301, Murjan 5
Sold prices and rental history: sold 3 times, last in September 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 301, Murjan 5
What is 301 worth today?
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Source: Dubai Land Department. Updated 2 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,396 sqft
- Floor
- 3rd of 41
- Parking
- B237
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,800 /yr
- Last sold
- AED 1.85M · September 2016
- Building
- Murjan 5
About 301, Murjan 5
301 is a two-bedroom apartment of 1,396 sqft on the 3rd floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 September 2016 for AED 1,850,000, or AED 1,324 per sqft, 68% above the AED 787 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 2 February 2024, is AED 115,000 a year: a gross yield of 6.2% on the 2016 price, before the service charge of about AED 20,800 a year.
Sales and rents for 301 over time
301 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Murjan 5, and where 301 sits
All 28 2-beds →301 last sold in September 2016 at AED 1,324 per sqft, 68% above what two-beds in Murjan 5 were fetching at the time (AED 787). Over the last 12 months two-beds sold for AED 1,720,000 to 1,850,000, around AED 1,278 per sqft, and rent for AED 100,000 to 155,000 a year. 301's AED 115,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Sep 202616 September 2026 | 1,396 sqft | 1,720,000 | 1,231 | ||
| 27 Nov 202527 November 2025 | 1,396 sqft | 1,850,000 | 1,324 | ||
| 29 Sep 202529 September 2025 | 1,396 sqft | 2,400,000 | 1,718 | ||
| 23 May 202423 May 2024 | 1,396 sqft | 1,890,000 | 1,353 |
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 3rd floor
All 120 units in Murjan 5301, Murjan 5 in numbers
- Sold 3 times: first on 11 August 2008 for AED 635,000, last on 4 September 2016 for AED 1,850,000 (AED 1,324 per sqft).
- Rented since July 2013 on 9 Ejari contracts. The rent fell from AED 125,000 to AED 70,000 in 2020 and recovered to AED 115,000 by February 2024.
- At AED 115,000 a year the gross yield on the 2016 price is 6.2%, before a service charge of about AED 20,800 a year (AED 14.89 per sqft).
- Two-beds in Murjan 5 sold for AED 1,720,000–1,850,000 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 2 February 2024.
Questions about 301, Murjan 5
What did unit 301 last sell for?
AED 1,850,000 on 4 September 2016: AED 1,324 per sqft for 1,396 sqft. The unit has 3 registered sales; the first was AED 635,000 in August 2008.
What is the rent for unit 301?
AED 115,000 a year on the contract signed on 2 February 2024. The previous contract, from October 2022, was AED 93,500; the unit has been rented since July 2013.
How big is unit 301?
1,396 sqft (129.7 sqm): a two-bedroom apartment on the 3rd floor of a 41-storey tower completed in 2007.
What is unit 301 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Murjan 5 sold for AED 1,720,000 to 1,850,000 in the last 12 months, around AED 1,278 per sqft.
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Mortgage on 301, Murjan 5
Starts from the last sale price (AED 1.85M, 4 September 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →