2-bed · 1,758 sqftMuraba Residence, Palm Jumeirah · 5th floor · completed 2016

503-N, Muraba Residence

Sold prices and rental history: sold once, by the developer in August 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503-N · DLD and Ejari recordsUpdated 5 February 2025
Last soldAED 6.77M29 August 2022
Current rentAED 600K /yr5 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503-N, Muraba Residence

What is 503-N worth today?

Last sold for AED 6,769,843 in 2022

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5 Feb 2025RentedNew contract
AED 600,000/yr12 months · AED 342 per sqft
5 Feb 2025RentedNew contract
AED 600,000/yr12 months · AED 342 per sqft
29 Aug 2022Sold by developerReady
AED 6,769,843AED 3,850 per sqft
1 Oct 2021RentedRenewal
AED 241,500/yr12 months · AED 137 per sqft
1 Oct 2020RentedNew contract
AED 230,000/yr12 months · AED 131 per sqft

Source: Dubai Land Department. Updated 5 February 2025.

Key facts

Type
2-bed apartment
Size
1,758 sqft
Floor
5th of 9
Parking
B-29
Developer
Muraba Properties
Completed
2016
Service charge
AED 64,600 /yr
Last sold
AED 6.77M · August 2022

About 503-N, Muraba Residence

503-N is a two-bedroom apartment of 1,758 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 29 August 2022 for AED 6,769,843, or AED 3,850 per sqft, in line with the AED 3,831 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 5 February 2025, is AED 600,000 a year: a gross yield of 8.9% on the 2022 price, before the service charge of about AED 64,600 a year.

Sales and rents for 503-N over time

Sales
Unit 503-N, each saleTypical two-bed in Muraba Residence
7M8M202220242026Typical 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 6,769,843 (AED 3,850 per sqft)

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

Rents
Unit 503-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, October 2020: AED 230,000 a yearRenewal, October 2021: AED 241,500 a yearNew contract, February 2025: AED 600,000 a yearNew contract, February 2025: AED 600,000 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 503-N sits

All 32 2-beds →

503-N last sold in August 2022 at AED 3,850 per sqft, in line with what two-beds in Muraba Residence were fetching at the time (AED 3,831). 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. 503-N's AED 600,000 is at the top 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 5th floor

All 50 units in Muraba Residence
Value
501-N3-bedAED 9.43M · May 2024
502-N2-bedAED 7.45M · May 2022
504-S2-bedAED 5.58M · Jun 2019
505-S2-bedAED 7.8M · Aug 2022
506-S3-bedAED 6.7M · Mar 2026

503-N, Muraba Residence in numbers

  • Sold once: by Muraba Properties on 29 August 2022 for AED 6,769,843, or AED 3,850 per sqft.
  • Rented since October 2020 on 4 Ejari contracts, from AED 230,000 to AED 600,000 a year.
  • At AED 600,000 a year the gross yield on the 2022 price is 8.9%, before a service charge of about AED 64,600 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 5 February 2025.

Questions about 503-N, Muraba Residence

What did unit 503-N last sell for?

AED 6,769,843 on 29 August 2022, sold by the developer: AED 3,850 per sqft for 1,758 sqft. It is the only registered sale of the unit.

What is the rent for unit 503-N?

AED 600,000 a year on the contract signed on 5 February 2025. The previous contract, from February 2025, was AED 600,000; the unit has been rented since October 2020.

How big is unit 503-N?

1,758 sqft (163.3 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2016.

What is unit 503-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 503-N, Muraba Residence

Starts from the last sale price (AED 6.77M, 29 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,769,843
Deposit, UAE resident (20%)
AED 1,353,969
Deposit, non-resident (40%)
AED 2,707,937
Monthly over 25 years at 3.7%
AED 27,698

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