1-bed · 1,108 sqftMurjan 2, Jumeirah Beach Residence · 15th floor · completed 2007

1501, Murjan 2

Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 449K17 October 2012
Current rentAED 110K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Murjan 2

What is 1501 worth today?

Last sold for AED 449,000 in 2012

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15 Mar 2025RentedRenewal
AED 110,000/yr12 months · AED 99 per sqft
15 Mar 2024RentedNew contract
AED 110,000/yr12 months · AED 99 per sqft
1 Mar 2024RentedNew contract
AED 110,000/yr12 months · AED 99 per sqft
5 Feb 2023RentedNew contract
AED 85,000/yr12 months · AED 77 per sqft
25 Jan 2022RentedRenewal
AED 65,000/yr12 months · AED 59 per sqft
25 Dec 2020RentedNew contract
AED 65,000/yr13 months · AED 59 per sqft
1 Dec 2019RentedRenewal
AED 75,000/yr12 months · AED 68 per sqft
1 Dec 2018RentedRenewal
AED 88,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
1-bed apartment
Size
1,108 sqft
Floor
15th of 28
Parking
G425
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,600 /yr
Last sold
AED 449K · October 2012
Building
Murjan 2

About 1501, Murjan 2

1501 is a one-bedroom apartment of 1,108 sqft on the 15th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 17 October 2012 for AED 449,000, or AED 405 per sqft, 34% below the AED 617 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 110,000 a year: a gross yield of 24.5% on the 2012 price, before the service charge of about AED 21,600 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical one-bed in Murjan 2
1M2M2007201220172022Typical sale price by year: 2007 AED 449,000; 2008 AED 507,500; 2009 AED 475,000; 2010 AED 792,500; 2011 AED 645,000; 2012 AED 815,000; 2013 AED 449,000; 2014 AED 1,755,000; 2017 AED 1,350,000; 2018 AED 1,322,500; 2019 AED 1,000,000; 2021 AED 1,100,000; 2022 AED 1,405,797; 2023 AED 1,418,220; 2024 AED 1,545,000; 2025 AED 1,950,000Sold by developer, October 2012: AED 449,000 (AED 405 per sqft)

1501 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1501, each contractTypical one-bed in Murjan 2
75K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 90,000; 2014 AED 100,000; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 81,500; 2020 AED 70,000; 2021 AED 65,000; 2022 AED 71,500; 2023 AED 85,000; 2024 AED 98,000; 2025 AED 99,750; 2026 AED 105,000New contract, December 2012: AED 80,000 a yearRenewal, December 2014: AED 80,000 a yearRenewal, December 2015: AED 88,000 a yearRenewal, December 2016: AED 88,000 a yearRenewal, December 2017: AED 88,000 a yearRenewal, December 2018: AED 88,000 a yearRenewal, December 2019: AED 75,000 a yearNew contract, December 2020: AED 65,000 a yearRenewal, January 2022: AED 65,000 a yearNew contract, February 2023: AED 85,000 a yearNew contract, March 2024: AED 110,000 a yearNew contract, March 2024: AED 110,000 a yearRenewal, March 2025: AED 110,000 a year

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

1-beds in Murjan 2, and where 1501 sits

All 124 1-beds →

1501 last sold in October 2012 at AED 405 per sqft, 34% below what one-beds in Murjan 2 were fetching at the time (AED 617). Over the last 12 months one-beds sold for AED 1,740,000 to 2,100,000, around AED 1,747 per sqft, and rent for AED 85,000 to 250,000 a year. 1501's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jan 20262,065,000
30 Dec 20252,100,000
23 Dec 20251,780,000
8 Jul 20251,975,000
4 1-bed sales 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 15th floor

All 278 units in Murjan 2
Value
15021-bedAED 1.83M · Sep 2022
1503StudioAED 299K · Feb 2015
1504StudioAED 299K · Feb 2015
1505StudioAED 1.41M · Jul 2024
1506StudioAED 1.08M · Oct 2023
1507StudioAED 1.2M · Mar 2025
1508StudioAED 1.34M · Oct 2014
1–7 of 11

1501, Murjan 2 in numbers

  • Sold once: by Dubai Properties on 17 October 2012 for AED 449,000, or AED 405 per sqft.
  • Rented since December 2012 on 13 Ejari contracts. The rent fell from AED 80,000 to AED 65,000 in 2022 and recovered to AED 110,000 by March 2025.
  • At AED 110,000 a year the gross yield on the 2012 price is 24.5%, before a service charge of about AED 21,600 a year (AED 19.53 per sqft).
  • One-beds in Murjan 2 sold for AED 1,740,000–2,100,000 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 15 March 2025.

Questions about 1501, Murjan 2

What did unit 1501 last sell for?

AED 449,000 on 17 October 2012, sold by the developer: AED 405 per sqft for 1,108 sqft. It is the only registered sale of the unit.

What is the rent for unit 1501?

AED 110,000 a year on the contract renewed on 15 March 2025. The previous contract, from March 2024, was AED 110,000; the unit has been rented since December 2012.

How big is unit 1501?

1,108 sqft (102.9 sqm): a one-bedroom apartment on the 15th floor of a 28-storey tower completed in 2007.

What is unit 1501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Murjan 2 sold for AED 1,740,000 to 2,100,000 in the last 12 months, around AED 1,747 per sqft.

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Mortgage on 1501, Murjan 2

Starts from the last sale price (AED 449K, 17 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 449,000
Deposit, UAE resident (20%)
AED 89,800
Deposit, non-resident (40%)
AED 179,600
Monthly over 25 years at 3.7%
AED 1,837

Plus AED 21,768 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →