Studio · 713 sqftMurjan 2, Jumeirah Beach Residence · 4th floor · completed 2007

403, Murjan 2

Sold prices and rental history: sold once, by the developer in April 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 11 April 2026
Last soldAED 299K30 April 2008
Current rentAED 82K /yr11 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Murjan 2

What is 403 worth today?

Last sold for AED 299,000 in 2008

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11 Apr 2026RentedRenewal
AED 82,000/yr12 months · AED 115 per sqft
11 Apr 2025RentedRenewal
AED 82,000/yr12 months · AED 115 per sqft
11 Apr 2024RentedRenewal
AED 82,000/yr12 months · AED 115 per sqft
11 Apr 2023RentedNew contract
AED 82,000/yr12 months · AED 115 per sqft
26 Oct 2022RentedRenewal
AED 58,299/yr7 months · AED 82 per sqft
26 Oct 2021RentedRenewal
AED 53,000/yr12 months · AED 75 per sqft
26 Oct 2020RentedNew contract
AED 50,000/yr12 months · AED 70 per sqft
31 Dec 2016RentedRenewal
AED 85,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 11 April 2026.

Key facts

Type
Studio apartment
Size
713 sqft
Floor
4th of 28
Parking
B510
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 299K · April 2008
Building
Murjan 2

About 403, Murjan 2

403 is a studio of 713 sqft on the 4th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 30 April 2008 for AED 299,000, or AED 419 per sqft, 51% below the AED 857 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 11 April 2026, is AED 82,000 a year: a gross yield of 27.4% on the 2008 price, before the service charge of about AED 13,900 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, April 2008: AED 299,000 (AED 419 per sqft)

403 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 403, each contractTypical studio in Murjan 2
60K80K2012201620202024Typical 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, December 2014: AED 85,000 a yearRenewal, December 2015: AED 85,000 a yearRenewal, December 2016: AED 85,000 a yearNew contract, October 2020: AED 50,000 a yearRenewal, October 2021: AED 53,000 a yearRenewal, October 2022: AED 58,299 a yearNew contract, April 2023: AED 82,000 a yearRenewal, April 2024: AED 82,000 a yearRenewal, April 2025: AED 82,000 a yearRenewal, April 2026: AED 82,000 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 403 sits

All 158 studios →

403 last sold in April 2008 at AED 419 per sqft, 51% below what studios in Murjan 2 were fetching at the time (AED 857). 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. 403's AED 82,000 is in the lower half 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 4th floor

All 278 units in Murjan 2
Value
4011-bedAED 449K · Dec 2007
4021-bedAED 449K · Aug 2012
404StudioAED 600K · Aug 2020
405StudioAED 1.1M · Dec 2021
406StudioAED 275K · Nov 2007
407StudioAED 1M · Mar 2023
408StudioAED 1.44M · Sep 2025
1–7 of 11

403, Murjan 2 in numbers

  • Sold once: by Dubai Properties on 30 April 2008 for AED 299,000, or AED 419 per sqft.
  • Rented since December 2014 on 10 Ejari contracts. The rent fell from AED 85,000 to AED 50,000 in 2020 and recovered to AED 82,000 by April 2026.
  • At AED 82,000 a year the gross yield on the 2008 price is 27.4%, before a service charge of about AED 13,900 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 11 April 2026.

Questions about 403, Murjan 2

What did unit 403 last sell for?

AED 299,000 on 30 April 2008, sold by the developer: AED 419 per sqft for 713 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 82,000 a year on the contract renewed on 11 April 2026. The previous contract, from April 2025, was AED 82,000; the unit has been rented since December 2014.

How big is unit 403?

713 sqft (66.2 sqm): a studio on the 4th floor of a 28-storey tower completed in 2007.

What is unit 403 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 403, Murjan 2

Starts from the last sale price (AED 299K, 30 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 299,000
Deposit, UAE resident (20%)
AED 59,800
Deposit, non-resident (40%)
AED 119,600
Monthly over 25 years at 3.7%
AED 1,223

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