PropertyIndex

Murjan 1

In Progress · Date not reported|1,185 units · 6 towers · 1 podium

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Murjan 1 is an in-progress apartment development in Jumeirah Beach Residence, Marsa Dubai, comprising 1,185 registered units. 2,488 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,551 per sqft. At AED 1,551 per sqft, Murjan 1 prices 24% below the Jumeirah Beach Residence average of AED 2,028 per sqft on registered sales.

PIX© price · 4.1% YoY
2.33MAED
Typical
1,551AED
PSF
Gross yield
6.0%
PIX© rent ÷ PIX© price
Sale records
2,488
DLD · all time
Rent contracts
8,601
Ejari · all time
Murjan 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
398 – 5,908 sqft
1,1852.33M1,5514.1%140K6.0%
Residential
Studio · Apartment
398 – 1,736 sqft
186
1 Bed · Apartment
467 – 1,627 sqft
249
2 Bed · Apartment
1,317 – 1,955 sqft
238
3 Bed · Apartment
1,736 – 2,673 sqft
342
4 Bed · Apartment
1,627 – 5,908 sqft
118
Penthouse · Apartment
1,241 – 2,213 sqft
Commercial
Shop
551 – 3,200 sqft
52
Sales — Project-Wide2,488 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
11 Aug 20261 BedFloor 211,0742,100,0001,956+30.0%PremiumStandard Sale
5 Aug 20262 BedFloor 261,4702,450,0001,667+7.7%StandardStandard Sale
29 Jul 20263 BedFloor 51,9222,675,0001,392StandardStandard Sale
Rentals — Project-Wide8,601 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 1,145 rentals
Floors 1-26 · 903 rentals
Floors 27-46 · 242 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 20262 BedFloor 311,317105,00080-32.8%Entry Levelnew
15 Aug 20263 BedMurjan 4 · Floor UP042,665217,89582-8.0%Standardrenewal
15 Aug 20263 BedFloor 31,882145,00077-3.3%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Jumeirah Beach Residence

The closest-priced registered projects in Jumeirah Beach Residence.

Common questions about Murjan 1

Answered from Dubai Land Department registered transactions.

How much does a property in Murjan 1 cost?

Property in Murjan 1 sells at a current PIX© price of AED 1,551 per sqft, or about AED 2,334,244 for a typical unit, based on 2,488 sales registered with the Dubai Land Department.

When is Murjan 1 handing over?

Murjan 1 is under construction.

What is the rental yield in Murjan 1?

Murjan 1 yields 6.0% gross, calculated from current PIX© rent against current PIX© sale price, across 8,601 registered Ejari contracts.

How many units are in Murjan 1?

Murjan 1 holds 1,185 registered units across 6 towers, per the Dubai Land Department unit register.

Have prices in Murjan 1 gone up or down?

Price per sqft has fallen -4.1% over the last 12 months, to AED 1,551, across 2,488 registered sales.