3-bed · 2,430 sqftMuraba Residence, Palm Jumeirah · 2nd floor · completed 2016

201-N, Muraba Residence

Sold prices and rental history: sold once, by the developer in November 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201-N · DLD and Ejari recordsUpdated 12 November 2024
Last soldAED 10.56M12 November 2024
Current rentAED 350K /yr18 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201-N, Muraba Residence

What is 201-N worth today?

Last sold for AED 10,562,292 in 2024

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12 Nov 2024Sold by developerReady
AED 10,562,292AED 4,346 per sqft
18 Jun 2022RentedRenewal
AED 350,000/yr12 months · AED 144 per sqft
18 Jun 2021RentedNew contract
AED 350,000/yr12 months · AED 144 per sqft

Source: Dubai Land Department. Updated 12 November 2024.

Key facts

Type
3-bed apartment
Size
2,430 sqft
Floor
2nd of 9
Parking
B-15,B-16
Developer
Muraba Properties
Completed
2016
Service charge
AED 89,200 /yr
Last sold
AED 10.56M · November 2024

About 201-N, Muraba Residence

201-N is a three-bedroom apartment of 2,430 sqft on the 2nd floor of Muraba Residence, a 9-storey tower in Palm Jumeirah completed in 2016 by Muraba Properties. The developer sold it on 12 November 2024 for AED 10,562,292, or AED 4,346 per sqft, 13% above the AED 3,851 three-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 18 June 2022, is AED 350,000 a year: a gross yield of 3.3% on the 2024 price, before the service charge of about AED 89,200 a year.

Sales and rents for 201-N over time

Rents
Unit 201-N, each contractTypical three-bed in Muraba Residence
350K400K20192020202120222023Typical rent by year: 2019 AED 322,500; 2020 AED 349,999; 2021 AED 360,000; 2022 AED 390,000New contract, June 2021: AED 350,000 a yearRenewal, June 2022: AED 350,000 a year

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

3-beds in Muraba Residence, and where 201-N sits

All 14 3-beds →

201-N last sold in November 2024 at AED 4,346 per sqft, 13% above what three-beds in Muraba Residence were fetching at the time (AED 3,851). Over the last 12 months three-beds sold for AED 6,700,000 to 9,729,897, around AED 3,380 per sqft, and rent for AED 149,112 to 430,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
31 Mar 20266,700,000
22 Nov 20259,729,897
21 Apr 202510,429,897
10 May 20249,425,000
2 3-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 2nd floor

All 50 units in Muraba Residence
Value
202-N2-bedAED 7.94M · Dec 2024
203-N2-bedAED 4.98M · May 2018
204-S2-bedAED 5.76M · Aug 2022
205-S2-bedAED 8.15M · Dec 2024
206-S3-bedAED 9.13M · Aug 2023

201-N, Muraba Residence in numbers

  • Sold once: by Muraba Properties on 12 November 2024 for AED 10,562,292, or AED 4,346 per sqft.
  • Rented since June 2021 on 2 Ejari contracts, at AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2024 price is 3.3%, before a service charge of about AED 89,200 a year (AED 36.72 per sqft).
  • Three-beds in Muraba Residence sold for AED 6,700,000–9,729,897 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 12 November 2024.

Questions about 201-N, Muraba Residence

What did unit 201-N last sell for?

AED 10,562,292 on 12 November 2024, sold by the developer: AED 4,346 per sqft for 2,430 sqft. It is the only registered sale of the unit.

What is the rent for unit 201-N?

AED 350,000 a year on the contract renewed on 18 June 2022. The previous contract, from June 2021, was AED 350,000.

How big is unit 201-N?

2,430 sqft (225.8 sqm): a three-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2016.

What is unit 201-N worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Muraba Residence sold for AED 6,700,000 to 9,729,897 in the last 12 months, around AED 3,380 per sqft.

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Mortgage on 201-N, Muraba Residence

Starts from the last sale price (AED 10.56M, 12 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 10,562,292
Deposit, UAE resident (20%)
AED 2,112,458
Deposit, non-resident (40%)
AED 4,224,917
Monthly over 25 years at 3.7%
AED 43,214

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