1704, Murjan 2
Sold prices and rental history: sold twice, last in July 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1704, Murjan 2
What is 1704 worth today?
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Source: Dubai Land Department. Updated 23 November 2022.
Key facts
- Type
- Studio apartment
- Size
- 714 sqft
- Floor
- 17th of 28
- Parking
- B604
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 1.4M · July 2014
- Building
- Murjan 2
About 1704, Murjan 2
1704 is a studio of 714 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 17 July 2014 for AED 1,400,000, or AED 1,960 per sqft, 47% above the AED 1,330 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 23 November 2022, is AED 61,500 a year: a gross yield of 4.4% on the 2014 price, before the service charge of about AED 13,900 a year.
Sales and rents for 1704 over time
1704 has sold twice; 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 1704 sits
All 158 studios →1704 last sold in July 2014 at AED 1,960 per sqft, 47% above what studios in Murjan 2 were fetching at the time (AED 1,330). 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. 1704's AED 61,500 is in the lower 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 | ||
| 1703 | Studio | 713 sqft | AED 1.35MAED 1,350,000 · Jun 2023June 2023 | 101,918 /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 |
1704, Murjan 2 in numbers
- Sold twice: first on 10 October 2007 for AED 299,000, last on 17 July 2014 for AED 1,400,000 (AED 1,960 per sqft).
- Rented since September 2014 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 50,000 in 2020 and recovered to AED 61,500 by November 2022.
- At AED 61,500 a year the gross yield on the 2014 price is 4.4%, 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 23 November 2022.
Questions about 1704, Murjan 2
What did unit 1704 last sell for?
AED 1,400,000 on 17 July 2014: AED 1,960 per sqft for 714 sqft. The unit has 2 registered sales; the first was AED 299,000 in October 2007.
What is the rent for unit 1704?
AED 61,500 a year on the contract renewed on 23 November 2022. The previous contract, from November 2021, was AED 61,500; the unit has been rented since September 2014.
How big is unit 1704?
714 sqft (66.3 sqm): a studio on the 17th floor of a 28-storey tower completed in 2007.
What is unit 1704 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 1704, Murjan 2
Starts from the last sale price (AED 1.4M, 17 July 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →