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4-bed · 2,898 sqftMurjan 5, Jumeirah Beach Residence · 34th floor · completed 2007

3402, Murjan 5

Sold prices and rental history: sold 4 times, last in November 2012, and rented once, from July 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3402 · DLD and Ejari recordsUpdated 2 July 2013
Last soldAED 3.85M21 November 2012
Current rentAED 150K /yr2 July 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3402, Murjan 5

What is 3402 worth today?

Last sold for AED 3,850,000 in 2012

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2 Jul 2013RentedNew contract
AED 150,000/yr12 months · AED 52 per sqft
21 Nov 2012SoldReady
AED 3,850,000AED 1,328 per sqft
11 Jun 2012SoldReady
AED 3,200,000AED 1,104 per sqft
25 Oct 2007SoldReady
AED 3,700,000AED 1,276 per sqft
16 Oct 2007Sold by developerReady
AED 949,000AED 327 per sqft

Source: Dubai Land Department. Updated 2 July 2013.

Key facts

Type
4-bed apartment
Size
2,898 sqft
Floor
34th of 41
Parking
M309-312
Developer
Dubai Properties
Completed
2007
Service charge
AED 43,200 /yr
Last sold
AED 3.85M · November 2012
Building
Murjan 5

About 3402, Murjan 5

3402 is a four-bedroom apartment of 2,898 sqft on the 34th floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 November 2012 for AED 3,850,000, or AED 1,328 per sqft, 41% above the AED 944 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 July 2013. The current contract, signed on 2 July 2013, is AED 150,000 a year: a gross yield of 3.9% on the 2012 price, before the service charge of about AED 43,200 a year.

Sales and rents for 3402 over time

Sales
Unit 3402, 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, October 2007: AED 3,700,000 (AED 1,276 per sqft)Sold by developer, October 2007: AED 949,000 (AED 327 per sqft)Sold, June 2012: AED 3,200,000 (AED 1,104 per sqft)Sold, November 2012: AED 3,850,000 (AED 1,328 per sqft)

3402 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3402, 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, July 2013: AED 150,000 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 3402 sits

All 34 4-beds →

3402 last sold in November 2012 at AED 1,328 per sqft, 41% above what four-beds in Murjan 5 were fetching at the time (AED 944). 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. 3402's AED 150,000 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 34th floor

All 120 units in Murjan 5
Value
34014-bedAED 949K · Oct 2013

3402, Murjan 5 in numbers

  • Sold 4 times: first on 16 October 2007 for AED 949,000, last on 21 November 2012 for AED 3,850,000 (AED 1,328 per sqft).
  • Rented since July 2013 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2012 price is 3.9%, 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 2 July 2013.

Questions about 3402, Murjan 5

What did unit 3402 last sell for?

AED 3,850,000 on 21 November 2012: AED 1,328 per sqft for 2,898 sqft. The unit has 4 registered sales; the first was AED 949,000 in October 2007.

What is the rent for unit 3402?

AED 150,000 a year on the contract signed on 2 July 2013.

How big is unit 3402?

2,898 sqft (269.2 sqm): a four-bedroom apartment on the 34th floor of a 41-storey tower completed in 2007.

What is unit 3402 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 3402, Murjan 5

Starts from the last sale price (AED 3.85M, 21 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,850,000
Deposit, UAE resident (20%)
AED 770,000
Deposit, non-resident (40%)
AED 1,540,000
Monthly over 25 years at 3.7%
AED 15,752

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