3-bed · 1,922 sqftMurjan 1, Jumeirah Beach Residence · 24th floor · completed 2007

2408, Murjan 1

Sold prices and rental history: sold once, by the developer in January 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2408 · DLD and Ejari recordsUpdated 20 October 2026
Last soldAED 699K30 January 2008
Current rentAED 150K /yr20 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2408, Murjan 1

What is 2408 worth today?

Last sold for AED 699,000 in 2008

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20 Oct 2026RentedNew contract
AED 150,000/yr12 months · AED 78 per sqft
23 Sep 2025RentedRenewal
AED 165,000/yr12 months · AED 86 per sqft
23 Sep 2024RentedNew contract
AED 165,000/yr12 months · AED 86 per sqft
27 Jun 2023RentedRenewal
AED 136,500/yr12 months · AED 71 per sqft
27 Jun 2022RentedNew contract
AED 130,000/yr12 months · AED 68 per sqft
15 Mar 2021RentedNew contract
AED 90,000/yr12 months · AED 47 per sqft
15 Mar 2020RentedRenewal
AED 110,000/yr12 months · AED 57 per sqft
15 Mar 2019RentedRenewal
AED 120,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 20 October 2026.

Key facts

Type
3-bed apartment
Size
1,922 sqft
Floor
24th of 47
Parking
M068-069
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,600 /yr
Last sold
AED 699K · January 2008
Building
Murjan 1

About 2408, Murjan 1

2408 is a three-bedroom apartment of 1,922 sqft on the 24th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 30 January 2008 for AED 699,000, or AED 363 per sqft, in line with the AED 363 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 20 October 2026, is AED 150,000 a year: a gross yield of 21.5% on the 2008 price, before the service charge of about AED 28,600 a year.

Sales and rents for 2408 over time

Sales
Unit 2408, 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, January 2008: AED 699,000 (AED 363 per sqft)

2408 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2408, 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 165,000New contract, September 2014: AED 180,000 a yearNew contract, March 2016: AED 160,000 a yearRenewal, March 2017: AED 160,000 a yearRenewal, March 2019: AED 120,000 a yearRenewal, March 2020: AED 110,000 a yearNew contract, March 2021: AED 90,000 a yearNew contract, June 2022: AED 130,000 a yearRenewal, June 2023: AED 136,500 a yearNew contract, September 2024: AED 165,000 a yearRenewal, September 2025: AED 165,000 a yearNew contract, October 2026: AED 150,000 a year

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 2408 sits

All 103 3-beds →

2408 last sold in January 2008 at AED 363 per sqft, in line with what three-beds in Murjan 1 were fetching at the time (AED 363). 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. 2408's AED 150,000 is in the lower half of that range.

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 24th floor

All 340 units in Murjan 1
Value
24013-bedAED 2.75M · Mar 2024
24023-bedAED 1.9M · Jun 2009
24031-bedAED 1.38M · Oct 2018
24041-bedAED 1.6M · Aug 2018
24051-bedAED 449K · Feb 2008
24061-bedAED 778K · Apr 2009
24073-bedAED 699K · Dec 2010

2408, Murjan 1 in numbers

  • Sold once: by Dubai Properties on 30 January 2008 for AED 699,000, or AED 363 per sqft.
  • Rented since September 2014 on 11 Ejari contracts. The rent fell from AED 180,000 to AED 90,000 in 2021 and recovered to AED 150,000 by October 2026.
  • At AED 150,000 a year the gross yield on the 2008 price is 21.5%, 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 20 October 2026.

Questions about 2408, Murjan 1

What did unit 2408 last sell for?

AED 699,000 on 30 January 2008, 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 2408?

AED 150,000 a year on the contract signed on 20 October 2026. The previous contract, from September 2025, was AED 165,000; the unit has been rented since September 2014.

How big is unit 2408?

1,922 sqft (178.6 sqm): a three-bedroom apartment on the 24th floor of a 47-storey tower completed in 2007.

What is unit 2408 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 2408, Murjan 1

Starts from the last sale price (AED 699K, 30 January 2008). 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 →