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1-bed · 920 sqftMurano Residence 1, Al Furjan · 14th floor · completed 2019

1404, Murano Residence 1

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

Unit 1404 · DLD and Ejari recordsUpdated 24 June 2022
Last soldAED 982K22 May 2016
Current rentAED 50K /yr24 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1404, Murano Residence 1

What is 1404 worth today?

Last sold for AED 981,688 in 2016

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24 Jun 2022RentedNew contract
AED 50,000/yr12 months · AED 54 per sqft
17 Jun 2020RentedNew contract
AED 50,000/yr12 months · AED 54 per sqft
9 Jun 2019RentedNew contract
AED 48,913/yr12 months · AED 53 per sqft
22 May 2016Sold by developerOff-plan
AED 981,688AED 1,067 per sqft

Source: Dubai Land Department. Updated 24 June 2022.

Key facts

Type
1-bed apartment
Size
920 sqft
Floor
14th of 15
Parking
B1-116
Developer
Murano Properties
Completed
2019
Service charge
AED 14,900 /yr
Last sold
AED 982K · May 2016
Building
Murano Residence 1

About 1404, Murano Residence 1

1404 is a one-bedroom apartment of 920 sqft on the 14th 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 981,688, or AED 1,067 per sqft, in line with the AED 1,051 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 24 June 2022, is AED 50,000 a year: a gross yield of 5.1% on the 2016 price, before the service charge of about AED 14,900 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, each saleTypical one-bed in Murano Residence 1
600K800K1M2016201920222025Typical 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 981,688 (AED 1,067 per sqft)

1404 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1404, each contractTypical one-bed in Murano Residence 1
40K50K60K20192021202320252027Typical 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, June 2019: AED 48,913 a yearNew contract, June 2020: AED 50,000 a yearNew contract, June 2022: AED 50,000 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 1404 sits

All 96 1-beds →

1404 last sold in May 2016 at AED 1,067 per sqft, in line with what one-beds in Murano Residence 1 were fetching at the time (AED 1,051). 1404's AED 50,000 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 14th floor

All 114 units in Murano Residence 1
Value
14011-bedAED 760K · May 2016
14021-bedAED 764K · May 2016
14031-bedAED 644K · May 2016
14051-bedAED 776K · May 2016
14061-bedAED 889K · May 2016
1407AED 1.6M · Sep 2025
14081-bedAED 738K · May 2016

1404, Murano Residence 1 in numbers

  • Sold once: by Murano Properties on 22 May 2016 for AED 981,688, or AED 1,067 per sqft.
  • Rented since June 2019 on 3 Ejari contracts, from AED 48,913 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2016 price is 5.1%, before a service charge of about AED 14,900 a year (AED 16.23 per sqft).

Source: Dubai Land Department. Updated 24 June 2022.

Questions about 1404, Murano Residence 1

What did unit 1404 last sell for?

AED 981,688 on 22 May 2016, sold by the developer: AED 1,067 per sqft for 920 sqft. It is the only registered sale of the unit.

What is the rent for unit 1404?

AED 50,000 a year on the contract signed on 24 June 2022. The previous contract, from June 2020, was AED 50,000; the unit has been rented since June 2019.

How big is unit 1404?

920 sqft (85.5 sqm): a one-bedroom apartment on the 14th floor of a 15-storey tower completed in 2019.

What is unit 1404 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 1404, Murano Residence 1

Starts from the last sale price (AED 982K, 22 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 981,688
Deposit, UAE resident (20%)
AED 196,338
Deposit, non-resident (40%)
AED 392,675
Monthly over 25 years at 3.7%
AED 4,016

Plus AED 46,241 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →