312, Murjan 2
Sold prices and rental history: sold twice, last in January 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 312, Murjan 2
What is 312 worth today?
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Source: Dubai Land Department. Updated 6 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 720 sqft
- Floor
- 3rd of 28
- Parking
- B511
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 14,100 /yr
- Last sold
- AED 1.1M · January 2017
- Building
- Murjan 2
About 312, Murjan 2
312 is a studio of 720 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 January 2017 for AED 1,100,000, or AED 1,528 per sqft, in line with the AED 1,533 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 6 September 2024, is AED 75,000 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 14,100 a year.
Sales and rents for 312 over time
312 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 312 sits
All 151 studios →312 last sold in January 2017 at AED 1,528 per sqft, in line with what studios in Murjan 2 were fetching at the time (AED 1,533). 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. 312's AED 75,000 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 | |
| 304 | Studio | 714 sqft | AED 1.13MAED 1,125,000 · May 2017May 2017 | 85,000 /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, Murjan 2 in numbers
- Sold twice: first on 11 March 2013 for AED 930,000, last on 31 January 2017 for AED 1,100,000 (AED 1,528 per sqft).
- Rented since September 2013 on 8 Ejari contracts, from AED 83,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2017 price is 6.8%, before a service charge of about AED 14,100 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 6 September 2024.
Questions about 312, Murjan 2
What did unit 312 last sell for?
AED 1,100,000 on 31 January 2017: AED 1,528 per sqft for 720 sqft. The unit has 2 registered sales; the first was AED 930,000 in March 2013.
What is the rent for unit 312?
AED 75,000 a year on the contract signed on 6 September 2024. The previous contract, from June 2023, was AED 75,000; the unit has been rented since September 2013.
How big is unit 312?
720 sqft (66.9 sqm): a studio on the 3rd floor of a 28-storey tower completed in 2007.
What is unit 312 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 312, Murjan 2
Starts from the last sale price (AED 1.1M, 31 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →