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4-bed · 2,912 sqftMurjan 5, Jumeirah Beach Residence · 17th floor · completed 2007

1701, Murjan 5

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

Unit 1701 · DLD and Ejari recordsUpdated 3 February 2025
Last soldAED 949K3 October 2013
Current rentAED 220K /yr3 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1701, Murjan 5

What is 1701 worth today?

Last sold for AED 949,000 in 2013

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3 Feb 2025RentedRenewal
AED 220,000/yr12 months · AED 75 per sqft
3 Feb 2024RentedRenewal
AED 209,000/yr12 months · AED 72 per sqft
15 Feb 2022RentedRenewal
AED 156,742/yr3 months · AED 54 per sqft
15 Feb 2021RentedRenewal
AED 140,000/yr12 months · AED 48 per sqft
15 Feb 2020RentedRenewal
AED 140,000/yr12 months · AED 48 per sqft
15 Feb 2019RentedNew contract
AED 140,000/yr12 months · AED 48 per sqft
22 Feb 2017RentedRenewal
AED 195,000/yr12 months · AED 67 per sqft
22 Feb 2016RentedNew contract
AED 195,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 3 February 2025.

Key facts

Type
4-bed apartment
Size
2,912 sqft
Floor
17th of 41
Parking
B404-405
Developer
Dubai Properties
Completed
2007
Service charge
AED 43,400 /yr
Last sold
AED 949K · October 2013
Building
Murjan 5

About 1701, Murjan 5

1701 is a four-bedroom apartment of 2,912 sqft on the 17th floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 3 October 2013 for AED 949,000, or AED 325 per sqft, 50% below the AED 644 four-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 3 February 2025, is AED 220,000 a year: a gross yield of 23.2% on the 2013 price, before the service charge of about AED 43,400 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, each saleTypical four-bed in Murjan 5
2M4M2007201220172022Typical sale price by year: 2007 AED 949,000; 2008 AED 949,000; 2011 AED 1,300,000; 2012 AED 2,700,000; 2013 AED 949,000; 2015 AED 5,157,718; 2018 AED 2,975,000; 2019 AED 2,500,000; 2020 AED 1,750,000; 2021 AED 1,474,500; 2023 AED 4,000,000; 2024 AED 3,600,000Sold by developer, October 2013: AED 949,000 (AED 325 per sqft)

1701 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1701, each contractTypical four-bed in Murjan 5
200K300K2013201720212025Typical rent by year: 2013 AED 200,000; 2014 AED 212,500; 2015 AED 225,000; 2016 AED 220,000; 2017 AED 230,000; 2018 AED 210,250; 2019 AED 172,500; 2020 AED 137,500; 2021 AED 145,000; 2022 AED 168,000; 2023 AED 182,500; 2024 AED 255,000; 2025 AED 285,000; 2026 AED 250,000New contract, December 2013: AED 200,000 a yearRenewal, December 2014: AED 210,000 a yearNew contract, February 2016: AED 195,000 a yearRenewal, February 2017: AED 195,000 a yearNew contract, February 2019: AED 140,000 a yearRenewal, February 2020: AED 140,000 a yearRenewal, February 2021: AED 140,000 a yearRenewal, February 2022: AED 156,742 a yearRenewal, February 2024: AED 209,000 a yearRenewal, February 2025: AED 220,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Murjan 5, and where 1701 sits

All 34 4-beds →

1701 last sold in October 2013 at AED 325 per sqft, 50% below what four-beds in Murjan 5 were fetching at the time (AED 644). 1701's AED 220,000 is in the lower half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
21 Jan 20254,500,000
19 Sep 20243,800,000
23 Aug 20245,200,000
15 Jan 20243,400,000
0 4-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 17th floor

All 120 units in Murjan 5
Value
17023-bedAED 699K · Jan 2008
17033-bedAED 699K · Oct 2008

1701, Murjan 5 in numbers

  • Sold once: by Dubai Properties on 3 October 2013 for AED 949,000, or AED 325 per sqft.
  • Rented since December 2013 on 10 Ejari contracts. The rent fell from AED 200,000 to AED 140,000 in 2021 and recovered to AED 220,000 by February 2025.
  • At AED 220,000 a year the gross yield on the 2013 price is 23.2%, before a service charge of about AED 43,400 a year (AED 14.89 per sqft).

Source: Dubai Land Department. Updated 3 February 2025.

Questions about 1701, Murjan 5

What did unit 1701 last sell for?

AED 949,000 on 3 October 2013, sold by the developer: AED 325 per sqft for 2,912 sqft. It is the only registered sale of the unit.

What is the rent for unit 1701?

AED 220,000 a year on the contract renewed on 3 February 2025. The previous contract, from February 2024, was AED 209,000; the unit has been rented since December 2013.

How big is unit 1701?

2,912 sqft (270.5 sqm): a four-bedroom apartment on the 17th floor of a 41-storey tower completed in 2007.

What is unit 1701 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 1701, Murjan 5

Starts from the last sale price (AED 949K, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 949,000
Deposit, UAE resident (20%)
AED 189,800
Deposit, non-resident (40%)
AED 379,600
Monthly over 25 years at 3.7%
AED 3,883

Plus AED 44,868 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →