3-bed · 1,882 sqftMurjan 5, Jumeirah Beach Residence · 15th floor · completed 2007

1503, Murjan 5

Sold prices and rental history: sold 4 times, last in June 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 15 June 2025
Last soldAED 2.5M7 June 2015
Current rentAED 180K /yr15 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Murjan 5

What is 1503 worth today?

Last sold for AED 2,500,000 in 2015

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15 Jun 2025RentedRenewal
AED 180,000/yr12 months · AED 96 per sqft
15 Jun 2025RentedRenewal
AED 180,000/yr12 months · AED 96 per sqft
15 Jun 2024RentedNew contract
AED 180,000/yr12 months · AED 96 per sqft
20 Sep 2020RentedNew contract
AED 90,000/yr12 months · AED 48 per sqft
30 Aug 2019RentedNew contract
AED 110,000/yr12 months · AED 58 per sqft
13 Apr 2017RentedNew contract
AED 155,000/yr12 months · AED 82 per sqft
28 Sep 2015RentedNew contract
AED 178,500/yr12 months · AED 95 per sqft
7 Jun 2015SoldReady
AED 2,500,000AED 1,328 per sqft

Source: Dubai Land Department. Updated 15 June 2025.

Key facts

Type
3-bed apartment
Size
1,882 sqft
Floor
15th of 41
Parking
B258-259
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,000 /yr
Last sold
AED 2.5M · June 2015
Building
Murjan 5

About 1503, Murjan 5

1503 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 7 June 2015 for AED 2,500,000, or AED 1,328 per sqft, 48% above the AED 896 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 June 2025, is AED 180,000 a year: a gross yield of 7.2% on the 2015 price, before the service charge of about AED 28,000 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, 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, September 2007: AED 699,000 (AED 371 per sqft)Sold, November 2007: AED 2,050,000 (AED 1,089 per sqft)Sold, January 2011: AED 1,625,000 (AED 863 per sqft)Sold, June 2015: AED 2,500,000 (AED 1,328 per sqft)

1503 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1503, 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, October 2013: AED 160,000 a yearNew contract, September 2014: AED 170,000 a yearNew contract, September 2015: AED 178,500 a yearNew contract, April 2017: AED 155,000 a yearNew contract, August 2019: AED 110,000 a yearNew contract, September 2020: AED 90,000 a yearNew contract, June 2024: AED 180,000 a yearRenewal, June 2025: AED 180,000 a yearRenewal, June 2025: AED 180,000 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 1503 sits

All 60 3-beds →

1503 last sold in June 2015 at AED 1,328 per sqft, 48% above what three-beds in Murjan 5 were fetching at the time (AED 896). 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. 1503's AED 180,000 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 15th floor

All 120 units in Murjan 5
Value
15014-bedAED 3.4M · Jan 2024
15023-bedAED 2.55M · Aug 2023

1503, Murjan 5 in numbers

  • Sold 4 times: first on 27 September 2007 for AED 699,000, last on 7 June 2015 for AED 2,500,000 (AED 1,328 per sqft).
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 160,000 to AED 90,000 in 2020 and recovered to AED 180,000 by June 2025.
  • At AED 180,000 a year the gross yield on the 2015 price is 7.2%, 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 15 June 2025.

Questions about 1503, Murjan 5

What did unit 1503 last sell for?

AED 2,500,000 on 7 June 2015: AED 1,328 per sqft for 1,882 sqft. The unit has 4 registered sales; the first was AED 699,000 in September 2007.

What is the rent for unit 1503?

AED 180,000 a year on the contract renewed on 15 June 2025. The previous contract, from June 2025, was AED 180,000; the unit has been rented since October 2013.

How big is unit 1503?

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 1503 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 1503, Murjan 5

Starts from the last sale price (AED 2.5M, 7 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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