507, Murjan 2
Sold prices and rental history: sold 9 times, last in May 2024, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Murjan 2
What is 507 worth today?
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Source: Dubai Land Department. Updated 28 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 714 sqft
- Floor
- 5th of 28
- Parking
- B538
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 1.37M · May 2024
- Building
- Murjan 2
About 507, Murjan 2
507 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 28 May 2024 for AED 1,370,000, or AED 1,918 per sqft, 26% above the AED 1,528 studios in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 15 January 2017, is AED 80,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 13,900 a year.
Sales and rents for 507 over time
507 has sold 9 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 507 sits
All 151 studios →507 last sold in May 2024 at AED 1,918 per sqft, 26% above what studios in Murjan 2 were fetching at the time (AED 1,528). 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. 507's AED 80,000 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 | |
| 503 | Studio | 713 sqft | AED 1.01MAED 1,010,000 · Mar 2019March 2019 | 75,000 /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 | |
| 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 |
507, Murjan 2 in numbers
- Sold 9 times: first on 17 February 2008 for AED 275,000, last on 28 May 2024 for AED 1,370,000 (AED 1,918 per sqft).
- Rented since January 2014 on 3 Ejari contracts, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2024 price is 5.8%, 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 28 May 2024.
Questions about 507, Murjan 2
What did unit 507 last sell for?
AED 1,370,000 on 28 May 2024: AED 1,918 per sqft for 714 sqft. The unit has 9 registered sales; the first was AED 275,000 in February 2008.
What is the rent for unit 507?
AED 80,000 a year on the contract renewed on 15 January 2017. The previous contract, from January 2016, was AED 80,000; the unit has been rented since January 2014.
How big is unit 507?
714 sqft (66.3 sqm): a studio on the 5th floor of a 28-storey tower completed in 2007.
What is unit 507 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 507, Murjan 2
Starts from the last sale price (AED 1.37M, 28 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,370,000
- Deposit, UAE resident (20%)
- AED 274,000
- Deposit, non-resident (40%)
- AED 548,000
- Monthly over 25 years at 3.7%
- AED 5,605
Plus AED 62,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →