3-bed · 1,882 sqftMurjan 5, Jumeirah Beach Residence · 12th floor · completed 2007

1203, Murjan 5

Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 3 June 2026
Last soldAED 699K30 December 2008
Current rentAED 143K /yr3 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Murjan 5

What is 1203 worth today?

Last sold for AED 699,000 in 2008

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3 Jun 2026RentedNew contract
AED 142,500/yr12 months · AED 76 per sqft
16 Oct 2024RentedNew contract
AED 163,000/yr12 months · AED 87 per sqft
10 Dec 2023RentedNew contract
AED 165,000/yr12 months · AED 88 per sqft
10 Oct 2022RentedNew contract
AED 140,000/yr12 months · AED 74 per sqft
1 Jul 2019RentedRenewal
AED 120,000/yr12 months · AED 64 per sqft
1 Jul 2018RentedRenewal
AED 130,000/yr12 months · AED 69 per sqft
1 Jan 2018RentedRenewal
AED 145,000/yr6 months · AED 77 per sqft
1 Jul 2017RentedNew contract
AED 145,000/yr6 months · AED 77 per sqft

Source: Dubai Land Department. Updated 3 June 2026.

Key facts

Type
3-bed apartment
Size
1,882 sqft
Floor
12th of 41
Parking
B262-263
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,000 /yr
Last sold
AED 699K · December 2008
Building
Murjan 5

About 1203, Murjan 5

1203 is a three-bedroom apartment of 1,882 sqft on the 12th floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 30 December 2008 for AED 699,000, or AED 371 per sqft, in line with the AED 371 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 3 June 2026, is AED 142,500 a year: a gross yield of 20.4% on the 2008 price, before the service charge of about AED 28,000 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, 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, December 2008: AED 699,000 (AED 371 per sqft)

1203 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1203, each contractTypical three-bed in Murjan 5
100K150K2012201620202024Typical 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, July 2015: AED 160,000 a yearRenewal, July 2016: AED 150,000 a yearNew contract, July 2017: AED 145,000 a yearRenewal, July 2017: AED 150,000 a yearRenewal, January 2018: AED 145,000 a yearRenewal, July 2018: AED 130,000 a yearRenewal, July 2019: AED 120,000 a yearNew contract, October 2022: AED 140,000 a yearNew contract, December 2023: AED 165,000 a yearNew contract, October 2024: AED 163,000 a yearNew contract, June 2026: AED 142,500 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 1203 sits

All 60 3-beds →

1203 last sold in December 2008 at AED 371 per sqft, in line with what three-beds in Murjan 5 were fetching at the time (AED 371). 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. 1203's AED 142,500 is in the lower half 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 12th floor

All 120 units in Murjan 5
Value
12012-bedAED 1.25M · Apr 2009
12022-bedAED 1.27M · May 2010
12043-bedAED 1.95M · Nov 2021

1203, Murjan 5 in numbers

  • Sold once: by Dubai Properties on 30 December 2008 for AED 699,000, or AED 371 per sqft.
  • Rented since July 2015 on 11 Ejari contracts. The rent fell from AED 160,000 to AED 120,000 in 2019 and recovered to AED 142,500 by June 2026.
  • At AED 142,500 a year the gross yield on the 2008 price is 20.4%, 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 3 June 2026.

Questions about 1203, Murjan 5

What did unit 1203 last sell for?

AED 699,000 on 30 December 2008, sold by the developer: AED 371 per sqft for 1,882 sqft. It is the only registered sale of the unit.

What is the rent for unit 1203?

AED 142,500 a year on the contract signed on 3 June 2026. The previous contract, from October 2024, was AED 163,000; the unit has been rented since July 2015.

How big is unit 1203?

1,882 sqft (174.8 sqm): a three-bedroom apartment on the 12th floor of a 41-storey tower completed in 2007.

What is unit 1203 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 1203, Murjan 5

Starts from the last sale price (AED 699K, 30 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

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