2-bed · 1,980 sqftMuraba Residence, Palm Jumeirah · 2nd floor · completed 2016

202-N, Muraba Residence

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

Unit 202-N · DLD and Ejari recordsUpdated 13 December 2024
Last soldAED 7.94M13 December 2024
Current rentAED 275K /yr7 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202-N, Muraba Residence

What is 202-N worth today?

Last sold for AED 7,935,935 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

13 Dec 2024Sold by developerReady
AED 7,935,935AED 4,007 per sqft
7 Mar 2022RentedRenewal
AED 275,000/yr12 months · AED 139 per sqft
7 Mar 2021RentedNew contract
AED 250,000/yr12 months · AED 126 per sqft

Source: Dubai Land Department. Updated 13 December 2024.

Key facts

Type
2-bed apartment
Size
1,980 sqft
Floor
2nd of 9
Parking
B-36
Developer
Muraba Properties
Completed
2016
Service charge
AED 72,700 /yr
Last sold
AED 7.94M · December 2024

About 202-N, Muraba Residence

202-N is a two-bedroom apartment of 1,980 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 13 December 2024 for AED 7,935,935, or AED 4,007 per sqft, in line with the AED 4,062 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 7 March 2022, is AED 275,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 72,700 a year.

Sales and rents for 202-N over time

Sales
Unit 202-N, each saleTypical two-bed in Muraba Residence
7.5M8M8.5M202220242026Typical 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, December 2024: AED 7,935,935 (AED 4,007 per sqft)

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

Rents
Unit 202-N, each contractTypical two-bed in Muraba Residence
200K400K600K20192021202320252027Typical 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, March 2021: AED 250,000 a yearRenewal, March 2022: AED 275,000 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 202-N sits

All 32 2-beds →

202-N last sold in December 2024 at AED 4,007 per sqft, in line with what two-beds in Muraba Residence were fetching at the time (AED 4,062). 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. 202-N's AED 275,000 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 2nd floor

All 50 units in Muraba Residence
Value
201-N3-bedAED 10.56M · Nov 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

202-N, Muraba Residence in numbers

  • Sold once: by Muraba Properties on 13 December 2024 for AED 7,935,935, or AED 4,007 per sqft.
  • Rented since March 2021 on 2 Ejari contracts, from AED 250,000 to AED 275,000 a year.
  • At AED 275,000 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 72,700 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 13 December 2024.

Questions about 202-N, Muraba Residence

What did unit 202-N last sell for?

AED 7,935,935 on 13 December 2024, sold by the developer: AED 4,007 per sqft for 1,980 sqft. It is the only registered sale of the unit.

What is the rent for unit 202-N?

AED 275,000 a year on the contract renewed on 7 March 2022. The previous contract, from March 2021, was AED 250,000.

How big is unit 202-N?

1,980 sqft (183.9 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2016.

What is unit 202-N 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.

Selling 202-N? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 202-N, Muraba Residence

Starts from the last sale price (AED 7.94M, 13 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 7,935,935
Deposit, UAE resident (20%)
AED 1,587,187
Deposit, non-resident (40%)
AED 3,174,374
Monthly over 25 years at 3.7%
AED 32,468

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