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Studio · 713 sqftMurjan 2, Jumeirah Beach Residence · 11th floor · completed 2007

1103, Murjan 2

Sold prices and rental history: sold twice, last in December 2016, and rented once, from February 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 12 February 2017
Last soldAED 1.2M8 December 2016
Current rentAED 90K /yr12 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1103, Murjan 2

What is 1103 worth today?

Last sold for AED 1,200,000 in 2016

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12 Feb 2017RentedNew contract
AED 90,000/yr12 months · AED 127 per sqft
8 Dec 2016SoldReady
AED 1,200,000AED 1,683 per sqft
18 Jan 2010Sold by developerReady
AED 299,000AED 419 per sqft

Source: Dubai Land Department. Updated 12 February 2017.

Key facts

Type
Studio apartment
Size
713 sqft
Floor
11th of 28
Parking
B549
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 1.2M · December 2016
Building
Murjan 2

About 1103, Murjan 2

1103 is a studio of 713 sqft on the 11th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 8 December 2016 for AED 1,200,000, or AED 1,683 per sqft, 11% above the AED 1,522 studios in the building were fetching at the time.

One Ejari contract is registered, from 12 February 2017. The current contract, signed on 12 February 2017, is AED 90,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, 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, January 2010: AED 299,000 (AED 419 per sqft)Sold, December 2016: AED 1,200,000 (AED 1,683 per sqft)

1103 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1103, 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, February 2017: AED 90,000 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 1103 sits

All 158 studios →

1103 last sold in December 2016 at AED 1,683 per sqft, 11% above what studios in Murjan 2 were fetching at the time (AED 1,522). 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. 1103's AED 90,000 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 11th floor

All 278 units in Murjan 2
Value
11011-bedAED 449K · Sep 2013
11021-bedAED 449K · Dec 2008
1104StudioAED 1.1M · Oct 2015
1105StudioAED 845K · Jul 2012
1106StudioAED 835K · Feb 2010
1107StudioAED 1.11M · Jun 2025
1108StudioAED 1.18M · Feb 2025
1–7 of 11

1103, Murjan 2 in numbers

  • Sold twice: first on 18 January 2010 for AED 299,000, last on 8 December 2016 for AED 1,200,000 (AED 1,683 per sqft).
  • Rented since February 2017 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2016 price is 7.5%, 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 12 February 2017.

Questions about 1103, Murjan 2

What did unit 1103 last sell for?

AED 1,200,000 on 8 December 2016: AED 1,683 per sqft for 713 sqft. The unit has 2 registered sales; the first was AED 299,000 in January 2010.

What is the rent for unit 1103?

AED 90,000 a year on the contract signed on 12 February 2017.

How big is unit 1103?

713 sqft (66.2 sqm): a studio on the 11th floor of a 28-storey tower completed in 2007.

What is unit 1103 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 1103, Murjan 2

Starts from the last sale price (AED 1.2M, 8 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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