Studio · 713 sqftMurjan 2, Jumeirah Beach Residence · 15th floor · completed 2007

1508, Murjan 2

Sold prices and rental history: sold 3 times, last in October 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 30 October 2026
Last soldAED 1.34M7 October 2014
Current rentAED 65K /yr30 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, Murjan 2

What is 1508 worth today?

Last sold for AED 1,340,000 in 2014

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30 Oct 2026RentedRenewal
AED 65,000/yr12 months · AED 91 per sqft
30 Oct 2025RentedNew contract
AED 80,000/yr12 months · AED 113 per sqft
1 Nov 2024RentedRenewal
AED 60,500/yr12 months · AED 85 per sqft
1 Nov 2023RentedRenewal
AED 55,000/yr12 months · AED 77 per sqft
1 Nov 2022RentedRenewal
AED 50,000/yr12 months · AED 70 per sqft
1 Nov 2021RentedRenewal
AED 45,000/yr12 months · AED 63 per sqft
1 Nov 2020RentedRenewal
AED 45,000/yr12 months · AED 63 per sqft
1 Nov 2019RentedRenewal
AED 60,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 30 October 2026.

Key facts

Type
Studio apartment
Size
713 sqft
Floor
15th of 28
Parking
B619
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 1.34M · October 2014
Building
Murjan 2

About 1508, Murjan 2

1508 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. It last sold on 7 October 2014 for AED 1,340,000, or AED 1,880 per sqft, 19% above the AED 1,584 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 30 October 2026, is AED 65,000 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1508 over time

Sales
Unit 1508, each saleTypical studio in Murjan 2
500K1M1.5M20072012201720222027Typical 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 2007: AED 275,000 (AED 385 per sqft)Sold, July 2008: AED 1,040,000 (AED 1,459 per sqft)Sold, October 2014: AED 1,340,000 (AED 1,880 per sqft)

1508 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1508, 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, November 2014: AED 82,000 a yearNew contract, November 2016: AED 80,000 a yearRenewal, November 2017: AED 70,000 a yearNew contract, November 2018: AED 60,000 a yearRenewal, November 2019: AED 60,000 a yearRenewal, November 2020: AED 45,000 a yearRenewal, November 2021: AED 45,000 a yearRenewal, November 2022: AED 50,000 a yearRenewal, November 2023: AED 55,000 a yearRenewal, November 2024: AED 60,500 a yearNew contract, October 2025: AED 80,000 a yearRenewal, October 2026: AED 65,000 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 1508 sits

All 158 studios →

1508 last sold in October 2014 at AED 1,880 per sqft, 19% above what studios in Murjan 2 were fetching at the time (AED 1,584). 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. 1508's AED 65,000 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 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
1507StudioAED 1.2M · Mar 2025
1–7 of 11

1508, Murjan 2 in numbers

  • Sold 3 times: first on 11 December 2007 for AED 275,000, last on 7 October 2014 for AED 1,340,000 (AED 1,880 per sqft).
  • Rented since November 2014 on 12 Ejari contracts. The rent fell from AED 82,000 to AED 45,000 in 2021 and recovered to AED 65,000 by October 2026.
  • At AED 65,000 a year the gross yield on the 2014 price is 4.9%, 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 30 October 2026.

Questions about 1508, Murjan 2

What did unit 1508 last sell for?

AED 1,340,000 on 7 October 2014: AED 1,880 per sqft for 713 sqft. The unit has 3 registered sales; the first was AED 275,000 in December 2007.

What is the rent for unit 1508?

AED 65,000 a year on the contract renewed on 30 October 2026. The previous contract, from October 2025, was AED 80,000; the unit has been rented since November 2014.

How big is unit 1508?

713 sqft (66.2 sqm): a studio on the 15th floor of a 28-storey tower completed in 2007.

What is unit 1508 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 1508, Murjan 2

Starts from the last sale price (AED 1.34M, 7 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,340,000
Deposit, UAE resident (20%)
AED 268,000
Deposit, non-resident (40%)
AED 536,000
Monthly over 25 years at 3.7%
AED 5,482

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