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

103, Murjan 5

Sold prices and rental history: sold once, by the developer in February 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 20 October 2023
Last soldAED 699K10 February 2008
Current rentAED 115K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Murjan 5

What is 103 worth today?

Last sold for AED 699,000 in 2008

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20 Oct 2023RentedRenewal
AED 115,000/yr12 months · AED 61 per sqft
20 Oct 2022RentedNew contract
AED 100,000/yr12 months · AED 53 per sqft
20 Oct 2021RentedNew contract
AED 100,000/yr12 months · AED 53 per sqft
10 Aug 2019RentedNew contract
AED 110,000/yr12 months · AED 58 per sqft
10 Aug 2019RentedNew contract
AED 110,000/yr12 months · AED 58 per sqft
1 Jun 2018RentedRenewal
AED 150,000/yr12 months · AED 80 per sqft
1 Jun 2017RentedRenewal
AED 165,000/yr12 months · AED 88 per sqft
1 Jun 2016RentedRenewal
AED 165,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 20 October 2023.

Key facts

Type
3-bed apartment
Size
1,882 sqft
Floor
1st of 41
Parking
M204-205
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,000 /yr
Last sold
AED 699K · February 2008
Building
Murjan 5

About 103, Murjan 5

103 is a three-bedroom apartment of 1,882 sqft on the 1st floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 10 February 2008 for AED 699,000, or AED 371 per sqft, in line with the AED 371 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 20 October 2023, is AED 115,000 a year: a gross yield of 16.4% on the 2008 price, before the service charge of about AED 28,000 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical three-bed in Murjan 5
2M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 1,941,000; 2010 AED 699,000; 2011 AED 1,625,000; 2012 AED 1,585,000; 2013 AED 699,000; 2014 AED 1,174,500; 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 2,450,000; 2024 AED 2,525,000; 2025 AED 3,100,000Sold by developer, February 2008: AED 699,000 (AED 371 per sqft)

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

Rents
Unit 103, each contractTypical three-bed in Murjan 5
100K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 140,000; 2014 AED 162,500; 2015 AED 170,000; 2016 AED 168,191; 2017 AED 160,000; 2018 AED 142,000; 2019 AED 127,000; 2020 AED 107,500; 2021 AED 97,500; 2022 AED 115,000; 2023 AED 145,000; 2024 AED 167,750; 2025 AED 170,000New contract, June 2013: AED 130,000 a yearRenewal, June 2015: AED 165,000 a yearRenewal, June 2016: AED 165,000 a yearRenewal, June 2017: AED 165,000 a yearRenewal, June 2018: AED 150,000 a yearNew contract, August 2019: AED 110,000 a yearNew contract, August 2019: AED 110,000 a yearNew contract, October 2021: AED 100,000 a yearNew contract, October 2022: AED 100,000 a yearRenewal, October 2023: AED 115,000 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 103 sits

All 56 3-beds →

103 last sold in February 2008 at AED 371 per sqft, in line with what three-beds in Murjan 5 were fetching at the time (AED 371). 103's AED 115,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Jul 20253,200,000
9 Jul 20253,000,000
16 Jun 20252,600,000
14 Apr 20253,900,000
0 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. 1 sold in the last 12 months.

Typical price per sqft
AED 1,324
Typical sale
AED 1.85M
Typical rent
AED 170K /yr
Typical yield
6.8%
Murjan 5, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 1st floor

All 120 units in Murjan 5
Value
1012-bedAED 1.05M · Dec 2008
1022-bedAED 780K · Feb 2008
104AED 875K · Jun 2014

103, Murjan 5 in numbers

  • Sold once: by Dubai Properties on 10 February 2008 for AED 699,000, or AED 371 per sqft.
  • Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 130,000 to AED 100,000 in 2022 and recovered to AED 115,000 by October 2023.
  • At AED 115,000 a year the gross yield on the 2008 price is 16.4%, before a service charge of about AED 28,000 a year (AED 14.89 per sqft).

Source: Dubai Land Department. Updated 20 October 2023.

Questions about 103, Murjan 5

What did unit 103 last sell for?

AED 699,000 on 10 February 2008, 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 103?

AED 115,000 a year on the contract renewed on 20 October 2023. The previous contract, from October 2022, was AED 100,000; the unit has been rented since June 2013.

How big is unit 103?

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

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 103, Murjan 5

Starts from the last sale price (AED 699K, 10 February 2008). 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 AED 34,368 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →