1-bed · 1,106 sqftMurjan 1, Jumeirah Beach Residence · 3rd floor · completed 2007

306, Murjan 1

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 31 March 2026
Last soldAED 1.51M1 October 2024
Current rentAED 120K /yr31 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Murjan 1

What is 306 worth today?

Last sold for AED 1,510,000 in 2024

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31 Mar 2026RentedNew contract
AED 120,000/yr12 months · AED 108 per sqft
1 Oct 2024SoldReady
AED 1,510,000AED 1,365 per sqft
1 Sep 2023RentedRenewal
AED 77,000/yr12 months · AED 70 per sqft
1 Sep 2022RentedRenewal
AED 70,000/yr12 months · AED 63 per sqft
1 Sep 2021RentedRenewal
AED 67,000/yr12 months · AED 61 per sqft
1 Sep 2020RentedNew contract
AED 60,000/yr12 months · AED 54 per sqft
1 Aug 2019RentedNew contract
AED 70,000/yr12 months · AED 63 per sqft
14 May 2018RentedRenewal
AED 85,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 31 March 2026.

Key facts

Type
1-bed apartment
Size
1,106 sqft
Floor
3rd of 47
Parking
B125
Developer
Dubai Properties
Completed
2007
Service charge
AED 16,500 /yr
Last sold
AED 1.51M · October 2024
Building
Murjan 1

About 306, Murjan 1

306 is a one-bedroom apartment of 1,106 sqft on the 3rd floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 October 2024 for AED 1,510,000, or AED 1,365 per sqft, in line with the AED 1,365 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 31 March 2026, is AED 120,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 16,500 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, March 2008: AED 577,500 (AED 522 per sqft)Sold, October 2024: AED 1,510,000 (AED 1,365 per sqft)

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

Rents
Unit 306, 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, October 2013: AED 73,500 a yearNew contract, December 2014: AED 110,000 a yearRenewal, December 2015: AED 110,000 a yearNew contract, May 2017: AED 100,000 a yearRenewal, May 2018: AED 85,000 a yearNew contract, August 2019: AED 70,000 a yearNew contract, September 2020: AED 60,000 a yearRenewal, September 2021: AED 67,000 a yearRenewal, September 2022: AED 70,000 a yearRenewal, September 2023: AED 77,000 a yearNew contract, March 2026: AED 120,000 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 306 sits

All 104 1-beds →

306 last sold in October 2024 at AED 1,365 per sqft, in line with what one-beds in Murjan 1 were fetching at the time (AED 1,365). 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. 306's AED 120,000 is in the upper 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 3rd floor

All 340 units in Murjan 1
Value
3013-bedAED 2.8M · Aug 2025
3023-bedAED 2.32M · May 2025
3031-bedAED 1.4M · Jan 2016
3041-bedAED 1.3M · Feb 2014
3051-bedAED 1.5M · Mar 2024
3073-bedAED 2.63M · May 2015
3083-bedAED 699K · Apr 2013

306, Murjan 1 in numbers

  • Sold twice: first on 23 March 2008 for AED 577,500, last on 1 October 2024 for AED 1,510,000 (AED 1,365 per sqft).
  • Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 73,500 to AED 60,000 in 2020 and recovered to AED 120,000 by March 2026.
  • At AED 120,000 a year the gross yield on the 2024 price is 8.0%, 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 31 March 2026.

Questions about 306, Murjan 1

What did unit 306 last sell for?

AED 1,510,000 on 1 October 2024: AED 1,365 per sqft for 1,106 sqft. The unit has 2 registered sales; the first was AED 577,500 in March 2008.

What is the rent for unit 306?

AED 120,000 a year on the contract signed on 31 March 2026. The previous contract, from September 2023, was AED 77,000; the unit has been rented since October 2013.

How big is unit 306?

1,106 sqft (102.8 sqm): a one-bedroom apartment on the 3rd floor of a 47-storey tower completed in 2007.

What is unit 306 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 306, Murjan 1

Starts from the last sale price (AED 1.51M, 1 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,510,000
Deposit, UAE resident (20%)
AED 302,000
Deposit, non-resident (40%)
AED 604,000
Monthly over 25 years at 3.7%
AED 6,178

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