504, Murjan 2
Sold prices and rental history: sold 3 times, last in February 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Murjan 2
What is 504 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 714 sqft
- Floor
- 5th of 28
- Parking
- B536
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 1.05M · February 2013
- Building
- Murjan 2
About 504, Murjan 2
504 is a studio of 714 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 3 February 2013 for AED 1,050,000, or AED 1,470 per sqft, 38% above the AED 1,068 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 70,875 a year: a gross yield of 6.8% on the 2013 price, before the service charge of about AED 13,900 a year.
Sales and rents for 504 over time
504 has sold 3 times; 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 504 sits
All 151 studios →504 last sold in February 2013 at AED 1,470 per sqft, 38% above what studios in Murjan 2 were fetching at the time (AED 1,068). 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. 504's AED 70,875 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 | |
| 503 | Studio | 713 sqft | AED 1.01MAED 1,010,000 · Mar 2019March 2019 | 75,000 /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 |
504, Murjan 2 in numbers
- Sold 3 times: first on 1 October 2009 for AED 299,000, last on 3 February 2013 for AED 1,050,000 (AED 1,470 per sqft).
- Rented since February 2015 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 57,750 in 2021 and recovered to AED 70,875 by October 2024.
- At AED 70,875 a year the gross yield on the 2013 price is 6.8%, 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 1 October 2024.
Questions about 504, Murjan 2
What did unit 504 last sell for?
AED 1,050,000 on 3 February 2013: AED 1,470 per sqft for 714 sqft. The unit has 3 registered sales; the first was AED 299,000 in October 2009.
What is the rent for unit 504?
AED 70,875 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 67,500; the unit has been rented since February 2015.
How big is unit 504?
714 sqft (66.3 sqm): a studio on the 5th floor of a 28-storey tower completed in 2007.
What is unit 504 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 504, Murjan 2
Starts from the last sale price (AED 1.05M, 3 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →