1202, Murjan 5
Sold prices and rental history: sold twice, last in May 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Murjan 5
What is 1202 worth today?
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Source: Dubai Land Department. Updated 27 July 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 931 sqft
- Floor
- 12th of 41
- Parking
- B403
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 1.27M · May 2010
- Building
- Murjan 5
About 1202, Murjan 5
1202 is a two-bedroom apartment of 931 sqft on the 12th floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 2 May 2010 for AED 1,274,000, or AED 912 per sqft.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 27 July 2023, is AED 96,000 a year: a gross yield of 7.5% on the 2010 price, before the service charge of about AED 13,900 a year.
Sales and rents for 1202 over time
1202 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 1202 sits
All 26 2-beds →Over the last 12 months two-beds sold for AED 1,850,000, around AED 1,324 per sqft, and rent for AED 113,400 to 137,000 a year. 1202's AED 96,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 May 202423 May 2024 | 1,396 sqft | 1,890,000 | 1,353 | ||
| 26 Feb 202426 February 2024 | 1,396 sqft | 1,500,000 | 1,074 | ||
| 20 Jul 202320 July 2023 | 1,396 sqft | 1,700,000 | 1,217 | ||
| 6 Jun 20236 June 2023 | 1,396 sqft | 1,586,362 | 1,136 |
Murjan 5
Building120 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%
Other units on the 12th floor
All 120 units in Murjan 51202, Murjan 5 in numbers
- Sold twice: first on 11 November 2007 for AED 599,000, last on 2 May 2010 for AED 1,274,000 (AED 912 per sqft).
- Rented since June 2013 on 9 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2020 and recovered to AED 96,000 by July 2023.
- At AED 96,000 a year the gross yield on the 2010 price is 7.5%, before a service charge of about AED 13,900 a year (AED 14.89 per sqft).
- Two-beds in Murjan 5 sold for AED 1,850,000–1,850,000 in the 12 months to November 2026; the building's median across all types is AED 1,324 per sqft.
Source: Dubai Land Department. Updated 27 July 2023.
Questions about 1202, Murjan 5
What did unit 1202 last sell for?
AED 1,274,000 on 2 May 2010: AED 912 per sqft for 931 sqft. The unit has 2 registered sales; the first was AED 599,000 in November 2007.
What is the rent for unit 1202?
AED 96,000 a year on the contract renewed on 27 July 2023. The previous contract, from July 2022, was AED 84,000; the unit has been rented since June 2013.
How big is unit 1202?
931 sqft (86.5 sqm): a two-bedroom apartment on the 12th floor of a 41-storey tower completed in 2007.
What is unit 1202 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 1,850,000 to 1,850,000 in the last 12 months, around AED 1,324 per sqft.
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Mortgage on 1202, Murjan 5
Starts from the last sale price (AED 1.27M, 2 May 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,274,000
- Deposit, UAE resident (20%)
- AED 254,800
- Deposit, non-resident (40%)
- AED 509,600
- Monthly over 25 years at 3.7%
- AED 5,212
Plus AED 58,518 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →