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

2003, Murjan 5

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 7 February 2023
Last soldAED 1.95M16 September 2022
Current rentAED 145K /yr7 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2003, Murjan 5

What is 2003 worth today?

Last sold for AED 1,950,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Feb 2023RentedNew contract
AED 145,000/yr12 months · AED 77 per sqft
16 Sep 2022SoldReady
AED 1,950,000AED 1,035 per sqft
7 Feb 2022RentedRenewal
AED 135,000/yr12 months · AED 72 per sqft
7 Feb 2021RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
7 Feb 2020RentedRenewal
AED 140,000/yr12 months · AED 74 per sqft
7 Feb 2019RentedRenewal
AED 140,000/yr12 months · AED 74 per sqft
7 Feb 2018RentedRenewal
AED 165,000/yr12 months · AED 88 per sqft
7 Feb 2017RentedNew contract
AED 160,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 7 February 2023.

Key facts

Type
3-bed apartment
Size
1,882 sqft
Floor
20th of 41
Parking
nan
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,000 /yr
Last sold
AED 1.95M · September 2022
Building
Murjan 5

About 2003, Murjan 5

2003 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 16 September 2022 for AED 1,950,000, or AED 1,035 per sqft, in line with the AED 1,062 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 7 February 2023, is AED 145,000 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 28,000 a year.

Sales and rents for 2003 over time

Sales
Unit 2003, 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, September 2022: AED 1,950,000 (AED 1,035 per sqft)

2003 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2003, 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, July 2014: AED 146,000 a yearRenewal, July 2016: AED 158,000 a yearNew contract, February 2017: AED 160,000 a yearRenewal, February 2018: AED 165,000 a yearRenewal, February 2019: AED 140,000 a yearRenewal, February 2020: AED 140,000 a yearRenewal, February 2021: AED 110,000 a yearRenewal, February 2022: AED 135,000 a yearNew contract, February 2023: AED 145,000 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 2003 sits

All 60 3-beds →

2003 last sold in September 2022 at AED 1,035 per sqft, in line with what three-beds in Murjan 5 were fetching at the time (AED 1,062). 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. 2003's AED 145,000 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
20023-bedAED 1.43M · Dec 2019

2003, Murjan 5 in numbers

  • Sold twice: first on 28 August 2008 for AED 699,000, last on 16 September 2022 for AED 1,950,000 (AED 1,035 per sqft).
  • Rented since July 2014 on 9 Ejari contracts. The rent fell from AED 146,000 to AED 110,000 in 2021 and recovered to AED 145,000 by February 2023.
  • At AED 145,000 a year the gross yield on the 2022 price is 7.4%, 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 7 February 2023.

Questions about 2003, Murjan 5

What did unit 2003 last sell for?

AED 1,950,000 on 16 September 2022: AED 1,035 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 2003?

AED 145,000 a year on the contract signed on 7 February 2023. The previous contract, from February 2022, was AED 135,000; the unit has been rented since July 2014.

How big is unit 2003?

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 2003 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.

Selling 2003? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2003, Murjan 5

Starts from the last sale price (AED 1.95M, 16 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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