Studio · 714 sqftMurjan 2, Jumeirah Beach Residence · 16th floor · completed 2007

1606, Murjan 2

Sold prices and rental history: sold 4 times, last in February 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 29 September 2026
Last soldAED 1.2M28 February 2016
Current rentAED 60K /yr29 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Murjan 2

What is 1606 worth today?

Last sold for AED 1,200,000 in 2016

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29 Sep 2026RentedNew contract
AED 60,000/yr12 months · AED 84 per sqft
22 Aug 2025RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
5 Feb 2025RentedRenewal
AED 74,000/yr12 months · AED 104 per sqft
5 Feb 2024RentedRenewal
AED 74,000/yr12 months · AED 104 per sqft
5 Feb 2023RentedNew contract
AED 74,000/yr12 months · AED 104 per sqft
1 Oct 2022RentedNew contract
AED 63,000/yr12 months · AED 89 per sqft
15 Aug 2021RentedRenewal
AED 45,000/yr12 months · AED 63 per sqft
15 Aug 2020RentedNew contract
AED 45,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 29 September 2026.

Key facts

Type
Studio apartment
Size
714 sqft
Floor
16th of 28
Parking
B611
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 1.2M · February 2016
Building
Murjan 2

About 1606, Murjan 2

1606 is a studio of 714 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 28 February 2016 for AED 1,200,000, or AED 1,680 per sqft, 9% above the AED 1,540 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, signed on 29 September 2026, is AED 60,000 a year: a gross yield of 5.0% on the 2016 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, 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, December 2007: AED 299,000 (AED 418 per sqft)Sold, March 2008: AED 800,000 (AED 1,120 per sqft)Sold, December 2011: AED 705,000 (AED 987 per sqft)Sold, February 2016: AED 1,200,000 (AED 1,680 per sqft)

1606 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1606, 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, March 2016: AED 75,000 a yearNew contract, March 2017: AED 75,000 a yearRenewal, March 2018: AED 75,000 a yearNew contract, April 2019: AED 58,000 a yearNew contract, August 2020: AED 45,000 a yearRenewal, August 2021: AED 45,000 a yearNew contract, October 2022: AED 63,000 a yearNew contract, February 2023: AED 74,000 a yearRenewal, February 2024: AED 74,000 a yearRenewal, February 2025: AED 74,000 a yearNew contract, August 2025: AED 75,000 a yearNew contract, September 2026: AED 60,000 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 1606 sits

All 158 studios →

1606 last sold in February 2016 at AED 1,680 per sqft, 9% above what studios in Murjan 2 were fetching at the time (AED 1,540). 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. 1606's AED 60,000 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 16th floor

All 278 units in Murjan 2
Value
16011-bedAED 449K · Sep 2013
16021-bedAED 1.2M · Oct 2007
1603StudioAED 299K · Jul 2016
1604StudioAED 1.36M · Aug 2025
1605StudioAED 299K · Oct 2009
1607StudioAED 1.08M · Oct 2023
1608StudioAED 765K · Oct 2019
1–7 of 11

1606, Murjan 2 in numbers

  • Sold 4 times: first on 11 December 2007 for AED 299,000, last on 28 February 2016 for AED 1,200,000 (AED 1,680 per sqft).
  • Rented since March 2016 on 12 Ejari contracts. The rent fell from AED 75,000 to AED 45,000 in 2021 and recovered to AED 60,000 by September 2026.
  • At AED 60,000 a year the gross yield on the 2016 price is 5.0%, 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 29 September 2026.

Questions about 1606, Murjan 2

What did unit 1606 last sell for?

AED 1,200,000 on 28 February 2016: AED 1,680 per sqft for 714 sqft. The unit has 4 registered sales; the first was AED 299,000 in December 2007.

What is the rent for unit 1606?

AED 60,000 a year on the contract signed on 29 September 2026. The previous contract, from August 2025, was AED 75,000; the unit has been rented since March 2016.

How big is unit 1606?

714 sqft (66.3 sqm): a studio on the 16th floor of a 28-storey tower completed in 2007.

What is unit 1606 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 1606, Murjan 2

Starts from the last sale price (AED 1.2M, 28 February 2016). 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 →