Murjan 5 — project image
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Murjan 5

From AED 3.20M·Completed Jan 2007·Developer payment plan available Payment
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AED 3.20M
Starting Price
Jan 2007
Handover
Developer payment plan available
Payment Plan
3 BR · Apartments
Type

Project Overview

Murjan 5 is a 40-storey residential skyscraper of luxury 2, 3 and 4 bedroom apartments developed by Dubai Properties. The complex is located next to the sea along the coastal boulevard, on the first line from the beach. The exterior of Murjan 5 is characterized by a modern design using glass and metal, creating an elegant and attractive appearance. The interiors of the apartments are designed in light colors using high quality materials and finishes. The layout includes a furnished open plan kitchen. Panoramic windows offer sea views. Residents have access to numerous amenities including swimming pools, fitness centers, children's playgrounds, landscaped recreation areas, walking paths, parks and 24-hour security. Murjan 5 is located in an upscale neighborhood, providing easy access to Dubai's key attractions. Convenient transportation links make it easy to get around the city. Dubai Marina is a 5-minute drive away, while The Walk at JBR is a 7-minute drive away. Dubai Media City and Palm Jumeirah are just 10 to 15 minutes away by car. There is a metro station, bus and streetcar stops nearby.

Project Specifications
DeveloperDubai Properties
LocationJumeirah Beach Residence
Unit Types3 BR, Apartments
AreaJumeirah Beach Residence
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 138,080 / year
Cash-on-Cash
2.2%
Levered cashflow AED 32,480
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.47M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

Broadband Internet
Children’s pool
Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Leisure areas
Lift
Parking
Retail outlets
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness
Social zone
Walking paths

Location

Jumeirah Beach Residence

Nearby Destinations

Jumeirah Beach Residence

Developer and Project Facts

01

Murjan 5 by Dubai Properties

02

Located in Jumeirah Beach Residence

03

Starting from AED 3,200,000

04

Unit mix includes 3 BR, Apartments

05

Expected handover: Jan 2007

06

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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