Studio · 714 sqftMurjan 2, Jumeirah Beach Residence · 20th floor · completed 2007

2007, Murjan 2

Sold prices and rental history: sold twice, last in May 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2007 · DLD and Ejari recordsUpdated 2 November 2023
Last soldAED 1M11 May 2016
Current rentAED 85K /yr2 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2007, Murjan 2

What is 2007 worth today?

Last sold for AED 1,000,000 in 2016

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2 Nov 2023RentedNew contract
AED 85,000/yr12 months · AED 120 per sqft
15 Jul 2022RentedNew contract
AED 60,000/yr12 months · AED 84 per sqft
25 Mar 2022RentedNew contract
AED 60,000/yr12 months · AED 84 per sqft
25 Jul 2020RentedNew contract
AED 42,000/yr12 months · AED 59 per sqft
12 Jul 2019RentedNew contract
AED 55,000/yr12 months · AED 77 per sqft
19 Jun 2018RentedRenewal
AED 78,000/yr12 months · AED 110 per sqft
19 Jun 2017RentedNew contract
AED 78,000/yr12 months · AED 110 per sqft
11 May 2016SoldReady
AED 1,000,000AED 1,400 per sqft

Source: Dubai Land Department. Updated 2 November 2023.

Key facts

Type
Studio apartment
Size
714 sqft
Floor
20th of 28
Parking
B657
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 1M · May 2016
Building
Murjan 2

About 2007, Murjan 2

2007 is a studio of 714 sqft on the 20th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 11 May 2016 for AED 1,000,000, or AED 1,400 per sqft, 9% below the AED 1,540 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 2 November 2023, is AED 85,000 a year: a gross yield of 8.5% on the 2016 price, before the service charge of about AED 13,900 a year.

Sales and rents for 2007 over time

Sales
Unit 2007, 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, December 2012: AED 299,000 (AED 418 per sqft)Sold, May 2016: AED 1,000,000 (AED 1,400 per sqft)

2007 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2007, each contractTypical studio in Murjan 2
40K60K80K2012201620202024Typical 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, November 2015: AED 75,000 a yearNew contract, June 2017: AED 78,000 a yearRenewal, June 2018: AED 78,000 a yearNew contract, July 2019: AED 55,000 a yearNew contract, July 2020: AED 42,000 a yearNew contract, March 2022: AED 60,000 a yearNew contract, July 2022: AED 60,000 a yearNew contract, November 2023: AED 85,000 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 2007 sits

All 151 studios →

2007 last sold in May 2016 at AED 1,400 per sqft, 9% below what studios in Murjan 2 were fetching at the time (AED 1,540). 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. 2007's AED 85,000 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 20th floor

All 278 units in Murjan 2
Value
20011-bedAED 1.57M · Sep 2009
20021-bedAED 1.8M · Apr 2024
2003StudioAED 299K · Jun 2010
2004AED 1.4M · Aug 2025
2005StudioAED 1.24M · Sep 2023
2006StudioAED 1.03M · Apr 2023
2008StudioAED 1.2M · Oct 2022
1–7 of 11

2007, Murjan 2 in numbers

  • Sold twice: first on 19 December 2012 for AED 299,000, last on 11 May 2016 for AED 1,000,000 (AED 1,400 per sqft).
  • Rented since November 2015 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 42,000 in 2020 and recovered to AED 85,000 by November 2023.
  • At AED 85,000 a year the gross yield on the 2016 price is 8.5%, 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 2 November 2023.

Questions about 2007, Murjan 2

What did unit 2007 last sell for?

AED 1,000,000 on 11 May 2016: AED 1,400 per sqft for 714 sqft. The unit has 2 registered sales; the first was AED 299,000 in December 2012.

What is the rent for unit 2007?

AED 85,000 a year on the contract signed on 2 November 2023. The previous contract, from July 2022, was AED 60,000; the unit has been rented since November 2015.

How big is unit 2007?

714 sqft (66.3 sqm): a studio on the 20th floor of a 28-storey tower completed in 2007.

What is unit 2007 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 2007, Murjan 2

Starts from the last sale price (AED 1M, 11 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →