505-S, Muraba Residence
Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from March 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505-S, Muraba Residence
What is 505-S worth today?
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Source: Dubai Land Department. Updated 16 August 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,980 sqft
- Floor
- 5th of 9
- Parking
- B-40
- Developer
- Muraba Properties
- Completed
- 2016
- Service charge
- AED 72,700 /yr
- Last sold
- AED 7.8M · August 2022
- Building
- Muraba Residence
About 505-S, Muraba Residence
505-S 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 16 August 2022 for AED 7,799,491, or AED 3,938 per sqft, 4% above the AED 3,797 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 March 2021. The current contract, signed on 15 March 2021, is AED 280,000 a year: a gross yield of 3.6% on the 2022 price, before the service charge of about AED 72,700 a year.
Sales and rents for 505-S over time
505-S has sold once; the dashed line is the two-bed median of each year in the building.
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 505-S sits
All 32 2-beds →505-S last sold in August 2022 at AED 3,938 per sqft, 4% above what two-beds in Muraba Residence were fetching at the time (AED 3,797). 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. 505-S's AED 280,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 1,758 sqft | 7,400,000 | 4,208 | ||
| 11 Sep 202611 September 2026 | 1,758 sqft | 7,000,000 | 3,981 | ||
| 25 Aug 202625 August 2026 | 1,758 sqft | 9,250,000 | 5,261 | ||
| 16 Mar 202616 March 2026 | 1,768 sqft | 10,400,000 | 5,882 |
Muraba Residence
Building50 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%
Other units on the 5th floor
All 50 units in Muraba Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501-N | 3-bed | 2,430 sqft | AED 9.43MAED 9,425,000 · May 2024May 2024 | 530,000 /yr | |
| 502-N | 2-bed | 1,980 sqft | AED 7.45MAED 7,449,564 · May 2022May 2022 | ||
| 503-N | 2-bed | 1,758 sqft | AED 6.77MAED 6,769,843 · Aug 2022August 2022 | 600,000 /yr | |
| 504-S | 2-bed | 1,768 sqft | AED 5.58MAED 5,582,454 · Jun 2019June 2019 | ||
| 506-S | 3-bed | 2,430 sqft | AED 6.7MAED 6,700,000 · Mar 2026March 2026 | 360,000 /yr |
505-S, Muraba Residence in numbers
- Sold once: by Muraba Properties on 16 August 2022 for AED 7,799,491, or AED 3,938 per sqft.
- Rented since March 2021 on one Ejari contract, at AED 280,000 a year.
- At AED 280,000 a year the gross yield on the 2022 price is 3.6%, 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 16 August 2022.
Questions about 505-S, Muraba Residence
What did unit 505-S last sell for?
AED 7,799,491 on 16 August 2022, sold by the developer: AED 3,938 per sqft for 1,980 sqft. It is the only registered sale of the unit.
What is the rent for unit 505-S?
AED 280,000 a year on the contract signed on 15 March 2021.
How big is unit 505-S?
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 505-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 505-S, Muraba Residence
Starts from the last sale price (AED 7.8M, 16 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 7,799,491
- Deposit, UAE resident (20%)
- AED 1,559,898
- Deposit, non-resident (40%)
- AED 3,119,796
- Monthly over 25 years at 3.7%
- AED 31,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →