2-bed · 1,317 sqftMurjan 1, Jumeirah Beach Residence · 40th floor · completed 2007

4008, Murjan 1

Sold prices and rental history: sold once, by the developer in September 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4008 · DLD and Ejari recordsUpdated 25 March 2025
Last soldAED 599K16 September 2014
Current rentAED 102K /yr25 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4008, Murjan 1

What is 4008 worth today?

Last sold for AED 599,000 in 2014

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25 Mar 2025RentedRenewal
AED 102,148/yr12 months · AED 78 per sqft
25 Mar 2025RentedRenewal
AED 102,148/yr12 months · AED 78 per sqft
25 Mar 2024RentedRenewal
AED 97,284/yr12 months · AED 74 per sqft
25 Mar 2023RentedRenewal
AED 88,440/yr12 months · AED 67 per sqft
25 Mar 2022RentedNew contract
AED 80,400/yr12 months · AED 61 per sqft
25 Mar 2021RentedNew contract
AED 67,000/yr12 months · AED 51 per sqft
6 Dec 2019RentedRenewal
AED 92,500/yr12 months · AED 70 per sqft
6 Dec 2018RentedNew contract
AED 92,500/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 25 March 2025.

Key facts

Type
2-bed apartment
Size
1,317 sqft
Floor
40th of 47
Parking
M020
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,600 /yr
Last sold
AED 599K · September 2014
Building
Murjan 1

About 4008, Murjan 1

4008 is a two-bedroom apartment of 1,317 sqft on the 40th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 16 September 2014 for AED 599,000, or AED 454 per sqft, 73% below the AED 1,670 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 25 March 2025, is AED 102,148 a year: a gross yield of 17.1% on the 2014 price, before the service charge of about AED 19,600 a year.

Sales and rents for 4008 over time

Sales
Unit 4008, 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, September 2014: AED 599,000 (AED 454 per sqft)

4008 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4008, 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, May 2015: AED 135,000 a yearNew contract, June 2016: AED 125,000 a yearNew contract, October 2017: AED 110,000 a yearNew contract, December 2018: AED 92,500 a yearRenewal, December 2019: AED 92,500 a yearNew contract, March 2021: AED 67,000 a yearNew contract, March 2022: AED 80,400 a yearRenewal, March 2023: AED 88,440 a yearRenewal, March 2024: AED 97,284 a yearRenewal, March 2025: AED 102,148 a yearRenewal, March 2025: AED 102,148 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 4008 sits

All 128 2-beds →

4008 last sold in September 2014 at AED 454 per sqft, 73% below 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. 4008's AED 102,148 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 118K /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
40062-bedAED 1.52M · Oct 2023
40072-bedAED 2.45M · Oct 2024

4008, Murjan 1 in numbers

  • Sold once: by Dubai Properties on 16 September 2014 for AED 599,000, or AED 454 per sqft.
  • Rented since May 2015 on 11 Ejari contracts. The rent fell from AED 135,000 to AED 67,000 in 2021 and recovered to AED 102,148 by March 2025.
  • At AED 102,148 a year the gross yield on the 2014 price is 17.1%, 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 25 March 2025.

Questions about 4008, Murjan 1

What did unit 4008 last sell for?

AED 599,000 on 16 September 2014, 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 4008?

AED 102,148 a year on the contract renewed on 25 March 2025. The previous contract, from March 2025, was AED 102,148; the unit has been rented since May 2015.

How big is unit 4008?

1,317 sqft (122.4 sqm): a two-bedroom apartment on the 40th floor of a 47-storey tower completed in 2007.

What is unit 4008 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 4008, Murjan 1

Starts from the last sale price (AED 599K, 16 September 2014). 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 →