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1-bed · 1,175 sqftMurjan 2, Jumeirah Beach Residence · 25th floor · completed 2007

2506, Murjan 2

Sold prices and rental history: sold twice, last in September 2018, and rented once, from December 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2506 · DLD and Ejari recordsUpdated 24 September 2018
Last soldAED 1M24 September 2018
Current rentAED 120K /yr17 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2506, Murjan 2

What is 2506 worth today?

Last sold for AED 1,000,500 in 2018

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24 Sep 2018SoldReady
AED 1,000,500AED 851 per sqft
17 Dec 2015RentedNew contract
AED 120,000/yr12 months · AED 102 per sqft
31 Dec 2008Sold by developerReady
AED 449,000AED 382 per sqft

Source: Dubai Land Department. Updated 24 September 2018.

Key facts

Type
1-bed apartment
Size
1,175 sqft
Floor
25th of 28
Parking
G488
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,900 /yr
Last sold
AED 1M · September 2018
Building
Murjan 2

About 2506, Murjan 2

2506 is a one-bedroom apartment of 1,175 sqft on the 25th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 24 September 2018 for AED 1,000,500, or AED 851 per sqft, 31% below the AED 1,238 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 17 December 2015. The current contract, signed on 17 December 2015, is AED 120,000 a year: a gross yield of 12.0% on the 2018 price, before the service charge of about AED 22,900 a year.

Sales and rents for 2506 over time

Sales
Unit 2506, 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, December 2008: AED 449,000 (AED 382 per sqft)Sold, September 2018: AED 1,000,500 (AED 851 per sqft)

2506 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2506, each contractTypical one-bed in Murjan 2
75K100K125K2012201620202024Typical 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, December 2015: AED 120,000 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 2506 sits

All 128 1-beds →

2506 last sold in September 2018 at AED 851 per sqft, 31% below what one-beds in Murjan 2 were fetching at the time (AED 1,238). 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. 2506's AED 120,000 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 25th floor

All 278 units in Murjan 2
Value
25011-bedAED 449K · Dec 2013
25021-bedAED 2.18M · Jan 2024
25031-bedAED 449K · Dec 2013
25041-bedAED 449K · Dec 2013
25051-bedAED 1.05M · May 2021
25071-bedAED 449K · Nov 2009
25081-bedAED 1.42M · Apr 2023

2506, Murjan 2 in numbers

  • Sold twice: first on 31 December 2008 for AED 449,000, last on 24 September 2018 for AED 1,000,500 (AED 851 per sqft).
  • Rented since December 2015 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2018 price is 12.0%, before a service charge of about AED 22,900 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 24 September 2018.

Questions about 2506, Murjan 2

What did unit 2506 last sell for?

AED 1,000,500 on 24 September 2018: AED 851 per sqft for 1,175 sqft. The unit has 2 registered sales; the first was AED 449,000 in December 2008.

What is the rent for unit 2506?

AED 120,000 a year on the contract signed on 17 December 2015.

How big is unit 2506?

1,175 sqft (109.2 sqm): a one-bedroom apartment on the 25th floor of a 28-storey tower completed in 2007.

What is unit 2506 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 2506, Murjan 2

Starts from the last sale price (AED 1M, 24 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,500
Deposit, UAE resident (20%)
AED 200,100
Deposit, non-resident (40%)
AED 400,200
Monthly over 25 years at 3.7%
AED 4,093

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