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

1204, Murjan 5

Sold prices and rental history: sold 3 times, last in November 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 9 November 2021
Last soldAED 1.95M9 November 2021
Current rentAED 226K /yr30 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Murjan 5

What is 1204 worth today?

Last sold for AED 1,950,000 in 2021

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9 Nov 2021SoldReady
AED 1,950,000AED 1,035 per sqft
30 Jul 2017RentedNew contract
AED 226,000/yr12 months · AED 120 per sqft
30 Jul 2017RentedRenewal
AED 185,000/yr12 months · AED 98 per sqft
30 Jul 2016RentedRenewal
AED 185,000/yr12 months · AED 98 per sqft
30 Jul 2015RentedRenewal
AED 185,000/yr12 months · AED 98 per sqft
30 Jul 2014RentedNew contract
AED 185,000/yr12 months · AED 98 per sqft
14 Jul 2013SoldReady
AED 2,500,000AED 1,328 per sqft
22 Apr 2008Sold by developerReady
AED 699,000AED 371 per sqft

Source: Dubai Land Department. Updated 9 November 2021.

Key facts

Type
3-bed apartment
Size
1,882 sqft
Floor
12th of 41
Parking
B266-267
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,000 /yr
Last sold
AED 1.95M · November 2021
Building
Murjan 5

About 1204, Murjan 5

1204 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. It last sold on 9 November 2021 for AED 1,950,000, or AED 1,035 per sqft, 21% above the AED 855 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 30 July 2017, is AED 226,000 a year: a gross yield of 11.6% on the 2021 price, before the service charge of about AED 28,000 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, 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, July 2013: AED 2,500,000 (AED 1,328 per sqft)Sold, November 2021: AED 1,950,000 (AED 1,035 per sqft)

1204 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1204, each contractTypical three-bed in Murjan 5
100K200K2012201620202024Typical 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 2014: AED 185,000 a yearRenewal, July 2015: AED 185,000 a yearRenewal, July 2016: AED 185,000 a yearNew contract, July 2017: AED 226,000 a yearRenewal, July 2017: AED 185,000 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 1204 sits

All 60 3-beds →

1204 last sold in November 2021 at AED 1,035 per sqft, 21% above what three-beds in Murjan 5 were fetching at the time (AED 855). 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. 1204's AED 226,000 is in the upper 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
12033-bedAED 699K · Dec 2008

1204, Murjan 5 in numbers

  • Sold 3 times: first on 22 April 2008 for AED 699,000, last on 9 November 2021 for AED 1,950,000 (AED 1,035 per sqft).
  • Rented since July 2014 on 5 Ejari contracts, from AED 185,000 to AED 226,000 a year.
  • At AED 226,000 a year the gross yield on the 2021 price is 11.6%, 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 9 November 2021.

Questions about 1204, Murjan 5

What did unit 1204 last sell for?

AED 1,950,000 on 9 November 2021: AED 1,035 per sqft for 1,882 sqft. The unit has 3 registered sales; the first was AED 699,000 in April 2008.

What is the rent for unit 1204?

AED 226,000 a year on the contract signed on 30 July 2017. The previous contract, from July 2017, was AED 185,000; the unit has been rented since July 2014.

How big is unit 1204?

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 1204 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 1204, Murjan 5

Starts from the last sale price (AED 1.95M, 9 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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