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

706, Murjan 2

Sold prices and rental history: sold 7 times, last in September 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 27 March 2025
Last soldAED 950K27 September 2017
Current rentAED 80K /yr27 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Murjan 2

What is 706 worth today?

Last sold for AED 950,000 in 2017

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27 Mar 2025RentedNew contract
AED 80,000/yr12 months · AED 113 per sqft
27 Mar 2023RentedNew contract
AED 78,000/yr12 months · AED 110 per sqft
27 Feb 2021RentedNew contract
AED 45,000/yr12 months · AED 63 per sqft
23 Dec 2020RentedNew contract
AED 45,000/yr12 months · AED 63 per sqft
3 Oct 2018RentedRenewal
AED 65,000/yr12 months · AED 91 per sqft
3 Oct 2017RentedNew contract
AED 70,000/yr12 months · AED 99 per sqft
27 Sep 2017SoldReady
AED 950,000AED 1,330 per sqft
16 Jul 2017SoldReady
AED 1,142,200AED 1,599 per sqft

Source: Dubai Land Department. Updated 27 March 2025.

Key facts

Type
Studio apartment
Size
714 sqft
Floor
7th of 28
Parking
B583
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 950K · September 2017
Building
Murjan 2

About 706, Murjan 2

706 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 27 September 2017 for AED 950,000, or AED 1,330 per sqft, 17% below the AED 1,599 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 27 March 2025, is AED 80,000 a year: a gross yield of 8.4% on the 2017 price, before the service charge of about AED 13,900 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, November 2007: AED 275,000 (AED 385 per sqft)Sold, March 2008: AED 1,000,000 (AED 1,400 per sqft)Sold, July 2014: AED 1,250,000 (AED 1,750 per sqft)Sold, December 2015: AED 1,100,000 (AED 1,540 per sqft)Sold, December 2016: AED 1,260,000 (AED 1,764 per sqft)Sold, July 2017: AED 1,142,200 (AED 1,599 per sqft)Sold, September 2017: AED 950,000 (AED 1,330 per sqft)

706 has sold 7 times; the dashed line is the studio median of each year in the building.

Rents
Unit 706, each contractTypical studio in Murjan 2
40K60K80K2012201620202024Typical 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, July 2014: AED 85,000 a yearNew contract, October 2017: AED 70,000 a yearRenewal, October 2018: AED 65,000 a yearNew contract, December 2020: AED 45,000 a yearNew contract, February 2021: AED 45,000 a yearNew contract, March 2023: AED 78,000 a yearNew contract, March 2025: AED 80,000 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 706 sits

All 158 studios →

706 last sold in September 2017 at AED 1,330 per sqft, 17% below what studios in Murjan 2 were fetching at the time (AED 1,599). 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. 706's AED 80,000 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
704StudioAED 1.15M · Dec 2015
705StudioAED 1.23M · Sep 2024
707StudioAED 1.23M · Oct 2026
708StudioAED 950K · Aug 2024
1–7 of 11

706, Murjan 2 in numbers

  • Sold 7 times: first on 4 November 2007 for AED 275,000, last on 27 September 2017 for AED 950,000 (AED 1,330 per sqft).
  • Rented since July 2014 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 45,000 in 2021 and recovered to AED 80,000 by March 2025.
  • At AED 80,000 a year the gross yield on the 2017 price is 8.4%, 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 27 March 2025.

Questions about 706, Murjan 2

What did unit 706 last sell for?

AED 950,000 on 27 September 2017: AED 1,330 per sqft for 714 sqft. The unit has 7 registered sales; the first was AED 275,000 in November 2007.

What is the rent for unit 706?

AED 80,000 a year on the contract signed on 27 March 2025. The previous contract, from March 2023, was AED 78,000; the unit has been rented since July 2014.

How big is unit 706?

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

What is unit 706 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 706, Murjan 2

Starts from the last sale price (AED 950K, 27 September 2017). 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 →