702, Murjan 5
Sold prices and rental history: sold twice, last in October 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Murjan 5
What is 702 worth today?
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Source: Dubai Land Department. Updated 20 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,396 sqft
- Floor
- 7th of 41
- Parking
- B296
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,800 /yr
- Last sold
- AED 1.53M · October 2012
- Building
- Murjan 5
About 702, Murjan 5
702 is a two-bedroom apartment of 1,396 sqft on the 7th floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 24 October 2012 for AED 1,525,000, or AED 1,092 per sqft.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 20 March 2023, is AED 105,000 a year: a gross yield of 6.9% on the 2012 price, before the service charge of about AED 20,800 a year.
Sales and rents for 702 over time
702 has sold twice; the dashed line is the two-bed median of each year in the building.
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 702 sits
All 28 2-beds →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. 702's AED 105,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Sep 202616 September 2026 | 1,396 sqft | 1,720,000 | 1,231 | ||
| 27 Nov 202527 November 2025 | 1,396 sqft | 1,850,000 | 1,324 | ||
| 29 Sep 202529 September 2025 | 1,396 sqft | 2,400,000 | 1,718 | ||
| 23 May 202423 May 2024 | 1,396 sqft | 1,890,000 | 1,353 |
Murjan 5
Building120 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%
Other units on the 7th floor
All 120 units in Murjan 5702, Murjan 5 in numbers
- Sold twice: first on 8 February 2010 for AED 635,000, last on 24 October 2012 for AED 1,525,000 (AED 1,092 per sqft).
- Rented since September 2012 on 10 Ejari contracts. The rent fell from AED 89,500 to AED 80,000 in 2020 and recovered to AED 105,000 by March 2023.
- At AED 105,000 a year the gross yield on the 2012 price is 6.9%, 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 20 March 2023.
Questions about 702, Murjan 5
What did unit 702 last sell for?
AED 1,525,000 on 24 October 2012: AED 1,092 per sqft for 1,396 sqft. The unit has 2 registered sales; the first was AED 635,000 in February 2010.
What is the rent for unit 702?
AED 105,000 a year on the contract renewed on 20 March 2023. The previous contract, from March 2022, was AED 100,000; the unit has been rented since September 2012.
How big is unit 702?
1,396 sqft (129.7 sqm): a two-bedroom apartment on the 7th floor of a 41-storey tower completed in 2007.
What is unit 702 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 702, Murjan 5
Starts from the last sale price (AED 1.53M, 24 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,525,000
- Deposit, UAE resident (20%)
- AED 305,000
- Deposit, non-resident (40%)
- AED 610,000
- Monthly over 25 years at 3.7%
- AED 6,239
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →