1-bed · 1,108 sqftMurjan 2, Jumeirah Beach Residence · 15th floor · completed 2007

1502, Murjan 2

Sold prices and rental history: sold 5 times, last in September 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 27 September 2022
Last soldAED 1.83M27 September 2022
Current rentAED 68K /yr6 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Murjan 2

What is 1502 worth today?

Last sold for AED 1,825,000 in 2022

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27 Sep 2022SoldReady
AED 1,825,000AED 1,647 per sqft
26 Oct 2021SoldReady
AED 1,440,000AED 1,299 per sqft
6 Aug 2020RentedNew contract
AED 68,000/yr12 months · AED 61 per sqft
1 Aug 2019RentedRenewal
AED 90,000/yr12 months · AED 81 per sqft
1 Aug 2018RentedNew contract
AED 95,000/yr12 months · AED 86 per sqft
10 Jul 2017RentedNew contract
AED 100,000/yr12 months · AED 90 per sqft
1 Oct 2013RentedNew contract
AED 120,000/yr12 months · AED 108 per sqft
15 Jul 2013SoldReady
AED 1,700,000AED 1,534 per sqft

Source: Dubai Land Department. Updated 27 September 2022.

Key facts

Type
1-bed apartment
Size
1,108 sqft
Floor
15th of 28
Parking
G433
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,600 /yr
Last sold
AED 1.83M · September 2022
Building
Murjan 2

About 1502, Murjan 2

1502 is a one-bedroom apartment of 1,108 sqft on the 15th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 27 September 2022 for AED 1,825,000, or AED 1,647 per sqft, 28% above the AED 1,291 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 6 August 2020, is AED 68,000 a year: a gross yield of 3.7% on the 2022 price, before the service charge of about AED 21,600 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical one-bed in Murjan 2
1M2M20072012201720222027Typical sale price by year: 2007 AED 449,000; 2008 AED 540,000; 2009 AED 475,000; 2010 AED 937,500; 2011 AED 645,000; 2012 AED 950,000; 2013 AED 449,000; 2014 AED 1,755,000; 2017 AED 1,350,000; 2018 AED 1,322,500; 2019 AED 1,000,000; 2021 AED 1,100,000; 2022 AED 1,405,797; 2023 AED 1,418,220; 2024 AED 1,545,000; 2025 AED 1,815,000; 2026 AED 1,840,410Sold by developer, January 2009: AED 449,000 (AED 405 per sqft)Sold, May 2011: AED 1,460,000 (AED 1,317 per sqft)Sold, July 2013: AED 1,700,000 (AED 1,534 per sqft)Sold, October 2021: AED 1,440,000 (AED 1,299 per sqft)Sold, September 2022: AED 1,825,000 (AED 1,647 per sqft)

1502 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1502, each contractTypical one-bed in Murjan 2
75K100K125K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 90,000; 2014 AED 93,500; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 80,116; 2020 AED 70,000; 2021 AED 65,000; 2022 AED 71,500; 2023 AED 85,000; 2024 AED 97,500; 2025 AED 100,000; 2026 AED 97,000New contract, October 2013: AED 120,000 a yearNew contract, July 2017: AED 100,000 a yearNew contract, August 2018: AED 95,000 a yearRenewal, August 2019: AED 90,000 a yearNew contract, August 2020: AED 68,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Murjan 2, and where 1502 sits

All 128 1-beds →

1502 last sold in September 2022 at AED 1,647 per sqft, 28% above what one-beds in Murjan 2 were fetching at the time (AED 1,291). Over the last 12 months one-beds sold for AED 1,580,000 to 2,100,000, around AED 1,617 per sqft, and rent for AED 60,000 to 250,000 a year. 1502's AED 68,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Sep 20261,580,000
11 Aug 20262,100,000
20 Apr 20261,615,819
30 Jan 20262,065,000
7 1-bed 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 15th floor

All 278 units in Murjan 2
Value
15011-bedAED 449K · Oct 2012
1503StudioAED 299K · Feb 2015
1504StudioAED 299K · Feb 2015
1505StudioAED 1.41M · Jul 2024
1506StudioAED 1.08M · Oct 2023
1507StudioAED 1.2M · Mar 2025
1508StudioAED 1.34M · Oct 2014
1–7 of 11

1502, Murjan 2 in numbers

  • Sold 5 times: first on 8 January 2009 for AED 449,000, last on 27 September 2022 for AED 1,825,000 (AED 1,647 per sqft).
  • Rented since October 2013 on 5 Ejari contracts, from AED 120,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2022 price is 3.7%, before a service charge of about AED 21,600 a year (AED 19.53 per sqft).
  • One-beds in Murjan 2 sold for AED 1,580,000–2,100,000 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 27 September 2022.

Questions about 1502, Murjan 2

What did unit 1502 last sell for?

AED 1,825,000 on 27 September 2022: AED 1,647 per sqft for 1,108 sqft. The unit has 5 registered sales; the first was AED 449,000 in January 2009.

What is the rent for unit 1502?

AED 68,000 a year on the contract signed on 6 August 2020. The previous contract, from August 2019, was AED 90,000; the unit has been rented since October 2013.

How big is unit 1502?

1,108 sqft (102.9 sqm): a one-bedroom apartment on the 15th floor of a 28-storey tower completed in 2007.

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Murjan 2 sold for AED 1,580,000 to 2,100,000 in the last 12 months, around AED 1,617 per sqft.

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Mortgage on 1502, Murjan 2

Starts from the last sale price (AED 1.83M, 27 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,825,000
Deposit, UAE resident (20%)
AED 365,000
Deposit, non-resident (40%)
AED 730,000
Monthly over 25 years at 3.7%
AED 7,467

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