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1-bed · 1,175 sqftMurjan 2, Jumeirah Beach Residence · 26th floor · completed 2007

2606, Murjan 2

Sold prices and rental history: sold twice, last in September 2019, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2606 · DLD and Ejari recordsUpdated 22 September 2019
Last soldAED 1M22 September 2019
Current rentAED 85K /yr6 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2606, Murjan 2

What is 2606 worth today?

Last sold for AED 1,000,000 in 2019

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22 Sep 2019SoldReady
AED 1,000,000AED 851 per sqft
6 Aug 2018RentedNew contract
AED 85,000/yr12 months · AED 72 per sqft
14 Nov 2017RentedRenewal
AED 105,000/yr11 months · AED 89 per sqft
14 Oct 2017RentedRenewal
AED 105,000/yr1 months · AED 89 per sqft
14 Oct 2016RentedNew contract
AED 105,000/yr12 months · AED 89 per sqft
14 Oct 2015RentedNew contract
AED 105,000/yr12 months · AED 89 per sqft
18 Sep 2014RentedNew contract
AED 100,000/yr12 months · AED 85 per sqft
5 Jul 2013RentedRenewal
AED 73,500/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 22 September 2019.

Key facts

Type
1-bed apartment
Size
1,175 sqft
Floor
26th of 28
Parking
G500
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,900 /yr
Last sold
AED 1M · September 2019
Building
Murjan 2

About 2606, Murjan 2

2606 is a one-bedroom apartment of 1,175 sqft on the 26th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 22 September 2019 for AED 1,000,000, or AED 851 per sqft, in line with the AED 866 one-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 9 Ejari contracts. The current contract, signed on 6 August 2018, is AED 85,000 a year: a gross yield of 8.5% on the 2019 price, before the service charge of about AED 22,900 a year.

Sales and rents for 2606 over time

Sales
Unit 2606, 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, October 2008: AED 449,000 (AED 382 per sqft)Sold, September 2019: AED 1,000,000 (AED 851 per sqft)

2606 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2606, each contractTypical one-bed in Murjan 2
60K80K100K20112015201920232027Typical 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, July 2011: AED 70,000 a yearRenewal, July 2012: AED 70,000 a yearRenewal, July 2013: AED 73,500 a yearNew contract, September 2014: AED 100,000 a yearNew contract, October 2015: AED 105,000 a yearNew contract, October 2016: AED 105,000 a yearRenewal, October 2017: AED 105,000 a yearRenewal, November 2017: AED 105,000 a yearNew contract, August 2018: AED 85,000 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 2606 sits

All 128 1-beds →

2606 last sold in September 2019 at AED 851 per sqft, in line with what one-beds in Murjan 2 were fetching at the time (AED 866). 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. 2606's AED 85,000 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 26th floor

All 278 units in Murjan 2
Value
26011-bedAED 449K · Sep 2013
26021-bedAED 1.84M · Aug 2010
26031-bedAED 449K · Dec 2013
26041-bedAED 449K · Dec 2013
26051-bedAED 1.44M · Aug 2023
26071-bedAED 449K · Dec 2008
26081-bedAED 850K · Jan 2021

2606, Murjan 2 in numbers

  • Sold twice: first on 16 October 2008 for AED 449,000, last on 22 September 2019 for AED 1,000,000 (AED 851 per sqft).
  • Rented since July 2011 on 9 Ejari contracts, from AED 70,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2019 price is 8.5%, 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 22 September 2019.

Questions about 2606, Murjan 2

What did unit 2606 last sell for?

AED 1,000,000 on 22 September 2019: AED 851 per sqft for 1,175 sqft. The unit has 2 registered sales; the first was AED 449,000 in October 2008.

What is the rent for unit 2606?

AED 85,000 a year on the contract signed on 6 August 2018. The previous contract, from November 2017, was AED 105,000; the unit has been rented since July 2011.

How big is unit 2606?

1,175 sqft (109.2 sqm): a one-bedroom apartment on the 26th floor of a 28-storey tower completed in 2007.

What is unit 2606 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 2606, Murjan 2

Starts from the last sale price (AED 1M, 22 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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