2-bed · 1,393 sqftMurjan 1, Jumeirah Beach Residence · 43rd floor · completed 2007

4305, Murjan 1

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4305 · DLD and Ejari recordsUpdated 22 November 2024
Last soldAED 2M22 November 2024
Current rentAED 140K /yr5 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4305, Murjan 1

What is 4305 worth today?

Last sold for AED 2,000,000 in 2024

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22 Nov 2024SoldReady
AED 2,000,000AED 1,435 per sqft
5 Dec 2016RentedRenewal
AED 140,000/yr12 months · AED 101 per sqft
5 Dec 2015RentedRenewal
AED 150,000/yr12 months · AED 108 per sqft
4 Dec 2014RentedNew contract
AED 149,598/yr12 months · AED 108 per sqft
12 Jun 2013RentedNew contract
AED 105,000/yr12 months · AED 75 per sqft
1 Nov 2012RentedNew contract
AED 110,000/yr12 months · AED 79 per sqft
21 Sep 2008SoldReady
AED 2,899,656AED 2,081 per sqft
25 Mar 2008Sold by developerReady
AED 299,500AED 214 per sqft

Source: Dubai Land Department. Updated 22 November 2024.

Key facts

Type
2-bed apartment
Size
1,393 sqft
Floor
43rd of 47
Parking
B173
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 2M · November 2024
Building
Murjan 1

About 4305, Murjan 1

4305 is a two-bedroom apartment of 1,393 sqft on the 43rd floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 22 November 2024 for AED 2,000,000, or AED 1,435 per sqft, 10% below the AED 1,594 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 5 December 2016, is AED 140,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 20,700 a year.

Sales and rents for 4305 over time

Sales
Unit 4305, each saleTypical two-bed in Murjan 1
02M20072012201720222027Typical 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 299,500 (AED 214 per sqft)Sold, September 2008: AED 2,899,656 (AED 2,081 per sqft)Sold, November 2024: AED 2,000,000 (AED 1,435 per sqft)

4305 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4305, each contractTypical two-bed in Murjan 1
100K150K2012201620202024Typical 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 2012: AED 110,000 a yearNew contract, June 2013: AED 105,000 a yearNew contract, December 2014: AED 149,598 a yearRenewal, December 2015: AED 150,000 a yearRenewal, December 2016: AED 140,000 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 4305 sits

All 128 2-beds →

4305 last sold in November 2024 at AED 1,435 per sqft, 10% below what two-beds in Murjan 1 were fetching at the time (AED 1,594). 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. 4305's AED 140,000 is in the upper 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 43rd floor

All 340 units in Murjan 1
Value
43012-bedAED 1.98M · Apr 2026
43022-bedAED 2.19M · Nov 2013
43032-bedAED 2.9M · May 2013
43042-bedAED 2.7M · Aug 2026
43062-bedAED 2.25M · Dec 2015
43072-bedAED 2.95M · Jun 2014
43082-bedAED 2.3M · Aug 2024

4305, Murjan 1 in numbers

  • Sold 3 times: first on 25 March 2008 for AED 299,500, last on 22 November 2024 for AED 2,000,000 (AED 1,435 per sqft).
  • Rented since November 2012 on 5 Ejari contracts, from AED 110,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2024 price is 7.0%, 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 22 November 2024.

Questions about 4305, Murjan 1

What did unit 4305 last sell for?

AED 2,000,000 on 22 November 2024: AED 1,435 per sqft for 1,393 sqft. The unit has 3 registered sales; the first was AED 299,500 in March 2008.

What is the rent for unit 4305?

AED 140,000 a year on the contract renewed on 5 December 2016. The previous contract, from December 2015, was AED 150,000; the unit has been rented since November 2012.

How big is unit 4305?

1,393 sqft (129.4 sqm): a two-bedroom apartment on the 43rd floor of a 47-storey tower completed in 2007.

What is unit 4305 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 4305, Murjan 1

Starts from the last sale price (AED 2M, 22 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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