Studio · 713 sqftMurjan 2, Jumeirah Beach Residence · 14th floor · completed 2007

1403, Murjan 2

Sold prices and rental history: sold once, by the developer in June 2008, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 26 June 2008
Last soldAED 299K26 June 2008
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Murjan 2

What is 1403 worth today?

Last sold for AED 299,000 in 2008

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Jun 2008Sold by developerReady
AED 299,000AED 419 per sqft

Source: Dubai Land Department. Updated 26 June 2008.

Key facts

Type
Studio apartment
Size
713 sqft
Floor
14th of 28
Parking
B516
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 299K · June 2008
Building
Murjan 2

About 1403, Murjan 2

1403 is a studio of 713 sqft on the 14th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 26 June 2008 for AED 299,000, or AED 419 per sqft, 51% below the AED 847 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1403 over time

Sales
Unit 1403, 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 299,000 (AED 419 per sqft)

1403 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1403, 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 1403 sits

All 158 studios →

1403 last sold in June 2008 at AED 419 per sqft, 51% below what studios in Murjan 2 were fetching at the time (AED 847). 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 14th floor

All 278 units in Murjan 2
Value
14011-bedAED 449K · Sep 2013
14021-bedAED 2.2M · May 2025
1405StudioAED 1.2M · Oct 2007
1406StudioAED 299K · May 2008
1407StudioAED 700K · Mar 2022
1408StudioAED 1.08M · Jun 2015
14091-bedAED 1.48M · Jul 2017
1–7 of 10

1403, Murjan 2 in numbers

  • Sold once: by Dubai Properties on 26 June 2008 for AED 299,000, or AED 419 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 26 June 2008.

Questions about 1403, Murjan 2

What did unit 1403 last sell for?

AED 299,000 on 26 June 2008, sold by the developer: AED 419 per sqft for 713 sqft. It is the only registered sale of the unit.

How big is unit 1403?

713 sqft (66.2 sqm): a studio on the 14th floor of a 28-storey tower completed in 2007.

What is unit 1403 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.

Selling 1403? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1403, Murjan 2

Starts from the last sale price (AED 299K, 26 June 2008). Switch to today's estimate once you have unlocked it.
Price
AED 299,000
Deposit, UAE resident (20%)
AED 59,800
Deposit, non-resident (40%)
AED 119,600
Monthly over 25 years at 3.7%
AED 1,223

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