3-bed · 1,922 sqftMurjan 1, Jumeirah Beach Residence · 9th floor · completed 2007

901, Murjan 1

Sold prices and rental history: sold 3 times, last in November 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 30 May 2019
Last soldAED 1.13M21 November 2012
Current rentAED 130K /yr30 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, Murjan 1

What is 901 worth today?

Last sold for AED 1,125,000 in 2012

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30 May 2019RentedRenewal
AED 130,000/yr12 months · AED 67 per sqft
30 May 2018RentedNew contract
AED 150,000/yr12 months · AED 78 per sqft
30 May 2017RentedRenewal
AED 167,500/yr12 months · AED 87 per sqft
30 May 2016RentedRenewal
AED 175,000/yr12 months · AED 91 per sqft
30 May 2015RentedNew contract
AED 175,000/yr12 months · AED 91 per sqft
30 May 2014RentedNew contract
AED 170,000/yr12 months · AED 88 per sqft
10 Dec 2012RentedNew contract · flagged as an outlier
AED 22,920/yr4 months · AED 12 per sqft
21 Nov 2012SoldReady
AED 1,125,000AED 585 per sqft

Source: Dubai Land Department. Updated 30 May 2019.

Key facts

Type
3-bed apartment
Size
1,922 sqft
Floor
9th of 47
Parking
G268/G273
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,600 /yr
Last sold
AED 1.13M · November 2012
Building
Murjan 1

About 901, Murjan 1

901 is a three-bedroom apartment of 1,922 sqft on the 9th floor of Murjan 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 November 2012 for AED 1,125,000, or AED 585 per sqft, in line with the AED 585 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 30 May 2019, is AED 130,000 a year: a gross yield of 11.6% on the 2012 price, before the service charge of about AED 28,600 a year.

Sales and rents for 901 over time

Sales
Unit 901, each saleTypical three-bed in Murjan 1
1M2M3M20072012201720222027Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 699,000; 2010 AED 1,345,000; 2011 AED 1,280,000; 2012 AED 1,525,000; 2013 AED 1,678,000; 2014 AED 1,799,500; 2015 AED 2,575,000; 2016 AED 2,300,000; 2017 AED 1,990,000; 2020 AED 1,270,000; 2021 AED 1,755,556; 2022 AED 2,100,000; 2023 AED 2,360,000; 2024 AED 2,750,000; 2025 AED 2,825,000; 2026 AED 2,605,000Sold by developer, September 2007: AED 699,000 (AED 363 per sqft)Sold, April 2011: AED 1,442,000 (AED 750 per sqft)Sold, November 2012: AED 1,125,000 (AED 585 per sqft)

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

Rents
Unit 901, each contractTypical three-bed in Murjan 1
100K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 140,000; 2014 AED 160,000; 2015 AED 169,544; 2016 AED 165,000; 2017 AED 160,000; 2018 AED 147,839; 2019 AED 130,000; 2020 AED 110,000; 2021 AED 107,500; 2022 AED 129,000; 2023 AED 140,000; 2024 AED 160,000; 2025 AED 171,000; 2026 AED 165,000New contract, May 2014: AED 170,000 a yearNew contract, May 2015: AED 175,000 a yearRenewal, May 2016: AED 175,000 a yearRenewal, May 2017: AED 167,500 a yearNew contract, May 2018: AED 150,000 a yearRenewal, May 2019: AED 130,000 a year

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 901 sits

All 103 3-beds →

901 last sold in November 2012 at AED 585 per sqft, in line with what three-beds in Murjan 1 were fetching at the time (AED 585). 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. 901's AED 130,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20262,500,000
27 Aug 20262,605,000
29 Jul 20262,675,000
17 Jul 20262,500,000
10 3-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 9th floor

All 340 units in Murjan 1
Value
9023-bedAED 675K · Sep 2020
9031-bedAED 415K · Jun 2012
9041-bedAED 1.7M · Mar 2015
9051-bedAED 950K · Nov 2019
9061-bedAED 1.28M · Jul 2022
9073-bedAED 2.55M · Aug 2017
9083-bedAED 350K · Oct 2008

901, Murjan 1 in numbers

  • Sold 3 times: first on 9 September 2007 for AED 699,000, last on 21 November 2012 for AED 1,125,000 (AED 585 per sqft).
  • Rented since December 2012 on 7 Ejari contracts, from AED 22,920 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2012 price is 11.6%, 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 30 May 2019.

Questions about 901, Murjan 1

What did unit 901 last sell for?

AED 1,125,000 on 21 November 2012: AED 585 per sqft for 1,922 sqft. The unit has 3 registered sales; the first was AED 699,000 in September 2007.

What is the rent for unit 901?

AED 130,000 a year on the contract renewed on 30 May 2019. The previous contract, from May 2018, was AED 150,000; the unit has been rented since December 2012.

How big is unit 901?

1,922 sqft (178.6 sqm): a three-bedroom apartment on the 9th floor of a 47-storey tower completed in 2007.

What is unit 901 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 901, Murjan 1

Starts from the last sale price (AED 1.13M, 21 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,125,000
Deposit, UAE resident (20%)
AED 225,000
Deposit, non-resident (40%)
AED 450,000
Monthly over 25 years at 3.7%
AED 4,603

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