507, Murjan 2
Sold prices and rental history: sold 9 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Murjan 2
What is 507 worth today?
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Source: Dubai Land Department. Updated 15 July 2027.
Key facts
- Type
- Studio apartment
- Size
- 714 sqft
- Floor
- 5th of 28
- Parking
- B538
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 1.37M · May 2024
- Building
- Murjan 2
About 507, Murjan 2
507 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 28 May 2024 for AED 1,370,000, or AED 1,918 per sqft, 26% above the AED 1,528 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 15 July 2027, is AED 70,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 13,900 a year.
Sales and rents for 507 over time
507 has sold 9 times; 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 507 sits
All 158 studios →507 last sold in May 2024 at AED 1,918 per sqft, 26% above what studios in Murjan 2 were fetching at the time (AED 1,528). 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. 507's AED 70,000 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 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 | |
| 505 | Studio | 714 sqft | AED 950KAED 950,000 · Oct 2021October 2021 | 45,000 /yr | |
| 506 | Studio | 714 sqft | AED 900KAED 900,000 · Dec 2019December 2019 | 60,000 /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 |
507, Murjan 2 in numbers
- Sold 9 times: first on 17 February 2008 for AED 275,000, last on 28 May 2024 for AED 1,370,000 (AED 1,918 per sqft).
- Rented since January 2014 on 6 Ejari contracts, from AED 80,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2024 price is 5.1%, 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 15 July 2027.
Questions about 507, Murjan 2
What did unit 507 last sell for?
AED 1,370,000 on 28 May 2024: AED 1,918 per sqft for 714 sqft. The unit has 9 registered sales; the first was AED 275,000 in February 2008.
What is the rent for unit 507?
AED 70,000 a year on the contract renewed on 15 July 2027. The previous contract, from July 2026, was AED 70,000; the unit has been rented since January 2014.
How big is unit 507?
714 sqft (66.3 sqm): a studio on the 5th floor of a 28-storey tower completed in 2007.
What is unit 507 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 507, Murjan 2
Starts from the last sale price (AED 1.37M, 28 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,370,000
- Deposit, UAE resident (20%)
- AED 274,000
- Deposit, non-resident (40%)
- AED 548,000
- Monthly over 25 years at 3.7%
- AED 5,605
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →