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1-bed · 515 sqftMurano Residence 1, Al Furjan · 3rd floor · completed 2019

303, Murano Residence 1

Sold prices and rental history: sold twice, last in September 2023, and rented once, from December 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 13 September 2023
Last soldAED 520K13 September 2023
Current rentAED 40K /yr1 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 303, Murano Residence 1

What is 303 worth today?

Last sold for AED 520,000 in 2023

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13 Sep 2023SoldReady
AED 520,000AED 1,010 per sqft
1 Dec 2019RentedNew contract
AED 40,000/yr12 months · AED 77 per sqft
28 Dec 2016Sold by developerOff-plan
AED 600,000AED 1,166 per sqft

Source: Dubai Land Department. Updated 13 September 2023.

Key facts

Type
1-bed apartment
Size
515 sqft
Floor
3rd of 15
Parking
B2-234
Developer
Murano Properties
Completed
2019
Service charge
AED 8,400 /yr
Last sold
AED 520K · September 2023
Building
Murano Residence 1

About 303, Murano Residence 1

303 is a one-bedroom apartment of 515 sqft on the 3rd floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties. It last sold on 13 September 2023 for AED 520,000, or AED 1,010 per sqft, 12% above the AED 902 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2019. The current contract, signed on 1 December 2019, is AED 40,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 8,400 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical one-bed in Murano Residence 1
600K800K2016201920222025Typical 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, December 2016: AED 600,000 (AED 1,166 per sqft)Sold, September 2023: AED 520,000 (AED 1,010 per sqft)

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

Rents
Unit 303, 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, December 2019: AED 40,000 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 303 sits

All 96 1-beds →

303 last sold in September 2023 at AED 1,010 per sqft, 12% above what one-beds in Murano Residence 1 were fetching at the time (AED 902). 303's AED 40,000 is at the bottom 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 62K /yr
Typical yield
Murano Residence 1, Al Furjan: prices, sales and rents →

Other units on the 3rd floor

All 114 units in Murano Residence 1
Value
3011-bedAED 680K · Jul 2023
3021-bedAED 689K · Dec 2016
3041-bedAED 1.16M · Jul 2021
3051-bedAED 670K · Jul 2022
3061-bedAED 1.15M · Oct 2021
3072-bedAED 1.2M · Oct 2024
3081-bedAED 645K · Jun 2017

303, Murano Residence 1 in numbers

  • Sold twice: first on 28 December 2016 for AED 600,000, last on 13 September 2023 for AED 520,000 (AED 1,010 per sqft).
  • Rented since December 2019 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 7.7%, before a service charge of about AED 8,400 a year (AED 16.23 per sqft).

Source: Dubai Land Department. Updated 13 September 2023.

Questions about 303, Murano Residence 1

What did unit 303 last sell for?

AED 520,000 on 13 September 2023: AED 1,010 per sqft for 515 sqft. The unit has 2 registered sales; the first was AED 600,000 in December 2016.

What is the rent for unit 303?

AED 40,000 a year on the contract signed on 1 December 2019.

How big is unit 303?

515 sqft (47.8 sqm): a one-bedroom apartment on the 3rd floor of a 15-storey tower completed in 2019.

What is unit 303 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 303, Murano Residence 1

Starts from the last sale price (AED 520K, 13 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

Plus AED 26,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →