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2-bed · 1,143 sqftMurano Residence 1, Al Furjan · 13th floor · completed 2019

1307, Murano Residence 1

Sold prices and rental history: sold twice, last in November 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1307 · DLD and Ejari recordsUpdated 27 November 2023
Last soldAED 1.1M27 November 2023
Current rentAED 67K /yr28 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1307, Murano Residence 1

What is 1307 worth today?

Last sold for AED 1,100,000 in 2023

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27 Nov 2023SoldReady
AED 1,100,000AED 961 per sqft
28 Nov 2022RentedNew contract
AED 67,000/yr12 months · AED 59 per sqft
1 Sep 2021RentedNew contract
AED 28,000/yr12 months · AED 24 per sqft
22 May 2016Sold by developerOff-plan
AED 1,226,825AED 1,072 per sqft

Source: Dubai Land Department. Updated 27 November 2023.

Key facts

Type
2-bed apartment
Size
1,143 sqft
Floor
13th of 15
Parking
B1-127
Developer
Murano Properties
Completed
2019
Service charge
AED 18,600 /yr
Last sold
AED 1.1M · November 2023
Building
Murano Residence 1

About 1307, Murano Residence 1

1307 is a two-bedroom apartment of 1,143 sqft on the 13th floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties. It last sold on 27 November 2023 for AED 1,100,000, or AED 961 per sqft, 14% above the AED 840 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 28 November 2022, is AED 67,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 18,600 a year.

Sales and rents for 1307 over time

Sales
Unit 1307, each saleTypical two-bed in Murano Residence 1
1M1.2M201620192022Typical sale price by year: 2016 AED 1,198,686; 2020 AED 1,010,000; 2022 AED 1,080,000; 2023 AED 960,000Sold by developer, May 2016: AED 1,226,825 (AED 1,072 per sqft)Sold, November 2023: AED 1,100,000 (AED 961 per sqft)

1307 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1307, each contractTypical two-bed in Murano Residence 1
50K100K2019202120232025Typical rent by year: 2019 AED 66,000; 2020 AED 65,000; 2021 AED 56,000; 2022 AED 67,000; 2023 AED 68,250; 2024 AED 80,000; 2025 AED 96,000New contract, September 2021: AED 28,000 a yearNew contract, November 2022: AED 67,000 a year

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

2-beds in Murano Residence 1, and where 1307 sits

All 13 2-beds →

1307 last sold in November 2023 at AED 961 per sqft, 14% above what two-beds in Murano Residence 1 were fetching at the time (AED 840).

Recent 2-bed salesUnit no.Price (AED)Summary
20 Mar 20251,300,000
20 Feb 20251,250,000
15 Oct 20241,200,000
16 Nov 2023950,000
0 2-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 13th floor

All 114 units in Murano Residence 1
Value
13011-bedAED 754K · May 2016
13021-bedAED 758K · May 2016
13031-bedAED 660K · Oct 2024
13041-bedAED 974K · May 2016
13051-bedAED 771K · May 2016
13061-bedAED 883K · May 2016
13081-bedAED 732K · May 2016

1307, Murano Residence 1 in numbers

  • Sold twice: first on 22 May 2016 for AED 1,226,825, last on 27 November 2023 for AED 1,100,000 (AED 961 per sqft).
  • Rented since September 2021 on 2 Ejari contracts, from AED 28,000 to AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 18,600 a year (AED 16.23 per sqft).

Source: Dubai Land Department. Updated 27 November 2023.

Questions about 1307, Murano Residence 1

What did unit 1307 last sell for?

AED 1,100,000 on 27 November 2023: AED 961 per sqft for 1,143 sqft. The unit has 2 registered sales; the first was AED 1,226,825 in May 2016.

What is the rent for unit 1307?

AED 67,000 a year on the contract signed on 28 November 2022. The previous contract, from September 2021, was AED 28,000.

How big is unit 1307?

1,143 sqft (106.2 sqm): a two-bedroom apartment on the 13th floor of a 15-storey tower completed in 2019.

What is unit 1307 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 1307, Murano Residence 1

Starts from the last sale price (AED 1.1M, 27 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →