Studio · 714 sqftMurjan 2, Jumeirah Beach Residence · 3rd floor · completed 2007

306, Murjan 2

Sold prices and rental history: sold 3 times, last in May 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 800K31 May 2010
Current rentAED 71K /yr20 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Murjan 2

What is 306 worth today?

Last sold for AED 800,000 in 2010

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20 Mar 2025RentedNew contract
AED 71,000/yr12 months · AED 99 per sqft
3 Nov 2023RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
19 Oct 2022RentedRenewal
AED 52,800/yr12 months · AED 74 per sqft
19 Oct 2021RentedNew contract
AED 48,000/yr12 months · AED 68 per sqft
29 Dec 2019RentedNew contract
AED 50,000/yr12 months · AED 70 per sqft
7 Oct 2018RentedNew contract
AED 58,000/yr12 months · AED 82 per sqft
20 Jul 2012RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
31 May 2010SoldReady
AED 800,000AED 1,120 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
Studio apartment
Size
714 sqft
Floor
3rd of 28
Parking
B306
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 800K · May 2010
Building
Murjan 2

About 306, Murjan 2

306 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 31 May 2010 for AED 800,000, or AED 1,120 per sqft, 77% above the AED 633 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 20 March 2025, is AED 71,000 a year: a gross yield of 8.9% on the 2010 price, before the service charge of about AED 13,900 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, June 2008: AED 275,000 (AED 385 per sqft)Sold, April 2009: AED 840,000 (AED 1,176 per sqft)Sold, May 2010: AED 800,000 (AED 1,120 per sqft)

306 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 306, 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, July 2012: AED 75,000 a yearNew contract, October 2018: AED 58,000 a yearNew contract, December 2019: AED 50,000 a yearNew contract, October 2021: AED 48,000 a yearRenewal, October 2022: AED 52,800 a yearNew contract, November 2023: AED 75,000 a yearNew contract, March 2025: AED 71,000 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 306 sits

All 151 studios →

306 last sold in May 2010 at AED 1,120 per sqft, 77% 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. 306's AED 71,000 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
303StudioAED 299K · Sep 2007
304StudioAED 1.13M · May 2017
305StudioAED 1.67M · Nov 2008
307StudioAED 1.28M · Sep 2014
308AED 1M · Oct 2025
1–7 of 11

306, Murjan 2 in numbers

  • Sold 3 times: first on 15 June 2008 for AED 275,000, last on 31 May 2010 for AED 800,000 (AED 1,120 per sqft).
  • Rented since July 2012 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 48,000 in 2021 and recovered to AED 71,000 by March 2025.
  • At AED 71,000 a year the gross yield on the 2010 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 20 March 2025.

Questions about 306, Murjan 2

What did unit 306 last sell for?

AED 800,000 on 31 May 2010: AED 1,120 per sqft for 714 sqft. The unit has 3 registered sales; the first was AED 275,000 in June 2008.

What is the rent for unit 306?

AED 71,000 a year on the contract signed on 20 March 2025. The previous contract, from November 2023, was AED 75,000; the unit has been rented since July 2012.

How big is unit 306?

714 sqft (66.3 sqm): a studio on the 3rd floor of a 28-storey tower completed in 2007.

What is unit 306 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 306, Murjan 2

Starts from the last sale price (AED 800K, 31 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →