1506, Murjan 2
Sold prices and rental history: sold 4 times, last in October 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Murjan 2
What is 1506 worth today?
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Source: Dubai Land Department. Updated 25 October 2023.
Key facts
- Type
- Studio apartment
- Size
- 714 sqft
- Floor
- 15th of 28
- Parking
- B618
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 1.08M · October 2023
- Building
- Murjan 2
About 1506, Murjan 2
1506 is a studio of 714 sqft on the 15th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 25 October 2023 for AED 1,083,333, or AED 1,517 per sqft, in line with the AED 1,562 studios in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 27 August 2019, is AED 67,500 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 13,900 a year.
Sales and rents for 1506 over time
1506 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 1506 sits
All 151 studios →1506 last sold in October 2023 at AED 1,517 per sqft, in line with what studios in Murjan 2 were fetching at the time (AED 1,562). 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. 1506's AED 67,500 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 15th floor
All 278 units in Murjan 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Oct 2012October 2012 | 110,000 /yr | |
| 1502 | 1-bed | 1,108 sqft | AED 1.83MAED 1,825,000 · Sep 2022September 2022 | 68,000 /yr | |
| 1503 | Studio | 713 sqft | AED 299KAED 299,000 · Feb 2015February 2015 | 82,000 /yr | |
| 1504 | Studio | 714 sqft | AED 299KAED 299,000 · Feb 2015February 2015 | 78,000 /yr | |
| 1505 | Studio | 714 sqft | AED 1.41MAED 1,409,000 · Jul 2024July 2024 | 100,000 /yr | |
| 1507 | Studio | 714 sqft | AED 1.2MAED 1,203,829 · Mar 2025March 2025 | 47,500 /yr | |
| 1508 | Studio | 713 sqft | AED 1.34MAED 1,340,000 · Oct 2014October 2014 | 80,000 /yr | |
| 1509 | 1-bed | 1,101 sqft | AED 859KAED 859,100 · Jun 2008June 2008 | 115,000 /yr | |
| 1510 | 1-bed | 1,101 sqft | AED 1.4MAED 1,400,000 · Aug 2017August 2017 | 105,000 /yr | |
| 1511 | Studio | 720 sqft | AED 375KAED 375,000 · Dec 2012December 2012 | 57,750 /yr | |
| 1512 | Studio | 720 sqft | AED 780KAED 780,000 · Feb 2012February 2012 | 70,000 /yr |
1506, Murjan 2 in numbers
- Sold 4 times: first on 6 September 2007 for AED 299,000, last on 25 October 2023 for AED 1,083,333 (AED 1,517 per sqft).
- Rented since January 2018 on 3 Ejari contracts, from AED 80,000 to AED 67,500 a year.
- At AED 67,500 a year the gross yield on the 2023 price is 6.2%, 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 October 2023.
Questions about 1506, Murjan 2
What did unit 1506 last sell for?
AED 1,083,333 on 25 October 2023: AED 1,517 per sqft for 714 sqft. The unit has 4 registered sales; the first was AED 299,000 in September 2007.
What is the rent for unit 1506?
AED 67,500 a year on the contract signed on 27 August 2019. The previous contract, from January 2019, was AED 72,000; the unit has been rented since January 2018.
How big is unit 1506?
714 sqft (66.3 sqm): a studio on the 15th floor of a 28-storey tower completed in 2007.
What is unit 1506 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 1506, Murjan 2
Starts from the last sale price (AED 1.08M, 25 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,083,333
- Deposit, UAE resident (20%)
- AED 216,667
- Deposit, non-resident (40%)
- AED 433,333
- Monthly over 25 years at 3.7%
- AED 4,432
Plus AED 50,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →