1704, Murjan 2
Sold prices and rental history: sold twice, last in July 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1704, Murjan 2
What is 1704 worth today?
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Source: Dubai Land Department. Updated 23 November 2022.
Key facts
- Type
- Studio apartment
- Size
- 714 sqft
- Floor
- 17th of 28
- Parking
- B604
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 1.4M · July 2014
- Building
- Murjan 2
About 1704, Murjan 2
1704 is a studio of 714 sqft on the 17th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 17 July 2014 for AED 1,400,000, or AED 1,960 per sqft, 50% above the AED 1,311 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 23 November 2022, is AED 61,500 a year: a gross yield of 4.4% on the 2014 price, before the service charge of about AED 13,900 a year.
Sales and rents for 1704 over time
1704 has sold twice; 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 1704 sits
All 151 studios →1704 last sold in July 2014 at AED 1,960 per sqft, 50% above what studios in Murjan 2 were fetching at the time (AED 1,311). 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. 1704's AED 61,500 is at the bottom 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 17th floor
All 278 units in Murjan 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Sep 2013September 2013 | 95,000 /yr | |
| 1702 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Sep 2007September 2007 | ||
| 1703 | Studio | 713 sqft | AED 1.35MAED 1,350,000 · Jun 2023June 2023 | 101,918 /yr | |
| 1705 | Studio | 714 sqft | AED 1.25MAED 1,250,000 · Jan 2018January 2018 | 99,732 /yr | |
| 1706 | Studio | 714 sqft | AED 1.1MAED 1,100,000 · Jun 2021June 2021 | 95,000 /yr | |
| 1707 | 714 sqft | AED 1MAED 1,000,000 · Nov 2024November 2024 | 150,000 /yr | ||
| 1708 | Studio | 713 sqft | AED 800KAED 800,000 · Jun 2016June 2016 | 55,000 /yr | |
| 1709 | 1-bed | 1,101 sqft | AED 1.1MAED 1,100,000 · Mar 2021March 2021 | 105,000 /yr | |
| 1710 | 1-bed | 1,101 sqft | AED 680KAED 680,000 · Aug 2012August 2012 | 80,000 /yr | |
| 1711 | Studio | 720 sqft | AED 1.35MAED 1,350,000 · Feb 2026February 2026 | 63,333 /yr | |
| 1712 | Studio | 720 sqft | AED 1.45MAED 1,450,000 · May 2025May 2025 | 60,000 /yr |
1704, Murjan 2 in numbers
- Sold twice: first on 10 October 2007 for AED 299,000, last on 17 July 2014 for AED 1,400,000 (AED 1,960 per sqft).
- Rented since September 2014 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 50,000 in 2020 and recovered to AED 61,500 by November 2022.
- At AED 61,500 a year the gross yield on the 2014 price is 4.4%, 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 23 November 2022.
Questions about 1704, Murjan 2
What did unit 1704 last sell for?
AED 1,400,000 on 17 July 2014: AED 1,960 per sqft for 714 sqft. The unit has 2 registered sales; the first was AED 299,000 in October 2007.
What is the rent for unit 1704?
AED 61,500 a year on the contract renewed on 23 November 2022. The previous contract, from November 2021, was AED 61,500; the unit has been rented since September 2014.
How big is unit 1704?
714 sqft (66.3 sqm): a studio on the 17th floor of a 28-storey tower completed in 2007.
What is unit 1704 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 1704, Murjan 2
Starts from the last sale price (AED 1.4M, 17 July 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →