1203, Murjan 5
Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Murjan 5
What is 1203 worth today?
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Source: Dubai Land Department. Updated 16 October 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,882 sqft
- Floor
- 12th of 41
- Parking
- B262-263
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,000 /yr
- Last sold
- AED 699K · December 2008
- Building
- Murjan 5
About 1203, Murjan 5
1203 is a three-bedroom apartment of 1,882 sqft on the 12th floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 30 December 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 2015 on 9 Ejari contracts. The current contract, signed on 16 October 2024, is AED 163,000 a year: a gross yield of 23.3% on the 2008 price, before the service charge of about AED 28,000 a year.
Sales and rents for 1203 over time
1203 has sold once; the dashed line is the three-bed median of each year in the building.
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 1203 sits
All 56 3-beds →1203 last sold in December 2008 at AED 371 per sqft, in line with what three-beds in Murjan 5 were fetching at the time (AED 371). 1203's AED 163,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202524 July 2025 | 1,882 sqft | 3,200,000 | 1,700 | ||
| 9 Jul 20259 July 2025 | 1,930 sqft | 3,000,000 | 1,554 | ||
| 16 Jun 202516 June 2025 | 1,882 sqft | 2,600,000 | 1,381 | ||
| 14 Apr 202514 April 2025 | 1,882 sqft | 3,900,000 | 2,071 |
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 51203, Murjan 5 in numbers
- Sold once: by Dubai Properties on 30 December 2008 for AED 699,000, or AED 371 per sqft.
- Rented since July 2015 on 9 Ejari contracts. The rent fell from AED 160,000 to AED 120,000 in 2019 and recovered to AED 163,000 by October 2024.
- At AED 163,000 a year the gross yield on the 2008 price is 23.3%, before a service charge of about AED 28,000 a year (AED 14.89 per sqft).
Source: Dubai Land Department. Updated 16 October 2024.
Questions about 1203, Murjan 5
What did unit 1203 last sell for?
AED 699,000 on 30 December 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 1203?
AED 163,000 a year on the contract signed on 16 October 2024. The previous contract, from December 2023, was AED 165,000; the unit has been rented since July 2015.
How big is unit 1203?
1,882 sqft (174.8 sqm): a three-bedroom apartment on the 12th floor of a 41-storey tower completed in 2007.
What is unit 1203 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 1203, Murjan 5
Starts from the last sale price (AED 699K, 30 December 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 →