204, Murano Residence 1
Sold prices and rental history: sold once, by the developer in July 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 204, Murano Residence 1
What is 204 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 932 sqft
- Floor
- 2nd of 15
- Parking
- B2-229
- Developer
- Murano Properties
- Completed
- 2019
- Service charge
- AED 15,100 /yr
- Last sold
- AED 810K · July 2023
- Building
- Murano Residence 1
About 204, Murano Residence 1
204 is a one-bedroom apartment of 932 sqft on the 2nd floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties. The developer sold it on 3 July 2023 for AED 810,000, or AED 869 per sqft, in line with the AED 869 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 15 July 2024, is AED 63,000 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 15,100 a year.
Sales and rents for 204 over time
204 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 204 sits
All 96 1-beds →204 last sold in July 2023 at AED 869 per sqft, in line with what one-beds in Murano Residence 1 were fetching at the time (AED 869). 204's AED 63,000 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 2nd floor
All 114 units in Murano Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 715 sqft | AED 680KAED 680,000 · Oct 2023October 2023 | 68,000 /yr | |
| 202 | 1-bed | 711 sqft | AED 741KAED 741,472 · Oct 2016October 2016 | 40,000 /yr | |
| 203 | 1-bed | 527 sqft | AED 621KAED 621,400 · Mar 2017March 2017 | 40,000 /yr | |
| 205 | 1-bed | 777 sqft | AED 645KAED 645,000 · Jan 2024January 2024 | 70,000 /yr | |
| 206 | 1-bed | 904 sqft | AED 760KAED 760,000 · Sep 2022September 2022 | ||
| 207 | 2-bed | 1,141 sqft | AED 1.3MAED 1,300,000 · Mar 2025March 2025 | 96,000 /yr | |
| 208 | 1-bed | 589 sqft | AED 750KAED 750,000 · Jul 2025July 2025 | 65,000 /yr |
204, Murano Residence 1 in numbers
- Sold once: by Murano Properties on 3 July 2023 for AED 810,000, or AED 869 per sqft.
- Rented since January 2020 on 5 Ejari contracts. The rent fell from AED 73,333 to AED 50,000 in 2022 and recovered to AED 63,000 by July 2024.
- At AED 63,000 a year the gross yield on the 2023 price is 7.8%, before a service charge of about AED 15,100 a year (AED 16.23 per sqft).
Source: Dubai Land Department. Updated 15 July 2024.
Questions about 204, Murano Residence 1
What did unit 204 last sell for?
AED 810,000 on 3 July 2023, sold by the developer: AED 869 per sqft for 932 sqft. It is the only registered sale of the unit.
What is the rent for unit 204?
AED 63,000 a year on the contract renewed on 15 July 2024. The previous contract, from July 2023, was AED 63,000; the unit has been rented since January 2020.
How big is unit 204?
932 sqft (86.6 sqm): a one-bedroom apartment on the 2nd floor of a 15-storey tower completed in 2019.
What is unit 204 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 204, Murano Residence 1
Starts from the last sale price (AED 810K, 3 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 810,000
- Deposit, UAE resident (20%)
- AED 162,000
- Deposit, non-resident (40%)
- AED 324,000
- Monthly over 25 years at 3.7%
- AED 3,314
Plus AED 39,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →