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

1408, Murjan 2

Sold prices and rental history: sold 3 times, last in June 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 1.08M8 June 2015
Current rentAED 100K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Murjan 2

What is 1408 worth today?

Last sold for AED 1,080,000 in 2015

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25 Sep 2026RentedRenewal
AED 100,000/yr12 months · AED 141 per sqft
25 Sep 2025RentedRenewal
AED 52,000/yr12 months · AED 73 per sqft
25 Sep 2025RentedRenewal
AED 82,500/yr12 months · AED 116 per sqft
25 Sep 2024RentedRenewal
AED 94,000/yr12 months · AED 132 per sqft
25 Sep 2024RentedRenewal
AED 52,000/yr12 months · AED 73 per sqft
25 Sep 2023RentedRenewal
AED 85,000/yr12 months · AED 120 per sqft
25 Sep 2023RentedRenewal
AED 52,000/yr12 months · AED 73 per sqft
25 Sep 2022RentedRenewal
AED 50,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type
Studio apartment
Size
713 sqft
Floor
14th of 28
Parking
B634
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 1.08M · June 2015
Building
Murjan 2

About 1408, Murjan 2

1408 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. It last sold on 8 June 2015 for AED 1,080,000, or AED 1,515 per sqft, 12% below the AED 1,728 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 25 September 2026, is AED 100,000 a year: a gross yield of 9.3% on the 2015 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, 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, December 2008: AED 299,000 (AED 419 per sqft)Sold, April 2015: AED 1,000,000 (AED 1,403 per sqft)Sold, June 2015: AED 1,080,000 (AED 1,515 per sqft)

1408 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1408, 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 2013: AED 64,641 a yearNew contract, July 2017: AED 79,572 a yearRenewal, July 2018: AED 75,000 a yearNew contract, September 2019: AED 56,000 a yearRenewal, September 2020: AED 45,000 a yearRenewal, September 2021: AED 45,000 a yearRenewal, September 2022: AED 50,000 a yearRenewal, September 2023: AED 85,000 a yearRenewal, September 2023: AED 52,000 a yearRenewal, September 2024: AED 94,000 a yearRenewal, September 2024: AED 52,000 a yearRenewal, September 2025: AED 52,000 a yearRenewal, September 2025: AED 82,500 a yearRenewal, September 2026: AED 100,000 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 1408 sits

All 158 studios →

1408 last sold in June 2015 at AED 1,515 per sqft, 12% below what studios in Murjan 2 were fetching at the time (AED 1,728). 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. 1408's AED 100,000 is in the upper 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
1407StudioAED 700K · Mar 2022
14091-bedAED 1.48M · Jul 2017
1–7 of 10

1408, Murjan 2 in numbers

  • Sold 3 times: first on 31 December 2008 for AED 299,000, last on 8 June 2015 for AED 1,080,000 (AED 1,515 per sqft).
  • Rented since June 2013 on 14 Ejari contracts. The rent fell from AED 64,641 to AED 45,000 in 2021 and recovered to AED 100,000 by September 2026.
  • At AED 100,000 a year the gross yield on the 2015 price is 9.3%, 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 September 2026.

Questions about 1408, Murjan 2

What did unit 1408 last sell for?

AED 1,080,000 on 8 June 2015: AED 1,515 per sqft for 713 sqft. The unit has 3 registered sales; the first was AED 299,000 in December 2008.

What is the rent for unit 1408?

AED 100,000 a year on the contract renewed on 25 September 2026. The previous contract, from September 2025, was AED 52,000; the unit has been rented since June 2013.

How big is unit 1408?

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

What is unit 1408 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 1408, Murjan 2

Starts from the last sale price (AED 1.08M, 8 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

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