1-bed · 1,106 sqftMurjan 1, Jumeirah Beach Residence · 6th floor · completed 2007

604, Murjan 1

Sold prices and rental history: sold 3 times, last in November 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 1.45M18 November 2021
Current rentAED 115K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Murjan 1

What is 604 worth today?

Last sold for AED 1,450,000 in 2021

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15 May 2024RentedRenewal
AED 115,000/yr12 months · AED 104 per sqft
15 May 2023RentedNew contract
AED 115,000/yr12 months · AED 104 per sqft
18 Nov 2021SoldReady
AED 1,450,000AED 1,311 per sqft
15 May 2019RentedRenewal
AED 105,000/yr12 months · AED 95 per sqft
15 May 2018RentedRenewal
AED 110,000/yr12 months · AED 99 per sqft
15 May 2017RentedNew contract
AED 110,000/yr12 months · AED 99 per sqft
20 Feb 2014RentedNew contract
AED 125,000/yr12 months · AED 113 per sqft
7 Aug 2008SoldReady
AED 1,050,000AED 949 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
1-bed apartment
Size
1,106 sqft
Floor
6th of 47
Parking
B096
Developer
Dubai Properties
Completed
2007
Service charge
AED 16,500 /yr
Last sold
AED 1.45M · November 2021
Building
Murjan 1

About 604, Murjan 1

604 is a one-bedroom apartment of 1,106 sqft on the 6th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 18 November 2021 for AED 1,450,000, or AED 1,311 per sqft, 27% above the AED 1,035 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 15 May 2024, is AED 115,000 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 16,500 a year.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical one-bed in Murjan 1
1M2M20072012201720222027Typical sale price by year: 2007 AED 560,000; 2008 AED 680,000; 2009 AED 900,000; 2010 AED 800,000; 2011 AED 1,075,000; 2012 AED 1,064,000; 2013 AED 1,400,000; 2014 AED 1,550,000; 2015 AED 1,675,000; 2016 AED 1,475,000; 2017 AED 1,422,500; 2018 AED 1,390,000; 2020 AED 1,000,000; 2021 AED 1,145,000; 2022 AED 1,390,000; 2023 AED 1,480,000; 2024 AED 1,530,000; 2025 AED 1,675,000; 2026 AED 1,924,887Sold by developer, May 2008: AED 710,000 (AED 642 per sqft)Sold, August 2008: AED 1,050,000 (AED 949 per sqft)Sold, November 2021: AED 1,450,000 (AED 1,311 per sqft)

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

Rents
Unit 604, each contractTypical one-bed in Murjan 1
100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 85,000; 2014 AED 95,000; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 65,000; 2021 AED 68,000; 2022 AED 77,000; 2023 AED 85,000; 2024 AED 96,000; 2025 AED 100,000; 2026 AED 100,000New contract, February 2014: AED 125,000 a yearNew contract, May 2017: AED 110,000 a yearRenewal, May 2018: AED 110,000 a yearRenewal, May 2019: AED 105,000 a yearNew contract, May 2023: AED 115,000 a yearRenewal, May 2024: AED 115,000 a year

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 604 sits

All 104 1-beds →

604 last sold in November 2021 at AED 1,311 per sqft, 27% above what one-beds in Murjan 1 were fetching at the time (AED 1,035). 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. 604's AED 115,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Aug 20261,513,517
20 Feb 20261,924,887
28 Jan 20262,000,000
27 Nov 20251,750,000
4 1-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 6th floor

All 340 units in Murjan 1
Value
6013-bedAED 699K · Nov 2011
6023-bedAED 1.2M · Aug 2008
6031-bedAED 960K · Dec 2011
6051-bedAED 645K · Feb 2009
6061-bedAED 2.25M · May 2025
6073-bedAED 2.5M · Apr 2013
6083-bedAED 699K · Feb 2010

604, Murjan 1 in numbers

  • Sold 3 times: first on 13 May 2008 for AED 710,000, last on 18 November 2021 for AED 1,450,000 (AED 1,311 per sqft).
  • Rented since February 2014 on 6 Ejari contracts, from AED 125,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2021 price is 7.9%, 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 604, Murjan 1

What did unit 604 last sell for?

AED 1,450,000 on 18 November 2021: AED 1,311 per sqft for 1,106 sqft. The unit has 3 registered sales; the first was AED 710,000 in May 2008.

What is the rent for unit 604?

AED 115,000 a year on the contract renewed on 15 May 2024. The previous contract, from May 2023, was AED 115,000; the unit has been rented since February 2014.

How big is unit 604?

1,106 sqft (102.8 sqm): a one-bedroom apartment on the 6th floor of a 47-storey tower completed in 2007.

What is unit 604 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 604, Murjan 1

Starts from the last sale price (AED 1.45M, 18 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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