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Studio · 715 sqftMurjan 2, Jumeirah Beach Residence · completed 2007

UP03, Murjan 2

Sold prices and rental history: sold 5 times, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP03 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 1.04M4 July 2022
Current rentAED 114K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for UP03, Murjan 2

What is UP03 worth today?

Last sold for AED 1,040,000 in 2022

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15 Aug 2025RentedNew contract
AED 114,000/yr12 months · AED 160 per sqft
4 Jul 2022SoldReady
AED 1,040,000AED 1,453 per sqft
1 Oct 2017RentedRenewal
AED 80,000/yr12 months · AED 112 per sqft
13 Apr 2017SoldReady
AED 1,100,000AED 1,537 per sqft
1 Oct 2016RentedNew contract
AED 80,000/yr12 months · AED 112 per sqft
4 Sep 2013RentedNew contract
AED 80,000/yr12 months · AED 113 per sqft
21 May 2013SoldReady
AED 840,000AED 1,174 per sqft
22 Oct 2007SoldReady
AED 815,000AED 1,139 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
Studio apartment
Size
715 sqft
Parking
B375
Developer
Dubai Properties
Completed
2007
Service charge
AED 14,000 /yr
Last sold
AED 1.04M · July 2022
Building
Murjan 2

About UP03, Murjan 2

UP03 is a studio of 715 sqft of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 July 2022 for AED 1,040,000, or AED 1,453 per sqft, 4% above the AED 1,400 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 15 August 2025, is AED 114,000 a year: a gross yield of 11.0% on the 2022 price, before the service charge of about AED 14,000 a year.

Sales and rents for UP03 over time

Sales
Unit UP03, 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, August 2007: AED 674,500 (AED 942 per sqft)Sold, October 2007: AED 815,000 (AED 1,139 per sqft)Sold, May 2013: AED 840,000 (AED 1,174 per sqft)Sold, April 2017: AED 1,100,000 (AED 1,537 per sqft)Sold, July 2022: AED 1,040,000 (AED 1,453 per sqft)

UP03 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit UP03, each contractTypical studio in Murjan 2
50K100K2012201620202024Typical 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, September 2013: AED 80,000 a yearNew contract, October 2016: AED 80,000 a yearRenewal, October 2017: AED 80,000 a yearNew contract, August 2025: AED 114,000 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 UP03 sits

All 151 studios →

UP03 last sold in July 2022 at AED 1,453 per sqft, 4% above what studios in Murjan 2 were fetching at the time (AED 1,400). 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. UP03's AED 114,000 is in the upper 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 →

UP03, Murjan 2 in numbers

  • Sold 5 times: first on 28 August 2007 for AED 674,500, last on 4 July 2022 for AED 1,040,000 (AED 1,453 per sqft).
  • Rented since September 2013 on 4 Ejari contracts, from AED 80,000 to AED 114,000 a year.
  • At AED 114,000 a year the gross yield on the 2022 price is 11.0%, before a service charge of about AED 14,000 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 August 2025.

Questions about UP03, Murjan 2

What did unit UP03 last sell for?

AED 1,040,000 on 4 July 2022: AED 1,453 per sqft for 715 sqft. The unit has 5 registered sales; the first was AED 674,500 in August 2007.

What is the rent for unit UP03?

AED 114,000 a year on the contract signed on 15 August 2025. The previous contract, from October 2017, was AED 80,000; the unit has been rented since September 2013.

How big is unit UP03?

715 sqft (66.4 sqm): a studio of a 28-storey tower completed in 2007.

What is unit UP03 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 UP03, Murjan 2

Starts from the last sale price (AED 1.04M, 4 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,000
Deposit, UAE resident (20%)
AED 208,000
Deposit, non-resident (40%)
AED 416,000
Monthly over 25 years at 3.7%
AED 4,255

Plus AED 48,690 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →