Studio · 713 sqftMurjan 2, Jumeirah Beach Residence · 5th floor · completed 2007

503, Murjan 2

Sold prices and rental history: sold twice, last in March 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 6 October 2026
Last soldAED 1.01M10 March 2019
Current rentAED 60K /yr6 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Murjan 2

What is 503 worth today?

Last sold for AED 1,010,000 in 2019

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6 Oct 2026RentedNew contract
AED 60,000/yr12 months · AED 84 per sqft
10 Mar 2019SoldReady
AED 1,010,000AED 1,417 per sqft
18 Mar 2017RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
24 Sep 2015RentedRenewal
AED 80,000/yr12 months · AED 113 per sqft
24 Sep 2014RentedNew contract
AED 80,000/yr12 months · AED 113 per sqft
8 Sep 2013RentedNew contract
AED 64,820/yr12 months · AED 91 per sqft
14 Jul 2013Sold by developerReady
AED 299,000AED 419 per sqft

Source: Dubai Land Department. Updated 6 October 2026.

Key facts

Type
Studio apartment
Size
713 sqft
Floor
5th of 28
Parking
B540
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 1.01M · March 2019
Building
Murjan 2

About 503, Murjan 2

503 is a studio of 713 sqft on the 5th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 10 March 2019 for AED 1,010,000, or AED 1,417 per sqft, in line with the AED 1,400 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 6 October 2026, is AED 60,000 a year: a gross yield of 5.9% on the 2019 price, before the service charge of about AED 13,900 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, July 2013: AED 299,000 (AED 419 per sqft)Sold, March 2019: AED 1,010,000 (AED 1,417 per sqft)

503 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 503, 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, September 2013: AED 64,820 a yearNew contract, September 2014: AED 80,000 a yearRenewal, September 2015: AED 80,000 a yearNew contract, March 2017: AED 75,000 a yearNew contract, October 2026: AED 60,000 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 503 sits

All 158 studios →

503 last sold in March 2019 at AED 1,417 per sqft, in line with what studios in Murjan 2 were fetching at the time (AED 1,400). 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. 503's AED 60,000 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 5th floor

All 278 units in Murjan 2
Value
5011-bedAED 449K · Nov 2008
5021-bedAED 449K · Feb 2008
504StudioAED 1.05M · Feb 2013
505StudioAED 950K · Oct 2021
506StudioAED 900K · Dec 2019
507StudioAED 1.37M · May 2024
508StudioAED 750K · Mar 2010
1–7 of 11

503, Murjan 2 in numbers

  • Sold twice: first on 14 July 2013 for AED 299,000, last on 10 March 2019 for AED 1,010,000 (AED 1,417 per sqft).
  • Rented since September 2013 on 5 Ejari contracts, from AED 64,820 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2019 price is 5.9%, 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 6 October 2026.

Questions about 503, Murjan 2

What did unit 503 last sell for?

AED 1,010,000 on 10 March 2019: AED 1,417 per sqft for 713 sqft. The unit has 2 registered sales; the first was AED 299,000 in July 2013.

What is the rent for unit 503?

AED 60,000 a year on the contract signed on 6 October 2026. The previous contract, from March 2017, was AED 75,000; the unit has been rented since September 2013.

How big is unit 503?

713 sqft (66.2 sqm): a studio on the 5th floor of a 28-storey tower completed in 2007.

What is unit 503 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 503, Murjan 2

Starts from the last sale price (AED 1.01M, 10 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,010,000
Deposit, UAE resident (20%)
AED 202,000
Deposit, non-resident (40%)
AED 404,000
Monthly over 25 years at 3.7%
AED 4,132

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