2-bed · 1,396 sqftMurjan 5, Jumeirah Beach Residence · 14th floor · completed 2007

1402, Murjan 5

Sold prices and rental history: sold twice, last in November 2018, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 26 November 2018
Last soldAED 1.43M26 November 2018
Current rentAED 110K /yr14 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Murjan 5

What is 1402 worth today?

Last sold for AED 1,430,000 in 2018

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26 Nov 2018SoldReady
AED 1,430,000AED 1,024 per sqft
14 Feb 2018RentedRenewal
AED 110,000/yr6 months · AED 79 per sqft
14 Feb 2017RentedRenewal
AED 120,000/yr12 months · AED 86 per sqft
14 Feb 2016RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
9 Dec 2015Sold by developerReady
AED 599,000AED 428 per sqft

Source: Dubai Land Department. Updated 26 November 2018.

Key facts

Type
2-bed apartment
Size
1,396 sqft
Floor
14th of 41
Parking
M301
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 1.43M · November 2018
Building
Murjan 5

About 1402, Murjan 5

1402 is a two-bedroom apartment of 1,396 sqft on the 14th floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 26 November 2018 for AED 1,430,000, or AED 1,024 per sqft.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 14 February 2018, is AED 110,000 a year: a gross yield of 7.7% on the 2018 price, before the service charge of about AED 20,800 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, 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 2015: AED 599,000 (AED 428 per sqft)Sold, November 2018: AED 1,430,000 (AED 1,024 per sqft)

1402 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1402, each contractTypical two-bed in Murjan 5
100K2012201620202024Typical 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, February 2016: AED 120,000 a yearRenewal, February 2017: AED 120,000 a yearRenewal, February 2018: AED 110,000 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 1402 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. 1402's AED 110,000 is in the lower half 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 14th floor

All 120 units in Murjan 5
Value
14012-bedAED 1.59M · Jun 2023
14033-bedAED 2.43M · Jun 2017
14043-bedAED 2.4M · Jun 2013

1402, Murjan 5 in numbers

  • Sold twice: first on 9 December 2015 for AED 599,000, last on 26 November 2018 for AED 1,430,000 (AED 1,024 per sqft).
  • Rented since February 2016 on 3 Ejari contracts, from AED 120,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2018 price is 7.7%, 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 26 November 2018.

Questions about 1402, Murjan 5

What did unit 1402 last sell for?

AED 1,430,000 on 26 November 2018: AED 1,024 per sqft for 1,396 sqft. The unit has 2 registered sales; the first was AED 599,000 in December 2015.

What is the rent for unit 1402?

AED 110,000 a year on the contract renewed on 14 February 2018. The previous contract, from February 2017, was AED 120,000; the unit has been rented since February 2016.

How big is unit 1402?

1,396 sqft (129.7 sqm): a two-bedroom apartment on the 14th floor of a 41-storey tower completed in 2007.

What is unit 1402 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 1402, Murjan 5

Starts from the last sale price (AED 1.43M, 26 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,430,000
Deposit, UAE resident (20%)
AED 286,000
Deposit, non-resident (40%)
AED 572,000
Monthly over 25 years at 3.7%
AED 5,851

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