Studio · 720 sqftMurjan 2, Jumeirah Beach Residence · 9th floor · completed 2007

912, Murjan 2

Sold prices and rental history: sold 6 times, last in February 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 912 · DLD and Ejari recordsUpdated 8 October 2024
Last soldAED 800K16 February 2023
Current rentAED 90K /yr8 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 912, Murjan 2

What is 912 worth today?

Last sold for AED 800,000 in 2023

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8 Oct 2024RentedNew contract
AED 90,000/yr12 months · AED 125 per sqft
16 Feb 2023SoldReady
AED 800,000AED 1,111 per sqft
12 Nov 2022RentedRenewal
AED 65,000/yr6 months · AED 90 per sqft
21 Jun 2022SoldReady
AED 800,000AED 1,111 per sqft
12 Nov 2021RentedRenewal
AED 65,000/yr12 months · AED 90 per sqft
12 Nov 2020RentedNew contract
AED 60,000/yr12 months · AED 83 per sqft
5 Mar 2019SoldReady
AED 1,150,000AED 1,597 per sqft
19 Apr 2018SoldReady
AED 1,000,000AED 1,389 per sqft

Source: Dubai Land Department. Updated 8 October 2024.

Key facts

Type
Studio apartment
Size
720 sqft
Floor
9th of 28
Parking
B570
Developer
Dubai Properties
Completed
2007
Service charge
AED 14,100 /yr
Last sold
AED 800K · February 2023
Building
Murjan 2

About 912, Murjan 2

912 is a studio of 720 sqft on the 9th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 16 February 2023 for AED 800,000, or AED 1,111 per sqft, 28% below the AED 1,537 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 8 October 2024, is AED 90,000 a year: a gross yield of 11.3% on the 2023 price, before the service charge of about AED 14,100 a year.

Sales and rents for 912 over time

Sales
Unit 912, 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, February 2008: AED 930,000 (AED 1,291 per sqft)Sold, March 2008: AED 1,020,000 (AED 1,416 per sqft)Sold, April 2018: AED 1,000,000 (AED 1,389 per sqft)Sold, March 2019: AED 1,150,000 (AED 1,597 per sqft)Sold, June 2022: AED 800,000 (AED 1,111 per sqft)Sold, February 2023: AED 800,000 (AED 1,111 per sqft)

912 has sold 6 times; the dashed line is the studio median of each year in the building.

Rents
Unit 912, 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, February 2014: AED 60,000 a yearNew contract, February 2015: AED 60,000 a yearNew contract, November 2020: AED 60,000 a yearRenewal, November 2021: AED 65,000 a yearRenewal, November 2022: AED 65,000 a yearNew contract, October 2024: AED 90,000 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 912 sits

All 158 studios →

912 last sold in February 2023 at AED 1,111 per sqft, 28% below what studios in Murjan 2 were fetching at the time (AED 1,537). 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. 912's AED 90,000 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 9th floor

All 278 units in Murjan 2
Value
9011-bedAED 449K · Sep 2013
9021-bedAED 449K · Apr 2015
903StudioAED 1.38M · May 2023
904StudioAED 1.3M · Mar 2023
906StudioAED 1.83M · Jan 2009
907StudioAED 275K · Nov 2009
908StudioAED 950K · Aug 2017
1–7 of 10

912, Murjan 2 in numbers

  • Sold 6 times: first on 17 February 2008 for AED 930,000, last on 16 February 2023 for AED 800,000 (AED 1,111 per sqft).
  • Rented since February 2014 on 6 Ejari contracts, from AED 60,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 11.3%, before a service charge of about AED 14,100 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 8 October 2024.

Questions about 912, Murjan 2

What did unit 912 last sell for?

AED 800,000 on 16 February 2023: AED 1,111 per sqft for 720 sqft. The unit has 6 registered sales; the first was AED 930,000 in February 2008.

What is the rent for unit 912?

AED 90,000 a year on the contract signed on 8 October 2024. The previous contract, from November 2022, was AED 65,000; the unit has been rented since February 2014.

How big is unit 912?

720 sqft (66.9 sqm): a studio on the 9th floor of a 28-storey tower completed in 2007.

What is unit 912 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 912, Murjan 2

Starts from the last sale price (AED 800K, 16 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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