505, Murjan 2
Sold prices and rental history: sold twice, last in October 2021, 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 505, Murjan 2
What is 505 worth today?
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Source: Dubai Land Department. Updated 13 October 2021.
Key facts
- Type
- Studio apartment
- Size
- 714 sqft
- Floor
- 5th of 28
- Parking
- B539
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 950K · October 2021
- Building
- Murjan 2
About 505, Murjan 2
505 is a studio of 714 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 13 October 2021 for AED 950,000, or AED 1,330 per sqft, 14% above the AED 1,162 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 23 October 2020, is AED 45,000 a year: a gross yield of 4.7% on the 2021 price, before the service charge of about AED 13,900 a year.
Sales and rents for 505 over time
505 has sold twice; 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 505 sits
All 158 studios →505 last sold in October 2021 at AED 1,330 per sqft, 14% above what studios in Murjan 2 were fetching at the time (AED 1,162). 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. 505's AED 45,000 is at the bottom 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 5th floor
All 278 units in Murjan 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Nov 2008November 2008 | 86,625 /yr | |
| 502 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Feb 2008February 2008 | 99,225 /yr | |
| 503 | Studio | 713 sqft | AED 1.01MAED 1,010,000 · Mar 2019March 2019 | 60,000 /yr | |
| 504 | Studio | 714 sqft | AED 1.05MAED 1,050,000 · Feb 2013February 2013 | 72,930 /yr | |
| 506 | Studio | 714 sqft | AED 900KAED 900,000 · Dec 2019December 2019 | 60,000 /yr | |
| 507 | Studio | 714 sqft | AED 1.37MAED 1,370,000 · May 2024May 2024 | 70,000 /yr | |
| 508 | Studio | 713 sqft | AED 750KAED 750,000 · Mar 2010March 2010 | 65,000 /yr | |
| 509 | 1-bed | 1,101 sqft | AED 415KAED 415,000 · Nov 2012November 2012 | 100,000 /yr | |
| 510 | 1-bed | 1,101 sqft | AED 875KAED 875,000 · Mar 2020March 2020 | 115,000 /yr | |
| 511 | Studio | 720 sqft | AED 1.12MAED 1,120,000 · Sep 2013September 2013 | 80,000 /yr | |
| 512 | Studio | 720 sqft | AED 1.1MAED 1,100,000 · Sep 2026September 2026 | 85,000 /yr |
505, Murjan 2 in numbers
- Sold twice: first on 13 January 2008 for AED 299,000, last on 13 October 2021 for AED 950,000 (AED 1,330 per sqft).
- Rented since September 2013 on 7 Ejari contracts, from AED 75,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2021 price is 4.7%, 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 13 October 2021.
Questions about 505, Murjan 2
What did unit 505 last sell for?
AED 950,000 on 13 October 2021: AED 1,330 per sqft for 714 sqft. The unit has 2 registered sales; the first was AED 299,000 in January 2008.
What is the rent for unit 505?
AED 45,000 a year on the contract renewed on 23 October 2020. The previous contract, from September 2019, was AED 57,231; the unit has been rented since September 2013.
How big is unit 505?
714 sqft (66.3 sqm): a studio on the 5th floor of a 28-storey tower completed in 2007.
What is unit 505 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 505, Murjan 2
Starts from the last sale price (AED 950K, 13 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →