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

1607, Murjan 2

Sold prices and rental history: sold 4 times, last in October 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 25 July 2026
Last soldAED 1.08M25 October 2023
Current rentAED 75K /yr25 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, Murjan 2

What is 1607 worth today?

Last sold for AED 1,083,334 in 2023

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25 Jul 2026RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
1 Jul 2026RentedRenewal
AED 107,000/yr12 months · AED 151 per sqft
1 Jul 2025RentedRenewal
AED 88,000/yr12 months · AED 124 per sqft
15 Oct 2024RentedNew contract
AED 105,000/yr12 months · AED 148 per sqft
1 Jul 2024RentedNew contract
AED 104,000/yr12 months · AED 146 per sqft
25 Oct 2023SoldReady
AED 1,083,334AED 1,517 per sqft
1 Jul 2020RentedRenewal
AED 63,450/yr3 months · AED 89 per sqft
23 Sep 2019SoldReady
AED 700,000AED 980 per sqft

Source: Dubai Land Department. Updated 25 July 2026.

Key facts

Type
Studio apartment
Size
714 sqft
Floor
16th of 28
Parking
B623
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 1.08M · October 2023
Building
Murjan 2

About 1607, Murjan 2

1607 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 25 October 2023 for AED 1,083,334, or AED 1,517 per sqft, in line with the AED 1,562 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 25 July 2026, is AED 75,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1607 over time

Sales
Unit 1607, 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, September 2007: AED 299,000 (AED 418 per sqft)Sold, October 2007: AED 850,000 (AED 1,190 per sqft)Sold, September 2019: AED 700,000 (AED 980 per sqft)Sold, October 2023: AED 1,083,334 (AED 1,517 per sqft)

1607 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1607, each contractTypical studio in Murjan 2
50K100K2012201620202024Typical 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, July 2016: AED 64,130 a yearRenewal, July 2017: AED 64,130 a yearRenewal, July 2018: AED 64,130 a yearRenewal, July 2019: AED 64,130 a yearRenewal, July 2020: AED 63,450 a yearNew contract, July 2024: AED 104,000 a yearNew contract, October 2024: AED 105,000 a yearRenewal, July 2025: AED 88,000 a yearNew contract, July 2026: AED 75,000 a yearRenewal, July 2026: AED 107,000 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 1607 sits

All 158 studios →

1607 last sold in October 2023 at AED 1,517 per sqft, in line with what studios in Murjan 2 were fetching at the time (AED 1,562). 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. 1607's AED 75,000 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
1606StudioAED 1.2M · Feb 2016
1608StudioAED 765K · Oct 2019
1–7 of 11

1607, Murjan 2 in numbers

  • Sold 4 times: first on 6 September 2007 for AED 299,000, last on 25 October 2023 for AED 1,083,334 (AED 1,517 per sqft).
  • Rented since July 2016 on 10 Ejari contracts, from AED 64,130 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 6.9%, 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 25 July 2026.

Questions about 1607, Murjan 2

What did unit 1607 last sell for?

AED 1,083,334 on 25 October 2023: AED 1,517 per sqft for 714 sqft. The unit has 4 registered sales; the first was AED 299,000 in September 2007.

What is the rent for unit 1607?

AED 75,000 a year on the contract signed on 25 July 2026. The previous contract, from July 2026, was AED 107,000; the unit has been rented since July 2016.

How big is unit 1607?

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

What is unit 1607 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 1607, Murjan 2

Starts from the last sale price (AED 1.08M, 25 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,083,334
Deposit, UAE resident (20%)
AED 216,667
Deposit, non-resident (40%)
AED 433,334
Monthly over 25 years at 3.7%
AED 4,432

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