3-bed · 1,922 sqftMurjan 1, Jumeirah Beach Residence · 15th floor · completed 2007

1508, Murjan 1

Sold prices and rental history: sold twice, last in April 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 2.1M22 April 2022
Current rentAED 250K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, Murjan 1

What is 1508 worth today?

Last sold for AED 2,100,000 in 2022

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15 Oct 2026RentedNew contract
AED 250,000/yr12 months · AED 130 per sqft
7 Jul 2025RentedNew contract
AED 350,000/yr12 months · AED 182 per sqft
7 Jul 2025RentedNew contract
AED 350,000/yr12 months · AED 182 per sqft
10 May 2022RentedNew contract
AED 150,000/yr12 months · AED 78 per sqft
22 Apr 2022SoldReady
AED 2,100,000AED 1,092 per sqft
15 Feb 2021RentedNew contract
AED 95,000/yr12 months · AED 49 per sqft
15 Feb 2020RentedNew contract
AED 120,000/yr12 months · AED 62 per sqft
15 Feb 2019RentedRenewal
AED 143,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
3-bed apartment
Size
1,922 sqft
Floor
15th of 47
Parking
M023-024
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,600 /yr
Last sold
AED 2.1M · April 2022
Building
Murjan 1

About 1508, Murjan 1

1508 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 22 April 2022 for AED 2,100,000, or AED 1,092 per sqft, 8% above the AED 1,013 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 15 October 2026, is AED 250,000 a year: a gross yield of 11.9% on the 2022 price, before the service charge of about AED 28,600 a year.

Sales and rents for 1508 over time

Sales
Unit 1508, 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, July 2008: AED 875,000 (AED 455 per sqft)Sold, April 2022: AED 2,100,000 (AED 1,092 per sqft)

1508 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1508, each contractTypical three-bed in Murjan 1
200K2012201620202024Typical 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, February 2018: AED 155,000 a yearRenewal, February 2019: AED 143,000 a yearNew contract, February 2020: AED 120,000 a yearNew contract, February 2021: AED 95,000 a yearNew contract, May 2022: AED 150,000 a yearNew contract, July 2025: AED 350,000 a yearNew contract, July 2025: AED 350,000 a yearNew contract, October 2026: AED 250,000 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 1508 sits

All 103 3-beds →

1508 last sold in April 2022 at AED 1,092 per sqft, 8% above what three-beds in Murjan 1 were fetching at the time (AED 1,013). 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. 1508's AED 250,000 is at the top 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 15th floor

All 340 units in Murjan 1
Value
15013-bedAED 1.75M · May 2012
15023-bedAED 2.1M · Mar 2023
15031-bedAED 3.32M · Dec 2023
15041-bedAED 2M · Dec 2024
15051-bedAED 1.31M · Oct 2012
15061-bedAED 1.55M · Apr 2024
15073-bedAED 699K · Nov 2007

1508, Murjan 1 in numbers

  • Sold twice: first on 16 July 2008 for AED 875,000, last on 22 April 2022 for AED 2,100,000 (AED 1,092 per sqft).
  • Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 155,000 to AED 95,000 in 2021 and recovered to AED 250,000 by October 2026.
  • At AED 250,000 a year the gross yield on the 2022 price is 11.9%, 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 15 October 2026.

Questions about 1508, Murjan 1

What did unit 1508 last sell for?

AED 2,100,000 on 22 April 2022: AED 1,092 per sqft for 1,922 sqft. The unit has 2 registered sales; the first was AED 875,000 in July 2008.

What is the rent for unit 1508?

AED 250,000 a year on the contract signed on 15 October 2026. The previous contract, from July 2025, was AED 350,000; the unit has been rented since February 2018.

How big is unit 1508?

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 1508 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 1508, Murjan 1

Starts from the last sale price (AED 2.1M, 22 April 2022). 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 →