Studio · 713 sqftMurjan 2, Jumeirah Beach Residence · 12th floor · completed 2007

1203, Murjan 2

Sold prices and rental history: sold 4 times, last in June 2025, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 10 June 2025
Last soldAED 1.23M10 June 2025
Current rentAED 87K /yr20 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Murjan 2

What is 1203 worth today?

Last sold for AED 1,230,000 in 2025

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10 Jun 2025SoldReady
AED 1,230,000AED 1,725 per sqft
20 Dec 2016RentedNew contract
AED 87,000/yr12 months · AED 122 per sqft
9 Jul 2015SoldReady
AED 1,230,000AED 1,725 per sqft
10 Apr 2014RentedNew contract
AED 100,000/yr12 months · AED 141 per sqft
7 Jul 2013SoldReady
AED 1,200,000AED 1,683 per sqft
7 Mar 2011Sold by developerReady
AED 149,500AED 209 per sqft

Source: Dubai Land Department. Updated 10 June 2025.

Key facts

Type
Studio apartment
Size
713 sqft
Floor
12th of 28
Parking
B529
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 1.23M · June 2025
Building
Murjan 2

About 1203, Murjan 2

1203 is a studio of 713 sqft on the 12th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 10 June 2025 for AED 1,230,000, or AED 1,725 per sqft, 7% above the AED 1,612 studios in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 20 December 2016, is AED 87,000 a year: a gross yield of 7.1% on the 2025 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical studio in Murjan 2
0500K1M20072012201720222027Typical 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, March 2011: AED 149,500 (AED 209 per sqft)Sold, July 2013: AED 1,200,000 (AED 1,683 per sqft)Sold, July 2015: AED 1,230,000 (AED 1,725 per sqft)Sold, June 2025: AED 1,230,000 (AED 1,725 per sqft)

1203 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1203, each contractTypical studio in Murjan 2
50K75K100K2012201620202024Typical 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, April 2014: AED 100,000 a yearNew contract, December 2016: AED 87,000 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 1203 sits

All 158 studios →

1203 last sold in June 2025 at AED 1,725 per sqft, 7% above what studios in Murjan 2 were fetching at the time (AED 1,612). 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. 1203's AED 87,000 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 12th floor

All 278 units in Murjan 2
Value
12011-bedAED 449K · Sep 2013
12021-bedAED 449K · Dec 2009
1204StudioAED 1.27M · Feb 2023
1205StudioAED 299K · Dec 2007
1206StudioAED 299K · Nov 2007
1207StudioAED 299K · Mar 2009
1208StudioAED 1.14M · Nov 2024
1–7 of 11

1203, Murjan 2 in numbers

  • Sold 4 times: first on 7 March 2011 for AED 149,500, last on 10 June 2025 for AED 1,230,000 (AED 1,725 per sqft).
  • Rented since April 2014 on 2 Ejari contracts, from AED 100,000 to AED 87,000 a year.
  • At AED 87,000 a year the gross yield on the 2025 price is 7.1%, 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 10 June 2025.

Questions about 1203, Murjan 2

What did unit 1203 last sell for?

AED 1,230,000 on 10 June 2025: AED 1,725 per sqft for 713 sqft. The unit has 4 registered sales; the first was AED 149,500 in March 2011.

What is the rent for unit 1203?

AED 87,000 a year on the contract signed on 20 December 2016. The previous contract, from April 2014, was AED 100,000.

How big is unit 1203?

713 sqft (66.2 sqm): a studio on the 12th floor of a 28-storey tower completed in 2007.

What is unit 1203 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 1203, Murjan 2

Starts from the last sale price (AED 1.23M, 10 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,230,000
Deposit, UAE resident (20%)
AED 246,000
Deposit, non-resident (40%)
AED 492,000
Monthly over 25 years at 3.7%
AED 5,032

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