2-bed · 1,768 sqftMuraba Residence, Palm Jumeirah · 1st floor · completed 2016

104-S, Muraba Residence

Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104-S · DLD and Ejari recordsUpdated 7 June 2022
Last soldAED 6.5M7 June 2022
Current rentAED 250K /yr8 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104-S, Muraba Residence

What is 104-S worth today?

Last sold for AED 6,500,000 in 2022

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7 Jun 2022Sold by developerReady
AED 6,500,000AED 3,676 per sqft
8 May 2021RentedNew contract
AED 250,000/yr12 months · AED 141 per sqft
23 Nov 2018RentedNew contract
AED 220,000/yr12 months · AED 124 per sqft

Source: Dubai Land Department. Updated 7 June 2022.

Key facts

Type
2-bed apartment
Size
1,768 sqft
Floor
1st of 9
Parking
B-37
Developer
Muraba Properties
Completed
2016
Service charge
AED 64,900 /yr
Last sold
AED 6.5M · June 2022

About 104-S, Muraba Residence

104-S is a two-bedroom apartment of 1,768 sqft on the 1st floor of Muraba Residence, a 9-storey tower in Palm Jumeirah completed in 2016 by Muraba Properties. The developer sold it on 7 June 2022 for AED 6,500,000, or AED 3,676 per sqft, 3% below the AED 3,797 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 8 May 2021, is AED 250,000 a year: a gross yield of 3.9% on the 2022 price, before the service charge of about AED 64,900 a year.

Sales and rents for 104-S over time

Sales
Unit 104-S, each saleTypical two-bed in Muraba Residence
7M8M202220242026Typical sale price by year: 2022 AED 7,299,490; 2023 AED 7,460,649; 2024 AED 8,043,503; 2025 AED 7,738,461; 2026 AED 8,325,000Sold by developer, June 2022: AED 6,500,000 (AED 3,676 per sqft)

104-S has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 104-S, each contractTypical two-bed in Muraba Residence
200K400K600K2018202120242027Typical rent by year: 2019 AED 243,500; 2020 AED 230,000; 2021 AED 250,000; 2022 AED 257,693; 2024 AED 550,000; 2025 AED 555,000; 2026 AED 333,000New contract, November 2018: AED 220,000 a yearNew contract, May 2021: AED 250,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Muraba Residence, and where 104-S sits

All 32 2-beds →

104-S last sold in June 2022 at AED 3,676 per sqft, 3% below what two-beds in Muraba Residence were fetching at the time (AED 3,797). Over the last 12 months two-beds sold for AED 7,000,000 to 10,400,000, around AED 4,735 per sqft, and rent for AED 100,000 to 600,000 a year. 104-S's AED 250,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Oct 20267,400,000
11 Sep 20267,000,000
25 Aug 20269,250,000
16 Mar 202610,400,000
4 2-bed sales in the last 12 months

Muraba Residence

Building

50 apartments, 2-bed to 3-bed over 9 floors in Palm Jumeirah, completed in 2016 by Muraba Properties. 6 sold in the last 12 months.

Typical price per sqft
AED 4,106
Typical sale
AED 8.33M
Typical rent
AED 430K /yr
Typical yield
5.0%
Muraba Residence, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 50 units in Muraba Residence
Value
101-N3-bedAED 9.29M · Nov 2023
102-N2-bedAED 7.46M · Nov 2022
103-N2-bedAED 9.25M · Aug 2026
105-S2-bedAED 7.46M · Sep 2023
106-S3-bedAED 8.28M · Dec 2023

104-S, Muraba Residence in numbers

  • Sold once: by Muraba Properties on 7 June 2022 for AED 6,500,000, or AED 3,676 per sqft.
  • Rented since November 2018 on 2 Ejari contracts, from AED 220,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2022 price is 3.9%, before a service charge of about AED 64,900 a year (AED 36.72 per sqft).
  • Two-beds in Muraba Residence sold for AED 7,000,000–10,400,000 in the 12 months to November 2026; the building's median across all types is AED 4,106 per sqft.

Source: Dubai Land Department. Updated 7 June 2022.

Questions about 104-S, Muraba Residence

What did unit 104-S last sell for?

AED 6,500,000 on 7 June 2022, sold by the developer: AED 3,676 per sqft for 1,768 sqft. It is the only registered sale of the unit.

What is the rent for unit 104-S?

AED 250,000 a year on the contract signed on 8 May 2021. The previous contract, from November 2018, was AED 220,000.

How big is unit 104-S?

1,768 sqft (164.3 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower completed in 2016.

What is unit 104-S worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Muraba Residence sold for AED 7,000,000 to 10,400,000 in the last 12 months, around AED 4,735 per sqft.

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Mortgage on 104-S, Muraba Residence

Starts from the last sale price (AED 6.5M, 7 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,500,000
Deposit, UAE resident (20%)
AED 1,300,000
Deposit, non-resident (40%)
AED 2,600,000
Monthly over 25 years at 3.7%
AED 26,594

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