1204, 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.
Property timeline for 1204, Murano Residence 1
What is 1204 worth today?
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Source: Dubai Land Department. Updated 15 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 920 sqft
- Floor
- 12th of 15
- Parking
- B1-121
- Developer
- Murano Properties
- Completed
- 2019
- Service charge
- AED 14,900 /yr
- Last sold
- AED 966K · May 2016
- Building
- Murano Residence 1
About 1204, Murano Residence 1
1204 is a one-bedroom apartment of 920 sqft on the 12th 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 966,165, or AED 1,050 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 6 Ejari contracts. The current contract, signed on 15 May 2024, is AED 65,000 a year: a gross yield of 6.7% on the 2016 price, before the service charge of about AED 14,900 a year.
Sales and rents for 1204 over time
1204 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 1204 sits
All 96 1-beds →1204 last sold in May 2016 at AED 1,050 per sqft, in line with what one-beds in Murano Residence 1 were fetching at the time (AED 1,051). 1204's AED 65,000 is in the upper 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 62K /yr
- Typical yield
Other units on the 12th floor
All 114 units in Murano Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 719 sqft | AED 749KAED 748,745 · May 2016May 2016 | 60,000 /yr | |
| 1202 | 1-bed | 710 sqft | AED 752KAED 752,405 · May 2016May 2016 | 55,650 /yr | |
| 1203 | 1-bed | 515 sqft | AED 634KAED 634,272 · May 2016May 2016 | 58,000 /yr | |
| 1205 | 1-bed | 782 sqft | AED 765KAED 765,252 · May 2016May 2016 | 52,800 /yr | |
| 1206 | 1-bed | 906 sqft | AED 877KAED 877,071 · May 2016May 2016 | 54,600 /yr | |
| 1207 | 2-bed | 1,143 sqft | AED 950KAED 950,000 · Nov 2023November 2023 | 70,000 /yr | |
| 1208 | 1-bed | 590 sqft | AED 727KAED 726,913 · May 2016May 2016 | 35,000 /yr |
1204, Murano Residence 1 in numbers
- Sold once: by Murano Properties on 22 May 2016 for AED 966,165, or AED 1,050 per sqft.
- Rented since November 2019 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 46,000 in 2021 and recovered to AED 65,000 by May 2024.
- At AED 65,000 a year the gross yield on the 2016 price is 6.7%, before a service charge of about AED 14,900 a year (AED 16.23 per sqft).
Source: Dubai Land Department. Updated 15 May 2024.
Questions about 1204, Murano Residence 1
What did unit 1204 last sell for?
AED 966,165 on 22 May 2016, sold by the developer: AED 1,050 per sqft for 920 sqft. It is the only registered sale of the unit.
What is the rent for unit 1204?
AED 65,000 a year on the contract signed on 15 May 2024. The previous contract, from November 2022, was AED 55,000; the unit has been rented since November 2019.
How big is unit 1204?
920 sqft (85.5 sqm): a one-bedroom apartment on the 12th floor of a 15-storey tower completed in 2019.
What is unit 1204 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 1204, Murano Residence 1
Starts from the last sale price (AED 966K, 22 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 966,165
- Deposit, UAE resident (20%)
- AED 193,233
- Deposit, non-resident (40%)
- AED 386,466
- Monthly over 25 years at 3.7%
- AED 3,953
Plus AED 45,589 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →