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

2902, Murjan 1

Sold prices and rental history: sold 5 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 31 May 2023
Last soldAED 1.6M31 May 2023
Current rentAED 83K /yr9 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Murjan 1

What is 2902 worth today?

Last sold for AED 1,600,000 in 2023

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31 May 2023SoldReady
AED 1,600,000AED 1,215 per sqft
9 Dec 2022RentedRenewal
AED 82,500/yr12 months · AED 63 per sqft
9 Dec 2021RentedRenewal
AED 75,000/yr12 months · AED 57 per sqft
7 Dec 2020RentedNew contract
AED 74,599/yr12 months · AED 57 per sqft
25 May 2019RentedRenewal
AED 100,000/yr12 months · AED 76 per sqft
25 May 2018RentedRenewal
AED 115,000/yr12 months · AED 88 per sqft
25 May 2017RentedRenewal
AED 120,000/yr12 months · AED 91 per sqft
25 May 2016RentedNew contract
AED 125,000/yr12 months · AED 95 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
B150
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,600 /yr
Last sold
AED 1.6M · May 2023
Building
Murjan 1

About 2902, Murjan 1

2902 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 1,600,000, or AED 1,215 per sqft, 12% below the AED 1,385 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 9 December 2022, is AED 82,500 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 19,600 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, 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, November 2007: AED 820,000 (AED 622 per sqft)Sold, February 2008: AED 1,700,000 (AED 1,291 per sqft)Sold, February 2013: AED 1,700,000 (AED 1,291 per sqft)Sold, March 2016: AED 1,700,000 (AED 1,291 per sqft)Sold, May 2023: AED 1,600,000 (AED 1,215 per sqft)

2902 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2902, each contractTypical two-bed in Murjan 1
100K2012201620202024Typical 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, September 2013: AED 110,000 a yearNew contract, January 2015: AED 130,000 a yearNew contract, May 2016: AED 125,000 a yearRenewal, May 2017: AED 120,000 a yearRenewal, May 2018: AED 115,000 a yearRenewal, May 2019: AED 100,000 a yearNew contract, December 2020: AED 74,599 a yearRenewal, December 2021: AED 75,000 a yearRenewal, December 2022: AED 82,500 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 2902 sits

All 128 2-beds →

2902 last sold in May 2023 at AED 1,215 per sqft, 12% below 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. 2902's AED 82,500 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 119K /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
29012-bedAED 2.2M · 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

2902, Murjan 1 in numbers

  • Sold 5 times: first on 4 November 2007 for AED 820,000, last on 31 May 2023 for AED 1,600,000 (AED 1,215 per sqft).
  • Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 74,599 in 2020 and recovered to AED 82,500 by December 2022.
  • At AED 82,500 a year the gross yield on the 2023 price is 5.2%, 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 2902, Murjan 1

What did unit 2902 last sell for?

AED 1,600,000 on 31 May 2023: AED 1,215 per sqft for 1,317 sqft. The unit has 5 registered sales; the first was AED 820,000 in November 2007.

What is the rent for unit 2902?

AED 82,500 a year on the contract renewed on 9 December 2022. The previous contract, from December 2021, was AED 75,000; the unit has been rented since September 2013.

How big is unit 2902?

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 2902 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 2902, Murjan 1

Starts from the last sale price (AED 1.6M, 31 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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