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

205-S, 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 205-S · DLD and Ejari recordsUpdated 11 December 2024
Last soldAED 8.15M11 December 2024
Current rentAED 250K /yr20 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205-S, Muraba Residence

What is 205-S worth today?

Last sold for AED 8,151,070 in 2024

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11 Dec 2024Sold by developerReady
AED 8,151,070AED 4,116 per sqft
20 Jun 2022RentedNew contract
AED 250,000/yr24 months · AED 126 per sqft
15 Apr 2021RentedNew contract
AED 225,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 11 December 2024.

Key facts

Type
2-bed apartment
Size
1,980 sqft
Floor
2nd of 9
Parking
B-66
Developer
Muraba Properties
Completed
2016
Service charge
AED 72,700 /yr
Last sold
AED 8.15M · December 2024

About 205-S, Muraba Residence

205-S 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 11 December 2024 for AED 8,151,070, or AED 4,116 per sqft, in line with the AED 4,116 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 20 June 2022, is AED 250,000 a year: a gross yield of 3.1% on the 2024 price, before the service charge of about AED 72,700 a year.

Sales and rents for 205-S over time

Sales
Unit 205-S, 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 8,151,070 (AED 4,116 per sqft)

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

Rents
Unit 205-S, 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, April 2021: AED 225,000 a yearNew contract, June 2022: 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 205-S sits

All 32 2-beds →

205-S last sold in December 2024 at AED 4,116 per sqft, in line with what two-beds in Muraba Residence were fetching at the time (AED 4,116). 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. 205-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 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
204-S2-bedAED 5.76M · Aug 2022
206-S3-bedAED 9.13M · Aug 2023

205-S, Muraba Residence in numbers

  • Sold once: by Muraba Properties on 11 December 2024 for AED 8,151,070, or AED 4,116 per sqft.
  • Rented since April 2021 on 2 Ejari contracts, from AED 225,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2024 price is 3.1%, 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 11 December 2024.

Questions about 205-S, Muraba Residence

What did unit 205-S last sell for?

AED 8,151,070 on 11 December 2024, sold by the developer: AED 4,116 per sqft for 1,980 sqft. It is the only registered sale of the unit.

What is the rent for unit 205-S?

AED 250,000 a year on the contract signed on 20 June 2022. The previous contract, from April 2021, was AED 225,000.

How big is unit 205-S?

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 205-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 205-S, Muraba Residence

Starts from the last sale price (AED 8.15M, 11 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 8,151,070
Deposit, UAE resident (20%)
AED 1,630,214
Deposit, non-resident (40%)
AED 3,260,428
Monthly over 25 years at 3.7%
AED 33,349

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