1-bed · 1,106 sqftMurjan 1, Jumeirah Beach Residence · 25th floor · completed 2007

2506, Murjan 1

Sold prices and rental history: sold twice, last in July 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2506 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.4M31 July 2017
Current rentAED 83K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2506, Murjan 1

What is 2506 worth today?

Last sold for AED 1,400,000 in 2017

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1 Aug 2024RentedRenewal
AED 83,490/yr12 months · AED 76 per sqft
1 Aug 2023RentedRenewal
AED 75,900/yr12 months · AED 69 per sqft
1 Aug 2022RentedRenewal
AED 69,000/yr12 months · AED 62 per sqft
1 Aug 2021RentedNew contract
AED 60,000/yr12 months · AED 54 per sqft
21 Mar 2020RentedNew contract
AED 66,000/yr12 months · AED 60 per sqft
19 Oct 2018RentedRenewal
AED 75,000/yr12 months · AED 68 per sqft
19 Oct 2017RentedNew contract
AED 90,000/yr12 months · AED 81 per sqft
31 Jul 2017SoldReady
AED 1,400,000AED 1,266 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
1,106 sqft
Floor
25th of 47
Parking
B138
Developer
Dubai Properties
Completed
2007
Service charge
AED 16,500 /yr
Last sold
AED 1.4M · July 2017
Building
Murjan 1

About 2506, Murjan 1

2506 is a one-bedroom apartment of 1,106 sqft on the 25th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 31 July 2017 for AED 1,400,000, or AED 1,266 per sqft, 3% below the AED 1,311 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 83,490 a year: a gross yield of 6.0% on the 2017 price, before the service charge of about AED 16,500 a year.

Sales and rents for 2506 over time

Sales
Unit 2506, each saleTypical one-bed in Murjan 1
1M2M20072012201720222027Typical sale price by year: 2007 AED 560,000; 2008 AED 680,000; 2009 AED 900,000; 2010 AED 800,000; 2011 AED 1,075,000; 2012 AED 1,064,000; 2013 AED 1,400,000; 2014 AED 1,550,000; 2015 AED 1,675,000; 2016 AED 1,475,000; 2017 AED 1,422,500; 2018 AED 1,390,000; 2020 AED 1,000,000; 2021 AED 1,145,000; 2022 AED 1,390,000; 2023 AED 1,480,000; 2024 AED 1,530,000; 2025 AED 1,675,000; 2026 AED 1,924,887Sold by developer, February 2008: AED 680,000 (AED 615 per sqft)Sold, July 2017: AED 1,400,000 (AED 1,266 per sqft)

2506 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2506, each contractTypical one-bed in Murjan 1
50K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 85,000; 2014 AED 95,000; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 65,000; 2021 AED 68,000; 2022 AED 77,000; 2023 AED 85,000; 2024 AED 96,000; 2025 AED 100,000; 2026 AED 100,000New contract, May 2015: AED 120,000 a yearNew contract, June 2016: AED 98,000 a yearNew contract, October 2017: AED 90,000 a yearRenewal, October 2018: AED 75,000 a yearNew contract, March 2020: AED 66,000 a yearNew contract, August 2021: AED 60,000 a yearRenewal, August 2022: AED 69,000 a yearRenewal, August 2023: AED 75,900 a yearRenewal, August 2024: AED 83,490 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Murjan 1, and where 2506 sits

All 104 1-beds →

2506 last sold in July 2017 at AED 1,266 per sqft, 3% below what one-beds in Murjan 1 were fetching at the time (AED 1,311). Over the last 12 months one-beds sold for AED 1,513,517 to 2,000,000, around AED 1,662 per sqft, and rent for AED 40,000 to 130,000 a year. 2506's AED 83,490 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Aug 20261,513,517
20 Feb 20261,924,887
28 Jan 20262,000,000
27 Nov 20251,750,000
4 1-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
25023-bedAED 699K · Jun 2015
25031-bedAED 449K · Feb 2015
25041-bedAED 1.33M · Nov 2007
25051-bedAED 1.91M · May 2008
25073-bedAED 2.45M · Apr 2016
25083-bedAED 2.4M · Jul 2026

2506, Murjan 1 in numbers

  • Sold twice: first on 12 February 2008 for AED 680,000, last on 31 July 2017 for AED 1,400,000 (AED 1,266 per sqft).
  • Rented since May 2015 on 9 Ejari contracts. The rent fell from AED 120,000 to AED 60,000 in 2021 and recovered to AED 83,490 by August 2024.
  • At AED 83,490 a year the gross yield on the 2017 price is 6.0%, before a service charge of about AED 16,500 a year (AED 14.89 per sqft).
  • One-beds in Murjan 1 sold for AED 1,513,517–2,000,000 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 August 2024.

Questions about 2506, Murjan 1

What did unit 2506 last sell for?

AED 1,400,000 on 31 July 2017: AED 1,266 per sqft for 1,106 sqft. The unit has 2 registered sales; the first was AED 680,000 in February 2008.

What is the rent for unit 2506?

AED 83,490 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 75,900; the unit has been rented since May 2015.

How big is unit 2506?

1,106 sqft (102.8 sqm): a one-bedroom apartment on the 25th floor of a 47-storey tower completed in 2007.

What is unit 2506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Murjan 1 sold for AED 1,513,517 to 2,000,000 in the last 12 months, around AED 1,662 per sqft.

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Mortgage on 2506, Murjan 1

Starts from the last sale price (AED 1.4M, 31 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →