Studio · 714 sqftMurjan 2, Jumeirah Beach Residence · 10th floor · completed 2007

1005, Murjan 2

Sold prices and rental history: sold 3 times, last in May 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 19 May 2021
Last soldAED 800K19 May 2021
Current rentAED 45K /yr2 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Murjan 2

What is 1005 worth today?

Last sold for AED 800,000 in 2021

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19 May 2021SoldReady
AED 800,000AED 1,120 per sqft
2 Sep 2020RentedNew contract
AED 45,000/yr12 months · AED 63 per sqft
30 Jun 2019RentedNew contract
AED 56,000/yr12 months · AED 78 per sqft
6 Mar 2017RentedNew contract
AED 85,000/yr12 months · AED 119 per sqft
12 May 2016RentedNew contract
AED 80,000/yr12 months · AED 112 per sqft
9 Mar 2015RentedNew contract
AED 89,000/yr12 months · AED 125 per sqft
16 Jan 2014RentedNew contract
AED 84,000/yr12 months · AED 118 per sqft
21 Nov 2013SoldReady
AED 950,000AED 1,330 per sqft

Source: Dubai Land Department. Updated 19 May 2021.

Key facts

Type
Studio apartment
Size
714 sqft
Floor
10th of 28
Parking
B554
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 800K · May 2021
Building
Murjan 2

About 1005, Murjan 2

1005 is a studio of 714 sqft on the 10th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 19 May 2021 for AED 800,000, or AED 1,120 per sqft, 28% above the AED 875 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 2 September 2020, is AED 45,000 a year: a gross yield of 5.6% on the 2021 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical studio in Murjan 2
500K1M20072012201720222027Typical sale price by year: 2007 AED 299,000; 2008 AED 610,000; 2009 AED 299,000; 2010 AED 299,000; 2011 AED 575,000; 2012 AED 725,000; 2013 AED 872,500; 2014 AED 1,225,000; 2015 AED 1,080,000; 2016 AED 1,090,000; 2017 AED 1,112,500; 2018 AED 1,000,000; 2019 AED 890,000; 2020 AED 600,000; 2021 AED 920,000; 2022 AED 1,100,000; 2023 AED 1,125,000; 2024 AED 1,130,000; 2025 AED 1,203,829; 2026 AED 1,212,500Sold by developer, August 2008: AED 299,000 (AED 418 per sqft)Sold, November 2013: AED 950,000 (AED 1,330 per sqft)Sold, May 2021: AED 800,000 (AED 1,120 per sqft)

1005 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1005, each contractTypical studio in Murjan 2
40K60K80K2012201620202024Typical rent by year: 2012 AED 50,875; 2013 AED 66,000; 2014 AED 76,384; 2015 AED 80,000; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 69,806; 2019 AED 60,000; 2020 AED 48,000; 2021 AED 48,000; 2022 AED 55,000; 2023 AED 67,750; 2024 AED 75,000; 2025 AED 78,000; 2026 AED 72,930New contract, January 2014: AED 84,000 a yearNew contract, March 2015: AED 89,000 a yearNew contract, May 2016: AED 80,000 a yearNew contract, March 2017: AED 85,000 a yearNew contract, June 2019: AED 56,000 a yearNew contract, September 2020: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Murjan 2, and where 1005 sits

All 158 studios →

1005 last sold in May 2021 at AED 1,120 per sqft, 28% above what studios in Murjan 2 were fetching at the time (AED 875). Over the last 12 months studios sold for AED 1,100,000 to 1,550,000, around AED 1,698 per sqft, and rent for AED 50,000 to 150,000 a year. 1005's AED 45,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Oct 20261,100,000
8 Oct 20261,225,000
7 Sep 20261,100,000
22 Jul 20261,150,000
8 studio sales in the last 12 months

Murjan 2

Building

278 apartments, studios to 4-bed over 28 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 15 sold in the last 12 months.

Typical price per sqft
AED 1,680 Up 0.8%
Typical sale
AED 1.55M
Typical rent
AED 85K /yr
Typical yield
5.7%
Murjan 2, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 10th floor

All 278 units in Murjan 2
Value
10011-bedAED 449K · Sep 2013
10021-bedAED 1.9M · Apr 2014
1003StudioAED 1.2M · Jan 2017
1004StudioAED 1.21M · Jul 2017
1006StudioAED 1M · Jan 2008
1007StudioAED 1.04M · Apr 2024
1008StudioAED 1.15M · Jan 2025
1–7 of 11

1005, Murjan 2 in numbers

  • Sold 3 times: first on 27 August 2008 for AED 299,000, last on 19 May 2021 for AED 800,000 (AED 1,120 per sqft).
  • Rented since January 2014 on 6 Ejari contracts, from AED 84,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2021 price is 5.6%, before a service charge of about AED 13,900 a year (AED 19.53 per sqft).
  • Studios in Murjan 2 sold for AED 1,100,000–1,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,680 per sqft.

Source: Dubai Land Department. Updated 19 May 2021.

Questions about 1005, Murjan 2

What did unit 1005 last sell for?

AED 800,000 on 19 May 2021: AED 1,120 per sqft for 714 sqft. The unit has 3 registered sales; the first was AED 299,000 in August 2008.

What is the rent for unit 1005?

AED 45,000 a year on the contract signed on 2 September 2020. The previous contract, from June 2019, was AED 56,000; the unit has been rented since January 2014.

How big is unit 1005?

714 sqft (66.3 sqm): a studio on the 10th floor of a 28-storey tower completed in 2007.

What is unit 1005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Murjan 2 sold for AED 1,100,000 to 1,550,000 in the last 12 months, around AED 1,698 per sqft.

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Mortgage on 1005, Murjan 2

Starts from the last sale price (AED 800K, 19 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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