Home
Dubai prices
About
Research
3-bed · 1,882 sqftMurjan 5, Jumeirah Beach Residence · 27th floor · completed 2007

2703, Murjan 5

Sold prices and rental history: sold twice, last in September 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2703 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.65M3 September 2019
Current rentAED 210K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2703, Murjan 5

What is 2703 worth today?

Last sold for AED 1,650,000 in 2019

Unlock today's estimate, updated daily, with

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

1 Sep 2024RentedNew contract
AED 210,000/yr12 months · AED 111 per sqft
3 Sep 2019SoldReady
AED 1,650,000AED 876 per sqft
17 Feb 2017RentedRenewal
AED 150,000/yr12 months · AED 80 per sqft
17 Feb 2016RentedRenewal
AED 150,000/yr12 months · AED 80 per sqft
17 Feb 2015RentedRenewal
AED 150,000/yr12 months · AED 80 per sqft
17 Feb 2014RentedRenewal
AED 140,000/yr12 months · AED 74 per sqft
17 Feb 2013RentedNew contract
AED 140,000/yr12 months · AED 74 per sqft
16 Oct 2012Sold by developerReady
AED 699,000AED 371 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
3-bed apartment
Size
1,882 sqft
Floor
27th of 41
Parking
M210-211
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,000 /yr
Last sold
AED 1.65M · September 2019
Building
Murjan 5

About 2703, Murjan 5

2703 is a three-bedroom apartment of 1,882 sqft on the 27th floor of Murjan 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 3 September 2019 for AED 1,650,000, or AED 876 per sqft, 3% above the AED 850 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 September 2024, is AED 210,000 a year: a gross yield of 12.7% on the 2019 price, before the service charge of about AED 28,000 a year.

Sales and rents for 2703 over time

Sales
Unit 2703, 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, October 2012: AED 699,000 (AED 371 per sqft)Sold, September 2019: AED 1,650,000 (AED 876 per sqft)

2703 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2703, 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, February 2013: AED 140,000 a yearRenewal, February 2014: AED 140,000 a yearRenewal, February 2015: AED 150,000 a yearRenewal, February 2016: AED 150,000 a yearRenewal, February 2017: AED 150,000 a yearNew contract, September 2024: AED 210,000 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 2703 sits

All 56 3-beds →

2703 last sold in September 2019 at AED 876 per sqft, 3% above what three-beds in Murjan 5 were fetching at the time (AED 850). 2703's AED 210,000 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 27th floor

All 120 units in Murjan 5
Value
27014-bedAED 2.5M · May 2019
27023-bedAED 2.5M · Oct 2022

2703, Murjan 5 in numbers

  • Sold twice: first on 16 October 2012 for AED 699,000, last on 3 September 2019 for AED 1,650,000 (AED 876 per sqft).
  • Rented since February 2013 on 6 Ejari contracts, from AED 140,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2019 price is 12.7%, before a service charge of about AED 28,000 a year (AED 14.89 per sqft).

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 2703, Murjan 5

What did unit 2703 last sell for?

AED 1,650,000 on 3 September 2019: AED 876 per sqft for 1,882 sqft. The unit has 2 registered sales; the first was AED 699,000 in October 2012.

What is the rent for unit 2703?

AED 210,000 a year on the contract signed on 1 September 2024. The previous contract, from February 2017, was AED 150,000; the unit has been rented since February 2013.

How big is unit 2703?

1,882 sqft (174.8 sqm): a three-bedroom apartment on the 27th floor of a 41-storey tower completed in 2007.

What is unit 2703 worth today?

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

Selling 2703? 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 2703, Murjan 5

Starts from the last sale price (AED 1.65M, 3 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

Plus AED 74,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →