Studio · 714 sqftMurjan 2, Jumeirah Beach Residence · 10th floor · completed 2007

1004, Murjan 2

Sold prices and rental history: sold 4 times, last in July 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 10 December 2024
Last soldAED 1.21M2 July 2017
Current rentAED 80K /yr10 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Murjan 2

What is 1004 worth today?

Last sold for AED 1,210,000 in 2017

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10 Dec 2024RentedRenewal
AED 80,000/yr12 months · AED 113 per sqft
10 Dec 2023RentedNew contract
AED 80,000/yr12 months · AED 113 per sqft
14 Oct 2022RentedNew contract
AED 80,000/yr12 months · AED 112 per sqft
28 Feb 2020RentedNew contract
AED 52,000/yr12 months · AED 73 per sqft
19 Jan 2019RentedRenewal
AED 75,202/yr12 months · AED 106 per sqft
19 Jan 2018RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
27 Aug 2017RentedNew contract
AED 80,000/yr12 months · AED 113 per sqft
2 Jul 2017SoldReady
AED 1,210,000AED 1,694 per sqft

Source: Dubai Land Department. Updated 10 December 2024.

Key facts

Type
Studio apartment
Size
714 sqft
Floor
10th of 28
Parking
B557
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 1.21M · July 2017
Building
Murjan 2

About 1004, Murjan 2

1004 is a studio of 714 sqft on the 10th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 2 July 2017 for AED 1,210,000, or AED 1,694 per sqft, 5% above the AED 1,607 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 10 December 2024, is AED 80,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical studio in Murjan 2
500K1M2007201220172022Typical sale price by year: 2007 AED 300,000; 2008 AED 432,500; 2009 AED 299,000; 2010 AED 299,000; 2011 AED 600,000; 2012 AED 725,000; 2013 AED 850,000; 2014 AED 1,237,500; 2015 AED 1,080,000; 2016 AED 1,090,000; 2017 AED 1,112,500; 2018 AED 1,000,000; 2019 AED 900,000; 2020 AED 600,000; 2021 AED 940,000; 2022 AED 1,100,000; 2023 AED 1,100,000; 2024 AED 1,135,000; 2025 AED 1,190,000Sold by developer, October 2008: AED 299,000 (AED 418 per sqft)Sold, November 2013: AED 1,110,000 (AED 1,554 per sqft)Sold, December 2014: AED 1,250,000 (AED 1,750 per sqft)Sold, July 2017: AED 1,210,000 (AED 1,694 per sqft)

1004 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1004, each contractTypical studio in Murjan 2
60K80K2012201620202024Typical rent by year: 2012 AED 51,750; 2013 AED 66,000; 2014 AED 75,000; 2015 AED 80,000; 2016 AED 80,000; 2017 AED 76,500; 2018 AED 69,685; 2019 AED 60,000; 2020 AED 48,000; 2021 AED 48,000; 2022 AED 56,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 78,000; 2026 AED 85,000New contract, July 2014: AED 80,000 a yearNew contract, July 2016: AED 85,000 a yearNew contract, August 2017: AED 80,000 a yearNew contract, January 2018: AED 75,000 a yearRenewal, January 2019: AED 75,202 a yearNew contract, February 2020: AED 52,000 a yearNew contract, October 2022: AED 80,000 a yearNew contract, December 2023: AED 80,000 a yearRenewal, December 2024: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Murjan 2, and where 1004 sits

All 151 studios →

1004 last sold in July 2017 at AED 1,694 per sqft, 5% above what studios in Murjan 2 were fetching at the time (AED 1,607). Over the last 12 months studios sold for AED 1,350,000, around AED 1,875 per sqft, and rent for AED 66,704 to 150,000 a year. 1004's AED 80,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Feb 20261,350,000
13 Jun 20251,110,000
10 Jun 20251,230,000
16 May 20251,450,000
1 studio sale in the last 12 months

Murjan 2

Building

278 apartments, studios to 4-bed over 28 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 5 sold in the last 12 months.

Typical price per sqft
AED 1,875
Typical sale
AED 1.78M
Typical rent
AED 95K /yr
Typical yield
5.3%
Murjan 2, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 10th floor

All 278 units in Murjan 2
Value
10011-bedAED 449K · Sep 2013
10021-bedAED 1.9M · Apr 2014
1003StudioAED 1.2M · Jan 2017
1005StudioAED 800K · May 2021
1006StudioAED 1M · Jan 2008
1007StudioAED 1.04M · Apr 2024
1008StudioAED 1.15M · Jan 2025
1–7 of 11

1004, Murjan 2 in numbers

  • Sold 4 times: first on 16 October 2008 for AED 299,000, last on 2 July 2017 for AED 1,210,000 (AED 1,694 per sqft).
  • Rented since July 2014 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 52,000 in 2020 and recovered to AED 80,000 by December 2024.
  • At AED 80,000 a year the gross yield on the 2017 price is 6.6%, before a service charge of about AED 13,900 a year (AED 19.53 per sqft).
  • Studios in Murjan 2 sold for AED 1,350,000–1,350,000 in the 12 months to November 2026; the building's median across all types is AED 1,875 per sqft.

Source: Dubai Land Department. Updated 10 December 2024.

Questions about 1004, Murjan 2

What did unit 1004 last sell for?

AED 1,210,000 on 2 July 2017: AED 1,694 per sqft for 714 sqft. The unit has 4 registered sales; the first was AED 299,000 in October 2008.

What is the rent for unit 1004?

AED 80,000 a year on the contract renewed on 10 December 2024. The previous contract, from December 2023, was AED 80,000; the unit has been rented since July 2014.

How big is unit 1004?

714 sqft (66.3 sqm): a studio on the 10th floor of a 28-storey tower completed in 2007.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Murjan 2 sold for AED 1,350,000 to 1,350,000 in the last 12 months, around AED 1,875 per sqft.

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Mortgage on 1004, Murjan 2

Starts from the last sale price (AED 1.21M, 2 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,210,000
Deposit, UAE resident (20%)
AED 242,000
Deposit, non-resident (40%)
AED 484,000
Monthly over 25 years at 3.7%
AED 4,950

Plus AED 55,830 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →