1604, Murjan 1
Sold prices and rental history: sold 3 times, last in August 2024, 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 1604, Murjan 1
What is 1604 worth today?
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Source: Dubai Land Department. Updated 22 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,106 sqft
- Floor
- 16th of 47
- Parking
- B081
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 16,500 /yr
- Last sold
- AED 1.8M · August 2024
- Building
- Murjan 1
About 1604, Murjan 1
1604 is a one-bedroom apartment of 1,106 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 22 August 2024 for AED 1,800,000, or AED 1,628 per sqft, 18% above the AED 1,379 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 16 October 2023, is AED 78,829 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 16,500 a year.
Sales and rents for 1604 over time
1604 has sold 3 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 1604 sits
All 104 1-beds →1604 last sold in August 2024 at AED 1,628 per sqft, 18% above what one-beds in Murjan 1 were fetching at the time (AED 1,379). 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. 1604's AED 78,829 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 16th floor
All 340 units in Murjan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,922 sqft | AED 1.8MAED 1,800,000 · Jul 2021July 2021 | 99,999 /yr | |
| 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 | |
| 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 |
1604, Murjan 1 in numbers
- Sold 3 times: first on 16 August 2012 for AED 449,000, last on 22 August 2024 for AED 1,800,000 (AED 1,628 per sqft).
- Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 80,000 to AED 65,000 in 2020 and recovered to AED 78,829 by October 2023.
- At AED 78,829 a year the gross yield on the 2024 price is 4.4%, 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 22 August 2024.
Questions about 1604, Murjan 1
What did unit 1604 last sell for?
AED 1,800,000 on 22 August 2024: AED 1,628 per sqft for 1,106 sqft. The unit has 3 registered sales; the first was AED 449,000 in August 2012.
What is the rent for unit 1604?
AED 78,829 a year on the contract renewed on 16 October 2023. The previous contract, from October 2022, was AED 75,075; the unit has been rented since August 2013.
How big is unit 1604?
1,106 sqft (102.8 sqm): a one-bedroom apartment on the 16th floor of a 47-storey tower completed in 2007.
What is unit 1604 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 1604, Murjan 1
Starts from the last sale price (AED 1.8M, 22 August 2024). 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 →