2-bed · 1,393 sqftMurjan 1, Jumeirah Beach Residence · 40th floor · completed 2007

4006, Murjan 1

Sold prices and rental history: sold twice, last in October 2023, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4006 · DLD and Ejari recordsUpdated 12 October 2023
Last soldAED 1.52M12 October 2023
Current rentAED 50K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4006, Murjan 1

What is 4006 worth today?

Last sold for AED 1,520,947 in 2023

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12 Oct 2023SoldReady
AED 1,520,947AED 1,091 per sqft
1 Nov 2020RentedNew contract
AED 50,000/yr60 months · AED 36 per sqft
31 Mar 2008Sold by developerReady
AED 425,000AED 305 per sqft

Source: Dubai Land Department. Updated 12 October 2023.

Key facts

Type
2-bed apartment
Size
1,393 sqft
Floor
40th of 47
Parking
B159
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 1.52M · October 2023
Building
Murjan 1

About 4006, Murjan 1

4006 is a two-bedroom apartment of 1,393 sqft on the 40th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 12 October 2023 for AED 1,520,947, or AED 1,091 per sqft, 31% below the AED 1,578 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2020. The current contract, signed on 1 November 2020, is AED 50,000 a year: a gross yield of 3.3% on the 2023 price, before the service charge of about AED 20,700 a year.

Sales and rents for 4006 over time

Sales
Unit 4006, 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, March 2008: AED 425,000 (AED 305 per sqft)Sold, October 2023: AED 1,520,947 (AED 1,091 per sqft)

4006 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4006, each contractTypical two-bed in Murjan 1
50K100K150K2012201620202024Typical 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, November 2020: AED 50,000 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 4006 sits

All 128 2-beds →

4006 last sold in October 2023 at AED 1,091 per sqft, 31% below what two-beds in Murjan 1 were fetching at the time (AED 1,578). 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. 4006's AED 50,000 is at the bottom 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 40th floor

All 340 units in Murjan 1
Value
40012-bedAED 2.27M · Jan 2014
40022-bedAED 1.53M · Jun 2021
40032-bedAED 599K · May 2009
40042-bedAED 2.55M · Aug 2024
40052-bedAED 2.65M · Nov 2014
40072-bedAED 2.45M · Oct 2024
40082-bedAED 599K · Sep 2014

4006, Murjan 1 in numbers

  • Sold twice: first on 31 March 2008 for AED 425,000, last on 12 October 2023 for AED 1,520,947 (AED 1,091 per sqft).
  • Rented since November 2020 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 3.3%, before a service charge of about AED 20,700 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 12 October 2023.

Questions about 4006, Murjan 1

What did unit 4006 last sell for?

AED 1,520,947 on 12 October 2023: AED 1,091 per sqft for 1,393 sqft. The unit has 2 registered sales; the first was AED 425,000 in March 2008.

What is the rent for unit 4006?

AED 50,000 a year on the contract signed on 1 November 2020.

How big is unit 4006?

1,393 sqft (129.4 sqm): a two-bedroom apartment on the 40th floor of a 47-storey tower completed in 2007.

What is unit 4006 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 4006, Murjan 1

Starts from the last sale price (AED 1.52M, 12 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,520,947
Deposit, UAE resident (20%)
AED 304,189
Deposit, non-resident (40%)
AED 608,379
Monthly over 25 years at 3.7%
AED 6,223

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