2-bed · 990 sqftMuraba Residence, Palm Jumeirah · 1st floor · completed 2016

102-N, Muraba Residence

Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102-N · DLD and Ejari recordsUpdated 25 December 2024
Last soldAED 7.46M9 November 2022
Current rentAED 400K /yr25 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102-N, Muraba Residence

What is 102-N worth today?

Last sold for AED 7,455,465 in 2022

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25 Dec 2024RentedNew contract
AED 400,000/yr12 months · AED 202 per sqft
9 Nov 2022Sold by developerReady
AED 7,455,465AED 3,765 per sqft
17 Mar 2021RentedNew contract
AED 240,000/yr12 months · AED 121 per sqft

Source: Dubai Land Department. Updated 25 December 2024.

Key facts

Type
2-bed apartment
Size
990 sqft
Floor
1st of 9
Parking
B-17
Developer
Muraba Properties
Completed
2016
Service charge
AED 36,400 /yr
Last sold
AED 7.46M · November 2022

About 102-N, Muraba Residence

102-N is a two-bedroom apartment of 990 sqft on the 1st floor of Muraba Residence, a 9-storey tower in Palm Jumeirah completed in 2016 by Muraba Properties. The developer sold it on 9 November 2022 for AED 7,455,465, or AED 3,765 per sqft, in line with the AED 3,764 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 25 December 2024, is AED 400,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 36,400 a year.

Sales and rents for 102-N over time

Sales
Unit 102-N, each saleTypical two-bed in Muraba Residence
7.5M8M20222023202420252026Typical sale price by year: 2022 AED 7,299,490; 2023 AED 8,137,743; 2024 AED 8,151,070; 2025 AED 7,738,461Sold by developer, November 2022: AED 7,455,465 (AED 3,765 per sqft)

102-N has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 102-N, each contractTypical two-bed in Muraba Residence
200K400K600K2019202120232025Typical rent by year: 2019 AED 234,000; 2020 AED 230,000; 2021 AED 250,000; 2022 AED 250,000; 2025 AED 580,000New contract, March 2021: AED 240,000 a yearNew contract, December 2024: AED 400,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Muraba Residence, and where 102-N sits

All 29 2-beds →

102-N last sold in November 2022 at AED 3,765 per sqft, in line with what two-beds in Muraba Residence were fetching at the time (AED 3,764). 102-N's AED 400,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jul 20257,000,000
23 Jun 20257,650,000
20 May 20257,826,921
10 Apr 20258,568,233
0 2-bed sales in the last 12 months

Muraba Residence

Building

50 apartments, 2-bed to 3-bed over 9 floors in Palm Jumeirah, completed in 2016 by Muraba Properties. 1 sold in the last 12 months.

Typical price per sqft
AED 4,003
Typical sale
AED 9.73M
Typical rent
AED 495K /yr
Typical yield
6.7%
Muraba Residence, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 50 units in Muraba Residence
Value
101-N3-bedAED 9.29M · Nov 2023
103-N2-bedAED 6.5M · Aug 2022
104-S2-bedAED 6.5M · Jun 2022
105-S2-bedAED 7.46M · Sep 2023
106-S3-bedAED 8.28M · Dec 2023

102-N, Muraba Residence in numbers

  • Sold once: by Muraba Properties on 9 November 2022 for AED 7,455,465, or AED 3,765 per sqft.
  • Rented since March 2021 on 2 Ejari contracts, from AED 240,000 to AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2022 price is 5.4%, before a service charge of about AED 36,400 a year (AED 36.72 per sqft).

Source: Dubai Land Department. Updated 25 December 2024.

Questions about 102-N, Muraba Residence

What did unit 102-N last sell for?

AED 7,455,465 on 9 November 2022, sold by the developer: AED 3,765 per sqft for 990 sqft. It is the only registered sale of the unit.

What is the rent for unit 102-N?

AED 400,000 a year on the contract signed on 25 December 2024. The previous contract, from March 2021, was AED 240,000.

How big is unit 102-N?

990 sqft (92.0 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower completed in 2016.

What is unit 102-N worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 102-N, Muraba Residence

Starts from the last sale price (AED 7.46M, 9 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 7,455,465
Deposit, UAE resident (20%)
AED 1,491,093
Deposit, non-resident (40%)
AED 2,982,186
Monthly over 25 years at 3.7%
AED 30,503

Plus AED 318,140 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →