4-bed · 2,898 sqftMurjan 5, Jumeirah Beach Residence · 33rd floor · completed 2007

3302, Murjan 5

Sold prices and rental history: sold twice, last in August 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3302 · DLD and Ejari recordsUpdated 5 June 2022
Last soldAED 949K9 August 2011
Current rentAED 160K /yr5 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3302, Murjan 5

What is 3302 worth today?

Last sold for AED 949,000 in 2011

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5 Jun 2022RentedRenewal
AED 159,500/yr12 months · AED 55 per sqft
5 Jun 2021RentedNew contract
AED 145,000/yr12 months · AED 50 per sqft
27 Sep 2019RentedRenewal
AED 210,000/yr12 months · AED 73 per sqft
27 Sep 2018RentedRenewal
AED 234,000/yr12 months · AED 81 per sqft
27 Sep 2017RentedNew contract
AED 234,000/yr12 months · AED 81 per sqft
9 Aug 2011Sold by developerReady
AED 949,000AED 327 per sqft
9 Aug 2011SoldReady
AED 3,050,000AED 1,052 per sqft

Source: Dubai Land Department. Updated 5 June 2022.

Key facts

Type
4-bed apartment
Size
2,898 sqft
Floor
33rd of 41
Parking
M313-314
Developer
Dubai Properties
Completed
2007
Service charge
AED 43,200 /yr
Last sold
AED 949K · August 2011
Building
Murjan 5

About 3302, Murjan 5

3302 is a four-bedroom apartment of 2,898 sqft on the 33rd floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 9 August 2011 for AED 949,000, or AED 327 per sqft, 51% below the AED 668 four-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 5 June 2022, is AED 159,500 a year: a gross yield of 16.8% on the 2011 price, before the service charge of about AED 43,200 a year.

Sales and rents for 3302 over time

Sales
Unit 3302, 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, August 2011: AED 949,000 (AED 327 per sqft)Sold, August 2011: AED 3,050,000 (AED 1,052 per sqft)

3302 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3302, 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, September 2017: AED 234,000 a yearRenewal, September 2018: AED 234,000 a yearRenewal, September 2019: AED 210,000 a yearNew contract, June 2021: AED 145,000 a yearRenewal, June 2022: AED 159,500 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 3302 sits

All 34 4-beds →

3302 last sold in August 2011 at AED 327 per sqft, 51% below what four-beds in Murjan 5 were fetching at the time (AED 668). 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. 3302's AED 159,500 is at the bottom 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 33rd floor

All 120 units in Murjan 5
Value
33014-bedAED 949K · Aug 2011

3302, Murjan 5 in numbers

  • Sold twice: first on 9 August 2011 for AED 3,050,000, last on 9 August 2011 for AED 949,000 (AED 327 per sqft).
  • Rented since September 2017 on 5 Ejari contracts, from AED 234,000 to AED 159,500 a year.
  • At AED 159,500 a year the gross yield on the 2011 price is 16.8%, before a service charge of about AED 43,200 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 5 June 2022.

Questions about 3302, Murjan 5

What did unit 3302 last sell for?

AED 949,000 on 9 August 2011, sold by the developer: AED 327 per sqft for 2,898 sqft. The unit has 2 registered sales; the first was AED 3,050,000 in August 2011.

What is the rent for unit 3302?

AED 159,500 a year on the contract renewed on 5 June 2022. The previous contract, from June 2021, was AED 145,000; the unit has been rented since September 2017.

How big is unit 3302?

2,898 sqft (269.2 sqm): a four-bedroom apartment on the 33rd floor of a 41-storey tower completed in 2007.

What is unit 3302 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 3302, Murjan 5

Starts from the last sale price (AED 949K, 9 August 2011). Switch to today's estimate once you have unlocked it.
Price
AED 949,000
Deposit, UAE resident (20%)
AED 189,800
Deposit, non-resident (40%)
AED 379,600
Monthly over 25 years at 3.7%
AED 3,883

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