1-bed · 1,106 sqftMurjan 1, Jumeirah Beach Residence · 27th floor · completed 2007

2706, Murjan 1

Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2706 · DLD and Ejari recordsUpdated 6 September 2024
Last soldAED 449K27 July 2008
Current rentAED 85K /yr6 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2706, Murjan 1

What is 2706 worth today?

Last sold for AED 449,000 in 2008

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6 Sep 2024RentedRenewal
AED 84,899/yr2 months · AED 77 per sqft
6 Sep 2023RentedRenewal
AED 77,165/yr12 months · AED 70 per sqft
6 Sep 2022RentedRenewal
AED 70,150/yr12 months · AED 63 per sqft
6 Sep 2021RentedRenewal
AED 61,000/yr12 months · AED 55 per sqft
6 Sep 2020RentedNew contract
AED 61,000/yr12 months · AED 55 per sqft
14 Oct 2019RentedRenewal
AED 80,000/yr3 months · AED 72 per sqft
14 Oct 2018RentedNew contract
AED 80,000/yr12 months · AED 72 per sqft
27 Jul 2017RentedRenewal
AED 95,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 6 September 2024.

Key facts

Type
1-bed apartment
Size
1,106 sqft
Floor
27th of 47
Parking
B137
Developer
Dubai Properties
Completed
2007
Service charge
AED 16,500 /yr
Last sold
AED 449K · July 2008
Building
Murjan 1

About 2706, Murjan 1

2706 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. The developer sold it on 27 July 2008 for AED 449,000, or AED 406 per sqft, 20% below the AED 506 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 6 September 2024, is AED 84,899 a year: a gross yield of 18.9% on the 2008 price, before the service charge of about AED 16,500 a year.

Sales and rents for 2706 over time

Sales
Unit 2706, 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, July 2008: AED 449,000 (AED 406 per sqft)

2706 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2706, each contractTypical one-bed in Murjan 1
60K80K100K2012201620202024Typical 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, June 2013: AED 80,000 a yearNew contract, July 2015: AED 95,000 a yearNew contract, July 2016: AED 95,000 a yearRenewal, July 2017: AED 95,000 a yearNew contract, October 2018: AED 80,000 a yearRenewal, October 2019: AED 80,000 a yearNew contract, September 2020: AED 61,000 a yearRenewal, September 2021: AED 61,000 a yearRenewal, September 2022: AED 70,150 a yearRenewal, September 2023: AED 77,165 a yearRenewal, September 2024: AED 84,899 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 2706 sits

All 104 1-beds →

2706 last sold in July 2008 at AED 406 per sqft, 20% below what one-beds in Murjan 1 were fetching at the time (AED 506). 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. 2706's AED 84,899 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 27th floor

All 340 units in Murjan 1
Value
27013-bedAED 3M · Feb 2025
27023-bedAED 3.6M · Jul 2024
27031-bedAED 1.75M · Aug 2024
27041-bedAED 1.63M · May 2016
27051-bedAED 680K · Nov 2008
27073-bedAED 2.95M · Jun 2025
27083-bedAED 2.9M · Nov 2024

2706, Murjan 1 in numbers

  • Sold once: by Dubai Properties on 27 July 2008 for AED 449,000, or AED 406 per sqft.
  • Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 80,000 to AED 61,000 in 2021 and recovered to AED 84,899 by September 2024.
  • At AED 84,899 a year the gross yield on the 2008 price is 18.9%, 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 6 September 2024.

Questions about 2706, Murjan 1

What did unit 2706 last sell for?

AED 449,000 on 27 July 2008, sold by the developer: AED 406 per sqft for 1,106 sqft. It is the only registered sale of the unit.

What is the rent for unit 2706?

AED 84,899 a year on the contract renewed on 6 September 2024. The previous contract, from September 2023, was AED 77,165; the unit has been rented since June 2013.

How big is unit 2706?

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 2706 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 2706, Murjan 1

Starts from the last sale price (AED 449K, 27 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 449,000
Deposit, UAE resident (20%)
AED 89,800
Deposit, non-resident (40%)
AED 179,600
Monthly over 25 years at 3.7%
AED 1,837

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