1503, Murjan 1
Sold prices and rental history: sold 4 times, last in December 2023, 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 1503, Murjan 1
What is 1503 worth today?
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Source: Dubai Land Department. Updated 12 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,106 sqft
- Floor
- 15th of 47
- Parking
- B121
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 16,500 /yr
- Last sold
- AED 3.32M · December 2023
- Building
- Murjan 1
About 1503, Murjan 1
1503 is a one-bedroom apartment of 1,106 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 12 December 2023 for AED 3,324,660, or AED 3,007 per sqft, 125% above the AED 1,338 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 December 2020, is AED 75,000 a year: a gross yield of 2.3% on the 2023 price, before the service charge of about AED 16,500 a year.
Sales and rents for 1503 over time
1503 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 1503 sits
All 104 1-beds →1503 last sold in December 2023 at AED 3,007 per sqft, 125% above what one-beds in Murjan 1 were fetching at the time (AED 1,338). 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. 1503's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 1,106 sqft | 1,513,517 | 1,369 | ||
| 20 Feb 202620 February 2026 | 1,106 sqft | 1,924,887 | 1,741 | ||
| 28 Jan 202628 January 2026 | 1,106 sqft | 2,000,000 | 1,809 | ||
| 27 Nov 202527 November 2025 | 1,106 sqft | 1,750,000 | 1,582 |
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 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 | |
| 1502 | 3-bed | 1,922 sqft | AED 2.1MAED 2,100,000 · Mar 2023March 2023 | 100,000 /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 |
1503, Murjan 1 in numbers
- Sold 4 times: first on 7 August 2008 for AED 449,000, last on 12 December 2023 for AED 3,324,660 (AED 3,007 per sqft).
- Rented since July 2013 on 7 Ejari contracts, from AED 105,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2023 price is 2.3%, 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 12 December 2023.
Questions about 1503, Murjan 1
What did unit 1503 last sell for?
AED 3,324,660 on 12 December 2023: AED 3,007 per sqft for 1,106 sqft. The unit has 4 registered sales; the first was AED 449,000 in August 2008.
What is the rent for unit 1503?
AED 75,000 a year on the contract renewed on 1 December 2020. The previous contract, from December 2019, was AED 105,000; the unit has been rented since July 2013.
How big is unit 1503?
1,106 sqft (102.8 sqm): a one-bedroom apartment on the 15th floor of a 47-storey tower completed in 2007.
What is unit 1503 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 1503, Murjan 1
Starts from the last sale price (AED 3.32M, 12 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,324,660
- Deposit, UAE resident (20%)
- AED 664,932
- Deposit, non-resident (40%)
- AED 1,329,864
- Monthly over 25 years at 3.7%
- AED 13,602
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →