4-bed · 2,898 sqftMurjan 5, Jumeirah Beach Residence · 38th floor · completed 2007

3802, Murjan 5

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3802 · DLD and Ejari recordsUpdated 1 January 2024
Last soldAED 4M21 June 2023
Current rentAED 186K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3802, Murjan 5

What is 3802 worth today?

Last sold for AED 4,000,000 in 2023

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1 Jan 2024RentedRenewal
AED 185,825/yr6 months · AED 64 per sqft
22 Jun 2023RentedNew contract
AED 161,273/yr6 months · AED 56 per sqft
21 Jun 2023SoldReady
AED 4,000,000AED 1,380 per sqft
1 Jan 2023RentedNew contract
AED 161,000/yr12 months · AED 56 per sqft
12 Dec 2020RentedNew contract
AED 135,000/yr12 months · AED 47 per sqft
1 Oct 2017RentedRenewal
AED 230,000/yr12 months · AED 79 per sqft
1 Oct 2016RentedNew contract
AED 230,000/yr12 months · AED 79 per sqft
1 Oct 2015RentedRenewal
AED 230,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 1 January 2024.

Key facts

Type
4-bed apartment
Size
2,898 sqft
Floor
38th of 41
Parking
G104-105
Developer
Dubai Properties
Completed
2007
Service charge
AED 43,200 /yr
Last sold
AED 4M · June 2023
Building
Murjan 5

About 3802, Murjan 5

3802 is a four-bedroom apartment of 2,898 sqft on the 38th floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 June 2023 for AED 4,000,000, or AED 1,380 per sqft, in line with the AED 1,380 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 185,825 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 43,200 a year.

Sales and rents for 3802 over time

Sales
Unit 3802, 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, April 2008: AED 949,000 (AED 327 per sqft)Sold, December 2010: AED 4,000,000 (AED 1,380 per sqft)Sold, June 2023: AED 4,000,000 (AED 1,380 per sqft)

3802 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3802, 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, October 2013: AED 230,000 a yearRenewal, October 2014: AED 230,000 a yearRenewal, October 2015: AED 230,000 a yearNew contract, October 2016: AED 230,000 a yearRenewal, October 2017: AED 230,000 a yearNew contract, December 2020: AED 135,000 a yearNew contract, January 2023: AED 161,000 a yearNew contract, June 2023: AED 161,273 a yearRenewal, January 2024: AED 185,825 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 3802 sits

All 34 4-beds →

3802 last sold in June 2023 at AED 1,380 per sqft, in line with what four-beds in Murjan 5 were fetching at the time (AED 1,380). 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. 3802's AED 185,825 is in the lower half 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 38th floor

All 120 units in Murjan 5
Value
38014-bedAED 3.25M · Jul 2016

3802, Murjan 5 in numbers

  • Sold 3 times: first on 15 April 2008 for AED 949,000, last on 21 June 2023 for AED 4,000,000 (AED 1,380 per sqft).
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 230,000 to AED 135,000 in 2020 and recovered to AED 185,825 by January 2024.
  • At AED 185,825 a year the gross yield on the 2023 price is 4.7%, 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 1 January 2024.

Questions about 3802, Murjan 5

What did unit 3802 last sell for?

AED 4,000,000 on 21 June 2023: AED 1,380 per sqft for 2,898 sqft. The unit has 3 registered sales; the first was AED 949,000 in April 2008.

What is the rent for unit 3802?

AED 185,825 a year on the contract renewed on 1 January 2024. The previous contract, from June 2023, was AED 161,273; the unit has been rented since October 2013.

How big is unit 3802?

2,898 sqft (269.2 sqm): a four-bedroom apartment on the 38th floor of a 41-storey tower completed in 2007.

What is unit 3802 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 3802, Murjan 5

Starts from the last sale price (AED 4M, 21 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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