1406, Murjan 2
Sold prices and rental history: sold once, by the developer in May 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1406, Murjan 2
What is 1406 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 25 June 2024.
Key facts
- Type
- Studio apartment
- Size
- 714 sqft
- Floor
- 14th of 28
- Parking
- B520
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 299K · May 2008
- Building
- Murjan 2
About 1406, Murjan 2
1406 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. The developer sold it on 12 May 2008 for AED 299,000, or AED 418 per sqft, 54% below the AED 904 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 25 June 2024, is AED 77,000 a year: a gross yield of 25.8% on the 2008 price, before the service charge of about AED 13,900 a year.
Sales and rents for 1406 over time
1406 has sold once; the dashed line is the studio median of each year in the building.
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 1406 sits
All 158 studios →1406 last sold in May 2008 at AED 418 per sqft, 54% below what studios in Murjan 2 were fetching at the time (AED 904). 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. 1406's AED 77,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 720 sqft | 1,100,000 | 1,528 | ||
| 8 Oct 20268 October 2026 | 714 sqft | 1,225,000 | 1,715 | ||
| 7 Sep 20267 September 2026 | 720 sqft | 1,100,000 | 1,528 | ||
| 22 Jul 202622 July 2026 | 713 sqft | 1,150,000 | 1,613 |
Murjan 2
Building278 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%
Other units on the 14th floor
All 278 units in Murjan 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Sep 2013September 2013 | 90,300 /yr | |
| 1402 | 1-bed | 1,108 sqft | AED 2.2MAED 2,200,000 · May 2025May 2025 | 135,000 /yr | |
| 1403 | Studio | 713 sqft | AED 299KAED 299,000 · Jun 2008June 2008 | ||
| 1405 | Studio | 714 sqft | AED 1.2MAED 1,200,000 · Oct 2007October 2007 | 60,000 /yr | |
| 1407 | Studio | 714 sqft | AED 700KAED 700,000 · Mar 2022March 2022 | 75,000 /yr | |
| 1408 | Studio | 713 sqft | AED 1.08MAED 1,080,000 · Jun 2015June 2015 | 100,000 /yr | |
| 1409 | 1-bed | 1,101 sqft | AED 1.48MAED 1,475,000 · Jul 2017July 2017 | 95,000 /yr | |
| 1410 | 1-bed | 1,101 sqft | AED 680KAED 680,000 · Apr 2014April 2014 | 85,000 /yr | |
| 1411 | Studio | 720 sqft | AED 375KAED 375,000 · Dec 2012December 2012 | 75,000 /yr | |
| 1412 | Studio | 720 sqft | AED 1.33MAED 1,330,000 · May 2008May 2008 | 72,000 /yr |
1406, Murjan 2 in numbers
- Sold once: by Dubai Properties on 12 May 2008 for AED 299,000, or AED 418 per sqft.
- Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 70,000 to AED 42,000 in 2020 and recovered to AED 77,000 by June 2024.
- At AED 77,000 a year the gross yield on the 2008 price is 25.8%, 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 25 June 2024.
Questions about 1406, Murjan 2
What did unit 1406 last sell for?
AED 299,000 on 12 May 2008, sold by the developer: AED 418 per sqft for 714 sqft. It is the only registered sale of the unit.
What is the rent for unit 1406?
AED 77,000 a year on the contract signed on 25 June 2024. The previous contract, from December 2023, was AED 73,000; the unit has been rented since September 2013.
How big is unit 1406?
714 sqft (66.3 sqm): a studio on the 14th floor of a 28-storey tower completed in 2007.
What is unit 1406 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 1406? 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.
Mortgage on 1406, Murjan 2
Starts from the last sale price (AED 299K, 12 May 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 →