Studio · 714 sqftMurjan 2, Jumeirah Beach Residence · 14th floor · completed 2007

1405, Murjan 2

Sold prices and rental history: sold twice, last in October 2007, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 5 December 2023
Last soldAED 1.2M24 October 2007
Current rentAED 60K /yr5 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Murjan 2

What is 1405 worth today?

Last sold for AED 1,200,000 in 2007

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5 Dec 2023RentedNew contract
AED 60,000/yr12 months · AED 84 per sqft
1 Dec 2022RentedNew contract
AED 85,000/yr12 months · AED 120 per sqft
30 Aug 2018RentedNew contract
AED 65,000/yr12 months · AED 91 per sqft
29 Oct 2016RentedNew contract
AED 85,000/yr12 months · AED 120 per sqft
21 Oct 2015RentedNew contract
AED 90,000/yr12 months · AED 127 per sqft
9 Jun 2014RentedNew contract
AED 80,000/yr12 months · AED 113 per sqft
24 Oct 2007SoldReady
AED 1,200,000AED 1,680 per sqft
18 Sep 2007Sold by developerReady
AED 299,000AED 418 per sqft

Source: Dubai Land Department. Updated 5 December 2023.

Key facts

Type
Studio apartment
Size
714 sqft
Floor
14th of 28
Parking
B517
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 1.2M · October 2007
Building
Murjan 2

About 1405, Murjan 2

1405 is a studio of 714 sqft on the 14th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 24 October 2007 for AED 1,200,000, or AED 1,680 per sqft, 301% above the AED 419 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 5 December 2023, is AED 60,000 a year: a gross yield of 5.0% on the 2007 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, 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, September 2007: AED 299,000 (AED 418 per sqft)Sold, October 2007: AED 1,200,000 (AED 1,680 per sqft)

1405 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1405, 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, June 2014: AED 80,000 a yearNew contract, October 2015: AED 90,000 a yearNew contract, October 2016: AED 85,000 a yearNew contract, August 2018: AED 65,000 a yearNew contract, December 2022: AED 85,000 a yearNew contract, December 2023: 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 1405 sits

All 158 studios →

1405 last sold in October 2007 at AED 1,680 per sqft, 301% above what studios in Murjan 2 were fetching at the time (AED 419). 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. 1405'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 14th floor

All 278 units in Murjan 2
Value
14011-bedAED 449K · Sep 2013
14021-bedAED 2.2M · May 2025
1403StudioAED 299K · Jun 2008
1406StudioAED 299K · May 2008
1407StudioAED 700K · Mar 2022
1408StudioAED 1.08M · Jun 2015
14091-bedAED 1.48M · Jul 2017
1–7 of 10

1405, Murjan 2 in numbers

  • Sold twice: first on 18 September 2007 for AED 299,000, last on 24 October 2007 for AED 1,200,000 (AED 1,680 per sqft).
  • Rented since June 2014 on 6 Ejari contracts, from AED 80,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2007 price is 5.0%, 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 5 December 2023.

Questions about 1405, Murjan 2

What did unit 1405 last sell for?

AED 1,200,000 on 24 October 2007: AED 1,680 per sqft for 714 sqft. The unit has 2 registered sales; the first was AED 299,000 in September 2007.

What is the rent for unit 1405?

AED 60,000 a year on the contract signed on 5 December 2023. The previous contract, from December 2022, was AED 85,000; the unit has been rented since June 2014.

How big is unit 1405?

714 sqft (66.3 sqm): a studio on the 14th floor of a 28-storey tower completed in 2007.

What is unit 1405 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 1405, Murjan 2

Starts from the last sale price (AED 1.2M, 24 October 2007). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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