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

1407, Murjan 2

Sold prices and rental history: sold 3 times, last in March 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 700K15 March 2022
Current rentAED 75K /yr15 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Murjan 2

What is 1407 worth today?

Last sold for AED 700,000 in 2022

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15 Jun 2026RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
28 Jul 2025RentedNew contract
AED 95,000/yr12 months · AED 134 per sqft
3 Jul 2024RentedNew contract
AED 95,000/yr12 months · AED 134 per sqft
15 Mar 2022SoldReady
AED 700,000AED 980 per sqft
1 Mar 2018RentedNew contract
AED 65,000/yr12 months · AED 91 per sqft
12 Jun 2017RentedNew contract
AED 80,000/yr6 months · AED 113 per sqft
15 Nov 2007SoldReady
AED 872,000AED 1,221 per sqft
15 Oct 2007Sold by developerReady
AED 299,000AED 418 per sqft

Source: Dubai Land Department. Updated 15 June 2026.

Key facts

Type
Studio apartment
Size
714 sqft
Floor
14th of 28
Parking
B710
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 700K · March 2022
Building
Murjan 2

About 1407, Murjan 2

1407 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 15 March 2022 for AED 700,000, or AED 980 per sqft, 28% below the AED 1,365 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 15 June 2026, is AED 75,000 a year: a gross yield of 10.7% on the 2022 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, 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, October 2007: AED 299,000 (AED 418 per sqft)Sold, November 2007: AED 872,000 (AED 1,221 per sqft)Sold, March 2022: AED 700,000 (AED 980 per sqft)

1407 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1407, 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, June 2017: AED 80,000 a yearNew contract, March 2018: AED 65,000 a yearNew contract, July 2024: AED 95,000 a yearNew contract, July 2025: AED 95,000 a yearNew contract, June 2026: AED 75,000 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 1407 sits

All 158 studios →

1407 last sold in March 2022 at AED 980 per sqft, 28% below what studios in Murjan 2 were fetching at the time (AED 1,365). 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. 1407's AED 75,000 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
1405StudioAED 1.2M · Oct 2007
1406StudioAED 299K · May 2008
1408StudioAED 1.08M · Jun 2015
14091-bedAED 1.48M · Jul 2017
1–7 of 10

1407, Murjan 2 in numbers

  • Sold 3 times: first on 15 October 2007 for AED 299,000, last on 15 March 2022 for AED 700,000 (AED 980 per sqft).
  • Rented since June 2017 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 65,000 in 2018 and recovered to AED 75,000 by June 2026.
  • At AED 75,000 a year the gross yield on the 2022 price is 10.7%, 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 15 June 2026.

Questions about 1407, Murjan 2

What did unit 1407 last sell for?

AED 700,000 on 15 March 2022: AED 980 per sqft for 714 sqft. The unit has 3 registered sales; the first was AED 299,000 in October 2007.

What is the rent for unit 1407?

AED 75,000 a year on the contract signed on 15 June 2026. The previous contract, from July 2025, was AED 95,000; the unit has been rented since June 2017.

How big is unit 1407?

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

What is unit 1407 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 1407, Murjan 2

Starts from the last sale price (AED 700K, 15 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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