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4-bed · 2,912 sqftMurjan 5, Jumeirah Beach Residence · 16th floor · completed 2007

1601, Murjan 5

Sold prices and rental history: sold 3 times, last in March 2020, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 12 April 2022
Last soldAED 1.5M29 March 2020
Current rentAED 200K /yr12 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1601, Murjan 5

What is 1601 worth today?

Last sold for AED 1,500,000 in 2020

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12 Apr 2022RentedNew contract
AED 200,000/yr12 months · AED 69 per sqft
29 Mar 2020SoldReady
AED 1,500,000AED 515 per sqft
15 Oct 2018RentedNew contract
AED 180,000/yr12 months · AED 62 per sqft
23 Apr 2018SoldReady
AED 2,600,000AED 892 per sqft
25 Dec 2007Sold by developerReady
AED 949,000AED 325 per sqft

Source: Dubai Land Department. Updated 12 April 2022.

Key facts

Type
4-bed apartment
Size
2,912 sqft
Floor
16th of 41
Parking
B406-407
Developer
Dubai Properties
Completed
2007
Service charge
AED 43,400 /yr
Last sold
AED 1.5M · March 2020
Building
Murjan 5

About 1601, Murjan 5

1601 is a four-bedroom apartment of 2,912 sqft on the 16th floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 29 March 2020 for AED 1,500,000, or AED 515 per sqft, 40% below the AED 858 four-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 12 April 2022, is AED 200,000 a year: a gross yield of 13.3% on the 2020 price, before the service charge of about AED 43,400 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical four-bed in Murjan 5
2M4M2007201220172022Typical sale price by year: 2007 AED 949,000; 2008 AED 949,000; 2011 AED 1,300,000; 2012 AED 2,700,000; 2013 AED 949,000; 2015 AED 5,157,718; 2018 AED 2,975,000; 2019 AED 2,500,000; 2020 AED 1,750,000; 2021 AED 1,474,500; 2023 AED 4,000,000; 2024 AED 3,600,000Sold by developer, December 2007: AED 949,000 (AED 325 per sqft)Sold, April 2018: AED 2,600,000 (AED 892 per sqft)Sold, March 2020: AED 1,500,000 (AED 515 per sqft)

1601 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1601, each contractTypical four-bed in Murjan 5
200K300K2013201720212025Typical rent by year: 2013 AED 200,000; 2014 AED 217,750; 2015 AED 227,500; 2016 AED 220,000; 2017 AED 230,000; 2018 AED 220,500; 2019 AED 175,000; 2020 AED 137,500; 2021 AED 147,500; 2022 AED 175,000; 2023 AED 190,000; 2024 AED 255,000; 2025 AED 280,000; 2026 AED 242,500New contract, October 2018: AED 180,000 a yearNew contract, April 2022: AED 200,000 a year

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 1601 sits

All 34 4-beds →

1601 last sold in March 2020 at AED 515 per sqft, 40% below what four-beds in Murjan 5 were fetching at the time (AED 858). 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. 1601's AED 200,000 is in the lower half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
3 Sep 20269,800,000
21 Jan 20254,500,000
19 Sep 20243,800,000
23 Aug 20245,200,000
1 4-bed sale 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 16th floor

All 120 units in Murjan 5
Value
16023-bedAED 2.73M · Jun 2026
16033-bedAED 2.9M · Nov 2024

1601, Murjan 5 in numbers

  • Sold 3 times: first on 25 December 2007 for AED 949,000, last on 29 March 2020 for AED 1,500,000 (AED 515 per sqft).
  • Rented since October 2018 on 2 Ejari contracts, from AED 180,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2020 price is 13.3%, 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 12 April 2022.

Questions about 1601, Murjan 5

What did unit 1601 last sell for?

AED 1,500,000 on 29 March 2020: AED 515 per sqft for 2,912 sqft. The unit has 3 registered sales; the first was AED 949,000 in December 2007.

What is the rent for unit 1601?

AED 200,000 a year on the contract signed on 12 April 2022. The previous contract, from October 2018, was AED 180,000.

How big is unit 1601?

2,912 sqft (270.5 sqm): a four-bedroom apartment on the 16th floor of a 41-storey tower completed in 2007.

What is unit 1601 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 1601, Murjan 5

Starts from the last sale price (AED 1.5M, 29 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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