1-bed · 1,106 sqftMurjan 1, Jumeirah Beach Residence · 14th floor · completed 2007

1405, Murjan 1

Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 24 October 2023
Last soldAED 2.02M10 March 2011
Current rentAED 100K /yr24 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Murjan 1

What is 1405 worth today?

Last sold for AED 2,021,000 in 2011

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24 Oct 2023RentedRenewal
AED 100,000/yr12 months · AED 90 per sqft
24 Oct 2022RentedRenewal
AED 100,000/yr12 months · AED 90 per sqft
24 Oct 2021RentedRenewal
AED 79,500/yr12 months · AED 72 per sqft
24 Oct 2020RentedRenewal
AED 79,500/yr12 months · AED 72 per sqft
24 Oct 2019RentedNew contract
AED 79,500/yr12 months · AED 72 per sqft
11 Oct 2018RentedRenewal
AED 100,000/yr12 months · AED 90 per sqft
12 Oct 2017RentedRenewal
AED 108,301/yr12 months · AED 98 per sqft
12 Oct 2016RentedNew contract
AED 105,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 24 October 2023.

Key facts

Type
1-bed apartment
Size
1,106 sqft
Floor
14th of 47
Parking
M155
Developer
Dubai Properties
Completed
2007
Service charge
AED 16,500 /yr
Last sold
AED 2.02M · March 2011
Building
Murjan 1

About 1405, Murjan 1

1405 is a one-bedroom apartment of 1,106 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 10 March 2011 for AED 2,021,000, or AED 1,828 per sqft, 86% above the AED 981 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 24 October 2023, is AED 100,000 a year: a gross yield of 5.0% on the 2011 price, before the service charge of about AED 16,500 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, each saleTypical one-bed in Murjan 1
1M2M20072012201720222027Typical sale price by year: 2007 AED 560,000; 2008 AED 680,000; 2009 AED 900,000; 2010 AED 800,000; 2011 AED 1,075,000; 2012 AED 1,064,000; 2013 AED 1,400,000; 2014 AED 1,550,000; 2015 AED 1,675,000; 2016 AED 1,475,000; 2017 AED 1,422,500; 2018 AED 1,390,000; 2020 AED 1,000,000; 2021 AED 1,145,000; 2022 AED 1,390,000; 2023 AED 1,480,000; 2024 AED 1,530,000; 2025 AED 1,675,000; 2026 AED 1,924,887Sold by developer, March 2011: AED 2,021,000 (AED 1,828 per sqft)

1405 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1405, each contractTypical one-bed in Murjan 1
60K80K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 85,000; 2014 AED 95,000; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 65,000; 2021 AED 68,000; 2022 AED 77,000; 2023 AED 85,000; 2024 AED 96,000; 2025 AED 100,000; 2026 AED 100,000New contract, October 2016: AED 105,000 a yearRenewal, October 2017: AED 108,301 a yearRenewal, October 2018: AED 100,000 a yearNew contract, October 2019: AED 79,500 a yearRenewal, October 2020: AED 79,500 a yearRenewal, October 2021: AED 79,500 a yearRenewal, October 2022: AED 100,000 a yearRenewal, October 2023: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Murjan 1, and where 1405 sits

All 104 1-beds →

1405 last sold in March 2011 at AED 1,828 per sqft, 86% above what one-beds in Murjan 1 were fetching at the time (AED 981). Over the last 12 months one-beds sold for AED 1,513,517 to 2,000,000, around AED 1,662 per sqft, and rent for AED 40,000 to 130,000 a year. 1405's AED 100,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Aug 20261,513,517
20 Feb 20261,924,887
28 Jan 20262,000,000
27 Nov 20251,750,000
4 1-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
14023-bedAED 699K · Apr 2008
14031-bedAED 2M · Oct 2008
14041-bedAED 449K · Apr 2008
14061-bedAED 1.4M · Mar 2018
14073-bedAED 350K · Dec 2011
14083-bedAED 1.8M · Mar 2012

1405, Murjan 1 in numbers

  • Sold once: by Dubai Properties on 10 March 2011 for AED 2,021,000, or AED 1,828 per sqft.
  • Rented since October 2016 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 79,500 in 2021 and recovered to AED 100,000 by October 2023.
  • At AED 100,000 a year the gross yield on the 2011 price is 5.0%, before a service charge of about AED 16,500 a year (AED 14.89 per sqft).
  • One-beds in Murjan 1 sold for AED 1,513,517–2,000,000 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 24 October 2023.

Questions about 1405, Murjan 1

What did unit 1405 last sell for?

AED 2,021,000 on 10 March 2011, sold by the developer: AED 1,828 per sqft for 1,106 sqft. It is the only registered sale of the unit.

What is the rent for unit 1405?

AED 100,000 a year on the contract renewed on 24 October 2023. The previous contract, from October 2022, was AED 100,000; the unit has been rented since October 2016.

How big is unit 1405?

1,106 sqft (102.8 sqm): a one-bedroom apartment on the 14th floor of a 47-storey tower completed in 2007.

What is unit 1405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Murjan 1 sold for AED 1,513,517 to 2,000,000 in the last 12 months, around AED 1,662 per sqft.

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Mortgage on 1405, Murjan 1

Starts from the last sale price (AED 2.02M, 10 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,021,000
Deposit, UAE resident (20%)
AED 404,200
Deposit, non-resident (40%)
AED 808,400
Monthly over 25 years at 3.7%
AED 8,269

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