3-bed · 1,882 sqftMurjan 5, Jumeirah Beach Residence · 20th floor · completed 2007

2002, Murjan 5

Sold prices and rental history: sold twice, last in December 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 18 December 2019
Last soldAED 1.43M18 December 2019
Current rentAED 135K /yr1 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2002, Murjan 5

What is 2002 worth today?

Last sold for AED 1,425,000 in 2019

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18 Dec 2019SoldReady
AED 1,425,000AED 757 per sqft
1 Jul 2019RentedRenewal
AED 135,000/yr12 months · AED 72 per sqft
1 Jul 2018RentedRenewal
AED 140,000/yr12 months · AED 74 per sqft
1 Jul 2017RentedNew contract
AED 145,000/yr12 months · AED 77 per sqft
6 Feb 2016RentedNew contract
AED 162,000/yr12 months · AED 86 per sqft
1 Nov 2014RentedNew contract
AED 155,000/yr12 months · AED 82 per sqft
1 Nov 2013RentedNew contract
AED 135,000/yr12 months · AED 72 per sqft
1 Nov 2012RentedNew contract
AED 135,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 18 December 2019.

Key facts

Type
3-bed apartment
Size
1,882 sqft
Floor
20th of 41
Parking
B379-380
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,000 /yr
Last sold
AED 1.43M · December 2019
Building
Murjan 5

About 2002, Murjan 5

2002 is a three-bedroom apartment of 1,882 sqft on the 20th floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 18 December 2019 for AED 1,425,000, or AED 757 per sqft, 11% below the AED 850 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 1 July 2019, is AED 135,000 a year: a gross yield of 9.5% on the 2019 price, before the service charge of about AED 28,000 a year.

Sales and rents for 2002 over time

Sales
Unit 2002, 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, August 2008: AED 699,000 (AED 371 per sqft)Sold, December 2019: AED 1,425,000 (AED 757 per sqft)

2002 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2002, 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, November 2012: AED 135,000 a yearNew contract, November 2013: AED 135,000 a yearNew contract, November 2014: AED 155,000 a yearNew contract, February 2016: AED 162,000 a yearNew contract, July 2017: AED 145,000 a yearRenewal, July 2018: AED 140,000 a yearRenewal, July 2019: AED 135,000 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 2002 sits

All 60 3-beds →

2002 last sold in December 2019 at AED 757 per sqft, 11% below what three-beds in Murjan 5 were fetching at the time (AED 850). 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. 2002's AED 135,000 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 20th floor

All 120 units in Murjan 5
Value
20014-bedAED 949K · Dec 2008
20033-bedAED 1.95M · Sep 2022

2002, Murjan 5 in numbers

  • Sold twice: first on 27 August 2008 for AED 699,000, last on 18 December 2019 for AED 1,425,000 (AED 757 per sqft).
  • Rented since November 2012 on 7 Ejari contracts, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2019 price is 9.5%, 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 18 December 2019.

Questions about 2002, Murjan 5

What did unit 2002 last sell for?

AED 1,425,000 on 18 December 2019: AED 757 per sqft for 1,882 sqft. The unit has 2 registered sales; the first was AED 699,000 in August 2008.

What is the rent for unit 2002?

AED 135,000 a year on the contract renewed on 1 July 2019. The previous contract, from July 2018, was AED 140,000; the unit has been rented since November 2012.

How big is unit 2002?

1,882 sqft (174.8 sqm): a three-bedroom apartment on the 20th floor of a 41-storey tower completed in 2007.

What is unit 2002 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 2002, Murjan 5

Starts from the last sale price (AED 1.43M, 18 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,000
Deposit, UAE resident (20%)
AED 285,000
Deposit, non-resident (40%)
AED 570,000
Monthly over 25 years at 3.7%
AED 5,830

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