1-bed · 1,074 sqftMurjan 2, Jumeirah Beach Residence · 23rd floor · completed 2007

2307, Murjan 2

Sold prices and rental history: sold once, by the developer in April 2008, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2307 · DLD and Ejari recordsUpdated 10 December 2024
Last soldAED 449K13 April 2008
Current rentAED 100K /yr10 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2307, Murjan 2

What is 2307 worth today?

Last sold for AED 449,000 in 2008

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10 Dec 2024RentedRenewal
AED 100,000/yr6 months · AED 93 per sqft
10 Dec 2024RentedRenewal
AED 100,000/yr6 months · AED 93 per sqft
10 Dec 2023RentedRenewal
AED 90,000/yr12 months · AED 84 per sqft
10 Dec 2022RentedNew contract
AED 90,000/yr12 months · AED 84 per sqft
10 Dec 2020RentedNew contract
AED 64,000/yr12 months · AED 59 per sqft
1 Nov 2018RentedNew contract
AED 80,000/yr12 months · AED 74 per sqft
5 Sep 2017RentedRenewal
AED 107,500/yr12 months · AED 100 per sqft
5 Sep 2016RentedNew contract
AED 107,500/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 10 December 2024.

Key facts

Type
1-bed apartment
Size
1,074 sqft
Floor
23rd of 28
Parking
B565
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,000 /yr
Last sold
AED 449K · April 2008
Building
Murjan 2

About 2307, Murjan 2

2307 is a one-bedroom apartment of 1,074 sqft on the 23rd floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 13 April 2008 for AED 449,000, or AED 418 per sqft, in line with the AED 418 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 10 December 2024, is AED 100,000 a year: a gross yield of 22.3% on the 2008 price, before the service charge of about AED 21,000 a year.

Sales and rents for 2307 over time

Sales
Unit 2307, 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, April 2008: AED 449,000 (AED 418 per sqft)

2307 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2307, 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, September 2016: AED 107,500 a yearRenewal, September 2017: AED 107,500 a yearNew contract, November 2018: AED 80,000 a yearNew contract, December 2020: AED 64,000 a yearNew contract, December 2022: AED 90,000 a yearRenewal, December 2023: AED 90,000 a yearRenewal, December 2024: AED 100,000 a yearRenewal, December 2024: AED 100,000 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 2307 sits

All 128 1-beds →

2307 last sold in April 2008 at AED 418 per sqft, in line with what one-beds in Murjan 2 were fetching at the time (AED 418). 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. 2307's AED 100,000 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 23rd floor

All 278 units in Murjan 2
Value
23011-bedAED 449K · Sep 2013
23021-bedAED 1.92M · Dec 2014
23031-bedAED 449K · Sep 2013
23041-bedAED 449K · Dec 2013
23051-bedAED 535K · Dec 2010
23061-bedAED 1.9M · May 2014
23081-bedAED 1.45M · Oct 2013

2307, Murjan 2 in numbers

  • Sold once: by Dubai Properties on 13 April 2008 for AED 449,000, or AED 418 per sqft.
  • Rented since September 2016 on 8 Ejari contracts. The rent fell from AED 107,500 to AED 64,000 in 2020 and recovered to AED 100,000 by December 2024.
  • At AED 100,000 a year the gross yield on the 2008 price is 22.3%, before a service charge of about AED 21,000 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 10 December 2024.

Questions about 2307, Murjan 2

What did unit 2307 last sell for?

AED 449,000 on 13 April 2008, sold by the developer: AED 418 per sqft for 1,074 sqft. It is the only registered sale of the unit.

What is the rent for unit 2307?

AED 100,000 a year on the contract renewed on 10 December 2024. The previous contract, from December 2024, was AED 100,000; the unit has been rented since September 2016.

How big is unit 2307?

1,074 sqft (99.8 sqm): a one-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2007.

What is unit 2307 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 2307, Murjan 2

Starts from the last sale price (AED 449K, 13 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 449,000
Deposit, UAE resident (20%)
AED 89,800
Deposit, non-resident (40%)
AED 179,600
Monthly over 25 years at 3.7%
AED 1,837

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