Studio · 713 sqftMurjan 2, Jumeirah Beach Residence · 3rd floor · completed 2007

303, Murjan 2

Sold prices and rental history: sold once, by the developer in September 2007, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 22 February 2025
Last soldAED 299K9 September 2007
Current rentAED 70K /yr22 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Murjan 2

What is 303 worth today?

Last sold for AED 299,000 in 2007

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22 Feb 2025RentedNew contract
AED 70,000/yr12 months · AED 98 per sqft
19 Dec 2023RentedRenewal
AED 57,750/yr12 months · AED 81 per sqft
19 Dec 2022RentedRenewal
AED 55,000/yr12 months · AED 77 per sqft
19 Dec 2021RentedNew contract
AED 50,000/yr12 months · AED 70 per sqft
1 Jun 2021RentedNew contract
AED 40,000/yr12 months · AED 56 per sqft
15 Nov 2020RentedNew contract
AED 50,000/yr12 months · AED 70 per sqft
22 Oct 2019RentedNew contract
AED 50,000/yr12 months · AED 70 per sqft
27 Sep 2018RentedRenewal
AED 73,000/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 22 February 2025.

Key facts

Type
Studio apartment
Size
713 sqft
Floor
3rd of 28
Parking
B499
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 299K · September 2007
Building
Murjan 2

About 303, Murjan 2

303 is a studio of 713 sqft on the 3rd floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 9 September 2007 for AED 299,000, or AED 419 per sqft, in line with the AED 419 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, signed on 22 February 2025, is AED 70,000 a year: a gross yield of 23.4% on the 2007 price, before the service charge of about AED 13,900 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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, September 2007: AED 299,000 (AED 419 per sqft)

303 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 303, each contractTypical studio in Murjan 2
50K75K2012201620202024Typical 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 2014: AED 76,384 a yearNew contract, March 2015: AED 85,000 a yearRenewal, March 2016: AED 85,000 a yearNew contract, September 2017: AED 73,000 a yearRenewal, September 2018: AED 73,000 a yearNew contract, October 2019: AED 50,000 a yearNew contract, November 2020: AED 50,000 a yearNew contract, June 2021: AED 40,000 a yearNew contract, December 2021: AED 50,000 a yearRenewal, December 2022: AED 55,000 a yearRenewal, December 2023: AED 57,750 a yearNew contract, February 2025: AED 70,000 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 303 sits

All 151 studios →

303 last sold in September 2007 at AED 419 per sqft, in line with what studios in Murjan 2 were fetching at the time (AED 419). 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. 303's AED 70,000 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 3rd floor

All 278 units in Murjan 2
Value
301AED 1.7M · Feb 2010
3021-bedAED 2.1M · Dec 2024
304StudioAED 1.13M · May 2017
305StudioAED 1.67M · Nov 2008
306StudioAED 800K · May 2010
307StudioAED 1.28M · Sep 2014
308AED 1M · Oct 2025
1–7 of 11

303, Murjan 2 in numbers

  • Sold once: by Dubai Properties on 9 September 2007 for AED 299,000, or AED 419 per sqft.
  • Rented since January 2014 on 12 Ejari contracts. The rent fell from AED 76,384 to AED 40,000 in 2021 and recovered to AED 70,000 by February 2025.
  • At AED 70,000 a year the gross yield on the 2007 price is 23.4%, 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 22 February 2025.

Questions about 303, Murjan 2

What did unit 303 last sell for?

AED 299,000 on 9 September 2007, sold by the developer: AED 419 per sqft for 713 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 70,000 a year on the contract signed on 22 February 2025. The previous contract, from December 2023, was AED 57,750; the unit has been rented since January 2014.

How big is unit 303?

713 sqft (66.2 sqm): a studio on the 3rd floor of a 28-storey tower completed in 2007.

What is unit 303 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 303, Murjan 2

Starts from the last sale price (AED 299K, 9 September 2007). Switch to today's estimate once you have unlocked it.
Price
AED 299,000
Deposit, UAE resident (20%)
AED 59,800
Deposit, non-resident (40%)
AED 119,600
Monthly over 25 years at 3.7%
AED 1,223

Plus AED 15,468 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →