
1502, Murjan 1
Sold prices and rental history: sold 4 times, last in March 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1502, Murjan 1
What is 1502 worth today?
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Source: Dubai Land Department. Updated 16 March 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,922 sqft
- Floor
- 15th of 47
- Parking
- B08-B09
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,600 /yr
- Last sold
- AED 2.1M · March 2023
- Building
- Murjan 1
About 1502, Murjan 1
1502 is a three-bedroom apartment of 1,922 sqft on the 15th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 16 March 2023 for AED 2,100,000, or AED 1,092 per sqft, in line with the AED 1,112 three-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 15 September 2020, is AED 100,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 28,600 a year.
Sales and rents for 1502 over time
1502 has sold 4 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 1502 sits
All 103 3-beds →1502 last sold in March 2023 at AED 1,092 per sqft, in line with what three-beds in Murjan 1 were fetching at the time (AED 1,112). 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. 1502's AED 100,000 is at the bottom 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 119K /yr
- Typical yield
- 5.8%
Other units on the 15th floor
All 340 units in Murjan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 1,922 sqft | AED 1.75MAED 1,749,000 · May 2012May 2012 | 170,000 /yr | |
| 1503 | 1-bed | 1,106 sqft | AED 3.32MAED 3,324,660 · Dec 2023December 2023 | 75,000 /yr | |
| 1504 | 1-bed | 1,106 sqft | AED 2MAED 2,000,000 · Dec 2024December 2024 | 120,000 /yr | |
| 1505 | 1-bed | 1,106 sqft | AED 1.31MAED 1,310,000 · Oct 2012October 2012 | 60,000 /yr | |
| 1506 | 1-bed | 1,106 sqft | AED 1.55MAED 1,550,000 · Apr 2024April 2024 | 77,000 /yr | |
| 1507 | 3-bed | 1,922 sqft | AED 699KAED 699,000 · Nov 2007November 2007 | 137,759 /yr | |
| 1508 | 3-bed | 1,922 sqft | AED 2.1MAED 2,100,000 · Apr 2022April 2022 | 250,000 /yr |
1502, Murjan 1 in numbers
- Sold 4 times: first on 5 December 2007 for AED 1,580,000, last on 16 March 2023 for AED 2,100,000 (AED 1,092 per sqft).
- Rented since April 2019 on 3 Ejari contracts, from AED 125,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2023 price is 4.8%, 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 16 March 2023.
Questions about 1502, Murjan 1
What did unit 1502 last sell for?
AED 2,100,000 on 16 March 2023: AED 1,092 per sqft for 1,922 sqft. The unit has 4 registered sales; the first was AED 1,580,000 in December 2007.
What is the rent for unit 1502?
AED 100,000 a year on the contract signed on 15 September 2020. The previous contract, from April 2020, was AED 125,000; the unit has been rented since April 2019.
How big is unit 1502?
1,922 sqft (178.6 sqm): a three-bedroom apartment on the 15th floor of a 47-storey tower completed in 2007.
What is unit 1502 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 1502, Murjan 1
Starts from the last sale price (AED 2.1M, 16 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →