2-bed · 1,396 sqftMurjan 5, Jumeirah Beach Residence · 1st floor · completed 2007

101, Murjan 5

Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 1.05M25 December 2008
Current rentAED 160K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Murjan 5

What is 101 worth today?

Last sold for AED 1,052,000 in 2008

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5 Nov 2024RentedRenewal
AED 160,000/yr12 months · AED 114 per sqft
5 Nov 2023RentedNew contract
AED 150,000/yr12 months · AED 107 per sqft
29 Oct 2022RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
15 Oct 2021RentedRenewal
AED 80,500/yr12 months · AED 58 per sqft
15 Oct 2020RentedNew contract
AED 70,000/yr12 months · AED 50 per sqft
1 Jun 2019RentedRenewal
AED 95,000/yr12 months · AED 68 per sqft
1 Jun 2018RentedRenewal
AED 110,000/yr12 months · AED 79 per sqft
1 Jun 2017RentedNew contract
AED 110,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
2-bed apartment
Size
1,396 sqft
Floor
1st of 41
Parking
B235
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 1.05M · December 2008
Building
Murjan 5

About 101, Murjan 5

101 is a two-bedroom apartment of 1,396 sqft on the 1st floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 25 December 2008 for AED 1,052,000, or AED 753 per sqft, 66% above the AED 454 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 5 November 2024, is AED 160,000 a year: a gross yield of 15.2% on the 2008 price, before the service charge of about AED 20,800 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical two-bed in Murjan 5
1M2M2007201220172022Typical sale price by year: 2007 AED 599,000; 2008 AED 635,000; 2010 AED 550,000; 2024 AED 1,875,000Sold by developer, December 2008: AED 1,052,000 (AED 753 per sqft)

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

Rents
Unit 101, each contractTypical two-bed in Murjan 5
100K150K2012201620202024Typical rent by year: 2012 AED 89,500; 2013 AED 115,000; 2014 AED 130,000; 2015 AED 130,000; 2016 AED 125,000; 2017 AED 114,000; 2018 AED 100,000; 2019 AED 90,000; 2020 AED 70,000; 2021 AED 75,000; 2022 AED 87,500; 2023 AED 98,000; 2024 AED 121,240; 2025 AED 126,500; 2026 AED 125,000New contract, November 2014: AED 178,571 a yearNew contract, May 2015: AED 130,000 a yearRenewal, May 2016: AED 130,000 a yearNew contract, June 2017: AED 110,000 a yearRenewal, June 2018: AED 110,000 a yearRenewal, June 2019: AED 95,000 a yearNew contract, October 2020: AED 70,000 a yearRenewal, October 2021: AED 80,500 a yearNew contract, October 2022: AED 120,000 a yearNew contract, November 2023: AED 150,000 a yearRenewal, November 2024: AED 160,000 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 Murjan 5, and where 101 sits

All 28 2-beds →

101 last sold in December 2008 at AED 753 per sqft, 66% above what two-beds in Murjan 5 were fetching at the time (AED 454). Over the last 12 months two-beds sold for AED 1,720,000 to 1,850,000, around AED 1,278 per sqft, and rent for AED 100,000 to 155,000 a year. 101's AED 160,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Sep 20261,720,000
27 Nov 20251,850,000
29 Sep 20252,400,000
23 May 20241,890,000
2 2-bed sales in the last 12 months

Murjan 5

Building

120 apartments, 2-bed to 4-bed over 41 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 7 sold in the last 12 months.

Typical price per sqft
AED 1,354
Typical sale
AED 2.55M
Typical rent
AED 168K /yr
Typical yield
6.6%
Murjan 5, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 1st floor

All 120 units in Murjan 5
Value
1022-bedAED 780K · Feb 2008
1033-bedAED 699K · Feb 2008
1043-bedAED 875K · Jun 2014

101, Murjan 5 in numbers

  • Sold once: by Dubai Properties on 25 December 2008 for AED 1,052,000, or AED 753 per sqft.
  • Rented since November 2014 on 11 Ejari contracts. The rent fell from AED 178,571 to AED 70,000 in 2020 and recovered to AED 160,000 by November 2024.
  • At AED 160,000 a year the gross yield on the 2008 price is 15.2%, before a service charge of about AED 20,800 a year (AED 14.89 per sqft).
  • Two-beds in Murjan 5 sold for AED 1,720,000–1,850,000 in the 12 months to November 2026; the building's median across all types is AED 1,354 per sqft.

Source: Dubai Land Department. Updated 5 November 2024.

Questions about 101, Murjan 5

What did unit 101 last sell for?

AED 1,052,000 on 25 December 2008, sold by the developer: AED 753 per sqft for 1,396 sqft. It is the only registered sale of the unit.

What is the rent for unit 101?

AED 160,000 a year on the contract renewed on 5 November 2024. The previous contract, from November 2023, was AED 150,000; the unit has been rented since November 2014.

How big is unit 101?

1,396 sqft (129.7 sqm): a two-bedroom apartment on the 1st floor of a 41-storey tower completed in 2007.

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Murjan 5 sold for AED 1,720,000 to 1,850,000 in the last 12 months, around AED 1,278 per sqft.

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Mortgage on 101, Murjan 5

Starts from the last sale price (AED 1.05M, 25 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,052,000
Deposit, UAE resident (20%)
AED 210,400
Deposit, non-resident (40%)
AED 420,800
Monthly over 25 years at 3.7%
AED 4,304

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →