506, Murjan 1
Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Murjan 1
What is 506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 31 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,106 sqft
- Floor
- 5th of 47
- Parking
- M127
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 16,500 /yr
- Last sold
- AED 1.39M · December 2024
- Building
- Murjan 1
About 506, Murjan 1
506 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 31 December 2024 for AED 1,385,000, or AED 1,252 per sqft, 9% below the AED 1,383 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 20 July 2021, is AED 60,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 16,500 a year.
Sales and rents for 506 over time
506 has sold 3 times; 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 506 sits
All 104 1-beds →506 last sold in December 2024 at AED 1,252 per sqft, 9% below what one-beds in Murjan 1 were fetching at the time (AED 1,383). 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. 506's AED 60,000 is in the lower 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 | |
| 505 | 1-bed | 1,106 sqft | AED 1.2MAED 1,200,000 · Aug 2009August 2009 | 89,759 /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 |
506, Murjan 1 in numbers
- Sold 3 times: first on 2 February 2010 for AED 828,000, last on 31 December 2024 for AED 1,385,000 (AED 1,252 per sqft).
- Rented since June 2016 on 5 Ejari contracts, from AED 100,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2024 price is 4.3%, 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 31 December 2024.
Questions about 506, Murjan 1
What did unit 506 last sell for?
AED 1,385,000 on 31 December 2024: AED 1,252 per sqft for 1,106 sqft. The unit has 3 registered sales; the first was AED 828,000 in February 2010.
What is the rent for unit 506?
AED 60,000 a year on the contract signed on 20 July 2021. The previous contract, from May 2019, was AED 100,000; the unit has been rented since June 2016.
How big is unit 506?
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 506 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.
Selling 506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 506, Murjan 1
Starts from the last sale price (AED 1.39M, 31 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,385,000
- Deposit, UAE resident (20%)
- AED 277,000
- Deposit, non-resident (40%)
- AED 554,000
- Monthly over 25 years at 3.7%
- AED 5,666
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →