1407, Murjan 2
Sold prices and rental history: sold 3 times, last in March 2022, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1407, Murjan 2
What is 1407 worth today?
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Source: Dubai Land Department. Updated 3 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 714 sqft
- Floor
- 14th of 28
- Parking
- B710
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 700K · March 2022
- Building
- Murjan 2
About 1407, Murjan 2
1407 is a studio of 714 sqft on the 14th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 15 March 2022 for AED 700,000, or AED 980 per sqft, 28% below the AED 1,365 studios in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 3 July 2024, is AED 95,000 a year: a gross yield of 13.6% on the 2022 price, before the service charge of about AED 13,900 a year.
Sales and rents for 1407 over time
1407 has sold 3 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 1407 sits
All 151 studios →1407 last sold in March 2022 at AED 980 per sqft, 28% below what studios in Murjan 2 were fetching at the time (AED 1,365). 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. 1407's AED 95,000 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 | ||
| 10 Jun 202510 June 2025 | 713 sqft | 1,230,000 | 1,725 | ||
| 16 May 202516 May 2025 | 720 sqft | 1,450,000 | 2,014 |
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 14th floor
All 278 units in Murjan 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Sep 2013September 2013 | 90,300 /yr | |
| 1402 | 1-bed | 1,108 sqft | AED 2.2MAED 2,200,000 · May 2025May 2025 | 135,000 /yr | |
| 1403 | Studio | 713 sqft | AED 299KAED 299,000 · Jun 2008June 2008 | ||
| 1405 | Studio | 714 sqft | AED 1.2MAED 1,200,000 · Oct 2007October 2007 | 60,000 /yr | |
| 1406 | Studio | 714 sqft | AED 299KAED 299,000 · May 2008May 2008 | 77,000 /yr | |
| 1408 | Studio | 713 sqft | AED 1.08MAED 1,080,000 · Jun 2015June 2015 | 52,000 /yr | |
| 1409 | 1-bed | 1,101 sqft | AED 1.48MAED 1,475,000 · Jul 2017July 2017 | 95,000 /yr | |
| 1410 | 1-bed | 1,101 sqft | AED 680KAED 680,000 · Apr 2014April 2014 | 97,000 /yr | |
| 1411 | Studio | 720 sqft | AED 375KAED 375,000 · Dec 2012December 2012 | 75,000 /yr | |
| 1412 | Studio | 720 sqft | AED 1.33MAED 1,330,000 · May 2008May 2008 | 68,000 /yr |
1407, Murjan 2 in numbers
- Sold 3 times: first on 15 October 2007 for AED 299,000, last on 15 March 2022 for AED 700,000 (AED 980 per sqft).
- Rented since June 2017 on 3 Ejari contracts. The rent fell from AED 80,000 to AED 65,000 in 2018 and recovered to AED 95,000 by July 2024.
- At AED 95,000 a year the gross yield on the 2022 price is 13.6%, 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 3 July 2024.
Questions about 1407, Murjan 2
What did unit 1407 last sell for?
AED 700,000 on 15 March 2022: AED 980 per sqft for 714 sqft. The unit has 3 registered sales; the first was AED 299,000 in October 2007.
What is the rent for unit 1407?
AED 95,000 a year on the contract signed on 3 July 2024. The previous contract, from March 2018, was AED 65,000; the unit has been rented since June 2017.
How big is unit 1407?
714 sqft (66.3 sqm): a studio on the 14th floor of a 28-storey tower completed in 2007.
What is unit 1407 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 1407, Murjan 2
Starts from the last sale price (AED 700K, 15 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →