1601, Murjan 1
Sold prices and rental history: sold 3 times, last in July 2021, 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 1601, Murjan 1
What is 1601 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 4 July 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 1,922 sqft
- Floor
- 16th of 47
- Parking
- G258-259
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,600 /yr
- Last sold
- AED 1.8M · July 2021
- Building
- Murjan 1
About 1601, Murjan 1
1601 is a three-bedroom apartment of 1,922 sqft on the 16th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 July 2021 for AED 1,800,000, or AED 936 per sqft, 29% above the AED 727 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 December 2020, is AED 99,999 a year: a gross yield of 5.6% on the 2021 price, before the service charge of about AED 28,600 a year.
Sales and rents for 1601 over time
1601 has sold 3 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 1601 sits
All 103 3-beds →1601 last sold in July 2021 at AED 936 per sqft, 29% above what three-beds in Murjan 1 were fetching at the time (AED 727). 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. 1601's AED 99,999 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 118K /yr
- Typical yield
- 5.8%
Other units on the 16th floor
All 340 units in Murjan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 3-bed | 1,922 sqft | AED 699KAED 699,000 · Apr 2008April 2008 | 176,000 /yr | |
| 1603 | 1-bed | 1,106 sqft | AED 1.45MAED 1,445,000 · Sep 2017September 2017 | 87,000 /yr | |
| 1604 | 1-bed | 1,106 sqft | AED 1.8MAED 1,800,000 · Aug 2024August 2024 | 78,829 /yr | |
| 1605 | 1-bed | 1,106 sqft | AED 1.34MAED 1,335,000 · Oct 2017October 2017 | 100,000 /yr | |
| 1606 | 1-bed | 1,106 sqft | AED 1.33MAED 1,330,000 · Oct 2017October 2017 | 100,000 /yr | |
| 1607 | 3-bed | 1,922 sqft | AED 699KAED 699,000 · Apr 2014April 2014 | 143,000 /yr | |
| 1608 | 3-bed | 1,922 sqft | AED 758KAED 757,500 · Apr 2011April 2011 | 185,000 /yr |
1601, Murjan 1 in numbers
- Sold 3 times: first on 4 April 2012 for AED 699,000, last on 4 July 2021 for AED 1,800,000 (AED 936 per sqft).
- Rented since June 2013 on 8 Ejari contracts, from AED 150,000 to AED 99,999 a year.
- At AED 99,999 a year the gross yield on the 2021 price is 5.6%, 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 4 July 2021.
Questions about 1601, Murjan 1
What did unit 1601 last sell for?
AED 1,800,000 on 4 July 2021: AED 936 per sqft for 1,922 sqft. The unit has 3 registered sales; the first was AED 699,000 in April 2012.
What is the rent for unit 1601?
AED 99,999 a year on the contract signed on 1 December 2020. The previous contract, from November 2019, was AED 120,000; the unit has been rented since June 2013.
How big is unit 1601?
1,922 sqft (178.6 sqm): a three-bedroom apartment on the 16th floor of a 47-storey tower completed in 2007.
What is unit 1601 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.
Selling 1601? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1601, Murjan 1
Starts from the last sale price (AED 1.8M, 4 July 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →