1-bed · 1,108 sqftMurjan 2, Jumeirah Beach Residence · 16th floor · completed 2007

1602, Murjan 2

Sold prices and rental history: sold twice, last in October 2007, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 28 January 2026
Last soldAED 1.2M3 October 2007
Current rentAED 110K /yr28 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Murjan 2

What is 1602 worth today?

Last sold for AED 1,200,000 in 2007

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28 Jan 2026RentedNew contract
AED 110,000/yr12 months · AED 99 per sqft
28 Apr 2023RentedNew contract
AED 110,000/yr12 months · AED 99 per sqft
20 Dec 2021RentedRenewal
AED 70,000/yr12 months · AED 63 per sqft
20 Dec 2020RentedNew contract
AED 70,000/yr12 months · AED 63 per sqft
15 Oct 2019RentedRenewal
AED 100,000/yr8 months · AED 90 per sqft
15 Oct 2018RentedRenewal
AED 100,000/yr12 months · AED 90 per sqft
15 Oct 2017RentedRenewal
AED 115,000/yr12 months · AED 104 per sqft
15 Oct 2016RentedNew contract
AED 115,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 28 January 2026.

Key facts

Type
1-bed apartment
Size
1,108 sqft
Floor
16th of 28
Parking
G434
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,600 /yr
Last sold
AED 1.2M · October 2007
Building
Murjan 2

About 1602, Murjan 2

1602 is a one-bedroom apartment of 1,108 sqft on the 16th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 3 October 2007 for AED 1,200,000, or AED 1,083 per sqft, 116% above the AED 502 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 28 January 2026, is AED 110,000 a year: a gross yield of 9.2% on the 2007 price, before the service charge of about AED 21,600 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical one-bed in Murjan 2
1M2M20072012201720222027Typical sale price by year: 2007 AED 449,000; 2008 AED 540,000; 2009 AED 475,000; 2010 AED 937,500; 2011 AED 645,000; 2012 AED 950,000; 2013 AED 449,000; 2014 AED 1,755,000; 2017 AED 1,350,000; 2018 AED 1,322,500; 2019 AED 1,000,000; 2021 AED 1,100,000; 2022 AED 1,405,797; 2023 AED 1,418,220; 2024 AED 1,545,000; 2025 AED 1,815,000; 2026 AED 1,840,410Sold by developer, September 2007: AED 449,000 (AED 405 per sqft)Sold, October 2007: AED 1,200,000 (AED 1,083 per sqft)

1602 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1602, each contractTypical one-bed in Murjan 2
75K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 90,000; 2014 AED 93,500; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 80,116; 2020 AED 70,000; 2021 AED 65,000; 2022 AED 71,500; 2023 AED 85,000; 2024 AED 97,500; 2025 AED 100,000; 2026 AED 97,000New contract, October 2016: AED 115,000 a yearRenewal, October 2017: AED 115,000 a yearRenewal, October 2018: AED 100,000 a yearRenewal, October 2019: AED 100,000 a yearNew contract, December 2020: AED 70,000 a yearRenewal, December 2021: AED 70,000 a yearNew contract, April 2023: AED 110,000 a yearNew contract, January 2026: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Murjan 2, and where 1602 sits

All 128 1-beds →

1602 last sold in October 2007 at AED 1,083 per sqft, 116% above what one-beds in Murjan 2 were fetching at the time (AED 502). Over the last 12 months one-beds sold for AED 1,580,000 to 2,100,000, around AED 1,617 per sqft, and rent for AED 60,000 to 250,000 a year. 1602's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Sep 20261,580,000
11 Aug 20262,100,000
20 Apr 20261,615,819
30 Jan 20262,065,000
7 1-bed 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 16th floor

All 278 units in Murjan 2
Value
16011-bedAED 449K · Sep 2013
1603StudioAED 299K · Jul 2016
1604StudioAED 1.36M · Aug 2025
1605StudioAED 299K · Oct 2009
1606StudioAED 1.2M · Feb 2016
1607StudioAED 1.08M · Oct 2023
1608StudioAED 765K · Oct 2019
1–7 of 11

1602, Murjan 2 in numbers

  • Sold twice: first on 13 September 2007 for AED 449,000, last on 3 October 2007 for AED 1,200,000 (AED 1,083 per sqft).
  • Rented since October 2016 on 8 Ejari contracts. The rent fell from AED 115,000 to AED 70,000 in 2021 and recovered to AED 110,000 by January 2026.
  • At AED 110,000 a year the gross yield on the 2007 price is 9.2%, before a service charge of about AED 21,600 a year (AED 19.53 per sqft).
  • One-beds in Murjan 2 sold for AED 1,580,000–2,100,000 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 January 2026.

Questions about 1602, Murjan 2

What did unit 1602 last sell for?

AED 1,200,000 on 3 October 2007: AED 1,083 per sqft for 1,108 sqft. The unit has 2 registered sales; the first was AED 449,000 in September 2007.

What is the rent for unit 1602?

AED 110,000 a year on the contract signed on 28 January 2026. The previous contract, from April 2023, was AED 110,000; the unit has been rented since October 2016.

How big is unit 1602?

1,108 sqft (102.9 sqm): a one-bedroom apartment on the 16th floor of a 28-storey tower completed in 2007.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Murjan 2 sold for AED 1,580,000 to 2,100,000 in the last 12 months, around AED 1,617 per sqft.

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Mortgage on 1602, Murjan 2

Starts from the last sale price (AED 1.2M, 3 October 2007). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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