2-bed · 1,396 sqftMurjan 5, Jumeirah Beach Residence · 12th floor · completed 2007

1202, Murjan 5

Sold prices and rental history: sold twice, last in May 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 27 July 2023
Last soldAED 1.27M2 May 2010
Current rentAED 96K /yr27 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Murjan 5

What is 1202 worth today?

Last sold for AED 1,274,000 in 2010

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27 Jul 2023RentedRenewal
AED 96,000/yr12 months · AED 69 per sqft
27 Jul 2022RentedNew contract
AED 84,000/yr12 months · AED 60 per sqft
26 Jul 2021RentedNew contract
AED 84,000/yr12 months · AED 60 per sqft
26 Jul 2020RentedRenewal
AED 60,000/yr12 months · AED 43 per sqft
26 Jul 2019RentedRenewal
AED 90,000/yr12 months · AED 64 per sqft
26 Jul 2018RentedNew contract
AED 90,000/yr12 months · AED 64 per sqft
27 Sep 2017RentedNew contract
AED 120,000/yr10 months · AED 86 per sqft
15 Jun 2016RentedRenewal
AED 125,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 27 July 2023.

Key facts

Type
2-bed apartment
Size
1,396 sqft
Floor
12th of 41
Parking
B403
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 1.27M · May 2010
Building
Murjan 5

About 1202, Murjan 5

1202 is a two-bedroom apartment of 1,396 sqft on the 12th floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 2 May 2010 for AED 1,274,000, or AED 912 per sqft.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 27 July 2023, is AED 96,000 a year: a gross yield of 7.5% on the 2010 price, before the service charge of about AED 20,800 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, 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, November 2007: AED 599,000 (AED 428 per sqft)Sold, May 2010: AED 1,274,000 (AED 912 per sqft)

1202 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1202, each contractTypical two-bed in Murjan 5
50K100K2012201620202024Typical 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, June 2013: AED 105,000 a yearNew contract, June 2015: AED 130,000 a yearRenewal, June 2016: AED 125,000 a yearNew contract, September 2017: AED 120,000 a yearNew contract, July 2018: AED 90,000 a yearRenewal, July 2019: AED 90,000 a yearRenewal, July 2020: AED 60,000 a yearNew contract, July 2021: AED 84,000 a yearNew contract, July 2022: AED 84,000 a yearRenewal, July 2023: AED 96,000 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 1202 sits

All 28 2-beds →

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. 1202's AED 96,000 is at the bottom 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 12th floor

All 120 units in Murjan 5
Value
12012-bedAED 1.25M · Apr 2009
12033-bedAED 699K · Dec 2008
12043-bedAED 1.95M · Nov 2021

1202, Murjan 5 in numbers

  • Sold twice: first on 11 November 2007 for AED 599,000, last on 2 May 2010 for AED 1,274,000 (AED 912 per sqft).
  • Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2020 and recovered to AED 96,000 by July 2023.
  • At AED 96,000 a year the gross yield on the 2010 price is 7.5%, 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 27 July 2023.

Questions about 1202, Murjan 5

What did unit 1202 last sell for?

AED 1,274,000 on 2 May 2010: AED 912 per sqft for 1,396 sqft. The unit has 2 registered sales; the first was AED 599,000 in November 2007.

What is the rent for unit 1202?

AED 96,000 a year on the contract renewed on 27 July 2023. The previous contract, from July 2022, was AED 84,000; the unit has been rented since June 2013.

How big is unit 1202?

1,396 sqft (129.7 sqm): a two-bedroom apartment on the 12th floor of a 41-storey tower completed in 2007.

What is unit 1202 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 1202, Murjan 5

Starts from the last sale price (AED 1.27M, 2 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,274,000
Deposit, UAE resident (20%)
AED 254,800
Deposit, non-resident (40%)
AED 509,600
Monthly over 25 years at 3.7%
AED 5,212

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