304, Murjan 2
Sold prices and rental history: sold twice, last in May 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, Murjan 2
What is 304 worth today?
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Source: Dubai Land Department. Updated 3 September 2019.
Key facts
- Type
- Studio apartment
- Size
- 714 sqft
- Floor
- 3rd of 28
- Parking
- B502
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 1.13M · May 2017
- Building
- Murjan 2
About 304, Murjan 2
304 is a studio of 714 sqft on the 3rd floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 7 May 2017 for AED 1,125,000, or AED 1,575 per sqft, in line with the AED 1,537 studios in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 3 September 2019, is AED 85,000 a year: a gross yield of 7.6% on the 2017 price, before the service charge of about AED 13,900 a year.
Sales and rents for 304 over time
304 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 304 sits
All 151 studios →304 last sold in May 2017 at AED 1,575 per sqft, in line with what studios in Murjan 2 were fetching at the time (AED 1,537). 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. 304's AED 85,000 is in the lower half 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 3rd floor
All 278 units in Murjan 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1,108 sqft | AED 1.7MAED 1,700,000 · Feb 2010February 2010 | 115,000 /yr | ||
| 302 | 1-bed | 1,108 sqft | AED 2.1MAED 2,100,000 · Dec 2024December 2024 | ||
| 303 | Studio | 713 sqft | AED 299KAED 299,000 · Sep 2007September 2007 | 70,000 /yr | |
| 305 | Studio | 714 sqft | AED 1.67MAED 1,666,284 · Nov 2008November 2008 | 69,457 /yr | |
| 306 | Studio | 714 sqft | AED 800KAED 800,000 · May 2010May 2010 | 71,000 /yr | |
| 307 | Studio | 714 sqft | AED 1.28MAED 1,275,000 · Sep 2014September 2014 | ||
| 308 | 713 sqft | AED 1MAED 1,000,000 · Oct 2025October 2025 | 65,000 /yr | ||
| 309 | 1-bed | 1,101 sqft | AED 850KAED 850,000 · Dec 2011December 2011 | 80,000 /yr | |
| 310 | 1-bed | 1,101 sqft | AED 475KAED 475,000 · Sep 2007September 2007 | 110,000 /yr | |
| 311 | Studio | 720 sqft | AED 1.1MAED 1,100,000 · Oct 2023October 2023 | 80,000 /yr | |
| 312 | Studio | 720 sqft | AED 1.1MAED 1,100,000 · Jan 2017January 2017 | 75,000 /yr |
304, Murjan 2 in numbers
- Sold twice: first on 27 May 2013 for AED 299,000, last on 7 May 2017 for AED 1,125,000 (AED 1,575 per sqft).
- Rented since July 2014 on 3 Ejari contracts, from AED 75,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2017 price is 7.6%, 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 3 September 2019.
Questions about 304, Murjan 2
What did unit 304 last sell for?
AED 1,125,000 on 7 May 2017: AED 1,575 per sqft for 714 sqft. The unit has 2 registered sales; the first was AED 299,000 in May 2013.
What is the rent for unit 304?
AED 85,000 a year on the contract signed on 3 September 2019. The previous contract, from July 2016, was AED 70,000; the unit has been rented since July 2014.
How big is unit 304?
714 sqft (66.3 sqm): a studio on the 3rd floor of a 28-storey tower completed in 2007.
What is unit 304 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 304, Murjan 2
Starts from the last sale price (AED 1.13M, 7 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,125,000
- Deposit, UAE resident (20%)
- AED 225,000
- Deposit, non-resident (40%)
- AED 450,000
- Monthly over 25 years at 3.7%
- AED 4,603
Plus AED 52,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →