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1-bed · 711 sqftMurano Residence 1, Al Furjan · 10th floor · completed 2019

1002, Murano Residence 1

Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 742K22 May 2016
Current rentAED 49K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1002, Murano Residence 1

What is 1002 worth today?

Last sold for AED 741,884 in 2016

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1 Jun 2023RentedRenewal
AED 49,000/yr12 months · AED 69 per sqft
1 Jun 2022RentedNew contract
AED 49,000/yr12 months · AED 69 per sqft
5 Oct 2021RentedNew contract
AED 32,000/yr12 months · AED 45 per sqft
1 Nov 2019RentedNew contract
AED 48,129/yr12 months · AED 68 per sqft
22 May 2016Sold by developerOff-plan
AED 741,884AED 1,043 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
1-bed apartment
Size
711 sqft
Floor
10th of 15
Parking
B1-143
Developer
Murano Properties
Completed
2019
Service charge
AED 11,500 /yr
Last sold
AED 742K · May 2016
Building
Murano Residence 1

About 1002, Murano Residence 1

1002 is a one-bedroom apartment of 711 sqft on the 10th floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties. The developer sold it on 22 May 2016 for AED 741,884, or AED 1,043 per sqft, in line with the AED 1,051 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 49,000 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 11,500 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical one-bed in Murano Residence 1
800K2016201920222025Typical sale price by year: 2016 AED 752,252; 2017 AED 650,000; 2018 AED 738,643; 2019 AED 650,000; 2021 AED 903,500; 2022 AED 675,000; 2023 AED 680,000; 2024 AED 737,500Sold by developer, May 2016: AED 741,884 (AED 1,043 per sqft)

1002 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1002, each contractTypical one-bed in Murano Residence 1
40K60K20192021202320252027Typical rent by year: 2019 AED 48,065; 2020 AED 44,000; 2021 AED 40,000; 2022 AED 42,000; 2023 AED 49,000; 2024 AED 59,500; 2025 AED 60,000; 2026 AED 61,000New contract, November 2019: AED 48,129 a yearNew contract, October 2021: AED 32,000 a yearNew contract, June 2022: AED 49,000 a yearRenewal, June 2023: AED 49,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Murano Residence 1, and where 1002 sits

All 96 1-beds →

1002 last sold in May 2016 at AED 1,043 per sqft, in line with what one-beds in Murano Residence 1 were fetching at the time (AED 1,051). 1002's AED 49,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Jul 2025750,000
29 Apr 2025670,000
17 Oct 2024610,000
10 Oct 2024625,000
0 1-bed sales in the last 12 months

Murano Residence 1

Building

114 apartments, 1-bed to 3-bed over 15 floors in Al Furjan, completed in 2019 by Murano Properties. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 63K /yr
Typical yield
Murano Residence 1, Al Furjan: prices, sales and rents →

Other units on the 10th floor

All 114 units in Murano Residence 1
Value
10011-bedAED 650K · Jul 2024
10031-bedAED 565K · Oct 2023
10041-bedAED 951K · May 2016
10051-bedAED 752K · May 2016
10061-bedAED 864K · May 2016
10072-bedAED 1.2M · May 2016
10081-bedAED 716K · May 2016

1002, Murano Residence 1 in numbers

  • Sold once: by Murano Properties on 22 May 2016 for AED 741,884, or AED 1,043 per sqft.
  • Rented since November 2019 on 4 Ejari contracts. The rent fell from AED 48,129 to AED 32,000 in 2021 and recovered to AED 49,000 by June 2023.
  • At AED 49,000 a year the gross yield on the 2016 price is 6.6%, before a service charge of about AED 11,500 a year (AED 16.23 per sqft).

Source: Dubai Land Department. Updated 1 June 2023.

Questions about 1002, Murano Residence 1

What did unit 1002 last sell for?

AED 741,884 on 22 May 2016, sold by the developer: AED 1,043 per sqft for 711 sqft. It is the only registered sale of the unit.

What is the rent for unit 1002?

AED 49,000 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 49,000; the unit has been rented since November 2019.

How big is unit 1002?

711 sqft (66.1 sqm): a one-bedroom apartment on the 10th floor of a 15-storey tower completed in 2019.

What is unit 1002 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 1002, Murano Residence 1

Starts from the last sale price (AED 742K, 22 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 741,884
Deposit, UAE resident (20%)
AED 148,377
Deposit, non-resident (40%)
AED 296,754
Monthly over 25 years at 3.7%
AED 3,035

Plus AED 36,169 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →