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3-bed · 1,882 sqftMurjan 5, Jumeirah Beach Residence · 11th floor · completed 2007

1103, Murjan 5

Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 23 November 2020
Last soldAED 1.35M23 November 2020
Current rentAED 110K /yr22 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1103, Murjan 5

What is 1103 worth today?

Last sold for AED 1,350,000 in 2020

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23 Nov 2020SoldReady
AED 1,350,000AED 717 per sqft
22 Jan 2020RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
22 Jan 2019RentedRenewal
AED 135,000/yr12 months · AED 72 per sqft
22 Jan 2018RentedRenewal
AED 150,000/yr12 months · AED 80 per sqft
22 Jan 2017RentedRenewal
AED 173,250/yr12 months · AED 92 per sqft
22 Jan 2016RentedRenewal
AED 173,250/yr12 months · AED 92 per sqft
22 Jan 2015RentedNew contract
AED 165,000/yr12 months · AED 88 per sqft
2 Jan 2014RentedRenewal
AED 136,500/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 23 November 2020.

Key facts

Type
3-bed apartment
Size
1,882 sqft
Floor
11th of 41
Parking
B264-265
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,000 /yr
Last sold
AED 1.35M · November 2020
Building
Murjan 5

About 1103, Murjan 5

1103 is a three-bedroom apartment of 1,882 sqft on the 11th floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 23 November 2020 for AED 1,350,000, or AED 717 per sqft, in line with the AED 717 three-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 9 Ejari contracts. The current contract, renewed on 22 January 2020, is AED 110,000 a year: a gross yield of 8.2% on the 2020 price, before the service charge of about AED 28,000 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, each saleTypical three-bed in Murjan 5
2M20072012201720222027Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 1,795,500; 2010 AED 1,560,000; 2011 AED 1,625,000; 2012 AED 1,585,000; 2013 AED 699,000; 2014 AED 875,000; 2017 AED 2,330,000; 2019 AED 1,600,000; 2020 AED 1,315,000; 2021 AED 1,734,338; 2022 AED 2,000,000; 2023 AED 2,500,000; 2024 AED 2,525,000; 2025 AED 3,000,000; 2026 AED 2,640,059Sold by developer, April 2008: AED 699,000 (AED 371 per sqft)Sold, November 2020: AED 1,350,000 (AED 717 per sqft)

1103 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1103, each contractTypical three-bed in Murjan 5
100K150K20112015201920232027Typical rent by year: 2012 AED 130,000; 2013 AED 139,500; 2014 AED 155,000; 2015 AED 170,000; 2016 AED 166,596; 2017 AED 160,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 105,000; 2021 AED 95,000; 2022 AED 115,000; 2023 AED 145,000; 2024 AED 165,250; 2025 AED 170,000; 2026 AED 167,500New contract, May 2011: AED 100,000 a yearRenewal, May 2012: AED 100,000 a yearRenewal, January 2014: AED 136,500 a yearNew contract, January 2015: AED 165,000 a yearRenewal, January 2016: AED 173,250 a yearRenewal, January 2017: AED 173,250 a yearRenewal, January 2018: AED 150,000 a yearRenewal, January 2019: AED 135,000 a yearRenewal, January 2020: AED 110,000 a year

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

3-beds in Murjan 5, and where 1103 sits

All 60 3-beds →

1103 last sold in November 2020 at AED 717 per sqft, in line with what three-beds in Murjan 5 were fetching at the time (AED 717). Over the last 12 months three-beds sold for AED 2,525,000 to 2,775,000, around AED 1,402 per sqft, and rent for AED 125,000 to 300,000 a year. 1103's AED 110,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Aug 20262,775,000
6 Jun 20262,730,000
11 May 20262,525,000
19 Feb 20262,550,118
4 3-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 11th floor

All 120 units in Murjan 5
Value
11012-bedAED 599K · Apr 2008
11022-bedAED 599K · Nov 2007
11043-bedAED 1.56M · Apr 2011

1103, Murjan 5 in numbers

  • Sold twice: first on 6 April 2008 for AED 699,000, last on 23 November 2020 for AED 1,350,000 (AED 717 per sqft).
  • Rented since May 2011 on 9 Ejari contracts, from AED 100,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2020 price is 8.2%, before a service charge of about AED 28,000 a year (AED 14.89 per sqft).
  • Three-beds in Murjan 5 sold for AED 2,525,000–2,775,000 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 23 November 2020.

Questions about 1103, Murjan 5

What did unit 1103 last sell for?

AED 1,350,000 on 23 November 2020: AED 717 per sqft for 1,882 sqft. The unit has 2 registered sales; the first was AED 699,000 in April 2008.

What is the rent for unit 1103?

AED 110,000 a year on the contract renewed on 22 January 2020. The previous contract, from January 2019, was AED 135,000; the unit has been rented since May 2011.

How big is unit 1103?

1,882 sqft (174.8 sqm): a three-bedroom apartment on the 11th floor of a 41-storey tower completed in 2007.

What is unit 1103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Murjan 5 sold for AED 2,525,000 to 2,775,000 in the last 12 months, around AED 1,402 per sqft.

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Mortgage on 1103, Murjan 5

Starts from the last sale price (AED 1.35M, 23 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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