1703, Murjan 5
Sold prices and rental history: sold once, by the developer in October 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1703, Murjan 5
What is 1703 worth today?
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Source: Dubai Land Department. Updated 6 December 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 1,882 sqft
- Floor
- 17th of 41
- Parking
- B278-279
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,000 /yr
- Last sold
- AED 699K · October 2008
- Building
- Murjan 5
About 1703, Murjan 5
1703 is a three-bedroom apartment of 1,882 sqft on the 17th floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 14 October 2008 for AED 699,000, or AED 371 per sqft, in line with the AED 371 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 6 December 2021, is AED 74,000 a year: a gross yield of 10.6% on the 2008 price, before the service charge of about AED 28,000 a year.
Sales and rents for 1703 over time
1703 has sold once; 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 1703 sits
All 60 3-beds →1703 last sold in October 2008 at AED 371 per sqft, in line with what three-beds in Murjan 5 were fetching at the time (AED 371). 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. 1703's AED 74,000 is at the bottom 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 17th floor
All 120 units in Murjan 51703, Murjan 5 in numbers
- Sold once: by Dubai Properties on 14 October 2008 for AED 699,000, or AED 371 per sqft.
- Rented since December 2015 on 6 Ejari contracts. The rent fell from AED 160,000 to AED 60,000 in 2020 and recovered to AED 74,000 by December 2021.
- At AED 74,000 a year the gross yield on the 2008 price is 10.6%, 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 6 December 2021.
Questions about 1703, Murjan 5
What did unit 1703 last sell for?
AED 699,000 on 14 October 2008, sold by the developer: AED 371 per sqft for 1,882 sqft. It is the only registered sale of the unit.
What is the rent for unit 1703?
AED 74,000 a year on the contract signed on 6 December 2021. The previous contract, from December 2020, was AED 60,000; the unit has been rented since December 2015.
How big is unit 1703?
1,882 sqft (174.8 sqm): a three-bedroom apartment on the 17th floor of a 41-storey tower completed in 2007.
What is unit 1703 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 1703, Murjan 5
Starts from the last sale price (AED 699K, 14 October 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 699,000
- Deposit, UAE resident (20%)
- AED 139,800
- Deposit, non-resident (40%)
- AED 279,600
- Monthly over 25 years at 3.7%
- AED 2,860
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →