 months three-beds sold for AED 900,000 to 3,050,000, around AED 1,328 per sqft, and rent for AED 100,000 to 250,000 a year. 1201's AED 140,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 1,922 sqft | 2,500,000 | 1,301 | ||
| 27 Aug 202627 August 2026 | 1,922 sqft | 2,605,000 | 1,355 | ||
| 29 Jul 202629 July 2026 | 1,922 sqft | 2,675,000 | 1,392 | ||
| 17 Jul 202617 July 2026 | 1,922 sqft | 2,500,000 | 1,301 |
Murjan 1
Building340 apartments, 1-bed to 4-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 28 sold in the last 12 months.
- Typical price per sqft
- AED 1,520 Up 0.7%
- Typical sale
- AED 2.35M
- Typical rent
- AED 118K /yr
- Typical yield
- 5.8%
Other units on the 12th floor
All 340 units in Murjan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 3-bed | 1,922 sqft | AED 1.6MAED 1,600,000 · Mar 2011March 2011 | 153,065 /yr | |
| 1203 | 1-bed | 1,106 sqft | AED 710KAED 710,000 · Jul 2008July 2008 | 95,090 /yr | |
| 1204 | 1-bed | 1,106 sqft | AED 449KAED 449,000 · Nov 2008November 2008 | 106,000 /yr | |
| 1205 | 1-bed | 1,106 sqft | AED 2.15MAED 2,150,000 · Jun 2014June 2014 | 130,000 /yr | |
| 1206 | 1-bed | 1,106 sqft | AED 2.02MAED 2,021,000 · Mar 2011March 2011 | 100,000 /yr | |
| 1207 | 3-bed | 1,922 sqft | AED 699KAED 699,000 · Apr 2009April 2009 | 170,000 /yr | |
| 1208 | 3-bed | 1,922 sqft | AED 1.53MAED 1,530,000 · Jul 2019July 2019 | 140,000 /yr |
1201, Murjan 1 in numbers
- Sold 3 times: first on 4 March 2013 for AED 699,000, last on 22 February 2024 for AED 2,400,000 (AED 1,248 per sqft).
- Rented since July 2013 on 8 Ejari contracts. The rent fell from AED 145,000 to AED 125,000 in 2020 and recovered to AED 140,000 by February 2022.
- At AED 140,000 a year the gross yield on the 2024 price is 5.8%, 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 1,520 per sqft.
Source: Dubai Land Department. Updated 22 February 2024.
Questions about 1201, Murjan 1
What did unit 1201 last sell for?
AED 2,400,000 on 22 February 2024: AED 1,248 per sqft for 1,922 sqft. The unit has 3 registered sales; the first was AED 699,000 in March 2013.
What is the rent for unit 1201?
AED 140,000 a year on the contract signed on 2 February 2022. The previous contract, from December 2020, was AED 125,000; the unit has been rented since July 2013.
How big is unit 1201?
1,922 sqft (178.6 sqm): a three-bedroom apartment on the 12th floor of a 47-storey tower completed in 2007.
What is unit 1201 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 1,328 per sqft.
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Mortgage on 1201, Murjan 1
Starts from the last sale price (AED 2.4M, 22 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →