Studio · 720 sqftMurjan 2, Jumeirah Beach Residence · 20th floor · completed 2007

2012, Murjan 2

Sold prices and rental history: sold twice, last in October 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2012 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 992K3 October 2017
Current rentAED 46K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2012, Murjan 2

What is 2012 worth today?

Last sold for AED 991,500 in 2017

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1 Oct 2024RentedRenewal
AED 46,000/yr12 months · AED 64 per sqft
1 Oct 2023RentedRenewal
AED 46,000/yr12 months · AED 64 per sqft
1 Oct 2022RentedRenewal
AED 45,000/yr12 months · AED 62 per sqft
1 Oct 2021RentedRenewal
AED 40,000/yr12 months · AED 55 per sqft
1 Oct 2020RentedNew contract
AED 40,000/yr12 months · AED 55 per sqft
2 Jun 2019RentedRenewal
AED 49,600/yr15 months · AED 69 per sqft
1 Jun 2018RentedNew contract
AED 68,809/yr12 months · AED 95 per sqft
3 Oct 2017SoldReady
AED 991,500AED 1,377 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio apartment
Size
720 sqft
Floor
20th of 28
Parking
B678
Developer
Dubai Properties
Completed
2007
Service charge
AED 14,100 /yr
Last sold
AED 992K · October 2017
Building
Murjan 2

About 2012, Murjan 2

2012 is a studio of 720 sqft on the 20th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 3 October 2017 for AED 991,500, or AED 1,377 per sqft, 13% below the AED 1,575 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 46,000 a year: a gross yield of 4.6% on the 2017 price, before the service charge of about AED 14,100 a year.

Sales and rents for 2012 over time

Sales
Unit 2012, 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 2008: AED 610,000 (AED 847 per sqft)Sold, October 2017: AED 991,500 (AED 1,377 per sqft)

2012 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2012, each contractTypical studio in Murjan 2
40K60K80K2012201620202024Typical 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, March 2017: AED 77,000 a yearNew contract, June 2018: AED 68,809 a yearRenewal, June 2019: AED 49,600 a yearNew contract, October 2020: AED 40,000 a yearRenewal, October 2021: AED 40,000 a yearRenewal, October 2022: AED 45,000 a yearRenewal, October 2023: AED 46,000 a yearRenewal, October 2024: AED 46,000 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 2012 sits

All 158 studios →

2012 last sold in October 2017 at AED 1,377 per sqft, 13% below what studios in Murjan 2 were fetching at the time (AED 1,575). 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. 2012's AED 46,000 is at the bottom 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 20th floor

All 278 units in Murjan 2
Value
20011-bedAED 1.57M · Sep 2009
20021-bedAED 1.8M · Apr 2024
2003StudioAED 299K · Jun 2010
2004StudioAED 1.4M · Aug 2025
2005StudioAED 1.2M · Jun 2026
2006StudioAED 1.03M · Apr 2023
2007StudioAED 1M · May 2016
1–7 of 11

2012, Murjan 2 in numbers

  • Sold twice: first on 30 December 2008 for AED 610,000, last on 3 October 2017 for AED 991,500 (AED 1,377 per sqft).
  • Rented since March 2017 on 8 Ejari contracts. The rent fell from AED 77,000 to AED 40,000 in 2021 and recovered to AED 46,000 by October 2024.
  • At AED 46,000 a year the gross yield on the 2017 price is 4.6%, before a service charge of about AED 14,100 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 October 2024.

Questions about 2012, Murjan 2

What did unit 2012 last sell for?

AED 991,500 on 3 October 2017: AED 1,377 per sqft for 720 sqft. The unit has 2 registered sales; the first was AED 610,000 in December 2008.

What is the rent for unit 2012?

AED 46,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 46,000; the unit has been rented since March 2017.

How big is unit 2012?

720 sqft (66.9 sqm): a studio on the 20th floor of a 28-storey tower completed in 2007.

What is unit 2012 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 2012, Murjan 2

Starts from the last sale price (AED 992K, 3 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 991,500
Deposit, UAE resident (20%)
AED 198,300
Deposit, non-resident (40%)
AED 396,600
Monthly over 25 years at 3.7%
AED 4,057

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