Studio · 714 sqftMurjan 2, Jumeirah Beach Residence · 15th floor · completed 2007

1507, Murjan 2

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 1.2M10 March 2025
Current rentAED 48K /yr12 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Murjan 2

What is 1507 worth today?

Last sold for AED 1,203,829 in 2025

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10 Mar 2025SoldReady
AED 1,203,829AED 1,686 per sqft
12 Dec 2020RentedNew contract
AED 47,500/yr12 months · AED 67 per sqft
20 Feb 2019RentedNew contract
AED 60,000/yr12 months · AED 84 per sqft
5 Aug 2018RentedNew contract
AED 63,000/yr12 months · AED 89 per sqft
5 Feb 2018RentedNew contract
AED 65,000/yr12 months · AED 91 per sqft
10 Oct 2017RentedNew contract
AED 79,786/yr12 months · AED 112 per sqft
20 Oct 2015RentedNew contract
AED 59,839/yr12 months · AED 84 per sqft
1 Aug 2015RentedNew contract
AED 64,826/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
Studio apartment
Size
714 sqft
Floor
15th of 28
Parking
B613
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 1.2M · March 2025
Building
Murjan 2

About 1507, Murjan 2

1507 is a studio of 714 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 10 March 2025 for AED 1,203,829, or AED 1,686 per sqft, 7% above the AED 1,582 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 12 December 2020, is AED 47,500 a year: a gross yield of 4.0% on the 2025 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1507 over time

Sales
Unit 1507, 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, September 2013: AED 299,000 (AED 418 per sqft)Sold, March 2025: AED 1,203,829 (AED 1,686 per sqft)

1507 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1507, each contractTypical studio in Murjan 2
60K80K2012201620202024Typical 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, August 2015: AED 64,826 a yearNew contract, October 2015: AED 59,839 a yearNew contract, October 2017: AED 79,786 a yearNew contract, February 2018: AED 65,000 a yearNew contract, August 2018: AED 63,000 a yearNew contract, February 2019: AED 60,000 a yearNew contract, December 2020: AED 47,500 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 1507 sits

All 158 studios →

1507 last sold in March 2025 at AED 1,686 per sqft, 7% above what studios in Murjan 2 were fetching at the time (AED 1,582). 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. 1507's AED 47,500 is at the bottom 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 15th floor

All 278 units in Murjan 2
Value
15011-bedAED 449K · Oct 2012
15021-bedAED 1.83M · Sep 2022
1503StudioAED 299K · Feb 2015
1504StudioAED 299K · Feb 2015
1505StudioAED 1.41M · Jul 2024
1506StudioAED 1.08M · Oct 2023
1508StudioAED 1.34M · Oct 2014
1–7 of 11

1507, Murjan 2 in numbers

  • Sold twice: first on 8 September 2013 for AED 299,000, last on 10 March 2025 for AED 1,203,829 (AED 1,686 per sqft).
  • Rented since August 2015 on 7 Ejari contracts, from AED 64,826 to AED 47,500 a year.
  • At AED 47,500 a year the gross yield on the 2025 price is 4.0%, 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 10 March 2025.

Questions about 1507, Murjan 2

What did unit 1507 last sell for?

AED 1,203,829 on 10 March 2025: AED 1,686 per sqft for 714 sqft. The unit has 2 registered sales; the first was AED 299,000 in September 2013.

What is the rent for unit 1507?

AED 47,500 a year on the contract signed on 12 December 2020. The previous contract, from February 2019, was AED 60,000; the unit has been rented since August 2015.

How big is unit 1507?

714 sqft (66.3 sqm): a studio on the 15th floor of a 28-storey tower completed in 2007.

What is unit 1507 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 1507, Murjan 2

Starts from the last sale price (AED 1.2M, 10 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,203,829
Deposit, UAE resident (20%)
AED 240,766
Deposit, non-resident (40%)
AED 481,532
Monthly over 25 years at 3.7%
AED 4,925

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