3-bed · 1,882 sqftMurjan 5, Jumeirah Beach Residence · 24th floor · completed 2007

2403, Murjan 5

Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 26 March 2025
Last soldAED 1.5M18 March 2021
Current rentAED 228K /yr26 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Murjan 5

What is 2403 worth today?

Last sold for AED 1,500,000 in 2021

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26 Mar 2025RentedNew contract
AED 228,000/yr13 months · AED 121 per sqft
26 Jan 2024RentedNew contract
AED 230,000/yr14 months · AED 122 per sqft
18 Mar 2021SoldReady
AED 1,500,000AED 796 per sqft
29 Jan 2017RentedRenewal
AED 168,000/yr12 months · AED 89 per sqft
29 Jan 2016RentedRenewal
AED 160,000/yr12 months · AED 85 per sqft
29 Jan 2014RentedNew contract
AED 150,000/yr12 months · AED 80 per sqft
4 Dec 2007Sold by developerReady
AED 699,000AED 371 per sqft

Source: Dubai Land Department. Updated 26 March 2025.

Key facts

Type
3-bed apartment
Size
1,882 sqft
Floor
24th of 41
Parking
B401-402
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,000 /yr
Last sold
AED 1.5M · March 2021
Building
Murjan 5

About 2403, Murjan 5

2403 is a three-bedroom apartment of 1,882 sqft on the 24th floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 18 March 2021 for AED 1,500,000, or AED 796 per sqft, 11% above the AED 717 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 26 March 2025, is AED 228,000 a year: a gross yield of 15.2% on the 2021 price, before the service charge of about AED 28,000 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, 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, December 2007: AED 699,000 (AED 371 per sqft)Sold, March 2021: AED 1,500,000 (AED 796 per sqft)

2403 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2403, each contractTypical three-bed in Murjan 5
100K200K2012201620202024Typical 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, January 2014: AED 150,000 a yearRenewal, January 2016: AED 160,000 a yearRenewal, January 2017: AED 168,000 a yearNew contract, January 2024: AED 230,000 a yearNew contract, March 2025: AED 228,000 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 2403 sits

All 56 3-beds →

2403 last sold in March 2021 at AED 796 per sqft, 11% above what three-beds in Murjan 5 were fetching at the time (AED 717). 2403's AED 228,000 is at the top 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 24th floor

All 120 units in Murjan 5
Value
24014-bedAED 2.98M · Apr 2018
24023-bedAED 1.74M · Jan 2012

2403, Murjan 5 in numbers

  • Sold twice: first on 4 December 2007 for AED 699,000, last on 18 March 2021 for AED 1,500,000 (AED 796 per sqft).
  • Rented since January 2014 on 5 Ejari contracts, from AED 150,000 to AED 228,000 a year.
  • At AED 228,000 a year the gross yield on the 2021 price is 15.2%, before a service charge of about AED 28,000 a year (AED 14.89 per sqft).

Source: Dubai Land Department. Updated 26 March 2025.

Questions about 2403, Murjan 5

What did unit 2403 last sell for?

AED 1,500,000 on 18 March 2021: AED 796 per sqft for 1,882 sqft. The unit has 2 registered sales; the first was AED 699,000 in December 2007.

What is the rent for unit 2403?

AED 228,000 a year on the contract signed on 26 March 2025. The previous contract, from January 2024, was AED 230,000; the unit has been rented since January 2014.

How big is unit 2403?

1,882 sqft (174.8 sqm): a three-bedroom apartment on the 24th floor of a 41-storey tower completed in 2007.

What is unit 2403 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 2403, Murjan 5

Starts from the last sale price (AED 1.5M, 18 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →