Studio · 713 sqftMurjan 2, Jumeirah Beach Residence · 1st floor · completed 2007

108, Murjan 2

Sold prices and rental history: sold 5 times, last in December 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 5 December 2019
Last soldAED 900K5 December 2019
Current rentAED 40K /yr17 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Murjan 2

What is 108 worth today?

Last sold for AED 900,000 in 2019

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5 Dec 2019SoldReady
AED 900,000AED 1,262 per sqft
17 Nov 2019RentedNew contract
AED 40,000/yr12 months · AED 56 per sqft
30 Sep 2019SoldReady
AED 700,000AED 982 per sqft
15 Aug 2018RentedNew contract
AED 68,352/yr12 months · AED 96 per sqft
17 Jan 2018SoldReady
AED 1,000,000AED 1,403 per sqft
15 Aug 2017RentedRenewal
AED 68,352/yr12 months · AED 96 per sqft
15 Aug 2016RentedRenewal
AED 68,352/yr12 months · AED 96 per sqft
15 Aug 2015RentedRenewal
AED 65,100/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 5 December 2019.

Key facts

Type
Studio apartment
Size
713 sqft
Floor
1st of 28
Parking
B347
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 900K · December 2019
Building
Murjan 2

About 108, Murjan 2

108 is a studio of 713 sqft on the 1st floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 5 December 2019 for AED 900,000, or AED 1,262 per sqft, in line with the AED 1,261 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 17 November 2019, is AED 40,000 a year: a gross yield of 4.4% on the 2019 price, before the service charge of about AED 13,900 a year.

Sales and rents for 108 over time

Sales
Unit 108, 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, February 2010: AED 199,000 (AED 279 per sqft)Sold, March 2010: AED 700,000 (AED 982 per sqft)Sold, January 2018: AED 1,000,000 (AED 1,403 per sqft)Sold, September 2019: AED 700,000 (AED 982 per sqft)Sold, December 2019: AED 900,000 (AED 1,262 per sqft)

108 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 108, each contractTypical studio in Murjan 2
50K100K2012201620202024Typical 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, August 2012: AED 50,000 a yearNew contract, November 2013: AED 100,000 a yearNew contract, December 2013: AED 110,000 a yearNew contract, August 2014: AED 62,000 a yearRenewal, August 2015: AED 65,100 a yearRenewal, August 2016: AED 68,352 a yearRenewal, August 2017: AED 68,352 a yearNew contract, August 2018: AED 68,352 a yearNew contract, November 2019: AED 40,000 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 108 sits

All 158 studios →

108 last sold in December 2019 at AED 1,262 per sqft, in line with what studios in Murjan 2 were fetching at the time (AED 1,261). 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. 108's AED 40,000 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 1st floor

All 278 units in Murjan 2
Value
1011-bedAED 1.48M · Oct 2024
1021-bedAED 449K · May 2013
103StudioAED 1.17M · Jan 2017
104StudioAED 1.03M · May 2024
105StudioAED 1.15M · Feb 2022
106StudioAED 199K · Sep 2009
107StudioAED 1.15M · Feb 2025
1–7 of 11

108, Murjan 2 in numbers

  • Sold 5 times: first on 3 February 2010 for AED 199,000, last on 5 December 2019 for AED 900,000 (AED 1,262 per sqft).
  • Rented since August 2012 on 9 Ejari contracts, from AED 50,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2019 price is 4.4%, 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 5 December 2019.

Questions about 108, Murjan 2

What did unit 108 last sell for?

AED 900,000 on 5 December 2019: AED 1,262 per sqft for 713 sqft. The unit has 5 registered sales; the first was AED 199,000 in February 2010.

What is the rent for unit 108?

AED 40,000 a year on the contract signed on 17 November 2019. The previous contract, from August 2018, was AED 68,352; the unit has been rented since August 2012.

How big is unit 108?

713 sqft (66.2 sqm): a studio on the 1st floor of a 28-storey tower completed in 2007.

What is unit 108 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 108, Murjan 2

Starts from the last sale price (AED 900K, 5 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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