1507, Murano Residence 1
Sold prices and rental history: sold once, by the developer in July 2022, and rented once, from April 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1507, Murano Residence 1
What is 1507 worth today?
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Source: Dubai Land Department. Updated 18 July 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,143 sqft
- Floor
- 15th of 15
- Parking
- B2-220
- Developer
- Murano Properties
- Completed
- 2019
- Service charge
- AED 18,600 /yr
- Last sold
- AED 1.08M · July 2022
- Building
- Murano Residence 1
About 1507, Murano Residence 1
1507 is a two-bedroom apartment of 1,143 sqft on the 15th floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties. The developer sold it on 18 July 2022 for AED 1,080,000, or AED 944 per sqft, in line with the AED 945 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 14 April 2020. The current contract, signed on 14 April 2020, is AED 90,000 a year: a gross yield of 8.3% on the 2022 price, before the service charge of about AED 18,600 a year.
Sales and rents for 1507 over time
1507 has sold once; the dashed line is the two-bed median of each year in the building.
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 1507 sits
All 13 2-beds →1507 last sold in July 2022 at AED 944 per sqft, in line with what two-beds in Murano Residence 1 were fetching at the time (AED 945).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Mar 202520 March 2025 | 1,141 sqft | 1,300,000 | 1,138 | ||
| 20 Feb 202520 February 2025 | 1,142 sqft | 1,250,000 | 1,094 | ||
| 15 Oct 202415 October 2024 | 1,142 sqft | 1,200,000 | 1,050 | ||
| 27 Nov 202327 November 2023 | 1,143 sqft | 1,100,000 | 961 |
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 15th floor
All 114 units in Murano Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 709 sqft | AED 1.44MAED 1,440,000 · Mar 2024March 2024 | 84,000 /yr | |
| 1502 | 1-bed | 700 sqft | AED 492KAED 492,000 · Sep 2021September 2021 | 62,000 /yr | |
| 1503 | 1-bed | 515 sqft | AED 645KAED 645,000 · Aug 2017August 2017 | 53,000 /yr | |
| 1504 | 1-bed | 920 sqft | AED 1.25MAED 1,250,000 · Jan 2022January 2022 | 73,333 /yr | |
| 1505 | 1-bed | 782 sqft | AED 770KAED 770,000 · Jul 2024July 2024 | 55,833 /yr | |
| 1506 | 1-bed | 906 sqft | AED 755KAED 755,000 · Jul 2022July 2022 | 78,000 /yr | |
| 1508 | 1-bed | 590 sqft | AED 550KAED 550,000 · May 2023May 2023 | 62,000 /yr |
1507, Murano Residence 1 in numbers
- Sold once: by Murano Properties on 18 July 2022 for AED 1,080,000, or AED 944 per sqft.
- Rented since April 2020 on one Ejari contract, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2022 price is 8.3%, before a service charge of about AED 18,600 a year (AED 16.23 per sqft).
Source: Dubai Land Department. Updated 18 July 2022.
Questions about 1507, Murano Residence 1
What did unit 1507 last sell for?
AED 1,080,000 on 18 July 2022, sold by the developer: AED 944 per sqft for 1,143 sqft. It is the only registered sale of the unit.
What is the rent for unit 1507?
AED 90,000 a year on the contract signed on 14 April 2020.
How big is unit 1507?
1,143 sqft (106.2 sqm): a two-bedroom apartment on the 15th floor of a 15-storey tower completed in 2019.
What is unit 1507 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 1507, Murano Residence 1
Starts from the last sale price (AED 1.08M, 18 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,080,000
- Deposit, UAE resident (20%)
- AED 216,000
- Deposit, non-resident (40%)
- AED 432,000
- Monthly over 25 years at 3.7%
- AED 4,419
Plus AED 50,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →