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

203, Murjan 2

Sold prices and rental history: sold twice, last in December 2007, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 22 May 2025
Last soldAED 898K27 December 2007
Current rentAED 80K /yr22 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Murjan 2

What is 203 worth today?

Last sold for AED 897,600 in 2007

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22 May 2025RentedNew contract
AED 80,000/yr12 months · AED 113 per sqft
6 Mar 2023RentedNew contract
AED 89,000/yr12 months · AED 125 per sqft
10 Jun 2018RentedRenewal
AED 69,806/yr12 months · AED 98 per sqft
10 Jun 2017RentedNew contract
AED 70,000/yr12 months · AED 99 per sqft
15 Nov 2015RentedRenewal
AED 85,000/yr12 months · AED 120 per sqft
27 Dec 2007SoldReady
AED 897,600AED 1,259 per sqft
9 Oct 2007Sold by developerReady
AED 299,000AED 419 per sqft

Source: Dubai Land Department. Updated 22 May 2025.

Key facts

Type
Studio apartment
Size
713 sqft
Floor
2nd of 28
Parking
B344
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 898K · December 2007
Building
Murjan 2

About 203, Murjan 2

203 is a studio of 713 sqft on the 2nd floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 27 December 2007 for AED 897,600, or AED 1,259 per sqft, 99% above the AED 633 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 22 May 2025, is AED 80,000 a year: a gross yield of 8.9% on the 2007 price, before the service charge of about AED 13,900 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, October 2007: AED 299,000 (AED 419 per sqft)Sold, December 2007: AED 897,600 (AED 1,259 per sqft)

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

Rents
Unit 203, 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 85,000Renewal, November 2015: AED 85,000 a yearNew contract, June 2017: AED 70,000 a yearRenewal, June 2018: AED 69,806 a yearNew contract, March 2023: AED 89,000 a yearNew contract, May 2025: AED 80,000 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 203 sits

All 151 studios →

203 last sold in December 2007 at AED 1,259 per sqft, 99% above what studios in Murjan 2 were fetching at the time (AED 633). 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. 203's AED 80,000 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 2nd floor

All 278 units in Murjan 2
Value
201AED 1.6M · Oct 2025
2021-bedAED 1.98M · Jul 2025
204StudioAED 1.05M · Jan 2018
205StudioAED 1.08M · Nov 2024
206StudioAED 730K · Aug 2021
207StudioAED 275K · Mar 2009
208StudioAED 275K · Feb 2008
1–7 of 11

203, Murjan 2 in numbers

  • Sold twice: first on 9 October 2007 for AED 299,000, last on 27 December 2007 for AED 897,600 (AED 1,259 per sqft).
  • Rented since November 2015 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 69,806 in 2018 and recovered to AED 80,000 by May 2025.
  • At AED 80,000 a year the gross yield on the 2007 price is 8.9%, 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 22 May 2025.

Questions about 203, Murjan 2

What did unit 203 last sell for?

AED 897,600 on 27 December 2007: AED 1,259 per sqft for 713 sqft. The unit has 2 registered sales; the first was AED 299,000 in October 2007.

What is the rent for unit 203?

AED 80,000 a year on the contract signed on 22 May 2025. The previous contract, from March 2023, was AED 89,000; the unit has been rented since November 2015.

How big is unit 203?

713 sqft (66.2 sqm): a studio on the 2nd floor of a 28-storey tower completed in 2007.

What is unit 203 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 203, Murjan 2

Starts from the last sale price (AED 898K, 27 December 2007). Switch to today's estimate once you have unlocked it.
Price
AED 897,600
Deposit, UAE resident (20%)
AED 179,520
Deposit, non-resident (40%)
AED 359,040
Monthly over 25 years at 3.7%
AED 3,672

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