UP03, Murjan 2
Sold prices and rental history: sold 5 times, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for UP03, Murjan 2
What is UP03 worth today?
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Source: Dubai Land Department. Updated 15 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 715 sqft
- Parking
- B375
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 14,000 /yr
- Last sold
- AED 1.04M · July 2022
- Building
- Murjan 2
About UP03, Murjan 2
UP03 is a studio of 715 sqft of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 July 2022 for AED 1,040,000, or AED 1,453 per sqft, 4% above the AED 1,400 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 15 August 2026, is AED 90,000 a year: a gross yield of 8.6% on the 2022 price, before the service charge of about AED 14,000 a year.
Sales and rents for UP03 over time
UP03 has sold 5 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 UP03 sits
All 158 studios →UP03 last sold in July 2022 at AED 1,453 per sqft, 4% above what studios in Murjan 2 were fetching at the time (AED 1,400). 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. UP03's AED 90,000 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%
UP03, Murjan 2 in numbers
- Sold 5 times: first on 28 August 2007 for AED 674,500, last on 4 July 2022 for AED 1,040,000 (AED 1,453 per sqft).
- Rented since September 2013 on 6 Ejari contracts, from AED 80,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2022 price is 8.6%, before a service charge of about AED 14,000 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 August 2026.
Questions about UP03, Murjan 2
What did unit UP03 last sell for?
AED 1,040,000 on 4 July 2022: AED 1,453 per sqft for 715 sqft. The unit has 5 registered sales; the first was AED 674,500 in August 2007.
What is the rent for unit UP03?
AED 90,000 a year on the contract renewed on 15 August 2026. The previous contract, from August 2026, was AED 100,000; the unit has been rented since September 2013.
How big is unit UP03?
715 sqft (66.4 sqm): a studio of a 28-storey tower completed in 2007.
What is unit UP03 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 UP03, Murjan 2
Starts from the last sale price (AED 1.04M, 4 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,040,000
- Deposit, UAE resident (20%)
- AED 208,000
- Deposit, non-resident (40%)
- AED 416,000
- Monthly over 25 years at 3.7%
- AED 4,255
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →