308, Murano Residence 1
Sold prices and rental history: sold once, by the developer in June 2017, 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 308, Murano Residence 1
What is 308 worth today?
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Source: Dubai Land Department. Updated 13 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 590 sqft
- Floor
- 3rd of 15
- Parking
- B2-232
- Developer
- Murano Properties
- Completed
- 2019
- Service charge
- AED 9,600 /yr
- Last sold
- AED 645K · June 2017
- Building
- Murano Residence 1
About 308, Murano Residence 1
308 is a one-bedroom apartment of 590 sqft on the 3rd floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties. The developer sold it on 6 June 2017 for AED 644,551, or AED 1,092 per sqft, in line with the AED 1,068 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 13 January 2025, is AED 60,000 a year: a gross yield of 9.3% on the 2017 price, before the service charge of about AED 9,600 a year.
Sales and rents for 308 over time
308 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 308 sits
All 96 1-beds →308 last sold in June 2017 at AED 1,092 per sqft, in line with what one-beds in Murano Residence 1 were fetching at the time (AED 1,068). 308's AED 60,000 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 62K /yr
- Typical yield
Other units on the 3rd floor
All 114 units in Murano Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 717 sqft | AED 680KAED 680,000 · Jul 2023July 2023 | 68,000 /yr | |
| 302 | 1-bed | 711 sqft | AED 689KAED 689,270 · Dec 2016December 2016 | ||
| 303 | 1-bed | 515 sqft | AED 520KAED 520,000 · Sep 2023September 2023 | 40,000 /yr | |
| 304 | 1-bed | 919 sqft | AED 1.16MAED 1,160,000 · Jul 2021July 2021 | 47,500 /yr | |
| 305 | 1-bed | 779 sqft | AED 670KAED 670,000 · Jul 2022July 2022 | 55,833 /yr | |
| 306 | 1-bed | 905 sqft | AED 1.15MAED 1,150,000 · Oct 2021October 2021 | 80,000 /yr | |
| 307 | 2-bed | 1,142 sqft | AED 1.2MAED 1,200,000 · Oct 2024October 2024 | 59,000 /yr |
308, Murano Residence 1 in numbers
- Sold once: by Murano Properties on 6 June 2017 for AED 644,551, or AED 1,092 per sqft.
- Rented since October 2020 on 4 Ejari contracts, from AED 38,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2017 price is 9.3%, before a service charge of about AED 9,600 a year (AED 16.23 per sqft).
Source: Dubai Land Department. Updated 13 January 2025.
Questions about 308, Murano Residence 1
What did unit 308 last sell for?
AED 644,551 on 6 June 2017, sold by the developer: AED 1,092 per sqft for 590 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 60,000 a year on the contract signed on 13 January 2025. The previous contract, from November 2023, was AED 50,000; the unit has been rented since October 2020.
How big is unit 308?
590 sqft (54.8 sqm): a one-bedroom apartment on the 3rd floor of a 15-storey tower completed in 2019.
What is unit 308 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 308, Murano Residence 1
Starts from the last sale price (AED 645K, 6 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 644,551
- Deposit, UAE resident (20%)
- AED 128,910
- Deposit, non-resident (40%)
- AED 257,820
- Monthly over 25 years at 3.7%
- AED 2,637
Plus AED 32,081 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →