1203, Murjan 2
Sold prices and rental history: sold 4 times, last in June 2025, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Murjan 2
What is 1203 worth today?
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Source: Dubai Land Department. Updated 10 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 713 sqft
- Floor
- 12th of 28
- Parking
- B529
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 1.23M · June 2025
- Building
- Murjan 2
About 1203, Murjan 2
1203 is a studio of 713 sqft on the 12th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 10 June 2025 for AED 1,230,000, or AED 1,725 per sqft, 6% above the AED 1,634 studios in the building were fetching at the time.
It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 20 December 2016, is AED 87,000 a year: a gross yield of 7.1% on the 2025 price, before the service charge of about AED 13,900 a year.
Sales and rents for 1203 over time
1203 has sold 4 times; the dashed line is the studio median of each year in the building.
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 1203 sits
All 151 studios →1203 last sold in June 2025 at AED 1,725 per sqft, 6% above what studios in Murjan 2 were fetching at the time (AED 1,634). 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. 1203's AED 87,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 720 sqft | 1,350,000 | 1,875 | ||
| 13 Jun 202513 June 2025 | 714 sqft | 1,110,000 | 1,554 | ||
| 16 May 202516 May 2025 | 720 sqft | 1,450,000 | 2,014 | ||
| 13 May 202513 May 2025 | 720 sqft | 1,250,000 | 1,736 |
Murjan 2
Building278 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%
Other units on the 12th floor
All 278 units in Murjan 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Sep 2013September 2013 | 86,300 /yr | |
| 1202 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Dec 2009December 2009 | 115,000 /yr | |
| 1204 | Studio | 714 sqft | AED 1.27MAED 1,265,000 · Feb 2023February 2023 | 91,008 /yr | |
| 1205 | Studio | 357 sqft | AED 299KAED 299,000 · Dec 2007December 2007 | 80,000 /yr | |
| 1206 | Studio | 714 sqft | AED 299KAED 299,000 · Nov 2007November 2007 | 72,000 /yr | |
| 1207 | Studio | 714 sqft | AED 299KAED 299,000 · Mar 2009March 2009 | 75,000 /yr | |
| 1208 | Studio | 713 sqft | AED 1.14MAED 1,140,000 · Nov 2024November 2024 | ||
| 1209 | 1-bed | 1,101 sqft | AED 1.2MAED 1,200,000 · Dec 2021December 2021 | 55,000 /yr | |
| 1210 | 1-bed | 1,101 sqft | AED 1.55MAED 1,550,000 · Dec 2023December 2023 | 129,000 /yr | |
| 1211 | Studio | 720 sqft | AED 750KAED 750,000 · May 2018May 2018 | 66,274 /yr | |
| 1212 | Studio | 720 sqft | AED 1.07MAED 1,070,000 · Oct 2017October 2017 | 90,000 /yr |
1203, Murjan 2 in numbers
- Sold 4 times: first on 7 March 2011 for AED 149,500, last on 10 June 2025 for AED 1,230,000 (AED 1,725 per sqft).
- Rented since April 2014 on 2 Ejari contracts, from AED 100,000 to AED 87,000 a year.
- At AED 87,000 a year the gross yield on the 2025 price is 7.1%, 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 June 2025.
Questions about 1203, Murjan 2
What did unit 1203 last sell for?
AED 1,230,000 on 10 June 2025: AED 1,725 per sqft for 713 sqft. The unit has 4 registered sales; the first was AED 149,500 in March 2011.
What is the rent for unit 1203?
AED 87,000 a year on the contract signed on 20 December 2016. The previous contract, from April 2014, was AED 100,000.
How big is unit 1203?
713 sqft (66.2 sqm): a studio on the 12th floor of a 28-storey tower completed in 2007.
What is unit 1203 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 1203, Murjan 2
Starts from the last sale price (AED 1.23M, 10 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,230,000
- Deposit, UAE resident (20%)
- AED 246,000
- Deposit, non-resident (40%)
- AED 492,000
- Monthly over 25 years at 3.7%
- AED 5,032
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →