2-bed · 1,396 sqftMurjan 5, Jumeirah Beach Residence · 5th floor · completed 2007

502, Murjan 5

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 1.5M26 February 2024
Current rentAED 70K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Murjan 5

What is 502 worth today?

Last sold for AED 1,500,000 in 2024

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1 Jan 2025RentedRenewal
AED 70,000/yr60 months · AED 50 per sqft
26 Feb 2024SoldReady
AED 1,500,000AED 1,074 per sqft
1 Jan 2020RentedNew contract
AED 70,000/yr60 months · AED 50 per sqft
26 Jul 2018RentedRenewal
AED 110,000/yr12 months · AED 79 per sqft
26 Jul 2017RentedRenewal
AED 110,000/yr12 months · AED 79 per sqft
26 Jul 2016RentedNew contract
AED 125,000/yr12 months · AED 89 per sqft
26 Jul 2013RentedNew contract
AED 115,000/yr12 months · AED 82 per sqft
4 Sep 2008Sold by developerReady
AED 550,000AED 393 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
2-bed apartment
Size
1,396 sqft
Floor
5th of 41
Parking
B241
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 1.5M · February 2024
Building
Murjan 5

About 502, Murjan 5

502 is a two-bedroom apartment of 1,396 sqft on the 5th floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 26 February 2024 for AED 1,500,000, or AED 1,074 per sqft, 5% below the AED 1,136 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 January 2025, is AED 70,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 20,800 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical two-bed in Murjan 5
1M2M2007201220172022Typical sale price by year: 2007 AED 599,000; 2008 AED 635,000; 2010 AED 550,000; 2024 AED 1,875,000Sold by developer, September 2008: AED 550,000 (AED 393 per sqft)Sold, February 2024: AED 1,500,000 (AED 1,074 per sqft)

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

Rents
Unit 502, each contractTypical two-bed in Murjan 5
100K2012201620202024Typical rent by year: 2012 AED 89,500; 2013 AED 115,000; 2014 AED 130,000; 2015 AED 130,000; 2016 AED 125,000; 2017 AED 114,000; 2018 AED 100,000; 2019 AED 90,000; 2020 AED 70,000; 2021 AED 75,000; 2022 AED 87,500; 2023 AED 98,000; 2024 AED 121,240; 2025 AED 126,500; 2026 AED 125,000New contract, July 2013: AED 115,000 a yearNew contract, July 2016: AED 125,000 a yearRenewal, July 2017: AED 110,000 a yearRenewal, July 2018: AED 110,000 a yearNew contract, January 2020: AED 70,000 a yearRenewal, January 2025: AED 70,000 a year

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 502 sits

All 28 2-beds →

502 last sold in February 2024 at AED 1,074 per sqft, 5% below what two-beds in Murjan 5 were fetching at the time (AED 1,136). 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. 502's AED 70,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Sep 20261,720,000
27 Nov 20251,850,000
29 Sep 20252,400,000
23 May 20241,890,000
2 2-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 5th floor

All 120 units in Murjan 5
Value
5012-bedAED 1.14M · Feb 2021
5033-bedAED 1.93M · Nov 2022
5043-bedAED 699K · Apr 2008

502, Murjan 5 in numbers

  • Sold twice: first on 4 September 2008 for AED 550,000, last on 26 February 2024 for AED 1,500,000 (AED 1,074 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 115,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 4.7%, 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 1 January 2025.

Questions about 502, Murjan 5

What did unit 502 last sell for?

AED 1,500,000 on 26 February 2024: AED 1,074 per sqft for 1,396 sqft. The unit has 2 registered sales; the first was AED 550,000 in September 2008.

What is the rent for unit 502?

AED 70,000 a year on the contract renewed on 1 January 2025. The previous contract, from January 2020, was AED 70,000; the unit has been rented since July 2013.

How big is unit 502?

1,396 sqft (129.7 sqm): a two-bedroom apartment on the 5th floor of a 41-storey tower completed in 2007.

What is unit 502 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 502, Murjan 5

Starts from the last sale price (AED 1.5M, 26 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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