Studio · 713 sqftMurjan 2, Jumeirah Beach Residence · 7th floor · completed 2007

708, Murjan 2

Sold prices and rental history: sold twice, last in August 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 12 September 2025
Last soldAED 950K15 August 2024
Current rentAED 70K /yr12 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Murjan 2

What is 708 worth today?

Last sold for AED 950,000 in 2024

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12 Sep 2025RentedNew contract
AED 70,000/yr12 months · AED 99 per sqft
12 Sep 2024RentedNew contract
AED 70,000/yr12 months · AED 99 per sqft
15 Aug 2024SoldReady
AED 950,000AED 1,332 per sqft
28 Oct 2009Sold by developerReady
AED 275,000AED 385 per sqft

Source: Dubai Land Department. Updated 12 September 2025.

Key facts

Type
Studio apartment
Size
713 sqft
Floor
7th of 28
Parking
B582
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 950K · August 2024
Building
Murjan 2

About 708, Murjan 2

708 is a studio of 713 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 15 August 2024 for AED 950,000, or AED 1,332 per sqft, 13% below the AED 1,528 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 12 September 2025, is AED 70,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 13,900 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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, October 2009: AED 275,000 (AED 385 per sqft)Sold, August 2024: AED 950,000 (AED 1,332 per sqft)

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

Rents
Unit 708, 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 2024: AED 70,000 a yearNew contract, September 2025: AED 70,000 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 708 sits

All 158 studios →

708 last sold in August 2024 at AED 1,332 per sqft, 13% below 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. 708's AED 70,000 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
706StudioAED 950K · Sep 2017
707StudioAED 1.23M · Oct 2026
1–7 of 11

708, Murjan 2 in numbers

  • Sold twice: first on 28 October 2009 for AED 275,000, last on 15 August 2024 for AED 950,000 (AED 1,332 per sqft).
  • Rented since September 2024 on 2 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 7.4%, 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 12 September 2025.

Questions about 708, Murjan 2

What did unit 708 last sell for?

AED 950,000 on 15 August 2024: AED 1,332 per sqft for 713 sqft. The unit has 2 registered sales; the first was AED 275,000 in October 2009.

What is the rent for unit 708?

AED 70,000 a year on the contract signed on 12 September 2025. The previous contract, from September 2024, was AED 70,000.

How big is unit 708?

713 sqft (66.2 sqm): a studio on the 7th floor of a 28-storey tower completed in 2007.

What is unit 708 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 708, Murjan 2

Starts from the last sale price (AED 950K, 15 August 2024). 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 →