1004, Murano Residence 1
Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1004, Murano Residence 1
What is 1004 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 919 sqft
- Floor
- 10th of 15
- Parking
- B1-144
- Developer
- Murano Properties
- Completed
- 2019
- Service charge
- AED 14,900 /yr
- Last sold
- AED 951K · May 2016
- Building
- Murano Residence 1
About 1004, Murano Residence 1
1004 is a one-bedroom apartment of 919 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 950,824, or AED 1,034 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 2020 on 4 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 51,700 a year: a gross yield of 5.4% on the 2016 price, before the service charge of about AED 14,900 a year.
Sales and rents for 1004 over time
1004 has sold once; the dashed line is the one-bed median of each year in the building.
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 1004 sits
All 96 1-beds →1004 last sold in May 2016 at AED 1,034 per sqft, in line with what one-beds in Murano Residence 1 were fetching at the time (AED 1,051). 1004's AED 51,700 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202524 July 2025 | 589 sqft | 750,000 | 1,272 | ||
| 29 Apr 202529 April 2025 | 515 sqft | 670,000 | 1,302 | ||
| 17 Oct 202417 October 2024 | 590 sqft | 610,000 | 1,034 | ||
| 10 Oct 202410 October 2024 | 515 sqft | 625,000 | 1,214 |
Murano Residence 1
Building114 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
Other units on the 10th floor
All 114 units in Murano Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 717 sqft | AED 650KAED 650,000 · Jul 2024July 2024 | 73,000 /yr | |
| 1002 | 1-bed | 711 sqft | AED 742KAED 741,884 · May 2016May 2016 | 49,000 /yr | |
| 1003 | 1-bed | 515 sqft | AED 565KAED 565,000 · Oct 2023October 2023 | 84,000 /yr | |
| 1005 | 1-bed | 779 sqft | AED 752KAED 752,252 · May 2016May 2016 | 74,000 /yr | |
| 1006 | 1-bed | 905 sqft | AED 864KAED 863,575 · May 2016May 2016 | 47,300 /yr | |
| 1007 | 2-bed | 1,142 sqft | AED 1.2MAED 1,197,846 · May 2016May 2016 | 144,000 /yr | |
| 1008 | 1-bed | 590 sqft | AED 716KAED 716,133 · May 2016May 2016 | 60,000 /yr |
1004, Murano Residence 1 in numbers
- Sold once: by Murano Properties on 22 May 2016 for AED 950,824, or AED 1,034 per sqft.
- Rented since January 2020 on 4 Ejari contracts, from AED 55,000 to AED 51,700 a year.
- At AED 51,700 a year the gross yield on the 2016 price is 5.4%, before a service charge of about AED 14,900 a year (AED 16.23 per sqft).
Source: Dubai Land Department. Updated 1 October 2024.
Questions about 1004, Murano Residence 1
What did unit 1004 last sell for?
AED 950,824 on 22 May 2016, sold by the developer: AED 1,034 per sqft for 919 sqft. It is the only registered sale of the unit.
What is the rent for unit 1004?
AED 51,700 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 47,000; the unit has been rented since January 2020.
How big is unit 1004?
919 sqft (85.4 sqm): a one-bedroom apartment on the 10th floor of a 15-storey tower completed in 2019.
What is unit 1004 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 1004, Murano Residence 1
Starts from the last sale price (AED 951K, 22 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 950,824
- Deposit, UAE resident (20%)
- AED 190,165
- Deposit, non-resident (40%)
- AED 380,330
- Monthly over 25 years at 3.7%
- AED 3,890
Plus AED 44,945 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →