2-bed · 1,317 sqftMurjan 1, Jumeirah Beach Residence · 29th floor · completed 2007

2901, Murjan 1

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 31 May 2023
Last soldAED 2.2M31 May 2023
Current rentAED 120K /yr26 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, Murjan 1

What is 2901 worth today?

Last sold for AED 2,200,000 in 2023

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31 May 2023SoldReady
AED 2,200,000AED 1,670 per sqft
12 Apr 2023SoldReady
AED 1,715,000AED 1,302 per sqft
26 Feb 2019RentedRenewal
AED 119,700/yr12 months · AED 91 per sqft
26 Feb 2018RentedRenewal
AED 126,000/yr12 months · AED 96 per sqft
26 Feb 2017RentedNew contract
AED 126,000/yr12 months · AED 96 per sqft
26 Feb 2016RentedRenewal
AED 126,000/yr12 months · AED 96 per sqft
26 Feb 2015RentedNew contract
AED 126,000/yr12 months · AED 96 per sqft
26 Feb 2014RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 31 May 2023.

Key facts

Type
2-bed apartment
Size
1,317 sqft
Floor
29th of 47
Parking
B168
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,600 /yr
Last sold
AED 2.2M · May 2023
Building
Murjan 1

About 2901, Murjan 1

2901 is a two-bedroom apartment of 1,317 sqft on the 29th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 31 May 2023 for AED 2,200,000, or AED 1,670 per sqft, 21% above the AED 1,385 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 26 February 2019, is AED 119,700 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 19,600 a year.

Sales and rents for 2901 over time

Sales
Unit 2901, each saleTypical two-bed in Murjan 1
1M2M20072012201720222027Typical sale price by year: 2007 AED 599,000; 2008 AED 599,000; 2009 AED 1,068,450; 2010 AED 1,300,000; 2011 AED 1,350,000; 2012 AED 1,535,000; 2013 AED 1,700,000; 2014 AED 2,342,500; 2015 AED 1,200,000; 2016 AED 1,900,000; 2017 AED 1,947,500; 2018 AED 1,700,000; 2019 AED 1,500,000; 2020 AED 1,250,000; 2021 AED 1,411,111; 2022 AED 1,690,000; 2023 AED 2,150,000; 2024 AED 2,275,000; 2025 AED 2,100,000; 2026 AED 2,173,098Sold by developer, August 2010: AED 599,000 (AED 454 per sqft)Sold, April 2023: AED 1,715,000 (AED 1,302 per sqft)Sold, May 2023: AED 2,200,000 (AED 1,670 per sqft)

2901 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2901, each contractTypical two-bed in Murjan 1
75K100K125K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 113,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 129,807; 2017 AED 126,000; 2018 AED 115,501; 2019 AED 100,000; 2020 AED 85,000; 2021 AED 83,000; 2022 AED 95,000; 2023 AED 113,000; 2024 AED 124,450; 2025 AED 130,000; 2026 AED 115,883New contract, February 2014: AED 120,000 a yearNew contract, February 2015: AED 126,000 a yearRenewal, February 2016: AED 126,000 a yearNew contract, February 2017: AED 126,000 a yearRenewal, February 2018: AED 126,000 a yearRenewal, February 2019: AED 119,700 a year

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

2-beds in Murjan 1, and where 2901 sits

All 128 2-beds →

2901 last sold in May 2023 at AED 1,670 per sqft, 21% above what two-beds in Murjan 1 were fetching at the time (AED 1,385). Over the last 12 months two-beds sold for AED 1,850,000 to 2,700,000, around AED 1,553 per sqft, and rent for AED 74,799 to 200,000 a year. 2901's AED 119,700 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20261,923,143
14 Oct 20261,925,000
27 Aug 20262,700,000
21 Aug 20262,660,000
13 2-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 29th floor

All 340 units in Murjan 1
Value
29022-bedAED 1.6M · May 2023
29032-bedAED 1.95M · Jun 2023
29042-bedAED 599K · Nov 2015
29052-bedAED 1.9M · May 2013
29062-bedAED 1.55M · Nov 2012
29072-bedAED 2.1M · Oct 2025
29082-bedAED 2M · Jun 2016

2901, Murjan 1 in numbers

  • Sold 3 times: first on 2 August 2010 for AED 599,000, last on 31 May 2023 for AED 2,200,000 (AED 1,670 per sqft).
  • Rented since February 2014 on 6 Ejari contracts, from AED 120,000 to AED 119,700 a year.
  • At AED 119,700 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 19,600 a year (AED 14.89 per sqft).
  • Two-beds in Murjan 1 sold for AED 1,850,000–2,700,000 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 31 May 2023.

Questions about 2901, Murjan 1

What did unit 2901 last sell for?

AED 2,200,000 on 31 May 2023: AED 1,670 per sqft for 1,317 sqft. The unit has 3 registered sales; the first was AED 599,000 in August 2010.

What is the rent for unit 2901?

AED 119,700 a year on the contract renewed on 26 February 2019. The previous contract, from February 2018, was AED 126,000; the unit has been rented since February 2014.

How big is unit 2901?

1,317 sqft (122.4 sqm): a two-bedroom apartment on the 29th floor of a 47-storey tower completed in 2007.

What is unit 2901 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Murjan 1 sold for AED 1,850,000 to 2,700,000 in the last 12 months, around AED 1,553 per sqft.

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Mortgage on 2901, Murjan 1

Starts from the last sale price (AED 2.2M, 31 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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