2-bed · 1,980 sqftMuraba Residence, Palm Jumeirah · 3rd floor · completed 2016

305-S, Muraba Residence

Sold prices and rental history: sold once, by the developer in May 2022, and rented once, from February 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305-S · DLD and Ejari recordsUpdated 11 May 2022
Last soldAED 6.68M11 May 2022
Current rentAED 260K /yr1 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305-S, Muraba Residence

What is 305-S worth today?

Last sold for AED 6,684,525 in 2022

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11 May 2022Sold by developerReady
AED 6,684,525AED 3,375 per sqft
1 Feb 2020RentedNew contract
AED 260,000/yr12 months · AED 131 per sqft

Source: Dubai Land Department. Updated 11 May 2022.

Key facts

Type
2-bed apartment
Size
1,980 sqft
Floor
3rd of 9
Parking
B-79
Developer
Muraba Properties
Completed
2016
Service charge
AED 72,700 /yr
Last sold
AED 6.68M · May 2022

About 305-S, Muraba Residence

305-S is a two-bedroom apartment of 1,980 sqft on the 3rd floor of Muraba Residence, a 9-storey tower in Palm Jumeirah completed in 2016 by Muraba Properties. The developer sold it on 11 May 2022 for AED 6,684,525, or AED 3,375 per sqft, 12% below the AED 3,831 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2020. The current contract, signed on 1 February 2020, is AED 260,000 a year: a gross yield of 3.9% on the 2022 price, before the service charge of about AED 72,700 a year.

Sales and rents for 305-S over time

Sales
Unit 305-S, each saleTypical two-bed in Muraba Residence
7M8M20222023202420252026Typical 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, May 2022: AED 6,684,525 (AED 3,375 per sqft)

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

Rents
Unit 305-S, 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, February 2020: AED 260,000 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 305-S sits

All 29 2-beds →

305-S last sold in May 2022 at AED 3,375 per sqft, 12% below what two-beds in Muraba Residence were fetching at the time (AED 3,831). 305-S's AED 260,000 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 3rd floor

All 50 units in Muraba Residence
Value
301-N3-bedAED 7.94M · Sep 2022
302-N2-bedAED 7.3M · May 2022
303-N2-bedAED 5.3M · May 2022
304-S2-bedAED 8.47M · Jun 2023
306-S3-bedAED 10.43M · Apr 2025

305-S, Muraba Residence in numbers

  • Sold once: by Muraba Properties on 11 May 2022 for AED 6,684,525, or AED 3,375 per sqft.
  • Rented since February 2020 on one Ejari contract, at AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2022 price is 3.9%, before a service charge of about AED 72,700 a year (AED 36.72 per sqft).

Source: Dubai Land Department. Updated 11 May 2022.

Questions about 305-S, Muraba Residence

What did unit 305-S last sell for?

AED 6,684,525 on 11 May 2022, sold by the developer: AED 3,375 per sqft for 1,980 sqft. It is the only registered sale of the unit.

What is the rent for unit 305-S?

AED 260,000 a year on the contract signed on 1 February 2020.

How big is unit 305-S?

1,980 sqft (183.9 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2016.

What is unit 305-S 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 305-S, Muraba Residence

Starts from the last sale price (AED 6.68M, 11 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,684,525
Deposit, UAE resident (20%)
AED 1,336,905
Deposit, non-resident (40%)
AED 2,673,810
Monthly over 25 years at 3.7%
AED 27,348

Plus AED 285,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →