Studio · 713 sqftMurjan 2, Jumeirah Beach Residence · 4th floor · completed 2007

403, Murjan 2

Sold prices and rental history: sold once, by the developer in April 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 11 April 2025
Last soldAED 299K30 April 2008
Current rentAED 82K /yr11 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Murjan 2

What is 403 worth today?

Last sold for AED 299,000 in 2008

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11 Apr 2025RentedRenewal
AED 82,000/yr12 months · AED 115 per sqft
11 Apr 2023RentedNew contract
AED 82,000/yr12 months · AED 115 per sqft
26 Oct 2022RentedRenewal
AED 58,299/yr7 months · AED 82 per sqft
26 Oct 2021RentedRenewal
AED 53,000/yr12 months · AED 75 per sqft
26 Oct 2020RentedNew contract
AED 50,000/yr12 months · AED 70 per sqft
31 Dec 2016RentedRenewal
AED 85,000/yr12 months · AED 120 per sqft
31 Dec 2015RentedRenewal
AED 85,000/yr12 months · AED 120 per sqft
30 Apr 2008Sold by developerReady
AED 299,000AED 419 per sqft

Source: Dubai Land Department. Updated 11 April 2025.

Key facts

Type
Studio apartment
Size
713 sqft
Floor
4th of 28
Parking
B510
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 299K · April 2008
Building
Murjan 2

About 403, Murjan 2

403 is a studio of 713 sqft on the 4th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 30 April 2008 for AED 299,000, or AED 419 per sqft, 51% below the AED 847 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 11 April 2025, is AED 82,000 a year: a gross yield of 27.4% on the 2008 price, before the service charge of about AED 13,900 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, April 2008: AED 299,000 (AED 419 per sqft)

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

Rents
Unit 403, 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, December 2015: AED 85,000 a yearRenewal, December 2016: AED 85,000 a yearNew contract, October 2020: AED 50,000 a yearRenewal, October 2021: AED 53,000 a yearRenewal, October 2022: AED 58,299 a yearNew contract, April 2023: AED 82,000 a yearRenewal, April 2025: AED 82,000 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 403 sits

All 151 studios →

403 last sold in April 2008 at AED 419 per sqft, 51% below what studios in Murjan 2 were fetching at the time (AED 847). 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. 403's AED 82,000 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 4th floor

All 278 units in Murjan 2
Value
4011-bedAED 449K · Dec 2007
4021-bedAED 449K · Aug 2012
404StudioAED 600K · Aug 2020
405StudioAED 1.1M · Dec 2021
406StudioAED 275K · Nov 2007
407StudioAED 1M · Mar 2023
408AED 1.44M · Sep 2025
1–7 of 11

403, Murjan 2 in numbers

  • Sold once: by Dubai Properties on 30 April 2008 for AED 299,000, or AED 419 per sqft.
  • Rented since December 2015 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 50,000 in 2020 and recovered to AED 82,000 by April 2025.
  • At AED 82,000 a year the gross yield on the 2008 price is 27.4%, 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 11 April 2025.

Questions about 403, Murjan 2

What did unit 403 last sell for?

AED 299,000 on 30 April 2008, 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 403?

AED 82,000 a year on the contract renewed on 11 April 2025. The previous contract, from April 2023, was AED 82,000; the unit has been rented since December 2015.

How big is unit 403?

713 sqft (66.2 sqm): a studio on the 4th floor of a 28-storey tower completed in 2007.

What is unit 403 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 403, Murjan 2

Starts from the last sale price (AED 299K, 30 April 2008). 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 →