403, Murano Residence 1
Sold prices and rental history: sold once, by the developer in July 2016, 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 403, Murano Residence 1
What is 403 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 515 sqft
- Floor
- 4th of 15
- Parking
- B2-219
- Developer
- Murano Properties
- Completed
- 2019
- Service charge
- AED 8,400 /yr
- Last sold
- AED 622K · July 2016
- Building
- Murano Residence 1
About 403, Murano Residence 1
403 is a one-bedroom apartment of 515 sqft on the 4th floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties. The developer sold it on 13 July 2016 for AED 621,700, or AED 1,208 per sqft, 15% above the AED 1,051 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 1 October 2024, is AED 45,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 8,400 a year.
Sales and rents for 403 over time
403 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 403 sits
All 96 1-beds →403 last sold in July 2016 at AED 1,208 per sqft, 15% above what one-beds in Murano Residence 1 were fetching at the time (AED 1,051). 403's AED 45,000 is in the lower 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 4th floor
All 114 units in Murano Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 717 sqft | AED 680KAED 680,292 · Apr 2018April 2018 | 49,928 /yr | |
| 402 | 1-bed | 711 sqft | AED 746KAED 746,337 · Dec 2016December 2016 | 64,000 /yr | |
| 404 | 1-bed | 919 sqft | AED 979KAED 978,541 · Feb 2017February 2017 | 63,000 /yr | |
| 405 | 1-bed | 779 sqft | AED 760KAED 760,410 · Oct 2017October 2017 | 71,000 /yr | |
| 406 | 1-bed | 905 sqft | AED 790KAED 790,000 · Jul 2023July 2023 | 73,000 /yr | |
| 407 | 2-bed | 1,142 sqft | AED 1.25MAED 1,250,000 · Feb 2025February 2025 | 90,000 /yr | |
| 408 | 1-bed | 590 sqft | AED 610KAED 610,000 · Oct 2024October 2024 | 48,400 /yr |
403, Murano Residence 1 in numbers
- Sold once: by Murano Properties on 13 July 2016 for AED 621,700, or AED 1,208 per sqft.
- Rented since August 2020 on 5 Ejari contracts, from AED 33,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2016 price is 7.2%, before a service charge of about AED 8,400 a year (AED 16.23 per sqft).
Source: Dubai Land Department. Updated 1 October 2024.
Questions about 403, Murano Residence 1
What did unit 403 last sell for?
AED 621,700 on 13 July 2016, sold by the developer: AED 1,208 per sqft for 515 sqft. It is the only registered sale of the unit.
What is the rent for unit 403?
AED 45,000 a year on the contract renewed on 1 October 2024. The previous contract, from August 2022, was AED 36,600; the unit has been rented since August 2020.
How big is unit 403?
515 sqft (47.8 sqm): a one-bedroom apartment on the 4th floor of a 15-storey tower completed in 2019.
What is unit 403 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 403, Murano Residence 1
Starts from the last sale price (AED 622K, 13 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 621,700
- Deposit, UAE resident (20%)
- AED 124,340
- Deposit, non-resident (40%)
- AED 248,680
- Monthly over 25 years at 3.7%
- AED 2,544
Plus AED 31,121 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →