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1-bed · 1,101 sqftMurjan 2, Jumeirah Beach Residence · 3rd floor · completed 2007

309, Murjan 2

Sold prices and rental history: sold twice, last in December 2011, and rented once, from August 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 20 August 2013
Last soldAED 850K8 December 2011
Current rentAED 80K /yr20 August 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 309, Murjan 2

What is 309 worth today?

Last sold for AED 850,000 in 2011

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20 Aug 2013RentedNew contract
AED 80,000/yr12 months · AED 73 per sqft
8 Dec 2011SoldReady
AED 850,000AED 772 per sqft
7 Dec 2011Sold by developerReady
AED 645,000AED 586 per sqft

Source: Dubai Land Department. Updated 20 August 2013.

Key facts

Type
1-bed apartment
Size
1,101 sqft
Floor
3rd of 28
Parking
B686
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,500 /yr
Last sold
AED 850K · December 2011
Building
Murjan 2

About 309, Murjan 2

309 is a one-bedroom apartment of 1,101 sqft on the 3rd floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 8 December 2011 for AED 850,000, or AED 772 per sqft, 32% above the AED 586 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 August 2013. The current contract, signed on 20 August 2013, is AED 80,000 a year: a gross yield of 9.4% on the 2011 price, before the service charge of about AED 21,500 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, December 2011: AED 850,000 (AED 772 per sqft)Sold by developer, December 2011: AED 645,000 (AED 586 per sqft)

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

Rents
Unit 309, 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, August 2013: 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 309 sits

All 128 1-beds →

309 last sold in December 2011 at AED 772 per sqft, 32% above what one-beds in Murjan 2 were fetching at the time (AED 586). 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. 309'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 3rd floor

All 278 units in Murjan 2
Value
3011-bedAED 1.7M · Feb 2010
3021-bedAED 2.1M · Dec 2024
303StudioAED 299K · Sep 2007
304StudioAED 1.13M · May 2017
305StudioAED 1.67M · Nov 2008
306StudioAED 800K · May 2010
307StudioAED 1.28M · Sep 2014
1–7 of 11

309, Murjan 2 in numbers

  • Sold twice: first on 7 December 2011 for AED 645,000, last on 8 December 2011 for AED 850,000 (AED 772 per sqft).
  • Rented since August 2013 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2011 price is 9.4%, 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 20 August 2013.

Questions about 309, Murjan 2

What did unit 309 last sell for?

AED 850,000 on 8 December 2011: AED 772 per sqft for 1,101 sqft. The unit has 2 registered sales; the first was AED 645,000 in December 2011.

What is the rent for unit 309?

AED 80,000 a year on the contract signed on 20 August 2013.

How big is unit 309?

1,101 sqft (102.3 sqm): a one-bedroom apartment on the 3rd floor of a 28-storey tower completed in 2007.

What is unit 309 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 309, Murjan 2

Starts from the last sale price (AED 850K, 8 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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