3508, Murjan 1
Sold prices and rental history: sold 4 times, last in August 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3508, Murjan 1
What is 3508 worth today?
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Source: Dubai Land Department. Updated 26 July 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,317 sqft
- Floor
- 35th of 47
- Parking
- B185
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 19,600 /yr
- Last sold
- AED 2.42M · August 2014
- Building
- Murjan 1
About 3508, Murjan 1
3508 is a two-bedroom apartment of 1,317 sqft on the 35th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 10 August 2014 for AED 2,420,000, or AED 1,837 per sqft, 10% above the AED 1,670 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 26 July 2022, is AED 100,000 a year: a gross yield of 4.1% on the 2014 price, before the service charge of about AED 19,600 a year.
Sales and rents for 3508 over time
3508 has sold 4 times; 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 3508 sits
All 128 2-beds →3508 last sold in August 2014 at AED 1,837 per sqft, 10% above what two-beds in Murjan 1 were fetching at the time (AED 1,670). 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. 3508's AED 100,000 is in the lower 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 35th floor
All 340 units in Murjan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3501 | 2-bed | 1,317 sqft | AED 1.85MAED 1,850,000 · Oct 2022October 2022 | 100,000 /yr | |
| 3502 | 2-bed | 1,317 sqft | AED 2.05MAED 2,046,196 · Jul 2026July 2026 | 129,999 /yr | |
| 3503 | 2-bed | 1,393 sqft | AED 2.45MAED 2,450,000 · Jun 2016June 2016 | ||
| 3504 | 2-bed | 1,393 sqft | AED 2.28MAED 2,280,000 · Oct 2023October 2023 | 100,000 /yr | |
| 3505 | 2-bed | 1,393 sqft | AED 1.65MAED 1,650,000 · Jan 2013January 2013 | 105,000 /yr | |
| 3506 | 2-bed | 1,393 sqft | AED 1.11MAED 1,106,700 · Dec 2009December 2009 | 130,000 /yr | |
| 3507 | 2-bed | 1,317 sqft | AED 1.85MAED 1,850,000 · Jun 2026June 2026 | 114,000 /yr |
3508, Murjan 1 in numbers
- Sold 4 times: first on 8 January 2008 for AED 360,000, last on 10 August 2014 for AED 2,420,000 (AED 1,837 per sqft).
- Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 65,000 in 2020 and recovered to AED 100,000 by July 2022.
- At AED 100,000 a year the gross yield on the 2014 price is 4.1%, 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 26 July 2022.
Questions about 3508, Murjan 1
What did unit 3508 last sell for?
AED 2,420,000 on 10 August 2014: AED 1,837 per sqft for 1,317 sqft. The unit has 4 registered sales; the first was AED 360,000 in January 2008.
What is the rent for unit 3508?
AED 100,000 a year on the contract signed on 26 July 2022. The previous contract, from July 2021, was AED 70,000; the unit has been rented since September 2013.
How big is unit 3508?
1,317 sqft (122.4 sqm): a two-bedroom apartment on the 35th floor of a 47-storey tower completed in 2007.
What is unit 3508 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 3508, Murjan 1
Starts from the last sale price (AED 2.42M, 10 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,420,000
- Deposit, UAE resident (20%)
- AED 484,000
- Deposit, non-resident (40%)
- AED 968,000
- Monthly over 25 years at 3.7%
- AED 9,901
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →