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Studio · 720 sqftMurjan 2, Jumeirah Beach Residence · 11th floor · completed 2007

1111, Murjan 2

Sold prices and rental history: sold twice, last in November 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1111 · DLD and Ejari recordsUpdated 11 August 2019
Last soldAED 1.24M22 November 2015
Current rentAED 60K /yr11 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1111, Murjan 2

What is 1111 worth today?

Last sold for AED 1,237,500 in 2015

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11 Aug 2019RentedNew contract
AED 60,000/yr12 months · AED 83 per sqft
12 May 2018RentedNew contract
AED 66,000/yr12 months · AED 92 per sqft
25 Sep 2017RentedRenewal
AED 80,000/yr12 months · AED 111 per sqft
25 Sep 2016RentedNew contract
AED 85,000/yr12 months · AED 118 per sqft
22 Nov 2015SoldReady
AED 1,237,500AED 1,719 per sqft
30 Jul 2015RentedNew contract
AED 123,288/yr5 months · AED 171 per sqft
17 Jun 2008Sold by developerReady
AED 375,000AED 520 per sqft

Source: Dubai Land Department. Updated 11 August 2019.

Key facts

Type
Studio apartment
Size
720 sqft
Floor
11th of 28
Parking
B552
Developer
Dubai Properties
Completed
2007
Service charge
AED 14,100 /yr
Last sold
AED 1.24M · November 2015
Building
Murjan 2

About 1111, Murjan 2

1111 is a studio of 720 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 22 November 2015 for AED 1,237,500, or AED 1,719 per sqft, 13% above the AED 1,515 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 11 August 2019, is AED 60,000 a year: a gross yield of 4.9% on the 2015 price, before the service charge of about AED 14,100 a year.

Sales and rents for 1111 over time

Sales
Unit 1111, 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, November 2015: AED 1,237,500 (AED 1,719 per sqft)

1111 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1111, 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, July 2015: AED 123,288 a yearNew contract, September 2016: AED 85,000 a yearRenewal, September 2017: AED 80,000 a yearNew contract, May 2018: AED 66,000 a yearNew contract, August 2019: AED 60,000 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 1111 sits

All 158 studios →

1111 last sold in November 2015 at AED 1,719 per sqft, 13% above what studios in Murjan 2 were fetching at the time (AED 1,515). 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. 1111's AED 60,000 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
1103StudioAED 1.2M · Dec 2016
1104StudioAED 1.1M · Oct 2015
1105StudioAED 845K · Jul 2012
1106StudioAED 835K · Feb 2010
1107StudioAED 1.11M · Jun 2025
1–7 of 11

1111, Murjan 2 in numbers

  • Sold twice: first on 17 June 2008 for AED 375,000, last on 22 November 2015 for AED 1,237,500 (AED 1,719 per sqft).
  • Rented since July 2015 on 5 Ejari contracts, from AED 123,288 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 4.9%, before a service charge of about AED 14,100 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 11 August 2019.

Questions about 1111, Murjan 2

What did unit 1111 last sell for?

AED 1,237,500 on 22 November 2015: AED 1,719 per sqft for 720 sqft. The unit has 2 registered sales; the first was AED 375,000 in June 2008.

What is the rent for unit 1111?

AED 60,000 a year on the contract signed on 11 August 2019. The previous contract, from May 2018, was AED 66,000; the unit has been rented since July 2015.

How big is unit 1111?

720 sqft (66.9 sqm): a studio on the 11th floor of a 28-storey tower completed in 2007.

What is unit 1111 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 1111, Murjan 2

Starts from the last sale price (AED 1.24M, 22 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,237,500
Deposit, UAE resident (20%)
AED 247,500
Deposit, non-resident (40%)
AED 495,000
Monthly over 25 years at 3.7%
AED 5,063

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