Studio · 720 sqftMurjan 2, Jumeirah Beach Residence · 14th floor · completed 2007

1411, Murjan 2

Sold prices and rental history: sold once, by the developer in December 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1411 · DLD and Ejari recordsUpdated 20 December 2024
Last soldAED 375K29 December 2012
Current rentAED 75K /yr20 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1411, Murjan 2

What is 1411 worth today?

Last sold for AED 375,000 in 2012

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20 Dec 2024RentedNew contract
AED 75,000/yr12 months · AED 104 per sqft
24 Jun 2024RentedRenewal
AED 70,000/yr3 months · AED 97 per sqft
24 Jun 2023RentedRenewal
AED 59,000/yr12 months · AED 82 per sqft
24 Jun 2022RentedNew contract
AED 54,000/yr12 months · AED 75 per sqft
11 Apr 2021RentedNew contract
AED 40,000/yr12 months · AED 56 per sqft
1 Jan 2020RentedNew contract
AED 50,000/yr12 months · AED 69 per sqft
7 Apr 2019RentedRenewal
AED 60,000/yr6 months · AED 83 per sqft
7 Oct 2018RentedRenewal
AED 65,000/yr6 months · AED 90 per sqft

Source: Dubai Land Department. Updated 20 December 2024.

Key facts

Type
Studio apartment
Size
720 sqft
Floor
14th of 28
Parking
B709
Developer
Dubai Properties
Completed
2007
Service charge
AED 14,100 /yr
Last sold
AED 375K · December 2012
Building
Murjan 2

About 1411, Murjan 2

1411 is a studio of 720 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 29 December 2012 for AED 375,000, or AED 520 per sqft, 49% below the AED 1,012 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, signed on 20 December 2024, is AED 75,000 a year: a gross yield of 20.0% on the 2012 price, before the service charge of about AED 14,100 a year.

Sales and rents for 1411 over time

Sales
Unit 1411, 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 2012: AED 375,000 (AED 520 per sqft)

1411 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1411, each contractTypical studio in Murjan 2
40K60K80K2012201620202024Typical 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, April 2016: AED 65,000 a yearRenewal, April 2017: AED 65,000 a yearRenewal, April 2018: AED 65,000 a yearRenewal, October 2018: AED 65,000 a yearRenewal, April 2019: AED 60,000 a yearNew contract, January 2020: AED 50,000 a yearNew contract, April 2021: AED 40,000 a yearNew contract, June 2022: AED 54,000 a yearRenewal, June 2023: AED 59,000 a yearRenewal, June 2024: AED 70,000 a yearNew contract, December 2024: 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 1411 sits

All 158 studios →

1411 last sold in December 2012 at AED 520 per sqft, 49% below what studios in Murjan 2 were fetching at the time (AED 1,012). 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. 1411'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
1407StudioAED 700K · Mar 2022
1408StudioAED 1.08M · Jun 2015
1–7 of 10

1411, Murjan 2 in numbers

  • Sold once: by Dubai Properties on 29 December 2012 for AED 375,000, or AED 520 per sqft.
  • Rented since April 2016 on 11 Ejari contracts. The rent fell from AED 65,000 to AED 40,000 in 2021 and recovered to AED 75,000 by December 2024.
  • At AED 75,000 a year the gross yield on the 2012 price is 20.0%, before a service charge of about AED 14,100 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 20 December 2024.

Questions about 1411, Murjan 2

What did unit 1411 last sell for?

AED 375,000 on 29 December 2012, sold by the developer: AED 520 per sqft for 720 sqft. It is the only registered sale of the unit.

What is the rent for unit 1411?

AED 75,000 a year on the contract signed on 20 December 2024. The previous contract, from June 2024, was AED 70,000; the unit has been rented since April 2016.

How big is unit 1411?

720 sqft (66.9 sqm): a studio on the 14th floor of a 28-storey tower completed in 2007.

What is unit 1411 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 1411, Murjan 2

Starts from the last sale price (AED 375K, 29 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 375,000
Deposit, UAE resident (20%)
AED 75,000
Deposit, non-resident (40%)
AED 150,000
Monthly over 25 years at 3.7%
AED 1,534

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