Studio · 720 sqftMurjan 2, Jumeirah Beach Residence · 12th floor · completed 2007

1212, Murjan 2

Sold prices and rental history: sold 3 times, last in October 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1212 · DLD and Ejari recordsUpdated 25 November 2024
Last soldAED 1.07M31 October 2017
Current rentAED 90K /yr25 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1212, Murjan 2

What is 1212 worth today?

Last sold for AED 1,070,000 in 2017

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25 Nov 2024RentedRenewal
AED 90,000/yr24 months · AED 125 per sqft
25 Nov 2023RentedNew contract
AED 90,000/yr12 months · AED 125 per sqft
10 Dec 2017RentedNew contract
AED 77,000/yr12 months · AED 107 per sqft
31 Oct 2017SoldReady
AED 1,070,000AED 1,486 per sqft
10 Dec 2016RentedNew contract
AED 80,000/yr12 months · AED 111 per sqft
1 Nov 2014RentedNew contract
AED 70,000/yr12 months · AED 97 per sqft
1 Nov 2013RentedNew contract
AED 70,000/yr12 months · AED 97 per sqft
13 Apr 2011SoldReady
AED 720,000AED 1,000 per sqft

Source: Dubai Land Department. Updated 25 November 2024.

Key facts

Type
Studio apartment
Size
720 sqft
Floor
12th of 28
Parking
B518
Developer
Dubai Properties
Completed
2007
Service charge
AED 14,100 /yr
Last sold
AED 1.07M · October 2017
Building
Murjan 2

About 1212, Murjan 2

1212 is a studio of 720 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 31 October 2017 for AED 1,070,000, or AED 1,486 per sqft, 6% below the AED 1,575 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 25 November 2024, is AED 90,000 a year: a gross yield of 8.4% on the 2017 price, before the service charge of about AED 14,100 a year.

Sales and rents for 1212 over time

Sales
Unit 1212, 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 2009: AED 930,000 (AED 1,291 per sqft)Sold, April 2011: AED 720,000 (AED 1,000 per sqft)Sold, October 2017: AED 1,070,000 (AED 1,486 per sqft)

1212 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1212, 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, November 2013: AED 70,000 a yearNew contract, November 2014: AED 70,000 a yearNew contract, December 2016: AED 80,000 a yearNew contract, December 2017: AED 77,000 a yearNew contract, November 2023: AED 90,000 a yearRenewal, November 2024: 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 1212 sits

All 158 studios →

1212 last sold in October 2017 at AED 1,486 per sqft, 6% below what studios in Murjan 2 were fetching at the time (AED 1,575). 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. 1212'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 12th floor

All 278 units in Murjan 2
Value
12011-bedAED 449K · Sep 2013
12021-bedAED 449K · Dec 2009
1203StudioAED 1.23M · Jun 2025
1204StudioAED 1.27M · Feb 2023
1205StudioAED 299K · Dec 2007
1206StudioAED 299K · Nov 2007
1207StudioAED 299K · Mar 2009
1–7 of 11

1212, Murjan 2 in numbers

  • Sold 3 times: first on 3 June 2009 for AED 930,000, last on 31 October 2017 for AED 1,070,000 (AED 1,486 per sqft).
  • Rented since November 2013 on 6 Ejari contracts, from AED 70,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2017 price is 8.4%, 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 25 November 2024.

Questions about 1212, Murjan 2

What did unit 1212 last sell for?

AED 1,070,000 on 31 October 2017: AED 1,486 per sqft for 720 sqft. The unit has 3 registered sales; the first was AED 930,000 in June 2009.

What is the rent for unit 1212?

AED 90,000 a year on the contract renewed on 25 November 2024. The previous contract, from November 2023, was AED 90,000; the unit has been rented since November 2013.

How big is unit 1212?

720 sqft (66.9 sqm): a studio on the 12th floor of a 28-storey tower completed in 2007.

What is unit 1212 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 1212, Murjan 2

Starts from the last sale price (AED 1.07M, 31 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

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