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3-bed · 1,882 sqftMurjan 5, Jumeirah Beach Residence · 4th floor · completed 2007

403, Murjan 5

Sold prices and rental history: sold once, by the developer in July 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 699K31 July 2012
Current rentAED 154K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 403, Murjan 5

What is 403 worth today?

Last sold for AED 699,000 in 2012

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1 Sep 2024RentedNew contract
AED 153,573/yr12 months · AED 82 per sqft
1 Sep 2023RentedNew contract
AED 150,000/yr12 months · AED 80 per sqft
1 Jun 2022RentedRenewal
AED 95,000/yr12 months · AED 50 per sqft
1 Jun 2021RentedNew contract
AED 95,000/yr12 months · AED 50 per sqft
20 Jan 2019RentedNew contract
AED 120,000/yr12 months · AED 64 per sqft
1 Nov 2017RentedNew contract
AED 157,500/yr12 months · AED 84 per sqft
23 Oct 2016RentedNew contract
AED 150,000/yr12 months · AED 80 per sqft
20 Apr 2014RentedNew contract
AED 155,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
3-bed apartment
Size
1,882 sqft
Floor
4th of 41
Parking
G011-112
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,000 /yr
Last sold
AED 699K · July 2012
Building
Murjan 5

About 403, Murjan 5

403 is a three-bedroom apartment of 1,882 sqft on the 4th floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 31 July 2012 for AED 699,000, or AED 371 per sqft, 58% below the AED 873 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 1 September 2024, is AED 153,573 a year: a gross yield of 22.0% on the 2012 price, before the service charge of about AED 28,000 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, July 2012: AED 699,000 (AED 371 per sqft)

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

Rents
Unit 403, 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, April 2014: AED 155,000 a yearNew contract, October 2016: AED 150,000 a yearNew contract, November 2017: AED 157,500 a yearNew contract, January 2019: AED 120,000 a yearNew contract, June 2021: AED 95,000 a yearRenewal, June 2022: AED 95,000 a yearNew contract, September 2023: AED 150,000 a yearNew contract, September 2024: AED 153,573 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 403 sits

All 60 3-beds →

403 last sold in July 2012 at AED 371 per sqft, 58% below what three-beds in Murjan 5 were fetching at the time (AED 873). 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. 403's AED 153,573 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 4th floor

All 120 units in Murjan 5
Value
4012-bedAED 2.4M · Sep 2025
4022-bedAED 1.7M · Jul 2023
4043-bedAED 2.75M · Mar 2024

403, Murjan 5 in numbers

  • Sold once: by Dubai Properties on 31 July 2012 for AED 699,000, or AED 371 per sqft.
  • Rented since April 2014 on 8 Ejari contracts. The rent fell from AED 155,000 to AED 95,000 in 2022 and recovered to AED 153,573 by September 2024.
  • At AED 153,573 a year the gross yield on the 2012 price is 22.0%, 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 1 September 2024.

Questions about 403, Murjan 5

What did unit 403 last sell for?

AED 699,000 on 31 July 2012, sold by the developer: AED 371 per sqft for 1,882 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 153,573 a year on the contract signed on 1 September 2024. The previous contract, from September 2023, was AED 150,000; the unit has been rented since April 2014.

How big is unit 403?

1,882 sqft (174.8 sqm): a three-bedroom apartment on the 4th floor of a 41-storey tower completed in 2007.

What is unit 403 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.

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Mortgage on 403, Murjan 5

Starts from the last sale price (AED 699K, 31 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

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