1607, Murjan 1
Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1607, Murjan 1
What is 1607 worth today?
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Source: Dubai Land Department. Updated 15 October 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,922 sqft
- Floor
- 16th of 47
- Parking
- M038-039
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,600 /yr
- Last sold
- AED 699K · April 2014
- Building
- Murjan 1
About 1607, Murjan 1
1607 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. The developer sold it on 2 April 2014 for AED 699,000, or AED 363 per sqft, 67% below the AED 1,099 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 15 October 2024, is AED 143,000 a year: a gross yield of 20.5% on the 2014 price, before the service charge of about AED 28,600 a year.
Sales and rents for 1607 over time
1607 has sold once; 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 1607 sits
All 103 3-beds →1607 last sold in April 2014 at AED 363 per sqft, 67% below what three-beds in Murjan 1 were fetching at the time (AED 1,099). 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. 1607's AED 143,000 is in the lower half 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 | |
| 1608 | 3-bed | 1,922 sqft | AED 758KAED 757,500 · Apr 2011April 2011 | 185,000 /yr |
1607, Murjan 1 in numbers
- Sold once: by Dubai Properties on 2 April 2014 for AED 699,000, or AED 363 per sqft.
- Rented since October 2016 on 9 Ejari contracts. The rent fell from AED 165,000 to AED 122,500 in 2021 and recovered to AED 143,000 by October 2024.
- At AED 143,000 a year the gross yield on the 2014 price is 20.5%, 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 2024.
Questions about 1607, Murjan 1
What did unit 1607 last sell for?
AED 699,000 on 2 April 2014, sold by the developer: AED 363 per sqft for 1,922 sqft. It is the only registered sale of the unit.
What is the rent for unit 1607?
AED 143,000 a year on the contract renewed on 15 October 2024. The previous contract, from October 2023, was AED 130,000; the unit has been rented since October 2016.
How big is unit 1607?
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 1607 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 1607, Murjan 1
Starts from the last sale price (AED 699K, 2 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 699,000
- Deposit, UAE resident (20%)
- AED 139,800
- Deposit, non-resident (40%)
- AED 279,600
- Monthly over 25 years at 3.7%
- AED 2,860
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →