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

206-S, Muraba Residence

Sold prices and rental history: sold once, by the developer in August 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206-S · DLD and Ejari recordsUpdated 7 August 2023
Last soldAED 9.13M7 August 2023
Current rentAED 403K /yr5 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206-S, Muraba Residence

What is 206-S worth today?

Last sold for AED 9,129,076 in 2023

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7 Aug 2023Sold by developerReady
AED 9,129,076AED 3,756 per sqft
5 Dec 2021RentedNew contract
AED 403,081/yr12 months · AED 166 per sqft
30 May 2021RentedNew contract
AED 350,000/yr12 months · AED 144 per sqft

Source: Dubai Land Department. Updated 7 August 2023.

Key facts

Type
3-bed apartment
Size
2,430 sqft
Floor
2nd of 9
Parking
B-87,B-89
Developer
Muraba Properties
Completed
2016
Service charge
AED 89,200 /yr
Last sold
AED 9.13M · August 2023

About 206-S, Muraba Residence

206-S 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 7 August 2023 for AED 9,129,076, or AED 3,756 per sqft, in line with the AED 3,850 three-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 5 December 2021, is AED 403,081 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 89,200 a year.

Sales and rents for 206-S over time

Rents
Unit 206-S, 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, May 2021: AED 350,000 a yearNew contract, December 2021: AED 403,081 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 206-S sits

All 14 3-beds →

206-S last sold in August 2023 at AED 3,756 per sqft, in line with what three-beds in Muraba Residence were fetching at the time (AED 3,850). 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
12 Nov 202410,562,292
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
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
205-S2-bedAED 8.15M · Dec 2024

206-S, Muraba Residence in numbers

  • Sold once: by Muraba Properties on 7 August 2023 for AED 9,129,076, or AED 3,756 per sqft.
  • Rented since May 2021 on 2 Ejari contracts, from AED 350,000 to AED 403,081 a year.
  • At AED 403,081 a year the gross yield on the 2023 price is 4.4%, 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 7 August 2023.

Questions about 206-S, Muraba Residence

What did unit 206-S last sell for?

AED 9,129,076 on 7 August 2023, sold by the developer: AED 3,756 per sqft for 2,430 sqft. It is the only registered sale of the unit.

What is the rent for unit 206-S?

AED 403,081 a year on the contract signed on 5 December 2021. The previous contract, from May 2021, was AED 350,000.

How big is unit 206-S?

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 206-S 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 206-S, Muraba Residence

Starts from the last sale price (AED 9.13M, 7 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 9,129,076
Deposit, UAE resident (20%)
AED 1,825,815
Deposit, non-resident (40%)
AED 3,651,630
Monthly over 25 years at 3.7%
AED 37,350

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