3407, Murjan 1
Sold prices and rental history: sold once, by the developer in October 2008, 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 3407, Murjan 1
What is 3407 worth today?
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Source: Dubai Land Department. Updated 10 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,317 sqft
- Floor
- 34th of 47
- Parking
- M116
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 19,600 /yr
- Last sold
- AED 599K · October 2008
- Building
- Murjan 1
About 3407, Murjan 1
3407 is a two-bedroom apartment of 1,317 sqft on the 34th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 16 October 2008 for AED 599,000, or AED 454 per sqft, in line with the AED 454 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 10 January 2026, is AED 190,000 a year: a gross yield of 31.7% on the 2008 price, before the service charge of about AED 19,600 a year.
Sales and rents for 3407 over time
3407 has sold once; the dashed line is the two-bed median of each year in the building.
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 3407 sits
All 128 2-beds →3407 last sold in October 2008 at AED 454 per sqft, in line with what two-beds in Murjan 1 were fetching at the time (AED 454). 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. 3407's AED 190,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 1,393 sqft | 1,923,143 | 1,380 | ||
| 14 Oct 202614 October 2026 | 1,393 sqft | 1,925,000 | 1,381 | ||
| 27 Aug 202627 August 2026 | 1,393 sqft | 2,700,000 | 1,937 | ||
| 21 Aug 202621 August 2026 | 1,393 sqft | 2,660,000 | 1,909 |
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 34th floor
All 340 units in Murjan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3401 | 2-bed | 1,317 sqft | AED 2MAED 2,000,000 · Oct 2025October 2025 | 178,000 /yr | |
| 3402 | 2-bed | 1,317 sqft | AED 1.22MAED 1,222,222 · Apr 2021April 2021 | 100,000 /yr | |
| 3403 | 2-bed | 1,393 sqft | AED 599KAED 599,000 · Jun 2009June 2009 | 118,940 /yr | |
| 3404 | 2-bed | 1,393 sqft | AED 1.75MAED 1,750,000 · Apr 2019April 2019 | 160,000 /yr | |
| 3405 | 2-bed | 1,393 sqft | AED 850KAED 850,000 · Apr 2008April 2008 | 120,000 /yr | |
| 3406 | 2-bed | 1,393 sqft | AED 1.23MAED 1,225,000 · Dec 2011December 2011 | 110,000 /yr | |
| 3408 | 2-bed | 1,317 sqft | AED 1.51MAED 1,514,000 · Nov 2007November 2007 | 115,000 /yr |
3407, Murjan 1 in numbers
- Sold once: by Dubai Properties on 16 October 2008 for AED 599,000, or AED 454 per sqft.
- Rented since April 2016 on 10 Ejari contracts. The rent fell from AED 125,000 to AED 70,000 in 2020 and recovered to AED 190,000 by January 2026.
- At AED 190,000 a year the gross yield on the 2008 price is 31.7%, 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 10 January 2026.
Questions about 3407, Murjan 1
What did unit 3407 last sell for?
AED 599,000 on 16 October 2008, sold by the developer: AED 454 per sqft for 1,317 sqft. It is the only registered sale of the unit.
What is the rent for unit 3407?
AED 190,000 a year on the contract renewed on 10 January 2026. The previous contract, from January 2025, was AED 200,000; the unit has been rented since April 2016.
How big is unit 3407?
1,317 sqft (122.4 sqm): a two-bedroom apartment on the 34th floor of a 47-storey tower completed in 2007.
What is unit 3407 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 3407, Murjan 1
Starts from the last sale price (AED 599K, 16 October 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 599,000
- Deposit, UAE resident (20%)
- AED 119,800
- Deposit, non-resident (40%)
- AED 239,600
- Monthly over 25 years at 3.7%
- AED 2,451
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →