406, Murjan 2
Sold prices and rental history: sold once, by the developer in November 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Murjan 2
What is 406 worth today?
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Source: Dubai Land Department. Updated 26 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 714 sqft
- Floor
- 4th of 28
- Parking
- B505
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 275K · November 2007
- Building
- Murjan 2
About 406, Murjan 2
406 is a studio of 714 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 29 November 2007 for AED 275,000, or AED 385 per sqft, 55% below the AED 847 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 26 August 2025, is AED 66,200 a year: a gross yield of 24.1% on the 2007 price, before the service charge of about AED 13,900 a year.
Sales and rents for 406 over time
406 has sold once; the dashed line is the studio median of each year in the building.
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 406 sits
All 158 studios →406 last sold in November 2007 at AED 385 per sqft, 55% below what studios in Murjan 2 were fetching at the time (AED 847). 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. 406's AED 66,200 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 720 sqft | 1,100,000 | 1,528 | ||
| 8 Oct 20268 October 2026 | 714 sqft | 1,225,000 | 1,715 | ||
| 7 Sep 20267 September 2026 | 720 sqft | 1,100,000 | 1,528 | ||
| 22 Jul 202622 July 2026 | 713 sqft | 1,150,000 | 1,613 |
Murjan 2
Building278 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%
Other units on the 4th floor
All 278 units in Murjan 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Dec 2007December 2007 | 110,000 /yr | |
| 402 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Aug 2012August 2012 | 95,000 /yr | |
| 403 | Studio | 713 sqft | AED 299KAED 299,000 · Apr 2008April 2008 | 82,000 /yr | |
| 404 | Studio | 714 sqft | AED 600KAED 600,000 · Aug 2020August 2020 | 78,000 /yr | |
| 405 | Studio | 714 sqft | AED 1.1MAED 1,100,000 · Dec 2021December 2021 | 44,000 /yr | |
| 407 | Studio | 714 sqft | AED 1MAED 1,000,000 · Mar 2023March 2023 | 80,000 /yr | |
| 408 | Studio | 713 sqft | AED 1.44MAED 1,440,000 · Sep 2025September 2025 | 90,000 /yr | |
| 409 | 1-bed | 1,101 sqft | AED 1.55MAED 1,545,000 · Jan 2024January 2024 | 105,000 /yr | |
| 410 | 1-bed | 1,101 sqft | AED 1.58MAED 1,580,000 · Sep 2026September 2026 | 97,500 /yr | |
| 411 | Studio | 720 sqft | AED 1.25MAED 1,250,000 · Dec 2022December 2022 | ||
| 412 | Studio | 720 sqft | AED 880KAED 880,000 · Mar 2019March 2019 | 75,000 /yr |
406, Murjan 2 in numbers
- Sold once: by Dubai Properties on 29 November 2007 for AED 275,000, or AED 385 per sqft.
- Rented since June 2013 on 12 Ejari contracts. The rent fell from AED 55,000 to AED 45,000 in 2021 and recovered to AED 66,200 by August 2025.
- At AED 66,200 a year the gross yield on the 2007 price is 24.1%, 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 26 August 2025.
Questions about 406, Murjan 2
What did unit 406 last sell for?
AED 275,000 on 29 November 2007, sold by the developer: AED 385 per sqft for 714 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 66,200 a year on the contract renewed on 26 August 2025. The previous contract, from August 2024, was AED 63,000; the unit has been rented since June 2013.
How big is unit 406?
714 sqft (66.3 sqm): a studio on the 4th floor of a 28-storey tower completed in 2007.
What is unit 406 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 406, Murjan 2
Starts from the last sale price (AED 275K, 29 November 2007). Switch to today's estimate once you have unlocked it.- Price
- AED 275,000
- Deposit, UAE resident (20%)
- AED 55,000
- Deposit, non-resident (40%)
- AED 110,000
- Monthly over 25 years at 3.7%
- AED 1,125
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →