505, Murjan 1
Sold prices and rental history: sold twice, last in August 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Murjan 1
What is 505 worth today?
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Source: Dubai Land Department. Updated 15 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,106 sqft
- Floor
- 5th of 47
- Parking
- M147
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 16,500 /yr
- Last sold
- AED 1.2M · August 2009
- Building
- Murjan 1
About 505, Murjan 1
505 is a one-bedroom apartment of 1,106 sqft on the 5th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 11 August 2009 for AED 1,200,000, or AED 1,085 per sqft, 33% above the AED 814 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 15 May 2024, is AED 89,759 a year: a gross yield of 7.5% on the 2009 price, before the service charge of about AED 16,500 a year.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Murjan 1, and where 505 sits
All 104 1-beds →505 last sold in August 2009 at AED 1,085 per sqft, 33% above what one-beds in Murjan 1 were fetching at the time (AED 814). Over the last 12 months one-beds sold for AED 1,513,517 to 2,000,000, around AED 1,662 per sqft, and rent for AED 40,000 to 130,000 a year. 505's AED 89,759 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 1,106 sqft | 1,513,517 | 1,369 | ||
| 20 Feb 202620 February 2026 | 1,106 sqft | 1,924,887 | 1,741 | ||
| 28 Jan 202628 January 2026 | 1,106 sqft | 2,000,000 | 1,809 | ||
| 27 Nov 202527 November 2025 | 1,106 sqft | 1,750,000 | 1,582 |
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 5th floor
All 340 units in Murjan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,922 sqft | AED 1.71MAED 1,711,111 · Feb 2021February 2021 | 150,000 /yr | |
| 502 | 3-bed | 1,922 sqft | AED 2.04MAED 2,035,000 · May 2015May 2015 | ||
| 503 | 1-bed | 1,106 sqft | AED 449KAED 449,000 · Jun 2009June 2009 | 115,000 /yr | |
| 504 | 1-bed | 1,106 sqft | AED 560KAED 560,000 · Feb 2013February 2013 | 112,000 /yr | |
| 506 | 1-bed | 1,106 sqft | AED 1.39MAED 1,385,000 · Dec 2024December 2024 | 60,000 /yr | |
| 507 | 3-bed | 1,922 sqft | AED 699KAED 699,000 · Sep 2013September 2013 | 160,000 /yr | |
| 508 | 3-bed | 1,922 sqft | AED 2.68MAED 2,675,000 · Jul 2026July 2026 | 240,000 /yr |
505, Murjan 1 in numbers
- Sold twice: first on 20 July 2009 for AED 1,140,000, last on 11 August 2009 for AED 1,200,000 (AED 1,085 per sqft).
- Rented since March 2014 on 4 Ejari contracts, from AED 95,000 to AED 89,759 a year.
- At AED 89,759 a year the gross yield on the 2009 price is 7.5%, before a service charge of about AED 16,500 a year (AED 14.89 per sqft).
- One-beds in Murjan 1 sold for AED 1,513,517–2,000,000 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 15 May 2024.
Questions about 505, Murjan 1
What did unit 505 last sell for?
AED 1,200,000 on 11 August 2009: AED 1,085 per sqft for 1,106 sqft. The unit has 2 registered sales; the first was AED 1,140,000 in July 2009.
What is the rent for unit 505?
AED 89,759 a year on the contract signed on 15 May 2024. The previous contract, from April 2019, was AED 96,000; the unit has been rented since March 2014.
How big is unit 505?
1,106 sqft (102.8 sqm): a one-bedroom apartment on the 5th floor of a 47-storey tower completed in 2007.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Murjan 1 sold for AED 1,513,517 to 2,000,000 in the last 12 months, around AED 1,662 per sqft.
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Mortgage on 505, Murjan 1
Starts from the last sale price (AED 1.2M, 11 August 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →