Studio · 720 sqftMurjan 2, Jumeirah Beach Residence · 10th floor · completed 2007

1011, Murjan 2

Sold prices and rental history: sold twice, last in May 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 3 May 2012
Last soldAED 920K3 May 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Murjan 2

What is 1011 worth today?

Last sold for AED 920,000 in 2012

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3 May 2012SoldReady
AED 920,000AED 1,277 per sqft
18 Jun 2008Sold by developerReady
AED 375,000AED 520 per sqft

Source: Dubai Land Department. Updated 3 May 2012.

Key facts

Type
Studio apartment
Size
720 sqft
Floor
10th of 28
Parking
B556
Developer
Dubai Properties
Completed
2007
Service charge
AED 14,100 /yr
Last sold
AED 920K · May 2012
Building
Murjan 2

About 1011, Murjan 2

1011 is a studio of 720 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 3 May 2012 for AED 920,000, or AED 1,277 per sqft, 18% above the AED 1,083 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1011 over time

Sales
Unit 1011, 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, June 2008: AED 375,000 (AED 520 per sqft)Sold, May 2012: AED 920,000 (AED 1,277 per sqft)

1011 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1011, 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 72,930

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 1011 sits

All 158 studios →

1011 last sold in May 2012 at AED 1,277 per sqft, 18% above what studios in Murjan 2 were fetching at the time (AED 1,083). 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.

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
1006StudioAED 1M · Jan 2008
1007StudioAED 1.04M · Apr 2024
1–7 of 11

1011, Murjan 2 in numbers

  • Sold twice: first on 18 June 2008 for AED 375,000, last on 3 May 2012 for AED 920,000 (AED 1,277 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 3 May 2012.

Questions about 1011, Murjan 2

What did unit 1011 last sell for?

AED 920,000 on 3 May 2012: AED 1,277 per sqft for 720 sqft. The unit has 2 registered sales; the first was AED 375,000 in June 2008.

How big is unit 1011?

720 sqft (66.9 sqm): a studio on the 10th floor of a 28-storey tower completed in 2007.

What is unit 1011 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 1011, Murjan 2

Starts from the last sale price (AED 920K, 3 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

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