701, Murjan 1
Sold prices and rental history: sold 3 times, last in December 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Murjan 1
What is 701 worth today?
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Source: Dubai Land Department. Updated 6 December 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,922 sqft
- Floor
- 7th of 47
- Parking
- G275-276
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,600 /yr
- Last sold
- AED 2.38M · December 2016
- Building
- Murjan 1
About 701, Murjan 1
701 is a three-bedroom apartment of 1,922 sqft on the 7th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 13 December 2016 for AED 2,380,000, or AED 1,238 per sqft, 4% above the AED 1,196 three-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 6 December 2024, is AED 200,000 a year: a gross yield of 8.4% on the 2016 price, before the service charge of about AED 28,600 a year.
Sales and rents for 701 over time
701 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Murjan 1, and where 701 sits
All 103 3-beds →701 last sold in December 2016 at AED 1,238 per sqft, 4% above what three-beds in Murjan 1 were fetching at the time (AED 1,196). Over the last 12 months three-beds sold for AED 900,000 to 3,050,000, around AED 1,328 per sqft, and rent for AED 100,000 to 250,000 a year. 701's AED 200,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 1,922 sqft | 2,500,000 | 1,301 | ||
| 27 Aug 202627 August 2026 | 1,922 sqft | 2,605,000 | 1,355 | ||
| 29 Jul 202629 July 2026 | 1,922 sqft | 2,675,000 | 1,392 | ||
| 17 Jul 202617 July 2026 | 1,922 sqft | 2,500,000 | 1,301 |
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 7th floor
All 340 units in Murjan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 1,922 sqft | AED 1.9MAED 1,900,000 · Feb 2022February 2022 | 180,000 /yr | |
| 703 | 1-bed | 1,106 sqft | AED 1.45MAED 1,450,000 · Oct 2021October 2021 | 110,486 /yr | |
| 704 | 1-bed | 1,106 sqft | AED 415KAED 415,000 · Nov 2007November 2007 | 80,000 /yr | |
| 705 | 1-bed | 1,106 sqft | AED 1.8MAED 1,800,000 · Mar 2008March 2008 | 95,000 /yr | |
| 706 | 1-bed | 1,106 sqft | AED 1.45MAED 1,450,000 · Dec 2016December 2016 | 95,000 /yr | |
| 707 | 3-bed | 1,922 sqft | AED 699KAED 699,000 · Oct 2012October 2012 | 138,000 /yr | |
| 708 | 3-bed | 1,922 sqft | AED 2.83MAED 2,825,000 · Aug 2025August 2025 |
701, Murjan 1 in numbers
- Sold 3 times: first on 8 September 2008 for AED 699,000, last on 13 December 2016 for AED 2,380,000 (AED 1,238 per sqft).
- Rented since October 2022 on 4 Ejari contracts, from AED 160,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2016 price is 8.4%, before a service charge of about AED 28,600 a year (AED 14.89 per sqft).
- Three-beds in Murjan 1 sold for AED 900,000–3,050,000 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 6 December 2024.
Questions about 701, Murjan 1
What did unit 701 last sell for?
AED 2,380,000 on 13 December 2016: AED 1,238 per sqft for 1,922 sqft. The unit has 3 registered sales; the first was AED 699,000 in September 2008.
What is the rent for unit 701?
AED 200,000 a year on the contract signed on 6 December 2024. The previous contract, from November 2023, was AED 190,000; the unit has been rented since October 2022.
How big is unit 701?
1,922 sqft (178.6 sqm): a three-bedroom apartment on the 7th floor of a 47-storey tower completed in 2007.
What is unit 701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Murjan 1 sold for AED 900,000 to 3,050,000 in the last 12 months, around AED 1,328 per sqft.
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Mortgage on 701, Murjan 1
Starts from the last sale price (AED 2.38M, 13 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,380,000
- Deposit, UAE resident (20%)
- AED 476,000
- Deposit, non-resident (40%)
- AED 952,000
- Monthly over 25 years at 3.7%
- AED 9,737
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →