1-bed · 1,106 sqftMurjan 1, Jumeirah Beach Residence · 7th floor · completed 2007

703, Murjan 1

Sold prices and rental history: sold twice, last in October 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 25 March 2026
Last soldAED 1.45M12 October 2021
Current rentAED 110K /yr25 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Murjan 1

What is 703 worth today?

Last sold for AED 1,450,000 in 2021

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25 Mar 2026RentedRenewal
AED 110,486/yr13 months · AED 101 per sqft
25 Mar 2025RentedNew contract
AED 120,000/yr12 months · AED 108 per sqft
25 Mar 2025RentedNew contract
AED 120,000/yr12 months · AED 108 per sqft
5 Oct 2023RentedRenewal
AED 130,000/yr6 months · AED 117 per sqft
5 Oct 2022RentedNew contract
AED 100,000/yr12 months · AED 90 per sqft
12 Oct 2021SoldReady
AED 1,450,000AED 1,311 per sqft
1 Mar 2021RentedRenewal
AED 90,000/yr12 months · AED 81 per sqft
1 Mar 2019RentedRenewal
AED 90,000/yr24 months · AED 81 per sqft

Source: Dubai Land Department. Updated 25 March 2026.

Key facts

Type
1-bed apartment
Size
1,106 sqft
Floor
7th of 47
Parking
B114
Developer
Dubai Properties
Completed
2007
Service charge
AED 16,500 /yr
Last sold
AED 1.45M · October 2021
Building
Murjan 1

About 703, Murjan 1

703 is a one-bedroom apartment of 1,106 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 12 October 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 2013 on 12 Ejari contracts. The current contract, renewed on 25 March 2026, is AED 110,486 a year: a gross yield of 7.6% on the 2021 price, before the service charge of about AED 16,500 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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 415,000 (AED 375 per sqft)Sold, October 2021: AED 1,450,000 (AED 1,311 per sqft)

703 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 703, 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, April 2013: AED 90,000 a yearNew contract, April 2015: AED 90,000 a yearNew contract, March 2016: AED 90,000 a yearRenewal, March 2017: AED 90,000 a yearRenewal, March 2018: AED 90,000 a yearRenewal, March 2019: AED 90,000 a yearRenewal, March 2021: AED 90,000 a yearNew contract, October 2022: AED 100,000 a yearRenewal, October 2023: AED 130,000 a yearNew contract, March 2025: AED 120,000 a yearNew contract, March 2025: AED 120,000 a yearRenewal, March 2026: AED 110,486 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 703 sits

All 104 1-beds →

703 last sold in October 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. 703's AED 110,486 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 7th floor

All 340 units in Murjan 1
Value
7013-bedAED 2.38M · Dec 2016
7023-bedAED 1.9M · Feb 2022
7041-bedAED 415K · Nov 2007
7051-bedAED 1.8M · Mar 2008
7061-bedAED 1.45M · Dec 2016
7073-bedAED 699K · Oct 2012
7083-bedAED 2.83M · Aug 2025

703, Murjan 1 in numbers

  • Sold twice: first on 25 May 2008 for AED 415,000, last on 12 October 2021 for AED 1,450,000 (AED 1,311 per sqft).
  • Rented since April 2013 on 12 Ejari contracts, from AED 90,000 to AED 110,486 a year.
  • At AED 110,486 a year the gross yield on the 2021 price is 7.6%, 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 25 March 2026.

Questions about 703, Murjan 1

What did unit 703 last sell for?

AED 1,450,000 on 12 October 2021: AED 1,311 per sqft for 1,106 sqft. The unit has 2 registered sales; the first was AED 415,000 in May 2008.

What is the rent for unit 703?

AED 110,486 a year on the contract renewed on 25 March 2026. The previous contract, from March 2025, was AED 120,000; the unit has been rented since April 2013.

How big is unit 703?

1,106 sqft (102.8 sqm): a one-bedroom apartment on the 7th floor of a 47-storey tower completed in 2007.

What is unit 703 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 703, Murjan 1

Starts from the last sale price (AED 1.45M, 12 October 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 →