1502, Murjan 5
Sold prices and rental history: sold 3 times, last in August 2023, 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 1502, Murjan 5
What is 1502 worth today?
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Source: Dubai Land Department. Updated 31 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,882 sqft
- Floor
- 15th of 41
- Parking
- B240-271
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,000 /yr
- Last sold
- AED 2.55M · August 2023
- Building
- Murjan 5
About 1502, Murjan 5
1502 is a three-bedroom apartment of 1,882 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 23 August 2023 for AED 2,550,000, or AED 1,354 per sqft, 12% above the AED 1,208 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 31 July 2024, is AED 160,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 28,000 a year.
Sales and rents for 1502 over time
1502 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 1502 sits
All 60 3-beds →1502 last sold in August 2023 at AED 1,354 per sqft, 12% above what three-beds in Murjan 5 were fetching at the time (AED 1,208). 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. 1502's AED 160,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 1,882 sqft | 2,775,000 | 1,474 | ||
| 6 Jun 20266 June 2026 | 1,882 sqft | 2,730,000 | 1,450 | ||
| 11 May 202611 May 2026 | 1,882 sqft | 2,525,000 | 1,341 | ||
| 19 Feb 202619 February 2026 | 1,882 sqft | 2,550,118 | 1,354 |
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 51502, Murjan 5 in numbers
- Sold 3 times: first on 5 December 2007 for AED 699,000, last on 23 August 2023 for AED 2,550,000 (AED 1,354 per sqft).
- Rented since October 2012 on 11 Ejari contracts, from AED 131,250 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2023 price is 6.3%, 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 31 July 2024.
Questions about 1502, Murjan 5
What did unit 1502 last sell for?
AED 2,550,000 on 23 August 2023: AED 1,354 per sqft for 1,882 sqft. The unit has 3 registered sales; the first was AED 699,000 in December 2007.
What is the rent for unit 1502?
AED 160,000 a year on the contract signed on 31 July 2024. The previous contract, from August 2023, was AED 159,615; the unit has been rented since October 2012.
How big is unit 1502?
1,882 sqft (174.8 sqm): a three-bedroom apartment on the 15th floor of a 41-storey tower completed in 2007.
What is unit 1502 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 1502, Murjan 5
Starts from the last sale price (AED 2.55M, 23 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,550,000
- Deposit, UAE resident (20%)
- AED 510,000
- Deposit, non-resident (40%)
- AED 1,020,000
- Monthly over 25 years at 3.7%
- AED 10,433
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →