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Building · Transactions · 2023

Murjan 5 Property Transactions 2023

13 property sales worth ⃃ 38.24M were registered in Murjan 5 in 2023, 44.4% higher than 2022 by number of sales. The median sale price was ⃃ 2,600,000 and the median price per square foot ⃃ 1,355 (+27.5% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 13 salesUpdated: 14 Nov 2026
Property sales
13
+44.4% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 38.24M
+82.1% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,600,000
+20.9% vs 2022
13 sales
Median price per sq ft
⃃ 1,355
+27.5% vs 2022
13 sales

What types of property sold in Murjan 5 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments13100%⃃ 38.24M⃃ 2,600,000⃃ 1,355

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)215.4%⃃ 3.69M⃃ 1,843,181⃃ 1,126
Resale (secondary)1184.6%⃃ 34.55M⃃ 3,175,000⃃ 1,374
Ready13100%⃃ 38.24M⃃ 2,600,000⃃ 1,355

How many rental contracts were registered in Murjan 5 in 2023?

68 rental contracts (new and renewed) were registered in Murjan 5 in 2023, at a median annual rent of ⃃ 140,000 (+21.7% on 2022). Rental yields in Murjan 5

What were the most expensive property sales in Murjan 5 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
15/05/2023Murjan 54 beds · Apartment2,898 sq ft⃃ 4,225,000Resale · Ready
06/02/2023Murjan 54 beds · Apartment2,912 sq ft⃃ 4,100,000Resale · Ready
20/06/2023Murjan 54 beds · Apartment2,912 sq ft⃃ 4,000,000Resale · Ready
22/06/2023Murjan 54 beds · Apartment2,898 sq ft⃃ 4,000,000Resale · Ready
19/01/2023Murjan 54 beds · Apartment2,918 sq ft⃃ 3,650,000Resale · Ready
27/12/2023Murjan 53 beds · Apartment1,882 sq ft⃃ 3,175,000Resale · Ready
12/07/2023Murjan 53 beds · Apartment1,882 sq ft⃃ 2,600,000Resale · Ready
23/08/2023Murjan 53 beds · Apartment1,882 sq ft⃃ 2,550,000Resale · Ready
09/08/2023Murjan 53 beds · Apartment1,882 sq ft⃃ 2,450,000Resale · Ready
17/03/2023Murjan 53 beds · Apartment1,882 sq ft⃃ 2,100,000Primary · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
27/12/2023Murjan 53 beds · Apartment1,882 sq ft⃃ 3,175,000Resale · Ready
23/08/2023Murjan 53 beds · Apartment1,882 sq ft⃃ 2,550,000Resale · Ready
09/08/2023Murjan 53 beds · Apartment1,882 sq ft⃃ 2,450,000Resale · Ready
20/07/2023Murjan 52 beds · Apartment1,396 sq ft⃃ 1,700,000Resale · Ready
12/07/2023Murjan 53 beds · Apartment1,882 sq ft⃃ 2,600,000Resale · Ready
22/06/2023Murjan 54 beds · Apartment2,898 sq ft⃃ 4,000,000Resale · Ready
20/06/2023Murjan 54 beds · Apartment2,912 sq ft⃃ 4,000,000Resale · Ready
06/06/2023Murjan 52 beds · Apartment1,396 sq ft⃃ 1,586,362Primary · Ready
22/05/2023Murjan 53 beds · Apartment1,882 sq ft⃃ 2,100,000Resale · Ready
15/05/2023Murjan 54 beds · Apartment2,898 sq ft⃃ 4,225,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/murjan-5/2023
Murjan 5 Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/murjan-5/2023

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Murjan 5 in 2023?
13 property sales worth ⃃ 38,236,362 were registered in Murjan 5 in 2023. That is 44.4% higher than 2022.
What was the median property price in Murjan 5 in 2023?
The median sale price was ⃃ 2,600,000 and the median price per square foot ⃃ 1,355 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Murjan 5 were off-plan or from developers?
Developer (primary) sales were 15.4% of the 13 sales and resales 84.6%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/murjan-5/2023