604, Murano Residence 1
Sold prices and rental history: sold twice, last in April 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 604, Murano Residence 1
What is 604 worth today?
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Source: Dubai Land Department. Updated 16 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 919 sqft
- Floor
- 6th of 15
- Parking
- P17
- Developer
- Murano Properties
- Completed
- 2019
- Service charge
- AED 14,900 /yr
- Last sold
- AED 790K · April 2024
- Building
- Murano Residence 1
About 604, Murano Residence 1
604 is a one-bedroom apartment of 919 sqft on the 6th floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties. It last sold on 16 April 2024 for AED 790,000, or AED 859 per sqft, in line with the AED 884 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 31 August 2023, is AED 55,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 14,900 a year.
Sales and rents for 604 over time
604 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 604 sits
All 96 1-beds →604 last sold in April 2024 at AED 859 per sqft, in line with what one-beds in Murano Residence 1 were fetching at the time (AED 884). 604's AED 55,000 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 6th floor
All 114 units in Murano Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 717 sqft | AED 680KAED 680,000 · Oct 2023October 2023 | 66,990 /yr | |
| 602 | 1-bed | 711 sqft | AED 680KAED 680,000 · Dec 2022December 2022 | 60,324 /yr | |
| 603 | 1-bed | 515 sqft | AED 625KAED 625,000 · Aug 2017August 2017 | 57,000 /yr | |
| 605 | 1-bed | 779 sqft | AED 700KAED 700,000 · Jan 2020January 2020 | 59,000 /yr | |
| 606 | 1-bed | 905 sqft | AED 800KAED 800,000 · Nov 2023November 2023 | 42,462 /yr | |
| 607 | 2-bed | 1,142 sqft | AED 970KAED 970,000 · Sep 2020September 2020 | ||
| 608 | 1-bed | 590 sqft | AED 650KAED 650,000 · Jun 2018June 2018 | 51,000 /yr |
604, Murano Residence 1 in numbers
- Sold twice: first on 9 September 2018 for AED 893,831, last on 16 April 2024 for AED 790,000 (AED 859 per sqft).
- Rented since September 2019 on 4 Ejari contracts, from AED 50,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 14,900 a year (AED 16.23 per sqft).
Source: Dubai Land Department. Updated 16 April 2024.
Questions about 604, Murano Residence 1
What did unit 604 last sell for?
AED 790,000 on 16 April 2024: AED 859 per sqft for 919 sqft. The unit has 2 registered sales; the first was AED 893,831 in September 2018.
What is the rent for unit 604?
AED 55,000 a year on the contract renewed on 31 August 2023. The previous contract, from August 2022, was AED 52,393; the unit has been rented since September 2019.
How big is unit 604?
919 sqft (85.4 sqm): a one-bedroom apartment on the 6th floor of a 15-storey tower completed in 2019.
What is unit 604 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 604, Murano Residence 1
Starts from the last sale price (AED 790K, 16 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 790,000
- Deposit, UAE resident (20%)
- AED 158,000
- Deposit, non-resident (40%)
- AED 316,000
- Monthly over 25 years at 3.7%
- AED 3,232
Plus AED 38,190 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →