3-bed · 1,922 sqftMurjan 1, Jumeirah Beach Residence · 25th floor · completed 2007

2502, Murjan 1

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2502 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 699K22 June 2015
Current rentAED 165K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2502, Murjan 1

What is 2502 worth today?

Last sold for AED 699,000 in 2015

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1 Dec 2024RentedRenewal
AED 165,000/yr12 months · AED 86 per sqft
1 Dec 2024RentedRenewal
AED 165,000/yr12 months · AED 86 per sqft
1 Dec 2023RentedRenewal
AED 165,000/yr12 months · AED 86 per sqft
1 Dec 2022RentedNew contract
AED 165,000/yr12 months · AED 86 per sqft
15 Nov 2021RentedNew contract
AED 130,000/yr12 months · AED 67 per sqft
27 Nov 2019RentedNew contract
AED 120,000/yr12 months · AED 62 per sqft
20 Sep 2018RentedRenewal
AED 130,000/yr12 months · AED 67 per sqft
20 Sep 2017RentedNew contract
AED 145,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
3-bed apartment
Size
1,922 sqft
Floor
25th of 47
Parking
G157-158
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,600 /yr
Last sold
AED 699K · June 2015
Building
Murjan 1

About 2502, Murjan 1

2502 is a three-bedroom apartment of 1,922 sqft on the 25th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 22 June 2015 for AED 699,000, or AED 363 per sqft, 73% below the AED 1,353 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 165,000 a year: a gross yield of 23.6% on the 2015 price, before the service charge of about AED 28,600 a year.

Sales and rents for 2502 over time

Sales
Unit 2502, 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, June 2015: AED 699,000 (AED 363 per sqft)

2502 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2502, 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 2015: AED 175,000 a yearNew contract, September 2016: AED 160,000 a yearNew contract, September 2017: AED 145,000 a yearRenewal, September 2018: AED 130,000 a yearNew contract, November 2019: AED 120,000 a yearNew contract, November 2021: AED 130,000 a yearNew contract, December 2022: AED 165,000 a yearRenewal, December 2023: AED 165,000 a yearRenewal, December 2024: AED 165,000 a yearRenewal, December 2024: AED 165,000 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 2502 sits

All 103 3-beds →

2502 last sold in June 2015 at AED 363 per sqft, 73% below what three-beds in Murjan 1 were fetching at the time (AED 1,353). 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. 2502's AED 165,000 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 25th floor

All 340 units in Murjan 1
Value
25013-bedAED 915K · Apr 2012
25031-bedAED 449K · Feb 2015
25041-bedAED 1.33M · Nov 2007
25051-bedAED 1.91M · May 2008
25061-bedAED 1.4M · Jul 2017
25073-bedAED 2.45M · Apr 2016
25083-bedAED 2.4M · Jul 2026

2502, Murjan 1 in numbers

  • Sold once: by Dubai Properties on 22 June 2015 for AED 699,000, or AED 363 per sqft.
  • Rented since September 2015 on 10 Ejari contracts. The rent fell from AED 175,000 to AED 120,000 in 2019 and recovered to AED 165,000 by December 2024.
  • At AED 165,000 a year the gross yield on the 2015 price is 23.6%, 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 1 December 2024.

Questions about 2502, Murjan 1

What did unit 2502 last sell for?

AED 699,000 on 22 June 2015, 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 2502?

AED 165,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2024, was AED 165,000; the unit has been rented since September 2015.

How big is unit 2502?

1,922 sqft (178.6 sqm): a three-bedroom apartment on the 25th floor of a 47-storey tower completed in 2007.

What is unit 2502 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 2502, Murjan 1

Starts from the last sale price (AED 699K, 22 June 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 →