Studio · 720 sqftMurjan 2, Jumeirah Beach Residence · 1st floor · completed 2007

111, Murjan 2

Sold prices and rental history: sold 3 times, last in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 28 February 2023
Last soldAED 1.02M28 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Murjan 2

What is 111 worth today?

Last sold for AED 1,015,000 in 2023

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28 Feb 2023SoldReady
AED 1,015,000AED 1,409 per sqft
2 Aug 2015SoldReady
AED 995,000AED 1,382 per sqft
9 Oct 2014Sold by developerReady
AED 930,000AED 1,291 per sqft

Source: Dubai Land Department. Updated 28 February 2023.

Key facts

Type
Studio apartment
Size
720 sqft
Floor
1st of 28
Parking
B350
Developer
Dubai Properties
Completed
2007
Service charge
AED 14,100 /yr
Last sold
AED 1.02M · February 2023
Building
Murjan 2

About 111, Murjan 2

111 is a studio of 720 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 28 February 2023 for AED 1,015,000, or AED 1,409 per sqft, 5% below the AED 1,485 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 111 over time

Sales
Unit 111, 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, October 2014: AED 930,000 (AED 1,291 per sqft)Sold, August 2015: AED 995,000 (AED 1,382 per sqft)Sold, February 2023: AED 1,015,000 (AED 1,409 per sqft)

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

Rents
Unit 111, 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 111 sits

All 158 studios →

111 last sold in February 2023 at AED 1,409 per sqft, 5% below what studios in Murjan 2 were fetching at the time (AED 1,485). 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 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

111, Murjan 2 in numbers

  • Sold 3 times: first on 9 October 2014 for AED 930,000, last on 28 February 2023 for AED 1,015,000 (AED 1,409 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 February 2023.

Questions about 111, Murjan 2

What did unit 111 last sell for?

AED 1,015,000 on 28 February 2023: AED 1,409 per sqft for 720 sqft. The unit has 3 registered sales; the first was AED 930,000 in October 2014.

How big is unit 111?

720 sqft (66.9 sqm): a studio on the 1st floor of a 28-storey tower completed in 2007.

What is unit 111 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 111, Murjan 2

Starts from the last sale price (AED 1.02M, 28 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,015,000
Deposit, UAE resident (20%)
AED 203,000
Deposit, non-resident (40%)
AED 406,000
Monthly over 25 years at 3.7%
AED 4,153

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