1703, Murjan 2
Sold prices and rental history: sold 3 times, last in June 2023, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1703, Murjan 2
What is 1703 worth today?
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Source: Dubai Land Department. Updated 14 June 2023.
Key facts
- Type
- Studio apartment
- Size
- 713 sqft
- Floor
- 17th of 28
- Parking
- B608
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 1.35M · June 2023
- Building
- Murjan 2
About 1703, Murjan 2
1703 is a studio of 713 sqft on the 17th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 14 June 2023 for AED 1,350,000, or AED 1,894 per sqft, 23% above the AED 1,540 studios in the building were fetching at the time.
It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 30 January 2017, is AED 101,918 a year: a gross yield of 7.5% on the 2023 price, before the service charge of about AED 13,900 a year.
Sales and rents for 1703 over time
1703 has sold 3 times; 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 1703 sits
All 158 studios →1703 last sold in June 2023 at AED 1,894 per sqft, 23% 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. 1703's AED 101,918 is in the upper 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 17th floor
All 278 units in Murjan 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Sep 2013September 2013 | 90,956 /yr | |
| 1702 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Sep 2007September 2007 | ||
| 1704 | Studio | 714 sqft | AED 1.4MAED 1,400,000 · Jul 2014July 2014 | 61,500 /yr | |
| 1705 | Studio | 714 sqft | AED 1.25MAED 1,250,000 · Jan 2018January 2018 | 99,732 /yr | |
| 1706 | Studio | 714 sqft | AED 1.1MAED 1,100,000 · Jun 2021June 2021 | 75,000 /yr | |
| 1707 | Studio | 714 sqft | AED 1MAED 1,000,000 · Nov 2024November 2024 | 100,000 /yr | |
| 1708 | Studio | 713 sqft | AED 800KAED 800,000 · Jun 2016June 2016 | 64,000 /yr | |
| 1709 | 1-bed | 1,101 sqft | AED 1.1MAED 1,100,000 · Mar 2021March 2021 | 80,000 /yr | |
| 1710 | 1-bed | 1,101 sqft | AED 680KAED 680,000 · Aug 2012August 2012 | 80,000 /yr | |
| 1711 | Studio | 720 sqft | AED 1.35MAED 1,350,000 · Feb 2026February 2026 | 63,333 /yr | |
| 1712 | Studio | 720 sqft | AED 1.45MAED 1,450,000 · May 2025May 2025 | 74,000 /yr |
1703, Murjan 2 in numbers
- Sold 3 times: first on 27 August 2008 for AED 299,000, last on 14 June 2023 for AED 1,350,000 (AED 1,894 per sqft).
- Rented since April 2015 on 2 Ejari contracts, from AED 80,000 to AED 101,918 a year.
- At AED 101,918 a year the gross yield on the 2023 price is 7.5%, 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 14 June 2023.
Questions about 1703, Murjan 2
What did unit 1703 last sell for?
AED 1,350,000 on 14 June 2023: AED 1,894 per sqft for 713 sqft. The unit has 3 registered sales; the first was AED 299,000 in August 2008.
What is the rent for unit 1703?
AED 101,918 a year on the contract signed on 30 January 2017. The previous contract, from April 2015, was AED 80,000.
How big is unit 1703?
713 sqft (66.2 sqm): a studio on the 17th floor of a 28-storey tower completed in 2007.
What is unit 1703 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 1703, Murjan 2
Starts from the last sale price (AED 1.35M, 14 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →