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

204-S, Muraba Residence

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

Unit 204-S · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 5.76M1 August 2022
Current rentAED 231K /yr2 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204-S, Muraba Residence

What is 204-S worth today?

Last sold for AED 5,761,880 in 2022

Unlock today's estimate, updated daily, with

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

1 Aug 2022Sold by developerReady
AED 5,761,880AED 3,259 per sqft
2 Dec 2019RentedRenewal
AED 231,000/yr12 months · AED 131 per sqft
2 Dec 2018RentedNew contract
AED 231,000/yr12 months · AED 131 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type
2-bed apartment
Size
1,768 sqft
Floor
2nd of 9
Parking
B-24
Developer
Muraba Properties
Completed
2016
Service charge
AED 64,900 /yr
Last sold
AED 5.76M · August 2022

About 204-S, Muraba Residence

204-S is a two-bedroom apartment of 1,768 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 1 August 2022 for AED 5,761,880, or AED 3,259 per sqft, 13% below the AED 3,762 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 2 December 2019, is AED 231,000 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 64,900 a year.

Sales and rents for 204-S over time

Sales
Unit 204-S, each saleTypical two-bed in Muraba Residence
6M8M202220242026Typical 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, August 2022: AED 5,761,880 (AED 3,259 per sqft)

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

Rents
Unit 204-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, December 2018: AED 231,000 a yearRenewal, December 2019: AED 231,000 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 204-S sits

All 32 2-beds →

204-S last sold in August 2022 at AED 3,259 per sqft, 13% below what two-beds in Muraba Residence were fetching at the time (AED 3,762). 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. 204-S's AED 231,000 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
202-N2-bedAED 7.94M · Dec 2024
203-N2-bedAED 4.98M · May 2018
205-S2-bedAED 8.15M · Dec 2024
206-S3-bedAED 9.13M · Aug 2023

204-S, Muraba Residence in numbers

  • Sold once: by Muraba Properties on 1 August 2022 for AED 5,761,880, or AED 3,259 per sqft.
  • Rented since December 2018 on 2 Ejari contracts, at AED 231,000 a year.
  • At AED 231,000 a year the gross yield on the 2022 price is 4.0%, 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 1 August 2022.

Questions about 204-S, Muraba Residence

What did unit 204-S last sell for?

AED 5,761,880 on 1 August 2022, sold by the developer: AED 3,259 per sqft for 1,768 sqft. It is the only registered sale of the unit.

What is the rent for unit 204-S?

AED 231,000 a year on the contract renewed on 2 December 2019. The previous contract, from December 2018, was AED 231,000.

How big is unit 204-S?

1,768 sqft (164.3 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2016.

What is unit 204-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.

Selling 204-S? 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 204-S, Muraba Residence

Starts from the last sale price (AED 5.76M, 1 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,761,880
Deposit, UAE resident (20%)
AED 1,152,376
Deposit, non-resident (40%)
AED 2,304,752
Monthly over 25 years at 3.7%
AED 23,574

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