408, Murano Residence 1
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Murano Residence 1
What is 408 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 17 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 590 sqft
- Floor
- 4th of 15
- Parking
- B2-218
- Developer
- Murano Properties
- Completed
- 2019
- Service charge
- AED 9,600 /yr
- Last sold
- AED 610K · October 2024
- Building
- Murano Residence 1
About 408, Murano Residence 1
408 is a one-bedroom apartment of 590 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 17 October 2024 for AED 610,000, or AED 1,034 per sqft, 11% above the AED 928 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 6 August 2024, is AED 48,400 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 9,600 a year.
Sales and rents for 408 over time
408 has sold twice; 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 408 sits
All 96 1-beds →408 last sold in October 2024 at AED 1,034 per sqft, 11% above what one-beds in Murano Residence 1 were fetching at the time (AED 928). 408's AED 48,400 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 | ||
| 10 Oct 202410 October 2024 | 515 sqft | 625,000 | 1,214 | ||
| 4 Oct 20244 October 2024 | 515 sqft | 660,000 | 1,282 |
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 | |
| 407 | 2-bed | 1,142 sqft | AED 1.25MAED 1,250,000 · Feb 2025February 2025 | 90,000 /yr |
408, Murano Residence 1 in numbers
- Sold twice: first on 19 March 2018 for AED 650,690, last on 17 October 2024 for AED 610,000 (AED 1,034 per sqft).
- Rented since June 2019 on 5 Ejari contracts, from AED 42,000 to AED 48,400 a year.
- At AED 48,400 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 9,600 a year (AED 16.23 per sqft).
Source: Dubai Land Department. Updated 17 October 2024.
Questions about 408, Murano Residence 1
What did unit 408 last sell for?
AED 610,000 on 17 October 2024: AED 1,034 per sqft for 590 sqft. The unit has 2 registered sales; the first was AED 650,690 in March 2018.
What is the rent for unit 408?
AED 48,400 a year on the contract signed on 6 August 2024. The previous contract, from July 2022, was AED 40,000; the unit has been rented since June 2019.
How big is unit 408?
590 sqft (54.8 sqm): a one-bedroom apartment on the 4th floor of a 15-storey tower completed in 2019.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 408? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 408, Murano Residence 1
Starts from the last sale price (AED 610K, 17 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 610,000
- Deposit, UAE resident (20%)
- AED 122,000
- Deposit, non-resident (40%)
- AED 244,000
- Monthly over 25 years at 3.7%
- AED 2,496
Plus AED 30,630 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →