3-bed · 1,922 sqftMurjan 1, Jumeirah Beach Residence · 14th floor · completed 2007

1402, Murjan 1

Sold prices and rental history: sold once, by the developer in April 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 699K13 April 2008
Current rentAED 147K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Murjan 1

What is 1402 worth today?

Last sold for AED 699,000 in 2008

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1 Sep 2024RentedRenewal
AED 147,000/yr12 months · AED 76 per sqft
1 Sep 2023RentedRenewal
AED 140,000/yr12 months · AED 73 per sqft
1 Sep 2022RentedNew contract
AED 138,500/yr12 months · AED 72 per sqft
1 Aug 2021RentedRenewal
AED 96,000/yr12 months · AED 50 per sqft
1 Aug 2020RentedNew contract
AED 96,000/yr12 months · AED 50 per sqft
1 Oct 2019RentedRenewal
AED 121,000/yr12 months · AED 63 per sqft
1 Oct 2018RentedNew contract
AED 142,500/yr12 months · AED 74 per sqft
1 Oct 2017RentedRenewal
AED 160,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
3-bed apartment
Size
1,922 sqft
Floor
14th of 47
Parking
B06-B07
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,600 /yr
Last sold
AED 699K · April 2008
Building
Murjan 1

About 1402, Murjan 1

1402 is a three-bedroom apartment of 1,922 sqft on the 14th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 13 April 2008 for AED 699,000, or AED 363 per sqft, in line with the AED 363 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 147,000 a year: a gross yield of 21.0% on the 2008 price, before the service charge of about AED 28,600 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, each saleTypical three-bed in Murjan 1
1M2M3M20072012201720222027Typical 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, April 2008: AED 699,000 (AED 363 per sqft)

1402 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1402, 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, August 2014: AED 160,000 a yearRenewal, August 2015: AED 160,000 a yearNew contract, October 2016: AED 163,000 a yearRenewal, October 2017: AED 160,000 a yearNew contract, October 2018: AED 142,500 a yearRenewal, October 2019: AED 121,000 a yearNew contract, August 2020: AED 96,000 a yearRenewal, August 2021: AED 96,000 a yearNew contract, September 2022: AED 138,500 a yearRenewal, September 2023: AED 140,000 a yearRenewal, September 2024: AED 147,000 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 1402 sits

All 103 3-beds →

1402 last sold in April 2008 at AED 363 per sqft, in line with what three-beds in Murjan 1 were fetching at the time (AED 363). 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. 1402's AED 147,000 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 14th floor

All 340 units in Murjan 1
Value
14013-bedAED 900K · Dec 2025
14031-bedAED 2M · Oct 2008
14041-bedAED 449K · Apr 2008
14051-bedAED 2.02M · Mar 2011
14061-bedAED 1.4M · Mar 2018
14073-bedAED 350K · Dec 2011
14083-bedAED 1.8M · Mar 2012

1402, Murjan 1 in numbers

  • Sold once: by Dubai Properties on 13 April 2008 for AED 699,000, or AED 363 per sqft.
  • Rented since August 2014 on 11 Ejari contracts. The rent fell from AED 160,000 to AED 96,000 in 2021 and recovered to AED 147,000 by September 2024.
  • At AED 147,000 a year the gross yield on the 2008 price is 21.0%, 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 1 September 2024.

Questions about 1402, Murjan 1

What did unit 1402 last sell for?

AED 699,000 on 13 April 2008, sold by the developer: AED 363 per sqft for 1,922 sqft. It is the only registered sale of the unit.

What is the rent for unit 1402?

AED 147,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 140,000; the unit has been rented since August 2014.

How big is unit 1402?

1,922 sqft (178.6 sqm): a three-bedroom apartment on the 14th floor of a 47-storey tower completed in 2007.

What is unit 1402 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 1402, Murjan 1

Starts from the last sale price (AED 699K, 13 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

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