407, Murano Residence 1
Sold prices and rental history: sold twice, last in February 2025, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Murano Residence 1
What is 407 worth today?
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Source: Dubai Land Department. Updated 20 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,142 sqft
- Floor
- 4th of 15
- Parking
- B2-203
- Developer
- Murano Properties
- Completed
- 2019
- Service charge
- AED 18,500 /yr
- Last sold
- AED 1.25M · February 2025
- Building
- Murano Residence 1
About 407, Murano Residence 1
407 is a two-bedroom apartment of 1,142 sqft on the 4th floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties. It last sold on 20 February 2025 for AED 1,250,000, or AED 1,094 per sqft.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 January 2020, is AED 90,000 a year: a gross yield of 7.2% on the 2025 price, before the service charge of about AED 18,500 a year.
Sales and rents for 407 over time
407 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Murano Residence 1, and where 407 sits
All 13 2-beds →| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Mar 202520 March 2025 | 1,141 sqft | 1,300,000 | 1,138 | ||
| 15 Oct 202415 October 2024 | 1,142 sqft | 1,200,000 | 1,050 | ||
| 27 Nov 202327 November 2023 | 1,143 sqft | 1,100,000 | 961 | ||
| 16 Nov 202316 November 2023 | 1,143 sqft | 950,000 | 830 |
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 | |
| 403 | 1-bed | 515 sqft | AED 622KAED 621,700 · Jul 2016July 2016 | 45,000 /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 | |
| 408 | 1-bed | 590 sqft | AED 610KAED 610,000 · Oct 2024October 2024 | 48,400 /yr |
407, Murano Residence 1 in numbers
- Sold twice: first on 18 July 2022 for AED 1,080,000, last on 20 February 2025 for AED 1,250,000 (AED 1,094 per sqft).
- Rented since September 2019 on 2 Ejari contracts, from AED 70,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2025 price is 7.2%, before a service charge of about AED 18,500 a year (AED 16.23 per sqft).
Source: Dubai Land Department. Updated 20 February 2025.
Questions about 407, Murano Residence 1
What did unit 407 last sell for?
AED 1,250,000 on 20 February 2025: AED 1,094 per sqft for 1,142 sqft. The unit has 2 registered sales; the first was AED 1,080,000 in July 2022.
What is the rent for unit 407?
AED 90,000 a year on the contract signed on 1 January 2020. The previous contract, from September 2019, was AED 70,000.
How big is unit 407?
1,142 sqft (106.1 sqm): a two-bedroom apartment on the 4th floor of a 15-storey tower completed in 2019.
What is unit 407 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 407, Murano Residence 1
Starts from the last sale price (AED 1.25M, 20 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →