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

UP09, Murjan 2

Sold prices and rental history: sold 7 times, last in October 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP09 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 1.15M25 October 2024
Current rentAED 44K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for UP09, Murjan 2

What is UP09 worth today?

Last sold for AED 1,150,000 in 2024

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25 Oct 2024SoldReady
AED 1,150,000AED 1,607 per sqft
30 Sep 2021SoldReady
AED 850,000AED 1,188 per sqft
1 Nov 2020RentedNew contract
AED 44,000/yr12 months · AED 62 per sqft
1 Sep 2019RentedRenewal
AED 60,000/yr12 months · AED 84 per sqft
1 Sep 2018RentedNew contract
AED 65,000/yr12 months · AED 91 per sqft
17 Sep 2017RentedRenewal
AED 85,000/yr12 months · AED 120 per sqft
17 Sep 2016RentedNew contract
AED 85,000/yr12 months · AED 120 per sqft
23 Mar 2016SoldReady
AED 1,150,000AED 1,607 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
Studio apartment
Size
715 sqft
Parking
B679
Developer
Dubai Properties
Completed
2007
Service charge
AED 14,000 /yr
Last sold
AED 1.15M · October 2024
Building
Murjan 2

About UP09, Murjan 2

UP09 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 25 October 2024 for AED 1,150,000, or AED 1,607 per sqft, in line with the AED 1,610 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 1 November 2020, is AED 44,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 14,000 a year.

Sales and rents for UP09 over time

Sales
Unit UP09, 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, October 2013: AED 1,130,000 (AED 1,579 per sqft)Sold, March 2016: AED 1,150,000 (AED 1,607 per sqft)Sold, September 2021: AED 850,000 (AED 1,188 per sqft)Sold, October 2024: AED 1,150,000 (AED 1,607 per sqft)

UP09 has sold 7 times; the dashed line is the studio median of each year in the building.

Rents
Unit UP09, each contractTypical studio in Murjan 2
40K60K80K2012201620202024Typical 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 2016: AED 85,000 a yearRenewal, September 2017: AED 85,000 a yearNew contract, September 2018: AED 65,000 a yearRenewal, September 2019: AED 60,000 a yearNew contract, November 2020: AED 44,000 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 UP09 sits

All 151 studios →

UP09 last sold in October 2024 at AED 1,607 per sqft, in line with what studios in Murjan 2 were fetching at the time (AED 1,610). 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. UP09's AED 44,000 is at the bottom 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 →

UP09, Murjan 2 in numbers

  • Sold 7 times: first on 28 August 2007 for AED 674,500, last on 25 October 2024 for AED 1,150,000 (AED 1,607 per sqft).
  • Rented since September 2016 on 5 Ejari contracts, from AED 85,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2024 price is 3.8%, 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 25 October 2024.

Questions about UP09, Murjan 2

What did unit UP09 last sell for?

AED 1,150,000 on 25 October 2024: AED 1,607 per sqft for 715 sqft. The unit has 7 registered sales; the first was AED 674,500 in August 2007.

What is the rent for unit UP09?

AED 44,000 a year on the contract signed on 1 November 2020. The previous contract, from September 2019, was AED 60,000; the unit has been rented since September 2016.

How big is unit UP09?

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

What is unit UP09 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 UP09, Murjan 2

Starts from the last sale price (AED 1.15M, 25 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →