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

907, Murjan 1

Sold prices and rental history: sold twice, last in August 2017, and rented once, from August 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 907 · DLD and Ejari recordsUpdated 2 August 2017
Last soldAED 2.55M2 August 2017
Current rentAED 155K /yr10 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 907, Murjan 1

What is 907 worth today?

Last sold for AED 2,550,000 in 2017

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2 Aug 2017SoldReady
AED 2,550,000AED 1,327 per sqft
10 Aug 2016RentedNew contract
AED 155,000/yr12 months · AED 80 per sqft
23 Feb 2016Sold by developerReady
AED 699,000AED 363 per sqft

Source: Dubai Land Department. Updated 2 August 2017.

Key facts

Type
3-bed apartment
Size
1,922 sqft
Floor
9th of 47
Parking
M050-051
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,600 /yr
Last sold
AED 2.55M · August 2017
Building
Murjan 1

About 907, Murjan 1

907 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 2 August 2017 for AED 2,550,000, or AED 1,327 per sqft, 9% above the AED 1,222 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 August 2016. The current contract, signed on 10 August 2016, is AED 155,000 a year: a gross yield of 6.1% on the 2017 price, before the service charge of about AED 28,600 a year.

Sales and rents for 907 over time

Sales
Unit 907, 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, February 2016: AED 699,000 (AED 363 per sqft)Sold, August 2017: AED 2,550,000 (AED 1,327 per sqft)

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

Rents
Unit 907, 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, August 2016: AED 155,000 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 907 sits

All 103 3-beds →

907 last sold in August 2017 at AED 1,327 per sqft, 9% above what three-beds in Murjan 1 were fetching at the time (AED 1,222). 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. 907's AED 155,000 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
9013-bedAED 1.13M · Nov 2012
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
9083-bedAED 350K · Oct 2008

907, Murjan 1 in numbers

  • Sold twice: first on 23 February 2016 for AED 699,000, last on 2 August 2017 for AED 2,550,000 (AED 1,327 per sqft).
  • Rented since August 2016 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2017 price is 6.1%, 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 2 August 2017.

Questions about 907, Murjan 1

What did unit 907 last sell for?

AED 2,550,000 on 2 August 2017: AED 1,327 per sqft for 1,922 sqft. The unit has 2 registered sales; the first was AED 699,000 in February 2016.

What is the rent for unit 907?

AED 155,000 a year on the contract signed on 10 August 2016.

How big is unit 907?

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 907 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 907, Murjan 1

Starts from the last sale price (AED 2.55M, 2 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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