503, Murjan 2
Sold prices and rental history: sold twice, last in March 2019, 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 503, Murjan 2
What is 503 worth today?
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Source: Dubai Land Department. Updated 10 March 2019.
Key facts
- Type
- Studio apartment
- Size
- 713 sqft
- Floor
- 5th of 28
- Parking
- B540
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 1.01M · March 2019
- Building
- Murjan 2
About 503, Murjan 2
503 is a studio of 713 sqft on the 5th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 10 March 2019 for AED 1,010,000, or AED 1,417 per sqft, in line with the AED 1,403 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 18 March 2017, is AED 75,000 a year: a gross yield of 7.4% on the 2019 price, before the service charge of about AED 13,900 a year.
Sales and rents for 503 over time
503 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 503 sits
All 151 studios →503 last sold in March 2019 at AED 1,417 per sqft, in line with what studios in Murjan 2 were fetching at the time (AED 1,403). 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. 503'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 5th floor
All 278 units in Murjan 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Nov 2008November 2008 | 86,625 /yr | |
| 502 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Feb 2008February 2008 | 94,500 /yr | |
| 504 | Studio | 714 sqft | AED 1.05MAED 1,050,000 · Feb 2013February 2013 | 70,875 /yr | |
| 505 | Studio | 714 sqft | AED 950KAED 950,000 · Oct 2021October 2021 | 45,000 /yr | |
| 506 | Studio | 714 sqft | AED 900KAED 900,000 · Dec 2019December 2019 | 60,000 /yr | |
| 507 | Studio | 714 sqft | AED 1.37MAED 1,370,000 · May 2024May 2024 | 80,000 /yr | |
| 508 | Studio | 713 sqft | AED 750KAED 750,000 · Mar 2010March 2010 | 66,550 /yr | |
| 509 | 1-bed | 1,101 sqft | AED 415KAED 415,000 · Nov 2012November 2012 | 100,000 /yr | |
| 510 | 1-bed | 1,101 sqft | AED 875KAED 875,000 · Mar 2020March 2020 | 115,000 /yr | |
| 511 | Studio | 720 sqft | AED 1.12MAED 1,120,000 · Sep 2013September 2013 | 80,000 /yr | |
| 512 | Studio | 720 sqft | AED 950KAED 950,000 · Apr 2019April 2019 | 85,000 /yr |
503, Murjan 2 in numbers
- Sold twice: first on 14 July 2013 for AED 299,000, last on 10 March 2019 for AED 1,010,000 (AED 1,417 per sqft).
- Rented since September 2013 on 4 Ejari contracts, from AED 64,820 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2019 price is 7.4%, 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 10 March 2019.
Questions about 503, Murjan 2
What did unit 503 last sell for?
AED 1,010,000 on 10 March 2019: AED 1,417 per sqft for 713 sqft. The unit has 2 registered sales; the first was AED 299,000 in July 2013.
What is the rent for unit 503?
AED 75,000 a year on the contract signed on 18 March 2017. The previous contract, from September 2015, was AED 80,000; the unit has been rented since September 2013.
How big is unit 503?
713 sqft (66.2 sqm): a studio on the 5th floor of a 28-storey tower completed in 2007.
What is unit 503 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 503, Murjan 2
Starts from the last sale price (AED 1.01M, 10 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,010,000
- Deposit, UAE resident (20%)
- AED 202,000
- Deposit, non-resident (40%)
- AED 404,000
- Monthly over 25 years at 3.7%
- AED 4,132
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →