2-bed · 990 sqftMuraba Residence, Palm Jumeirah · 6th floor · completed 2016

602-N, Muraba Residence

Sold prices and rental history: sold twice, last in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602-N · DLD and Ejari recordsUpdated 28 August 2023
Last soldAED 2.53M28 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602-N, Muraba Residence

What is 602-N worth today?

Last sold for AED 2,525,747 in 2023

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28 Aug 2023SoldReady
AED 2,525,747AED 2,551 per sqft
30 May 2022Sold by developerReady
AED 7,896,827AED 3,988 per sqft

Source: Dubai Land Department. Updated 28 August 2023.

Key facts

Type
2-bed apartment
Size
990 sqft
Floor
6th of 9
Parking
B-27
Developer
Muraba Properties
Completed
2016
Service charge
AED 36,400 /yr
Last sold
AED 2.53M · August 2023

About 602-N, Muraba Residence

602-N is a two-bedroom apartment of 990 sqft on the 6th floor of Muraba Residence, a 9-storey tower in Palm Jumeirah completed in 2016 by Muraba Properties. It last sold on 28 August 2023 for AED 2,525,747, or AED 2,551 per sqft, 34% below the AED 3,850 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 602-N over time

Sales
Unit 602-N, each saleTypical two-bed in Muraba Residence
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 7,896,827 (AED 3,988 per sqft)Sold, August 2023: AED 2,525,747 (AED 2,551 per sqft)

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

Rents
Unit 602-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 602-N sits

All 32 2-beds →

602-N last sold in August 2023 at AED 2,551 per sqft, 34% below what two-beds in Muraba Residence were fetching at the time (AED 3,850). 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 6th floor

All 50 units in Muraba Residence
Value
601-N3-bedAED 7.99M · Oct 2017
603-N2-bedAED 6.74M · Mar 2022
604-S2-bedAED 6.98M · Jan 2022
605-S2-bedAED 8.14M · Mar 2023
606-S3-bedAED 9.77M · Apr 2023

602-N, Muraba Residence in numbers

  • Sold twice: first on 30 May 2022 for AED 7,896,827, last on 28 August 2023 for AED 2,525,747 (AED 2,551 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 28 August 2023.

Questions about 602-N, Muraba Residence

What did unit 602-N last sell for?

AED 2,525,747 on 28 August 2023: AED 2,551 per sqft for 990 sqft. The unit has 2 registered sales; the first was AED 7,896,827 in May 2022.

How big is unit 602-N?

990 sqft (92.0 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2016.

What is unit 602-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 602-N, Muraba Residence

Starts from the last sale price (AED 2.53M, 28 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,525,747
Deposit, UAE resident (20%)
AED 505,149
Deposit, non-resident (40%)
AED 1,010,299
Monthly over 25 years at 3.7%
AED 10,334

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