705, Murjan 2
Sold prices and rental history: sold 3 times, last in September 2024, 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 705, Murjan 2
What is 705 worth today?
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Source: Dubai Land Department. Updated 15 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 714 sqft
- Floor
- 7th of 28
- Parking
- B559
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 1.23M · September 2024
- Building
- Murjan 2
About 705, Murjan 2
705 is a studio of 714 sqft on the 7th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 30 September 2024 for AED 1,225,000, or AED 1,715 per sqft, 12% above the AED 1,528 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 15 October 2024, is AED 100,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 13,900 a year.
Sales and rents for 705 over time
705 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 705 sits
All 151 studios →705 last sold in September 2024 at AED 1,715 per sqft, 12% 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. 705's AED 100,000 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 7th floor
All 278 units in Murjan 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Feb 2013February 2013 | 92,000 /yr | |
| 702 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Feb 2008February 2008 | 95,000 /yr | |
| 703 | Studio | 713 sqft | AED 1MAED 1,000,000 · Nov 2018November 2018 | 86,000 /yr | |
| 704 | Studio | 714 sqft | AED 1.15MAED 1,150,000 · Dec 2015December 2015 | 85,000 /yr | |
| 706 | Studio | 714 sqft | AED 950KAED 950,000 · Sep 2017September 2017 | 78,000 /yr | |
| 707 | Studio | 714 sqft | AED 1.25MAED 1,250,000 · Jun 2014June 2014 | 78,000 /yr | |
| 708 | Studio | 713 sqft | AED 950KAED 950,000 · Aug 2024August 2024 | 70,000 /yr | |
| 709 | 1-bed | 1,101 sqft | AED 415KAED 415,000 · Jun 2008June 2008 | ||
| 710 | 1-bed | 1,101 sqft | AED 415KAED 415,000 · Feb 2013February 2013 | 98,450 /yr | |
| 711 | Studio | 720 sqft | AED 1.05MAED 1,050,000 · Sep 2022September 2022 | 45,000 /yr | |
| 712 | Studio | 720 sqft | AED 840KAED 840,000 · Mar 2013March 2013 | 71,400 /yr |
705, Murjan 2 in numbers
- Sold 3 times: first on 29 December 2008 for AED 299,000, last on 30 September 2024 for AED 1,225,000 (AED 1,715 per sqft).
- Rented since May 2015 on 7 Ejari contracts. The rent fell from AED 53,143 to AED 45,000 in 2022 and recovered to AED 100,000 by October 2024.
- At AED 100,000 a year the gross yield on the 2024 price is 8.2%, 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 15 October 2024.
Questions about 705, Murjan 2
What did unit 705 last sell for?
AED 1,225,000 on 30 September 2024: AED 1,715 per sqft for 714 sqft. The unit has 3 registered sales; the first was AED 299,000 in December 2008.
What is the rent for unit 705?
AED 100,000 a year on the contract signed on 15 October 2024. The previous contract, from October 2022, was AED 45,000; the unit has been rented since May 2015.
How big is unit 705?
714 sqft (66.3 sqm): a studio on the 7th floor of a 28-storey tower completed in 2007.
What is unit 705 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 705, Murjan 2
Starts from the last sale price (AED 1.23M, 30 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,225,000
- Deposit, UAE resident (20%)
- AED 245,000
- Deposit, non-resident (40%)
- AED 490,000
- Monthly over 25 years at 3.7%
- AED 5,012
Plus AED 56,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →