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

1006, Murjan 2

Sold prices and rental history: sold 3 times, last in January 2008, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 28 March 2019
Last soldAED 1M21 January 2008
Current rentAED 68K /yr28 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, Murjan 2

What is 1006 worth today?

Last sold for AED 1,000,000 in 2008

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28 Mar 2019RentedRenewal
AED 67,500/yr12 months · AED 95 per sqft
1 Sep 2016RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
21 Jan 2008SoldReady
AED 1,000,000AED 1,400 per sqft
20 Nov 2007SoldReady
AED 800,000AED 1,120 per sqft
27 Sep 2007Sold by developerReady
AED 299,000AED 418 per sqft

Source: Dubai Land Department. Updated 28 March 2019.

Key facts

Type
Studio apartment
Size
714 sqft
Floor
10th of 28
Parking
B558
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 1M · January 2008
Building
Murjan 2

About 1006, Murjan 2

1006 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 21 January 2008 for AED 1,000,000, or AED 1,400 per sqft, 121% above the AED 633 studios in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 28 March 2019, is AED 67,500 a year: a gross yield of 6.8% on the 2008 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1006 over time

Sales
Unit 1006, 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, September 2007: AED 299,000 (AED 418 per sqft)Sold, November 2007: AED 800,000 (AED 1,120 per sqft)Sold, January 2008: AED 1,000,000 (AED 1,400 per sqft)

1006 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1006, each contractTypical studio in Murjan 2
60K80K2012201620202024Typical 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, September 2016: AED 75,000 a yearRenewal, March 2019: AED 67,500 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 1006 sits

All 158 studios →

1006 last sold in January 2008 at AED 1,400 per sqft, 121% above what studios in Murjan 2 were fetching at the time (AED 633). 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. 1006's AED 67,500 is in the lower half 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
1005StudioAED 800K · May 2021
1007StudioAED 1.04M · Apr 2024
1008StudioAED 1.15M · Jan 2025
1–7 of 11

1006, Murjan 2 in numbers

  • Sold 3 times: first on 27 September 2007 for AED 299,000, last on 21 January 2008 for AED 1,000,000 (AED 1,400 per sqft).
  • Rented since September 2016 on 2 Ejari contracts, from AED 75,000 to AED 67,500 a year.
  • At AED 67,500 a year the gross yield on the 2008 price is 6.8%, 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 28 March 2019.

Questions about 1006, Murjan 2

What did unit 1006 last sell for?

AED 1,000,000 on 21 January 2008: AED 1,400 per sqft for 714 sqft. The unit has 3 registered sales; the first was AED 299,000 in September 2007.

What is the rent for unit 1006?

AED 67,500 a year on the contract renewed on 28 March 2019. The previous contract, from September 2016, was AED 75,000.

How big is unit 1006?

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

What is unit 1006 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 1006, Murjan 2

Starts from the last sale price (AED 1M, 21 January 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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