708, Murjan 2
Sold prices and rental history: sold twice, last in August 2024, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Murjan 2
What is 708 worth today?
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Source: Dubai Land Department. Updated 12 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 713 sqft
- Floor
- 7th of 28
- Parking
- B582
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 950K · August 2024
- Building
- Murjan 2
About 708, Murjan 2
708 is a studio of 713 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 15 August 2024 for AED 950,000, or AED 1,332 per sqft, 13% below the AED 1,528 studios in the building were fetching at the time.
One Ejari contract is registered, from 12 September 2024. The current contract, signed on 12 September 2024, is AED 70,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 13,900 a year.
Sales and rents for 708 over time
708 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 708 sits
All 151 studios →708 last sold in August 2024 at AED 1,332 per sqft, 13% below 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. 708's AED 70,000 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 | |
| 705 | Studio | 714 sqft | AED 1.23MAED 1,225,000 · Sep 2024September 2024 | 100,000 /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 | |
| 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 |
708, Murjan 2 in numbers
- Sold twice: first on 28 October 2009 for AED 275,000, last on 15 August 2024 for AED 950,000 (AED 1,332 per sqft).
- Rented since September 2024 on one Ejari contract, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2024 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 12 September 2024.
Questions about 708, Murjan 2
What did unit 708 last sell for?
AED 950,000 on 15 August 2024: AED 1,332 per sqft for 713 sqft. The unit has 2 registered sales; the first was AED 275,000 in October 2009.
What is the rent for unit 708?
AED 70,000 a year on the contract signed on 12 September 2024.
How big is unit 708?
713 sqft (66.2 sqm): a studio on the 7th floor of a 28-storey tower completed in 2007.
What is unit 708 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.
Selling 708? Put it on the OpenOffers board
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Mortgage on 708, Murjan 2
Starts from the last sale price (AED 950K, 15 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →