1501, Murjan 5
Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Murjan 5
What is 1501 worth today?
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Source: Dubai Land Department. Updated 15 January 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 2,912 sqft
- Floor
- 15th of 41
- Parking
- B414-415
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 43,400 /yr
- Last sold
- AED 3.4M · January 2024
- Building
- Murjan 5
About 1501, Murjan 5
1501 is a four-bedroom apartment of 2,912 sqft on the 15th floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 15 January 2024 for AED 3,400,000, or AED 1,167 per sqft, 15% below the AED 1,373 four-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 1 September 2023, is AED 220,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 43,400 a year.
Sales and rents for 1501 over time
1501 has sold twice; the dashed line is the four-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in Murjan 5, and where 1501 sits
All 34 4-beds →1501 last sold in January 2024 at AED 1,167 per sqft, 15% below what four-beds in Murjan 5 were fetching at the time (AED 1,373). Over the last 12 months four-beds sold for AED 9,800,000, around AED 1,716 per sqft, and rent for AED 160,000 to 520,000 a year. 1501's AED 220,000 is in the lower half of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20263 September 2026 | 5,710 sqft | 9,800,000 | 1,716 | ||
| 21 Jan 202521 January 2025 | 2,912 sqft | 4,500,000 | 1,545 | ||
| 19 Sep 202419 September 2024 | 2,912 sqft | 3,800,000 | 1,305 | ||
| 23 Aug 202423 August 2024 | 2,912 sqft | 5,200,000 | 1,785 |
Murjan 5
Building120 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%
Other units on the 15th floor
All 120 units in Murjan 51501, Murjan 5 in numbers
- Sold twice: first on 3 October 2013 for AED 949,000, last on 15 January 2024 for AED 3,400,000 (AED 1,167 per sqft).
- Rented since October 2012 on 10 Ejari contracts. The rent fell from AED 190,000 to AED 125,000 in 2021 and recovered to AED 220,000 by September 2023.
- At AED 220,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 43,400 a year (AED 14.89 per sqft).
- Four-beds in Murjan 5 sold for AED 9,800,000–9,800,000 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 15 January 2024.
Questions about 1501, Murjan 5
What did unit 1501 last sell for?
AED 3,400,000 on 15 January 2024: AED 1,167 per sqft for 2,912 sqft. The unit has 2 registered sales; the first was AED 949,000 in October 2013.
What is the rent for unit 1501?
AED 220,000 a year on the contract signed on 1 September 2023. The previous contract, from June 2023, was AED 140,000; the unit has been rented since October 2012.
How big is unit 1501?
2,912 sqft (270.5 sqm): a four-bedroom apartment on the 15th floor of a 41-storey tower completed in 2007.
What is unit 1501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Murjan 5 sold for AED 9,800,000 to 9,800,000 in the last 12 months, around AED 1,716 per sqft.
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Mortgage on 1501, Murjan 5
Starts from the last sale price (AED 3.4M, 15 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,400,000
- Deposit, UAE resident (20%)
- AED 680,000
- Deposit, non-resident (40%)
- AED 1,360,000
- Monthly over 25 years at 3.7%
- AED 13,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →