1503, Murjan 2
Sold prices and rental history: sold once, by the developer in February 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Murjan 2
What is 1503 worth today?
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Source: Dubai Land Department. Updated 28 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 713 sqft
- Floor
- 15th of 28
- Parking
- B633
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 299K · February 2015
- Building
- Murjan 2
About 1503, Murjan 2
1503 is a studio of 713 sqft on the 15th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 16 February 2015 for AED 299,000, or AED 419 per sqft, 76% below the AED 1,743 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, signed on 28 July 2026, is AED 70,000 a year: a gross yield of 23.4% on the 2015 price, before the service charge of about AED 13,900 a year.
Sales and rents for 1503 over time
1503 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 1503 sits
All 158 studios →1503 last sold in February 2015 at AED 419 per sqft, 76% below what studios in Murjan 2 were fetching at the time (AED 1,743). 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. 1503's AED 70,000 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 15th floor
All 278 units in Murjan 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Oct 2012October 2012 | 85,000 /yr | |
| 1502 | 1-bed | 1,108 sqft | AED 1.83MAED 1,825,000 · Sep 2022September 2022 | 68,000 /yr | |
| 1504 | Studio | 714 sqft | AED 299KAED 299,000 · Feb 2015February 2015 | 78,000 /yr | |
| 1505 | Studio | 714 sqft | AED 1.41MAED 1,409,000 · Jul 2024July 2024 | 76,000 /yr | |
| 1506 | Studio | 714 sqft | AED 1.08MAED 1,083,333 · Oct 2023October 2023 | 75,000 /yr | |
| 1507 | Studio | 714 sqft | AED 1.2MAED 1,203,829 · Mar 2025March 2025 | 47,500 /yr | |
| 1508 | Studio | 713 sqft | AED 1.34MAED 1,340,000 · Oct 2014October 2014 | 65,000 /yr | |
| 1509 | 1-bed | 1,101 sqft | AED 859KAED 859,100 · Jun 2008June 2008 | 95,000 /yr | |
| 1510 | 1-bed | 1,101 sqft | AED 1.4MAED 1,400,000 · Aug 2017August 2017 | 105,000 /yr | |
| 1511 | Studio | 720 sqft | AED 375KAED 375,000 · Dec 2012December 2012 | 57,750 /yr | |
| 1512 | Studio | 720 sqft | AED 780KAED 780,000 · Feb 2012February 2012 | 70,000 /yr |
1503, Murjan 2 in numbers
- Sold once: by Dubai Properties on 16 February 2015 for AED 299,000, or AED 419 per sqft.
- Rented since October 2014 on 14 Ejari contracts. The rent fell from AED 70,000 to AED 48,000 in 2021 and recovered to AED 70,000 by July 2026.
- At AED 70,000 a year the gross yield on the 2015 price is 23.4%, 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 28 July 2026.
Questions about 1503, Murjan 2
What did unit 1503 last sell for?
AED 299,000 on 16 February 2015, sold by the developer: AED 419 per sqft for 713 sqft. It is the only registered sale of the unit.
What is the rent for unit 1503?
AED 70,000 a year on the contract signed on 28 July 2026. The previous contract, from November 2025, was AED 82,000; the unit has been rented since October 2014.
How big is unit 1503?
713 sqft (66.2 sqm): a studio on the 15th floor of a 28-storey tower completed in 2007.
What is unit 1503 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 1503, Murjan 2
Starts from the last sale price (AED 299K, 16 February 2015). 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 →