2308, Murjan 1
Sold prices and rental history: sold twice, last in June 2014, 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 2308, Murjan 1
What is 2308 worth today?
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Source: Dubai Land Department. Updated 15 September 2016.
Key facts
- Type
- 3-bed apartment
- Size
- 1,922 sqft
- Floor
- 23rd of 47
- Parking
- B078-079
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,600 /yr
- Last sold
- AED 2.9M · June 2014
- Building
- Murjan 1
About 2308, Murjan 1
2308 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. It last sold on 24 June 2014 for AED 2,900,000, or AED 1,509 per sqft, 17% above the AED 1,288 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 15 September 2016, is AED 170,000 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 28,600 a year.
Sales and rents for 2308 over time
2308 has sold twice; 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 2308 sits
All 103 3-beds →2308 last sold in June 2014 at AED 1,509 per sqft, 17% above what three-beds in Murjan 1 were fetching at the time (AED 1,288). 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. 2308's AED 170,000 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 23rd floor
All 340 units in Murjan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 3-bed | 1,922 sqft | AED 699KAED 699,000 · Sep 2012September 2012 | 165,000 /yr | |
| 2302 | 3-bed | 1,922 sqft | AED 2.7MAED 2,700,000 · Jan 2025January 2025 | ||
| 2303 | 1-bed | 1,106 sqft | AED 1.65MAED 1,650,000 · Apr 2017April 2017 | 78,750 /yr | |
| 2304 | 1-bed | 1,106 sqft | AED 1.45MAED 1,450,000 · Dec 2015December 2015 | 110,000 /yr | |
| 2305 | 1-bed | 1,106 sqft | AED 1.4MAED 1,400,000 · Jan 2013January 2013 | 130,000 /yr | |
| 2306 | 1-bed | 1,106 sqft | AED 1.55MAED 1,550,000 · Mar 2014March 2014 | 100,000 /yr | |
| 2307 | 3-bed | 1,922 sqft | AED 699KAED 699,000 · Oct 2015October 2015 |
2308, Murjan 1 in numbers
- Sold twice: first on 4 September 2008 for AED 699,000, last on 24 June 2014 for AED 2,900,000 (AED 1,509 per sqft).
- Rented since January 2013 on 4 Ejari contracts, from AED 130,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2014 price is 5.9%, 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 September 2016.
Questions about 2308, Murjan 1
What did unit 2308 last sell for?
AED 2,900,000 on 24 June 2014: AED 1,509 per sqft for 1,922 sqft. The unit has 2 registered sales; the first was AED 699,000 in September 2008.
What is the rent for unit 2308?
AED 170,000 a year on the contract renewed on 15 September 2016. The previous contract, from September 2015, was AED 180,000; the unit has been rented since January 2013.
How big is unit 2308?
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 2308 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 2308, Murjan 1
Starts from the last sale price (AED 2.9M, 24 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →