1511, Murjan 2
Sold prices and rental history: sold once, by the developer in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1511, Murjan 2
What is 1511 worth today?
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Source: Dubai Land Department. Updated 3 January 2023.
Key facts
- Type
- Studio apartment
- Size
- 720 sqft
- Floor
- 15th of 28
- Parking
- B616
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 14,100 /yr
- Last sold
- AED 375K · December 2012
- Building
- Murjan 2
About 1511, Murjan 2
1511 is a studio of 720 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 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 2013 on 9 Ejari contracts. The current contract, renewed on 3 January 2023, is AED 57,750 a year: a gross yield of 15.4% on the 2012 price, before the service charge of about AED 14,100 a year.
Sales and rents for 1511 over time
1511 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 1511 sits
All 158 studios →1511 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. 1511's AED 57,750 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 | |
| 1503 | Studio | 713 sqft | AED 299KAED 299,000 · Feb 2015February 2015 | 70,000 /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 | |
| 1512 | Studio | 720 sqft | AED 780KAED 780,000 · Feb 2012February 2012 | 70,000 /yr |
1511, Murjan 2 in numbers
- Sold once: by Dubai Properties on 29 December 2012 for AED 375,000, or AED 520 per sqft.
- Rented since May 2013 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 50,000 in 2021 and recovered to AED 57,750 by January 2023.
- At AED 57,750 a year the gross yield on the 2012 price is 15.4%, 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 3 January 2023.
Questions about 1511, Murjan 2
What did unit 1511 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 1511?
AED 57,750 a year on the contract renewed on 3 January 2023. The previous contract, from January 2022, was AED 55,000; the unit has been rented since May 2013.
How big is unit 1511?
720 sqft (66.9 sqm): a studio on the 15th floor of a 28-storey tower completed in 2007.
What is unit 1511 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 1511, 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 →