1-bed · 1,101 sqftMurjan 2, Jumeirah Beach Residence · 17th floor · completed 2007

1710, Murjan 2

Sold prices and rental history: sold once, by the developer in August 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1710 · DLD and Ejari recordsUpdated 4 August 2022
Last soldAED 680K30 August 2012
Current rentAED 80K /yr4 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1710, Murjan 2

What is 1710 worth today?

Last sold for AED 680,000 in 2012

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4 Aug 2022RentedNew contract
AED 80,000/yr12 months · AED 73 per sqft
1 Apr 2021RentedRenewal
AED 74,000/yr12 months · AED 67 per sqft
1 Apr 2020RentedNew contract
AED 74,000/yr12 months · AED 67 per sqft
4 Oct 2018RentedRenewal
AED 84,000/yr12 months · AED 77 per sqft
5 Oct 2017RentedRenewal
AED 84,000/yr12 months · AED 77 per sqft
5 Oct 2016RentedRenewal
AED 84,000/yr12 months · AED 77 per sqft
5 Oct 2015RentedRenewal
AED 84,000/yr12 months · AED 77 per sqft
5 Oct 2014RentedRenewal
AED 84,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 4 August 2022.

Key facts

Type
1-bed apartment
Size
1,101 sqft
Floor
17th of 28
Parking
B695
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,500 /yr
Last sold
AED 680K · August 2012
Building
Murjan 2

About 1710, Murjan 2

1710 is a one-bedroom apartment of 1,101 sqft on the 17th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 30 August 2012 for AED 680,000, or AED 617 per sqft, 7% below the AED 662 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 4 August 2022, is AED 80,000 a year: a gross yield of 11.8% on the 2012 price, before the service charge of about AED 21,500 a year.

Sales and rents for 1710 over time

Sales
Unit 1710, each saleTypical one-bed in Murjan 2
1M2M20072012201720222027Typical sale price by year: 2007 AED 449,000; 2008 AED 540,000; 2009 AED 475,000; 2010 AED 937,500; 2011 AED 645,000; 2012 AED 950,000; 2013 AED 449,000; 2014 AED 1,755,000; 2017 AED 1,350,000; 2018 AED 1,322,500; 2019 AED 1,000,000; 2021 AED 1,100,000; 2022 AED 1,405,797; 2023 AED 1,418,220; 2024 AED 1,545,000; 2025 AED 1,815,000; 2026 AED 1,840,410Sold by developer, August 2012: AED 680,000 (AED 617 per sqft)

1710 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1710, each contractTypical one-bed in Murjan 2
60K80K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 90,000; 2014 AED 93,500; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 80,116; 2020 AED 70,000; 2021 AED 65,000; 2022 AED 71,500; 2023 AED 85,000; 2024 AED 97,500; 2025 AED 100,000; 2026 AED 97,000New contract, October 2013: AED 70,000 a yearRenewal, October 2014: AED 84,000 a yearRenewal, October 2015: AED 84,000 a yearRenewal, October 2016: AED 84,000 a yearRenewal, October 2017: AED 84,000 a yearRenewal, October 2018: AED 84,000 a yearNew contract, April 2020: AED 74,000 a yearRenewal, April 2021: AED 74,000 a yearNew contract, August 2022: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Murjan 2, and where 1710 sits

All 128 1-beds →

1710 last sold in August 2012 at AED 617 per sqft, 7% below what one-beds in Murjan 2 were fetching at the time (AED 662). Over the last 12 months one-beds sold for AED 1,580,000 to 2,100,000, around AED 1,617 per sqft, and rent for AED 60,000 to 250,000 a year. 1710's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Sep 20261,580,000
11 Aug 20262,100,000
20 Apr 20261,615,819
30 Jan 20262,065,000
7 1-bed 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

1710, Murjan 2 in numbers

  • Sold once: by Dubai Properties on 30 August 2012 for AED 680,000, or AED 617 per sqft.
  • Rented since October 2013 on 9 Ejari contracts, from AED 70,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2012 price is 11.8%, before a service charge of about AED 21,500 a year (AED 19.53 per sqft).
  • One-beds in Murjan 2 sold for AED 1,580,000–2,100,000 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 4 August 2022.

Questions about 1710, Murjan 2

What did unit 1710 last sell for?

AED 680,000 on 30 August 2012, sold by the developer: AED 617 per sqft for 1,101 sqft. It is the only registered sale of the unit.

What is the rent for unit 1710?

AED 80,000 a year on the contract signed on 4 August 2022. The previous contract, from April 2021, was AED 74,000; the unit has been rented since October 2013.

How big is unit 1710?

1,101 sqft (102.3 sqm): a one-bedroom apartment on the 17th floor of a 28-storey tower completed in 2007.

What is unit 1710 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Murjan 2 sold for AED 1,580,000 to 2,100,000 in the last 12 months, around AED 1,617 per sqft.

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Mortgage on 1710, Murjan 2

Starts from the last sale price (AED 680K, 30 August 2012). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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