1602, Murjan 2
Sold prices and rental history: sold twice, last in October 2007, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Murjan 2
What is 1602 worth today?
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Source: Dubai Land Department. Updated 28 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,108 sqft
- Floor
- 16th of 28
- Parking
- G434
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 21,600 /yr
- Last sold
- AED 1.2M · October 2007
- Building
- Murjan 2
About 1602, Murjan 2
1602 is a one-bedroom apartment of 1,108 sqft on the 16th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 3 October 2007 for AED 1,200,000, or AED 1,083 per sqft, 99% above the AED 544 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 28 April 2023, is AED 110,000 a year: a gross yield of 9.2% on the 2007 price, before the service charge of about AED 21,600 a year.
Sales and rents for 1602 over time
1602 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1602 sits
All 124 1-beds →1602 last sold in October 2007 at AED 1,083 per sqft, 99% above what one-beds in Murjan 2 were fetching at the time (AED 544). 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. 1602's AED 110,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,101 sqft | 2,065,000 | 1,876 | ||
| 30 Dec 202530 December 2025 | 1,074 sqft | 2,100,000 | 1,955 | ||
| 23 Dec 202523 December 2025 | 1,101 sqft | 1,780,000 | 1,617 | ||
| 8 Jul 20258 July 2025 | 1,108 sqft | 1,975,000 | 1,782 |
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 16th floor
All 278 units in Murjan 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Sep 2013September 2013 | 110,000 /yr | |
| 1603 | Studio | 713 sqft | AED 299KAED 299,000 · Jul 2016July 2016 | 115,000 /yr | |
| 1604 | 714 sqft | AED 1.36MAED 1,360,570 · Aug 2025August 2025 | 83,000 /yr | ||
| 1605 | Studio | 714 sqft | AED 299KAED 299,000 · Oct 2009October 2009 | 80,000 /yr | |
| 1606 | Studio | 714 sqft | AED 1.2MAED 1,200,000 · Feb 2016February 2016 | 75,000 /yr | |
| 1607 | Studio | 714 sqft | AED 1.08MAED 1,083,334 · Oct 2023October 2023 | 88,000 /yr | |
| 1608 | Studio | 713 sqft | AED 765KAED 765,000 · Oct 2019October 2019 | 62,100 /yr | |
| 1609 | 1-bed | 1,101 sqft | AED 1.07MAED 1,065,170 · Aug 2012August 2012 | 120,000 /yr | |
| 1610 | 1-bed | 1,101 sqft | AED 680KAED 680,000 · Sep 2007September 2007 | 87,000 /yr | |
| 1611 | Studio | 720 sqft | AED 1.08MAED 1,080,000 · Mar 2022March 2022 | 65,000 /yr | |
| 1612 | Studio | 720 sqft | AED 930KAED 930,000 · Feb 2013February 2013 | 71,773 /yr |
1602, Murjan 2 in numbers
- Sold twice: first on 13 September 2007 for AED 449,000, last on 3 October 2007 for AED 1,200,000 (AED 1,083 per sqft).
- Rented since October 2017 on 6 Ejari contracts. The rent fell from AED 115,000 to AED 70,000 in 2021 and recovered to AED 110,000 by April 2023.
- At AED 110,000 a year the gross yield on the 2007 price is 9.2%, 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 28 April 2023.
Questions about 1602, Murjan 2
What did unit 1602 last sell for?
AED 1,200,000 on 3 October 2007: AED 1,083 per sqft for 1,108 sqft. The unit has 2 registered sales; the first was AED 449,000 in September 2007.
What is the rent for unit 1602?
AED 110,000 a year on the contract signed on 28 April 2023. The previous contract, from December 2021, was AED 70,000; the unit has been rented since October 2017.
How big is unit 1602?
1,108 sqft (102.9 sqm): a one-bedroom apartment on the 16th floor of a 28-storey tower completed in 2007.
What is unit 1602 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 1602, Murjan 2
Starts from the last sale price (AED 1.2M, 3 October 2007). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →