Studio · 713 sqftMurjan 2, Jumeirah Beach Residence · 19th floor · completed 2007

1908, Murjan 2

Sold prices and rental history: sold twice, last in December 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1908 · DLD and Ejari recordsUpdated 31 January 2024
Last soldAED 805K18 December 2008
Current rentAED 73K /yr31 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1908, Murjan 2

What is 1908 worth today?

Last sold for AED 805,000 in 2008

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31 Jan 2024RentedRenewal
AED 73,000/yr12 months · AED 103 per sqft
31 Jan 2023RentedRenewal
AED 62,000/yr12 months · AED 87 per sqft
31 Jan 2022RentedRenewal
AED 56,000/yr12 months · AED 79 per sqft
31 Jan 2021RentedRenewal
AED 48,000/yr12 months · AED 68 per sqft
31 Jan 2019RentedNew contract
AED 66,350/yr12 months · AED 93 per sqft
1 Dec 2017RentedRenewal
AED 80,000/yr12 months · AED 113 per sqft
1 Dec 2016RentedNew contract
AED 80,000/yr12 months · AED 113 per sqft
19 Jan 2016RentedRenewal
AED 80,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 31 January 2024.

Key facts

Type
Studio apartment
Size
713 sqft
Floor
19th of 28
Parking
B624
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 805K · December 2008
Building
Murjan 2

About 1908, Murjan 2

1908 is a studio of 713 sqft on the 19th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 18 December 2008 for AED 805,000, or AED 1,129 per sqft, 117% above the AED 520 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 31 January 2024, is AED 73,000 a year: a gross yield of 9.1% on the 2008 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1908 over time

Sales
Unit 1908, 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, November 2008: AED 299,000 (AED 419 per sqft)Sold, December 2008: AED 805,000 (AED 1,129 per sqft)

1908 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1908, each contractTypical studio in Murjan 2
60K80K2012201620202024Typical 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, January 2015: AED 80,000 a yearRenewal, January 2016: AED 80,000 a yearNew contract, December 2016: AED 80,000 a yearRenewal, December 2017: AED 80,000 a yearNew contract, January 2019: AED 66,350 a yearRenewal, January 2021: AED 48,000 a yearRenewal, January 2022: AED 56,000 a yearRenewal, January 2023: AED 62,000 a yearRenewal, January 2024: AED 73,000 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 1908 sits

All 151 studios →

1908 last sold in December 2008 at AED 1,129 per sqft, 117% above what studios in Murjan 2 were fetching at the time (AED 520). 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. 1908's AED 73,000 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 19th floor

All 278 units in Murjan 2
Value
19011-bedAED 449K · Feb 2013
19021-bedAED 449K · Nov 2007
1903StudioAED 150K · Aug 2011
1904StudioAED 1.65M · Jan 2009
1905StudioAED 299K · Jul 2010
1906StudioAED 299K · Dec 2008
1907StudioAED 966K · Jan 2025
1–7 of 11

1908, Murjan 2 in numbers

  • Sold twice: first on 20 November 2008 for AED 299,000, last on 18 December 2008 for AED 805,000 (AED 1,129 per sqft).
  • Rented since January 2015 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 48,000 in 2021 and recovered to AED 73,000 by January 2024.
  • At AED 73,000 a year the gross yield on the 2008 price is 9.1%, 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 31 January 2024.

Questions about 1908, Murjan 2

What did unit 1908 last sell for?

AED 805,000 on 18 December 2008: AED 1,129 per sqft for 713 sqft. The unit has 2 registered sales; the first was AED 299,000 in November 2008.

What is the rent for unit 1908?

AED 73,000 a year on the contract renewed on 31 January 2024. The previous contract, from January 2023, was AED 62,000; the unit has been rented since January 2015.

How big is unit 1908?

713 sqft (66.2 sqm): a studio on the 19th floor of a 28-storey tower completed in 2007.

What is unit 1908 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 1908, Murjan 2

Starts from the last sale price (AED 805K, 18 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 805,000
Deposit, UAE resident (20%)
AED 161,000
Deposit, non-resident (40%)
AED 322,000
Monthly over 25 years at 3.7%
AED 3,294

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →