1-bed · 1,106 sqftMurjan 1, Jumeirah Beach Residence · 8th floor · completed 2007

803, Murjan 1

Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 13 September 2021
Last soldAED 1.54M13 September 2021
Current rentAED 70K /yr26 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Murjan 1

What is 803 worth today?

Last sold for AED 1,540,000 in 2021

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13 Sep 2021SoldReady
AED 1,540,000AED 1,392 per sqft
23 May 2021SoldReady
AED 1,240,000AED 1,121 per sqft
26 Dec 2020RentedNew contract
AED 70,000/yr12 months · AED 63 per sqft
26 Dec 2019RentedRenewal
AED 83,000/yr12 months · AED 75 per sqft
26 Dec 2018RentedNew contract
AED 83,000/yr12 months · AED 75 per sqft
1 Aug 2017RentedNew contract
AED 95,000/yr12 months · AED 86 per sqft
1 Dec 2016RentedNew contract
AED 88,751/yr12 months · AED 80 per sqft
15 Jun 2016Sold by developerReady
AED 415,000AED 375 per sqft

Source: Dubai Land Department. Updated 13 September 2021.

Key facts

Type
1-bed apartment
Size
1,106 sqft
Floor
8th of 47
Parking
B115
Developer
Dubai Properties
Completed
2007
Service charge
AED 16,500 /yr
Last sold
AED 1.54M · September 2021
Building
Murjan 1

About 803, Murjan 1

803 is a one-bedroom apartment of 1,106 sqft on the 8th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 13 September 2021 for AED 1,540,000, or AED 1,392 per sqft, 47% above the AED 949 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 26 December 2020, is AED 70,000 a year: a gross yield of 4.5% on the 2021 price, before the service charge of about AED 16,500 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, June 2016: AED 415,000 (AED 375 per sqft)Sold, May 2021: AED 1,240,000 (AED 1,121 per sqft)Sold, September 2021: AED 1,540,000 (AED 1,392 per sqft)

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

Rents
Unit 803, each contractTypical one-bed in Murjan 1
60K80K100K2012201620202024Typical 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, December 2013: AED 73,500 a yearNew contract, December 2016: AED 88,751 a yearNew contract, August 2017: AED 95,000 a yearNew contract, December 2018: AED 83,000 a yearRenewal, December 2019: AED 83,000 a yearNew contract, December 2020: AED 70,000 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 803 sits

All 104 1-beds →

803 last sold in September 2021 at AED 1,392 per sqft, 47% above what one-beds in Murjan 1 were fetching at the time (AED 949). 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. 803's AED 70,000 is in the lower 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 8th floor

All 340 units in Murjan 1
Value
8013-bedAED 2.5M · Oct 2026
8023-bedAED 699K · Feb 2013
8041-bedAED 560K · Jan 2009
8051-bedAED 415K · Mar 2011
8061-bedAED 1.5M · Apr 2024
8073-bedAED 2.36M · Jul 2023
8083-bedAED 2M · Jul 2021

803, Murjan 1 in numbers

  • Sold 3 times: first on 15 June 2016 for AED 415,000, last on 13 September 2021 for AED 1,540,000 (AED 1,392 per sqft).
  • Rented since December 2013 on 6 Ejari contracts, from AED 73,500 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 4.5%, 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 13 September 2021.

Questions about 803, Murjan 1

What did unit 803 last sell for?

AED 1,540,000 on 13 September 2021: AED 1,392 per sqft for 1,106 sqft. The unit has 3 registered sales; the first was AED 415,000 in June 2016.

What is the rent for unit 803?

AED 70,000 a year on the contract signed on 26 December 2020. The previous contract, from December 2019, was AED 83,000; the unit has been rented since December 2013.

How big is unit 803?

1,106 sqft (102.8 sqm): a one-bedroom apartment on the 8th floor of a 47-storey tower completed in 2007.

What is unit 803 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 803, Murjan 1

Starts from the last sale price (AED 1.54M, 13 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,540,000
Deposit, UAE resident (20%)
AED 308,000
Deposit, non-resident (40%)
AED 616,000
Monthly over 25 years at 3.7%
AED 6,301

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