2703, Murjan 1
Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2703, Murjan 1
What is 2703 worth today?
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Source: Dubai Land Department. Updated 22 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,106 sqft
- Floor
- 27th of 47
- Parking
- B146
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 16,500 /yr
- Last sold
- AED 1.75M · August 2024
- Building
- Murjan 1
About 2703, Murjan 1
2703 is a one-bedroom apartment of 1,106 sqft on the 27th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 22 August 2024 for AED 1,750,000, or AED 1,582 per sqft, 15% above the AED 1,379 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 15 November 2019, is AED 79,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 16,500 a year.
Sales and rents for 2703 over time
2703 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 2703 sits
All 104 1-beds →2703 last sold in August 2024 at AED 1,582 per sqft, 15% above what one-beds in Murjan 1 were fetching at the time (AED 1,379). 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. 2703's AED 79,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 1,106 sqft | 1,513,517 | 1,369 | ||
| 20 Feb 202620 February 2026 | 1,106 sqft | 1,924,887 | 1,741 | ||
| 28 Jan 202628 January 2026 | 1,106 sqft | 2,000,000 | 1,809 | ||
| 27 Nov 202527 November 2025 | 1,106 sqft | 1,750,000 | 1,582 |
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 27th floor
All 340 units in Murjan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2701 | 3-bed | 1,922 sqft | AED 3MAED 3,000,000 · Feb 2025February 2025 | 175,000 /yr | |
| 2702 | 3-bed | 1,922 sqft | AED 3.6MAED 3,600,000 · Jul 2024July 2024 | 115,500 /yr | |
| 2704 | 1-bed | 1,106 sqft | AED 1.63MAED 1,625,000 · May 2016May 2016 | 105,000 /yr | |
| 2705 | 1-bed | 1,106 sqft | AED 680KAED 680,000 · Nov 2008November 2008 | 90,000 /yr | |
| 2706 | 1-bed | 1,106 sqft | AED 449KAED 449,000 · Jul 2008July 2008 | 84,899 /yr | |
| 2707 | 3-bed | 1,922 sqft | AED 2.95MAED 2,950,000 · Jun 2025June 2025 | 210,000 /yr | |
| 2708 | 3-bed | 1,922 sqft | AED 2.9MAED 2,900,000 · Nov 2024November 2024 | 225,000 /yr |
2703, Murjan 1 in numbers
- Sold 3 times: first on 18 September 2008 for AED 449,000, last on 22 August 2024 for AED 1,750,000 (AED 1,582 per sqft).
- Rented since November 2016 on 4 Ejari contracts, from AED 120,000 to AED 79,000 a year.
- At AED 79,000 a year the gross yield on the 2024 price is 4.5%, 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 22 August 2024.
Questions about 2703, Murjan 1
What did unit 2703 last sell for?
AED 1,750,000 on 22 August 2024: AED 1,582 per sqft for 1,106 sqft. The unit has 3 registered sales; the first was AED 449,000 in September 2008.
What is the rent for unit 2703?
AED 79,000 a year on the contract renewed on 15 November 2019. The previous contract, from November 2018, was AED 112,605; the unit has been rented since November 2016.
How big is unit 2703?
1,106 sqft (102.8 sqm): a one-bedroom apartment on the 27th floor of a 47-storey tower completed in 2007.
What is unit 2703 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 2703, Murjan 1
Starts from the last sale price (AED 1.75M, 22 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →