3-bed · 1,882 sqftMurjan 5, Jumeirah Beach Residence · 19th floor · completed 2007

1903, Murjan 5

Sold prices and rental history: sold once, by the developer in February 2008, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1903 · DLD and Ejari recordsUpdated 7 November 2024
Last soldAED 699K10 February 2008
Current rentAED 150K /yr7 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1903, Murjan 5

What is 1903 worth today?

Last sold for AED 699,000 in 2008

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7 Nov 2024RentedRenewal
AED 150,000/yr12 months · AED 80 per sqft
7 Nov 2023RentedRenewal
AED 138,600/yr12 months · AED 74 per sqft
7 Nov 2021RentedRenewal
AED 120,000/yr12 months · AED 64 per sqft
7 Nov 2019RentedRenewal
AED 125,000/yr12 months · AED 66 per sqft
7 Nov 2017RentedNew contract
AED 145,000/yr12 months · AED 77 per sqft
24 Jul 2017RentedRenewal
AED 170,000/yr3 months · AED 90 per sqft
24 Jul 2016RentedNew contract
AED 170,000/yr12 months · AED 90 per sqft
10 Feb 2008Sold by developerReady
AED 699,000AED 371 per sqft

Source: Dubai Land Department. Updated 7 November 2024.

Key facts

Type
3-bed apartment
Size
1,882 sqft
Floor
19th of 41
Parking
B282-283
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,000 /yr
Last sold
AED 699K · February 2008
Building
Murjan 5

About 1903, Murjan 5

1903 is a three-bedroom apartment of 1,882 sqft on the 19th 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 2016 on 7 Ejari contracts. The current contract, renewed on 7 November 2024, is AED 150,000 a year: a gross yield of 21.5% on the 2008 price, before the service charge of about AED 28,000 a year.

Sales and rents for 1903 over time

Sales
Unit 1903, 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)

1903 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1903, 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, July 2016: AED 170,000 a yearRenewal, July 2017: AED 170,000 a yearNew contract, November 2017: AED 145,000 a yearRenewal, November 2019: AED 125,000 a yearRenewal, November 2021: AED 120,000 a yearRenewal, November 2023: AED 138,600 a yearRenewal, November 2024: 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 1903 sits

All 56 3-beds →

1903 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). 1903'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 19th floor

All 120 units in Murjan 5
Value
19014-bedAED 949K · Dec 2012
19023-bedAED 1.95M · Nov 2009

1903, Murjan 5 in numbers

  • Sold once: by Dubai Properties on 10 February 2008 for AED 699,000, or AED 371 per sqft.
  • Rented since July 2016 on 7 Ejari contracts. The rent fell from AED 170,000 to AED 120,000 in 2021 and recovered to AED 150,000 by November 2024.
  • At AED 150,000 a year the gross yield on the 2008 price is 21.5%, before a service charge of about AED 28,000 a year (AED 14.89 per sqft).

Source: Dubai Land Department. Updated 7 November 2024.

Questions about 1903, Murjan 5

What did unit 1903 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 1903?

AED 150,000 a year on the contract renewed on 7 November 2024. The previous contract, from November 2023, was AED 138,600; the unit has been rented since July 2016.

How big is unit 1903?

1,882 sqft (174.8 sqm): a three-bedroom apartment on the 19th floor of a 41-storey tower completed in 2007.

What is unit 1903 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 1903, 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 →