3-bed · 1,882 sqftMurjan 5, Jumeirah Beach Residence · 16th floor · completed 2007

1602, Murjan 5

Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 17 December 2025
Last soldAED 2.15M17 February 2022
Current rentAED 150K /yr17 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Murjan 5

What is 1602 worth today?

Last sold for AED 2,150,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

17 Dec 2025RentedNew contract
AED 150,000/yr12 months · AED 80 per sqft
31 Jul 2024RentedRenewal
AED 177,955/yr6 months · AED 95 per sqft
31 Jul 2023RentedNew contract
AED 180,000/yr12 months · AED 96 per sqft
6 May 2023RentedNew contract
AED 120,000/yr12 months · AED 64 per sqft
1 Feb 2023RentedNew contract
AED 150,000/yr12 months · AED 80 per sqft
17 Feb 2022SoldReady
AED 2,150,000AED 1,142 per sqft
15 Apr 2020RentedRenewal
AED 120,000/yr12 months · AED 64 per sqft
15 Apr 2019RentedNew contract
AED 120,000/yr12 months · AED 64 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 December 2025.

Key facts

Type
3-bed apartment
Size
1,882 sqft
Floor
16th of 41
Parking
B272-271
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,000 /yr
Last sold
AED 2.15M · February 2022
Building
Murjan 5

About 1602, Murjan 5

1602 is a three-bedroom apartment of 1,882 sqft on the 16th floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 17 February 2022 for AED 2,150,000, or AED 1,142 per sqft, 23% above the AED 929 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 17 December 2025, is AED 150,000 a year: a gross yield of 7.0% on the 2022 price, before the service charge of about AED 28,000 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, 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, August 2013: AED 699,000 (AED 371 per sqft)Sold, February 2022: AED 2,150,000 (AED 1,142 per sqft)

1602 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1602, 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, October 2013: AED 155,000 a yearNew contract, October 2014: AED 174,064 a yearRenewal, October 2016: AED 174,064 a yearNew contract, October 2017: AED 172,000 a yearNew contract, April 2019: AED 120,000 a yearRenewal, April 2020: AED 120,000 a yearNew contract, February 2023: AED 150,000 a yearNew contract, May 2023: AED 120,000 a yearNew contract, July 2023: AED 180,000 a yearRenewal, July 2024: AED 177,955 a yearNew contract, December 2025: AED 150,000 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 1602 sits

All 56 3-beds →

1602 last sold in February 2022 at AED 1,142 per sqft, 23% above what three-beds in Murjan 5 were fetching at the time (AED 929). 1602's AED 150,000 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 16th floor

All 120 units in Murjan 5
Value
16014-bedAED 1.5M · Mar 2020
16033-bedAED 2.9M · Nov 2024

1602, Murjan 5 in numbers

  • Sold twice: first on 14 August 2013 for AED 699,000, last on 17 February 2022 for AED 2,150,000 (AED 1,142 per sqft).
  • Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 155,000 to AED 120,000 in 2023 and recovered to AED 150,000 by December 2025.
  • At AED 150,000 a year the gross yield on the 2022 price is 7.0%, before a service charge of about AED 28,000 a year (AED 14.89 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 17 December 2025.

Questions about 1602, Murjan 5

What did unit 1602 last sell for?

AED 2,150,000 on 17 February 2022: AED 1,142 per sqft for 1,882 sqft. The unit has 2 registered sales; the first was AED 699,000 in August 2013.

What is the rent for unit 1602?

AED 150,000 a year on the contract signed on 17 December 2025. The previous contract, from July 2024, was AED 177,955; the unit has been rented since October 2013.

How big is unit 1602?

1,882 sqft (174.8 sqm): a three-bedroom apartment on the 16th floor of a 41-storey tower completed in 2007.

What is unit 1602 worth today?

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

Selling 1602? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1602, Murjan 5

Starts from the last sale price (AED 2.15M, 17 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

Plus AED 95,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →