2-bed · 1,980 sqftMuraba Residence, Palm Jumeirah · 5th floor · completed 2016

502-N, Muraba Residence

Sold prices and rental history: sold once, by the developer in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502-N · DLD and Ejari recordsUpdated 19 May 2022
Last soldAED 7.45M19 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502-N, Muraba Residence

What is 502-N worth today?

Last sold for AED 7,449,564 in 2022

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19 May 2022Sold by developerReady
AED 7,449,564AED 3,762 per sqft

Source: Dubai Land Department. Updated 19 May 2022.

Key facts

Type
2-bed apartment
Size
1,980 sqft
Floor
5th of 9
Parking
B-43
Developer
Muraba Properties
Completed
2016
Service charge
AED 72,700 /yr
Last sold
AED 7.45M · May 2022

About 502-N, Muraba Residence

502-N is a two-bedroom apartment of 1,980 sqft on the 5th floor of Muraba Residence, a 9-storey tower in Palm Jumeirah completed in 2016 by Muraba Properties. The developer sold it on 19 May 2022 for AED 7,449,564, or AED 3,762 per sqft, 3% below the AED 3,889 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502-N over time

Sales
Unit 502-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, May 2022: AED 7,449,564 (AED 3,762 per sqft)

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

Rents
Unit 502-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 333,000

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 502-N sits

All 32 2-beds →

502-N last sold in May 2022 at AED 3,762 per sqft, 3% below what two-beds in Muraba Residence were fetching at the time (AED 3,889). 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.

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 5th floor

All 50 units in Muraba Residence
Value
501-N3-bedAED 9.43M · May 2024
503-N2-bedAED 6.77M · Aug 2022
504-S2-bedAED 5.58M · Jun 2019
505-S2-bedAED 7.8M · Aug 2022
506-S3-bedAED 6.7M · Mar 2026

502-N, Muraba Residence in numbers

  • Sold once: by Muraba Properties on 19 May 2022 for AED 7,449,564, or AED 3,762 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 19 May 2022.

Questions about 502-N, Muraba Residence

What did unit 502-N last sell for?

AED 7,449,564 on 19 May 2022, sold by the developer: AED 3,762 per sqft for 1,980 sqft. It is the only registered sale of the unit.

How big is unit 502-N?

1,980 sqft (183.9 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2016.

What is unit 502-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.

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Mortgage on 502-N, Muraba Residence

Starts from the last sale price (AED 7.45M, 19 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 7,449,564
Deposit, UAE resident (20%)
AED 1,489,913
Deposit, non-resident (40%)
AED 2,979,826
Monthly over 25 years at 3.7%
AED 30,478

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