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Studio · 714 sqftMurjan 2, Jumeirah Beach Residence · 8th floor · completed 2007

807, Murjan 2

Sold prices and rental history: sold 6 times, last in July 2022, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 807 · DLD and Ejari recordsUpdated 13 July 2022
Last soldAED 1.1M13 July 2022
Current rentAED 70K /yr24 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 807, Murjan 2

What is 807 worth today?

Last sold for AED 1,100,000 in 2022

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13 Jul 2022SoldReady
AED 1,100,000AED 1,540 per sqft
6 Oct 2021SoldReady
AED 1,000,000AED 1,400 per sqft
4 Mar 2020SoldReady
AED 1,150,000AED 1,610 per sqft
31 Oct 2019SoldReady
AED 1,150,000AED 1,610 per sqft
10 Jun 2018SoldReady
AED 1,020,000AED 1,428 per sqft
24 Aug 2017RentedRenewal
AED 69,993/yr9 months · AED 99 per sqft
24 Aug 2016RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
4 Oct 2015Sold by developerReady
AED 275,000AED 385 per sqft

Source: Dubai Land Department. Updated 13 July 2022.

Key facts

Type
Studio apartment
Size
714 sqft
Floor
8th of 28
Parking
B578
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 1.1M · July 2022
Building
Murjan 2

About 807, Murjan 2

807 is a studio of 714 sqft on the 8th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 13 July 2022 for AED 1,100,000, or AED 1,540 per sqft, 8% above the AED 1,427 studios in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 24 August 2017, is AED 69,993 a year: a gross yield of 6.4% on the 2022 price, before the service charge of about AED 13,900 a year.

Sales and rents for 807 over time

Sales
Unit 807, each saleTypical studio in Murjan 2
500K1M2007201220172022Typical sale price by year: 2007 AED 300,000; 2008 AED 432,500; 2009 AED 299,000; 2010 AED 299,000; 2011 AED 600,000; 2012 AED 725,000; 2013 AED 850,000; 2014 AED 1,237,500; 2015 AED 1,080,000; 2016 AED 1,090,000; 2017 AED 1,112,500; 2018 AED 1,000,000; 2019 AED 900,000; 2020 AED 600,000; 2021 AED 940,000; 2022 AED 1,100,000; 2023 AED 1,100,000; 2024 AED 1,135,000; 2025 AED 1,190,000Sold by developer, October 2015: AED 275,000 (AED 385 per sqft)Sold, June 2018: AED 1,020,000 (AED 1,428 per sqft)Sold, October 2019: AED 1,150,000 (AED 1,610 per sqft)Sold, March 2020: AED 1,150,000 (AED 1,610 per sqft)Sold, October 2021: AED 1,000,000 (AED 1,400 per sqft)Sold, July 2022: AED 1,100,000 (AED 1,540 per sqft)

807 has sold 6 times; the dashed line is the studio median of each year in the building.

Rents
Unit 807, each contractTypical studio in Murjan 2
60K80K2012201620202024Typical rent by year: 2012 AED 51,750; 2013 AED 66,000; 2014 AED 75,000; 2015 AED 80,000; 2016 AED 80,000; 2017 AED 76,500; 2018 AED 69,685; 2019 AED 60,000; 2020 AED 48,000; 2021 AED 48,000; 2022 AED 56,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 78,000; 2026 AED 85,000New contract, August 2016: AED 75,000 a yearRenewal, August 2017: AED 69,993 a year

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 807 sits

All 151 studios →

807 last sold in July 2022 at AED 1,540 per sqft, 8% above what studios in Murjan 2 were fetching at the time (AED 1,427). 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. 807's AED 69,993 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Feb 20261,350,000
13 Jun 20251,110,000
10 Jun 20251,230,000
16 May 20251,450,000
1 studio sale in the last 12 months

Murjan 2

Building

278 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%
Murjan 2, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 8th floor

All 278 units in Murjan 2
Value
8011-bedAED 449K · Oct 2012
8021-bedAED 1.8M · May 2024
803StudioAED 299K · Jun 2016
804StudioAED 1.46M · Jan 2008
805StudioAED 1M · Feb 2010
806StudioAED 275K · Oct 2015
808StudioAED 1.29M · Nov 2014
1–7 of 11

807, Murjan 2 in numbers

  • Sold 6 times: first on 4 October 2015 for AED 275,000, last on 13 July 2022 for AED 1,100,000 (AED 1,540 per sqft).
  • Rented since August 2016 on 2 Ejari contracts, from AED 75,000 to AED 69,993 a year.
  • At AED 69,993 a year the gross yield on the 2022 price is 6.4%, 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 13 July 2022.

Questions about 807, Murjan 2

What did unit 807 last sell for?

AED 1,100,000 on 13 July 2022: AED 1,540 per sqft for 714 sqft. The unit has 6 registered sales; the first was AED 275,000 in October 2015.

What is the rent for unit 807?

AED 69,993 a year on the contract renewed on 24 August 2017. The previous contract, from August 2016, was AED 75,000.

How big is unit 807?

714 sqft (66.3 sqm): a studio on the 8th floor of a 28-storey tower completed in 2007.

What is unit 807 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 807, Murjan 2

Starts from the last sale price (AED 1.1M, 13 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →