Home
Dubai prices
About
Research
3-bed · 1,922 sqftMurjan 1, Jumeirah Beach Residence · 12th floor · completed 2007

1208, Murjan 1

Sold prices and rental history: sold twice, last in July 2019, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 17 July 2019
Last soldAED 1.53M17 July 2019
Current rentAED 140K /yr8 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1208

Property timeline for 1208, Murjan 1

What is 1208 worth today?

Last sold for AED 1,530,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

17 Jul 2019SoldReady
AED 1,530,000AED 796 per sqft
8 Jul 2019RentedNew contract
AED 140,000/yr12 months · AED 73 per sqft
6 Apr 2018RentedRenewal
AED 149,678/yr15 months · AED 78 per sqft
6 Apr 2017RentedNew contract
AED 175,000/yr12 months · AED 91 per sqft
14 Dec 2008Sold by developerReady
AED 437,500AED 227 per sqft

Source: Dubai Land Department. Updated 17 July 2019.

Key facts

Type
3-bed apartment
Size
1,922 sqft
Floor
12th of 47
Parking
M081-082
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,600 /yr
Last sold
AED 1.53M · July 2019
Building
Murjan 1

About 1208, Murjan 1

1208 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 17 July 2019 for AED 1,530,000, or AED 796 per sqft.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 8 July 2019, is AED 140,000 a year: a gross yield of 9.2% on the 2019 price, before the service charge of about AED 28,600 a year.

Sales and rents for 1208 over time

Sales
Unit 1208, each saleTypical three-bed in Murjan 1
2M20072012201720222027Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 699,000; 2010 AED 1,345,000; 2011 AED 1,280,000; 2012 AED 1,525,000; 2013 AED 1,678,000; 2014 AED 1,799,500; 2015 AED 2,575,000; 2016 AED 2,300,000; 2017 AED 1,990,000; 2020 AED 1,270,000; 2021 AED 1,755,556; 2022 AED 2,100,000; 2023 AED 2,360,000; 2024 AED 2,750,000; 2025 AED 2,825,000; 2026 AED 2,605,000Sold by developer, December 2008: AED 437,500 (AED 227 per sqft)Sold, July 2019: AED 1,530,000 (AED 796 per sqft)

1208 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1208, each contractTypical three-bed in Murjan 1
100K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 140,000; 2014 AED 160,000; 2015 AED 169,544; 2016 AED 165,000; 2017 AED 160,000; 2018 AED 147,839; 2019 AED 130,000; 2020 AED 110,000; 2021 AED 107,500; 2022 AED 129,000; 2023 AED 140,000; 2024 AED 160,000; 2025 AED 171,000; 2026 AED 165,000New contract, April 2017: AED 175,000 a yearRenewal, April 2018: AED 149,678 a yearNew contract, July 2019: AED 140,000 a year

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 1208 sits

All 103 3-beds →

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. 1208's AED 140,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20262,500,000
27 Aug 20262,605,000
29 Jul 20262,675,000
17 Jul 20262,500,000
10 3-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. 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%
Murjan 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 12th floor

All 340 units in Murjan 1
Value
12013-bedAED 2.4M · Feb 2024
12023-bedAED 1.6M · Mar 2011
12031-bedAED 710K · Jul 2008
12041-bedAED 449K · Nov 2008
12051-bedAED 2.15M · Jun 2014
12061-bedAED 2.02M · Mar 2011
12073-bedAED 699K · Apr 2009

1208, Murjan 1 in numbers

  • Sold twice: first on 14 December 2008 for AED 437,500, last on 17 July 2019 for AED 1,530,000 (AED 796 per sqft).
  • Rented since April 2017 on 3 Ejari contracts, from AED 175,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2019 price is 9.2%, 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 17 July 2019.

Questions about 1208, Murjan 1

What did unit 1208 last sell for?

AED 1,530,000 on 17 July 2019: AED 796 per sqft for 1,922 sqft. The unit has 2 registered sales; the first was AED 437,500 in December 2008.

What is the rent for unit 1208?

AED 140,000 a year on the contract signed on 8 July 2019. The previous contract, from April 2018, was AED 149,678; the unit has been rented since April 2017.

How big is unit 1208?

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 1208 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.

Selling 1208? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1208, Murjan 1

Starts from the last sale price (AED 1.53M, 17 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,530,000
Deposit, UAE resident (20%)
AED 306,000
Deposit, non-resident (40%)
AED 612,000
Monthly over 25 years at 3.7%
AED 6,260

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →