Studio · 713 sqftMurjan 2, Jumeirah Beach Residence · 17th floor · completed 2007

1708, Murjan 2

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

Unit 1708 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 800K13 June 2016
Current rentAED 64K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1708, Murjan 2

What is 1708 worth today?

Last sold for AED 800,000 in 2016

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1 Jan 2025RentedNew contract
AED 64,000/yr12 months · AED 90 per sqft
1 Jan 2023RentedNew contract
AED 55,000/yr12 months · AED 77 per sqft
1 Dec 2019RentedNew contract
AED 60,000/yr12 months · AED 84 per sqft
30 Nov 2016RentedNew contract
AED 74,792/yr12 months · AED 105 per sqft
13 Jun 2016SoldReady
AED 800,000AED 1,122 per sqft
11 Dec 2007Sold by developerReady
AED 275,000AED 385 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
Studio apartment
Size
713 sqft
Floor
17th of 28
Parking
B602
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 800K · June 2016
Building
Murjan 2

About 1708, Murjan 2

1708 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 13 June 2016 for AED 800,000, or AED 1,122 per sqft, 27% below the AED 1,540 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 1 January 2025, is AED 64,000 a year: a gross yield of 8.0% on the 2016 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1708 over time

Sales
Unit 1708, 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 275,000 (AED 385 per sqft)Sold, June 2016: AED 800,000 (AED 1,122 per sqft)

1708 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1708, each contractTypical studio in Murjan 2
60K80K2012201620202024Typical 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, November 2016: AED 74,792 a yearNew contract, December 2019: AED 60,000 a yearNew contract, January 2023: AED 55,000 a yearNew contract, January 2025: AED 64,000 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 1708 sits

All 158 studios →

1708 last sold in June 2016 at AED 1,122 per sqft, 27% below 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. 1708's AED 64,000 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 17th floor

All 278 units in Murjan 2
Value
17011-bedAED 449K · Sep 2013
17021-bedAED 449K · Sep 2007
1703StudioAED 1.35M · Jun 2023
1704StudioAED 1.4M · Jul 2014
1705StudioAED 1.25M · Jan 2018
1706StudioAED 1.1M · Jun 2021
1707StudioAED 1M · Nov 2024
1–7 of 11

1708, Murjan 2 in numbers

  • Sold twice: first on 11 December 2007 for AED 275,000, last on 13 June 2016 for AED 800,000 (AED 1,122 per sqft).
  • Rented since November 2016 on 4 Ejari contracts. The rent fell from AED 74,792 to AED 55,000 in 2023 and recovered to AED 64,000 by January 2025.
  • At AED 64,000 a year the gross yield on the 2016 price is 8.0%, 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 1 January 2025.

Questions about 1708, Murjan 2

What did unit 1708 last sell for?

AED 800,000 on 13 June 2016: AED 1,122 per sqft for 713 sqft. The unit has 2 registered sales; the first was AED 275,000 in December 2007.

What is the rent for unit 1708?

AED 64,000 a year on the contract signed on 1 January 2025. The previous contract, from January 2023, was AED 55,000; the unit has been rented since November 2016.

How big is unit 1708?

713 sqft (66.2 sqm): a studio on the 17th floor of a 28-storey tower completed in 2007.

What is unit 1708 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 1708, Murjan 2

Starts from the last sale price (AED 800K, 13 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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