1508, Murano Residence 1
Sold prices and rental history: sold once, by the developer in May 2023, 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 1508, Murano Residence 1
What is 1508 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 7 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 590 sqft
- Floor
- 15th of 15
- Parking
- B2-243
- Developer
- Murano Properties
- Completed
- 2019
- Service charge
- AED 9,600 /yr
- Last sold
- AED 550K · May 2023
- Building
- Murano Residence 1
About 1508, Murano Residence 1
1508 is a one-bedroom apartment of 590 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 17 May 2023 for AED 550,000, or AED 931 per sqft, 9% above the AED 858 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 7 December 2025, is AED 62,000 a year: a gross yield of 11.3% on the 2023 price, before the service charge of about AED 9,600 a year.
Sales and rents for 1508 over time
1508 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 1508 sits
All 96 1-beds →1508 last sold in May 2023 at AED 931 per sqft, 9% above what one-beds in Murano Residence 1 were fetching at the time (AED 858). 1508's AED 62,000 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 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 | |
| 1507 | 2-bed | 1,143 sqft | AED 1.08MAED 1,080,000 · Jul 2022July 2022 | 90,000 /yr |
1508, Murano Residence 1 in numbers
- Sold once: by Murano Properties on 17 May 2023 for AED 550,000, or AED 931 per sqft.
- Rented since October 2019 on 4 Ejari contracts, from AED 40,000 to AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2023 price is 11.3%, before a service charge of about AED 9,600 a year (AED 16.23 per sqft).
Source: Dubai Land Department. Updated 7 December 2025.
Questions about 1508, Murano Residence 1
What did unit 1508 last sell for?
AED 550,000 on 17 May 2023, sold by the developer: AED 931 per sqft for 590 sqft. It is the only registered sale of the unit.
What is the rent for unit 1508?
AED 62,000 a year on the contract signed on 7 December 2025. The previous contract, from September 2024, was AED 52,500; the unit has been rented since October 2019.
How big is unit 1508?
590 sqft (54.8 sqm): a one-bedroom apartment on the 15th floor of a 15-storey tower completed in 2019.
What is unit 1508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 1508? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1508, Murano Residence 1
Starts from the last sale price (AED 550K, 17 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus AED 28,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →