2-bed · 1,758 sqftMuraba Residence, Palm Jumeirah · 6th floor · completed 2016

603-N, Muraba Residence

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

Unit 603-N · DLD and Ejari recordsUpdated 22 March 2022
Last soldAED 6.74M22 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603-N, Muraba Residence

What is 603-N worth today?

Last sold for AED 6,737,076 in 2022

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22 Mar 2022Sold by developerReady
AED 6,737,076AED 3,831 per sqft

Source: Dubai Land Department. Updated 22 March 2022.

Key facts

Type
2-bed apartment
Size
1,758 sqft
Floor
6th of 9
Parking
B-26 , B-86
Developer
Muraba Properties
Completed
2016
Service charge
AED 64,600 /yr
Last sold
AED 6.74M · March 2022

About 603-N, Muraba Residence

603-N is a two-bedroom apartment of 1,758 sqft on the 6th floor of Muraba Residence, a 9-storey tower in Palm Jumeirah completed in 2016 by Muraba Properties. The developer sold it on 22 March 2022 for AED 6,737,076, or AED 3,831 per sqft, in line with the AED 3,946 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 603-N over time

Sales
Unit 603-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, March 2022: AED 6,737,076 (AED 3,831 per sqft)

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

Rents
Unit 603-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 603-N sits

All 32 2-beds →

603-N last sold in March 2022 at AED 3,831 per sqft, in line with what two-beds in Muraba Residence were fetching at the time (AED 3,946). 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
602-N2-bedAED 2.53M · Aug 2023
604-S2-bedAED 6.98M · Jan 2022
605-S2-bedAED 8.14M · Mar 2023
606-S3-bedAED 9.77M · Apr 2023

603-N, Muraba Residence in numbers

  • Sold once: by Muraba Properties on 22 March 2022 for AED 6,737,076, or AED 3,831 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 22 March 2022.

Questions about 603-N, Muraba Residence

What did unit 603-N last sell for?

AED 6,737,076 on 22 March 2022, sold by the developer: AED 3,831 per sqft for 1,758 sqft. It is the only registered sale of the unit.

How big is unit 603-N?

1,758 sqft (163.3 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2016.

What is unit 603-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 603-N, Muraba Residence

Starts from the last sale price (AED 6.74M, 22 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,737,076
Deposit, UAE resident (20%)
AED 1,347,415
Deposit, non-resident (40%)
AED 2,694,830
Monthly over 25 years at 3.7%
AED 27,563

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