3-bed · 1,922 sqftMurjan 1, Jumeirah Beach Residence · 23rd floor · completed 2007

2307, Murjan 1

Sold prices and rental history: sold once, by the developer in October 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2307 · DLD and Ejari recordsUpdated 20 October 2015
Last soldAED 699K20 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2307, Murjan 1

What is 2307 worth today?

Last sold for AED 699,000 in 2015

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20 Oct 2015Sold by developerReady
AED 699,000AED 363 per sqft

Source: Dubai Land Department. Updated 20 October 2015.

Key facts

Type
3-bed apartment
Size
1,922 sqft
Floor
23rd of 47
Parking
G199-200
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,600 /yr
Last sold
AED 699K · October 2015
Building
Murjan 1

About 2307, Murjan 1

2307 is a three-bedroom apartment of 1,922 sqft on the 23rd floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 20 October 2015 for AED 699,000, or AED 363 per sqft, 71% below the AED 1,242 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2307 over time

Sales
Unit 2307, 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, October 2015: AED 699,000 (AED 363 per sqft)

2307 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2307, each contractTypical three-bed in Murjan 1
100K150K2012201620202024Typical 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 165,000

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 2307 sits

All 103 3-beds →

2307 last sold in October 2015 at AED 363 per sqft, 71% below what three-beds in Murjan 1 were fetching at the time (AED 1,242). 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.

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 23rd floor

All 340 units in Murjan 1
Value
23013-bedAED 699K · Sep 2012
23023-bedAED 2.7M · Jan 2025
23031-bedAED 1.65M · Apr 2017
23041-bedAED 1.45M · Dec 2015
23051-bedAED 1.4M · Jan 2013
23061-bedAED 1.55M · Mar 2014
23083-bedAED 2.9M · Jun 2014

2307, Murjan 1 in numbers

  • Sold once: by Dubai Properties on 20 October 2015 for AED 699,000, or AED 363 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 20 October 2015.

Questions about 2307, Murjan 1

What did unit 2307 last sell for?

AED 699,000 on 20 October 2015, sold by the developer: AED 363 per sqft for 1,922 sqft. It is the only registered sale of the unit.

How big is unit 2307?

1,922 sqft (178.6 sqm): a three-bedroom apartment on the 23rd floor of a 47-storey tower completed in 2007.

What is unit 2307 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 2307, Murjan 1

Starts from the last sale price (AED 699K, 20 October 2015). 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 →