Studio · 720 sqftMurjan 2, Jumeirah Beach Residence · 15th floor · completed 2007

1512, Murjan 2

Sold prices and rental history: sold twice, last in February 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1512 · DLD and Ejari recordsUpdated 28 July 2025
Last soldAED 780K14 February 2012
Current rentAED 70K /yr28 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1512, Murjan 2

What is 1512 worth today?

Last sold for AED 780,000 in 2012

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28 Jul 2025RentedRenewal
AED 70,000/yr12 months · AED 97 per sqft
28 Jul 2025RentedRenewal
AED 70,000/yr12 months · AED 97 per sqft
28 Jul 2024RentedRenewal
AED 70,000/yr12 months · AED 97 per sqft
28 Jul 2023RentedNew contract
AED 70,000/yr12 months · AED 97 per sqft
15 Feb 2022RentedNew contract
AED 60,000/yr12 months · AED 83 per sqft
1 Mar 2019RentedNew contract
AED 60,173/yr12 months · AED 83 per sqft
4 Apr 2018RentedNew contract
AED 69,806/yr12 months · AED 97 per sqft
26 Aug 2015RentedNew contract
AED 85,000/yr12 months · AED 118 per sqft

Source: Dubai Land Department. Updated 28 July 2025.

Key facts

Type
Studio apartment
Size
720 sqft
Floor
15th of 28
Parking
B620
Developer
Dubai Properties
Completed
2007
Service charge
AED 14,100 /yr
Last sold
AED 780K · February 2012
Building
Murjan 2

About 1512, Murjan 2

1512 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. It last sold on 14 February 2012 for AED 780,000, or AED 1,083 per sqft, 10% above the AED 987 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 28 July 2025, is AED 70,000 a year: a gross yield of 9.0% on the 2012 price, before the service charge of about AED 14,100 a year.

Sales and rents for 1512 over time

Sales
Unit 1512, 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, March 2009: AED 930,000 (AED 1,291 per sqft)Sold, February 2012: AED 780,000 (AED 1,083 per sqft)

1512 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1512, 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 85,000 a yearNew contract, April 2018: AED 69,806 a yearNew contract, March 2019: AED 60,173 a yearNew contract, February 2022: AED 60,000 a yearNew contract, July 2023: AED 70,000 a yearRenewal, July 2024: AED 70,000 a yearRenewal, July 2025: AED 70,000 a yearRenewal, July 2025: AED 70,000 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 1512 sits

All 158 studios →

1512 last sold in February 2012 at AED 1,083 per sqft, 10% above what studios in Murjan 2 were fetching at the time (AED 987). 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. 1512's AED 70,000 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

1512, Murjan 2 in numbers

  • Sold twice: first on 25 March 2009 for AED 930,000, last on 14 February 2012 for AED 780,000 (AED 1,083 per sqft).
  • Rented since August 2015 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2022 and recovered to AED 70,000 by July 2025.
  • At AED 70,000 a year the gross yield on the 2012 price is 9.0%, 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 28 July 2025.

Questions about 1512, Murjan 2

What did unit 1512 last sell for?

AED 780,000 on 14 February 2012: AED 1,083 per sqft for 720 sqft. The unit has 2 registered sales; the first was AED 930,000 in March 2009.

What is the rent for unit 1512?

AED 70,000 a year on the contract renewed on 28 July 2025. The previous contract, from July 2025, was AED 70,000; the unit has been rented since August 2015.

How big is unit 1512?

720 sqft (66.9 sqm): a studio on the 15th floor of a 28-storey tower completed in 2007.

What is unit 1512 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 1512, Murjan 2

Starts from the last sale price (AED 780K, 14 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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