Studio · 720 sqftMurjan 2, Jumeirah Beach Residence · 1st floor · completed 2007

112, Murjan 2

Sold prices and rental history: sold 5 times, last in June 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 13 June 2021
Last soldAED 811K13 June 2021
Current rentAED 41K /yr12 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Murjan 2

What is 112 worth today?

Last sold for AED 811,111 in 2021

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13 Jun 2021SoldReady
AED 811,111AED 1,126 per sqft
12 Dec 2020RentedNew contract
AED 40,500/yr12 months · AED 56 per sqft
15 Oct 2019RentedNew contract
AED 50,000/yr12 months · AED 69 per sqft
9 Nov 2017RentedNew contract
AED 67,000/yr12 months · AED 93 per sqft
14 Feb 2013SoldReady
AED 455,000AED 632 per sqft
9 Dec 2012SoldReady
AED 700,000AED 972 per sqft
27 May 2008SoldReady
AED 1,260,000AED 1,750 per sqft
12 May 2008Sold by developerReady
AED 906,100AED 1,258 per sqft

Source: Dubai Land Department. Updated 13 June 2021.

Key facts

Type
Studio apartment
Size
720 sqft
Floor
1st of 28
Parking
B346
Developer
Dubai Properties
Completed
2007
Service charge
AED 14,100 /yr
Last sold
AED 811K · June 2021
Building
Murjan 2

About 112, Murjan 2

112 is a studio of 720 sqft on the 1st floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 13 June 2021 for AED 811,111, or AED 1,126 per sqft, 29% above the AED 875 studios in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 12 December 2020, is AED 40,500 a year: a gross yield of 5.0% on the 2021 price, before the service charge of about AED 14,100 a year.

Sales and rents for 112 over time

Sales
Unit 112, 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, May 2008: AED 1,260,000 (AED 1,750 per sqft)Sold by developer, May 2008: AED 906,100 (AED 1,258 per sqft)Sold, December 2012: AED 700,000 (AED 972 per sqft)Sold, February 2013: AED 455,000 (AED 632 per sqft)Sold, June 2021: AED 811,111 (AED 1,126 per sqft)

112 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 112, each contractTypical studio in Murjan 2
50K75K2012201620202024Typical 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, November 2017: AED 67,000 a yearNew contract, October 2019: AED 50,000 a yearNew contract, December 2020: AED 40,500 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 112 sits

All 151 studios →

112 last sold in June 2021 at AED 1,126 per sqft, 29% above what studios in Murjan 2 were fetching at the time (AED 875). 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. 112's AED 40,500 is at the bottom 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 1st floor

All 278 units in Murjan 2
Value
1011-bedAED 1.48M · Oct 2024
1021-bedAED 449K · May 2013
103StudioAED 1.17M · Jan 2017
104StudioAED 1.03M · May 2024
105StudioAED 1.15M · Feb 2022
106StudioAED 199K · Sep 2009
107StudioAED 1.15M · Feb 2025
1–7 of 11

112, Murjan 2 in numbers

  • Sold 5 times: first on 12 May 2008 for AED 906,100, last on 13 June 2021 for AED 811,111 (AED 1,126 per sqft).
  • Rented since November 2017 on 3 Ejari contracts, from AED 67,000 to AED 40,500 a year.
  • At AED 40,500 a year the gross yield on the 2021 price is 5.0%, before a service charge of about AED 14,100 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 13 June 2021.

Questions about 112, Murjan 2

What did unit 112 last sell for?

AED 811,111 on 13 June 2021: AED 1,126 per sqft for 720 sqft. The unit has 5 registered sales; the first was AED 906,100 in May 2008.

What is the rent for unit 112?

AED 40,500 a year on the contract signed on 12 December 2020. The previous contract, from October 2019, was AED 50,000; the unit has been rented since November 2017.

How big is unit 112?

720 sqft (66.9 sqm): a studio on the 1st floor of a 28-storey tower completed in 2007.

What is unit 112 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 112, Murjan 2

Starts from the last sale price (AED 811K, 13 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 811,111
Deposit, UAE resident (20%)
AED 162,222
Deposit, non-resident (40%)
AED 324,444
Monthly over 25 years at 3.7%
AED 3,319

Plus AED 39,076 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →