Studio · 714 sqftMurjan 2, Jumeirah Beach Residence · 7th floor · completed 2007

704, Murjan 2

Sold prices and rental history: sold twice, last in December 2015, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 26 October 2026
Last soldAED 1.15M21 December 2015
Current rentAED 68K /yr26 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Murjan 2

What is 704 worth today?

Last sold for AED 1,150,000 in 2015

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26 Oct 2026RentedNew contract
AED 68,000/yr12 months · AED 95 per sqft
17 Sep 2025RentedRenewal
AED 85,000/yr12 months · AED 120 per sqft
17 Sep 2024RentedNew contract
AED 85,000/yr12 months · AED 120 per sqft
8 Aug 2023RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
21 Dec 2015SoldReady
AED 1,150,000AED 1,610 per sqft
27 May 2013Sold by developerReady
AED 299,000AED 418 per sqft

Source: Dubai Land Department. Updated 26 October 2026.

Key facts

Type
Studio apartment
Size
714 sqft
Floor
7th of 28
Parking
B584
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 1.15M · December 2015
Building
Murjan 2

About 704, Murjan 2

704 is a studio of 714 sqft on the 7th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 December 2015 for AED 1,150,000, or AED 1,610 per sqft, 5% above the AED 1,528 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 26 October 2026, is AED 68,000 a year: a gross yield of 5.9% on the 2015 price, before the service charge of about AED 13,900 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, May 2013: AED 299,000 (AED 418 per sqft)Sold, December 2015: AED 1,150,000 (AED 1,610 per sqft)

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

Rents
Unit 704, 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, August 2023: AED 75,000 a yearNew contract, September 2024: AED 85,000 a yearRenewal, September 2025: AED 85,000 a yearNew contract, October 2026: AED 68,000 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 704 sits

All 158 studios →

704 last sold in December 2015 at AED 1,610 per sqft, 5% 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. 704's AED 68,000 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 7th floor

All 278 units in Murjan 2
Value
7011-bedAED 449K · Feb 2013
7021-bedAED 449K · Feb 2008
703StudioAED 1M · Nov 2018
705StudioAED 1.23M · Sep 2024
706StudioAED 950K · Sep 2017
707StudioAED 1.23M · Oct 2026
708StudioAED 950K · Aug 2024
1–7 of 11

704, Murjan 2 in numbers

  • Sold twice: first on 27 May 2013 for AED 299,000, last on 21 December 2015 for AED 1,150,000 (AED 1,610 per sqft).
  • Rented since August 2023 on 4 Ejari contracts, from AED 75,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2015 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 26 October 2026.

Questions about 704, Murjan 2

What did unit 704 last sell for?

AED 1,150,000 on 21 December 2015: AED 1,610 per sqft for 714 sqft. The unit has 2 registered sales; the first was AED 299,000 in May 2013.

What is the rent for unit 704?

AED 68,000 a year on the contract signed on 26 October 2026. The previous contract, from September 2025, was AED 85,000; the unit has been rented since August 2023.

How big is unit 704?

714 sqft (66.3 sqm): a studio on the 7th floor of a 28-storey tower completed in 2007.

What is unit 704 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 704, Murjan 2

Starts from the last sale price (AED 1.15M, 21 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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