Studio · 713 sqftMurjan 2, Jumeirah Beach Residence · 14th floor · completed 2007

1408, Murjan 2

Sold prices and rental history: sold 3 times, last in June 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 25 September 2025
Last soldAED 1.08M8 June 2015
Current rentAED 83K /yr25 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Murjan 2

What is 1408 worth today?

Last sold for AED 1,080,000 in 2015

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25 Sep 2025RentedRenewal
AED 82,500/yr12 months · AED 116 per sqft
25 Sep 2025RentedRenewal
AED 52,000/yr12 months · AED 73 per sqft
25 Sep 2024RentedRenewal
AED 52,000/yr12 months · AED 73 per sqft
25 Sep 2024RentedRenewal
AED 94,000/yr12 months · AED 132 per sqft
25 Sep 2024RentedRenewal
AED 52,000/yr12 months · AED 73 per sqft
3 Jul 2018RentedRenewal
AED 75,000/yr12 months · AED 106 per sqft
1 Jul 2017RentedNew contract
AED 79,572/yr12 months · AED 112 per sqft
8 Jun 2015SoldReady
AED 1,080,000AED 1,515 per sqft

Source: Dubai Land Department. Updated 25 September 2025.

Key facts

Type
Studio apartment
Size
713 sqft
Floor
14th of 28
Parking
B634
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 1.08M · June 2015
Building
Murjan 2

About 1408, Murjan 2

1408 is a studio of 713 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 8 June 2015 for AED 1,080,000, or AED 1,515 per sqft, 12% below the AED 1,728 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 25 September 2025, is AED 82,500 a year: a gross yield of 7.6% on the 2015 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, 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, December 2008: AED 299,000 (AED 419 per sqft)Sold, April 2015: AED 1,000,000 (AED 1,403 per sqft)Sold, June 2015: AED 1,080,000 (AED 1,515 per sqft)

1408 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1408, each contractTypical studio in Murjan 2
50K75K100K2012201620202024Typical 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, June 2013: AED 64,641 a yearNew contract, July 2017: AED 79,572 a yearRenewal, July 2018: AED 75,000 a yearRenewal, September 2024: AED 52,000 a yearRenewal, September 2024: AED 94,000 a yearRenewal, September 2024: AED 52,000 a yearRenewal, September 2025: AED 82,500 a yearRenewal, September 2025: AED 52,000 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 1408 sits

All 151 studios →

1408 last sold in June 2015 at AED 1,515 per sqft, 12% below what studios in Murjan 2 were fetching at the time (AED 1,728). 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. 1408's AED 82,500 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 14th floor

All 278 units in Murjan 2
Value
14011-bedAED 449K · Sep 2013
14021-bedAED 2.2M · May 2025
1403StudioAED 299K · Jun 2008
1405StudioAED 1.2M · Oct 2007
1406StudioAED 299K · May 2008
1407StudioAED 700K · Mar 2022
14091-bedAED 1.48M · Jul 2017
1–7 of 10

1408, Murjan 2 in numbers

  • Sold 3 times: first on 31 December 2008 for AED 299,000, last on 8 June 2015 for AED 1,080,000 (AED 1,515 per sqft).
  • Rented since June 2013 on 8 Ejari contracts. The rent fell from AED 64,641 to AED 52,000 in 2025 and recovered to AED 82,500 by September 2025.
  • At AED 82,500 a year the gross yield on the 2015 price is 7.6%, 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 25 September 2025.

Questions about 1408, Murjan 2

What did unit 1408 last sell for?

AED 1,080,000 on 8 June 2015: AED 1,515 per sqft for 713 sqft. The unit has 3 registered sales; the first was AED 299,000 in December 2008.

What is the rent for unit 1408?

AED 82,500 a year on the contract renewed on 25 September 2025. The previous contract, from September 2025, was AED 52,000; the unit has been rented since June 2013.

How big is unit 1408?

713 sqft (66.2 sqm): a studio on the 14th floor of a 28-storey tower completed in 2007.

What is unit 1408 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 1408, Murjan 2

Starts from the last sale price (AED 1.08M, 8 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

Plus AED 50,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →