1-bed · 717 sqftMurano Residence 1, Al Furjan · 7th floor · completed 2019

701, Murano Residence 1

Sold prices and rental history: sold twice, last in April 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 25 August 2025
Last soldAED 580K25 April 2023
Current rentAED 62K /yr25 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Murano Residence 1

What is 701 worth today?

Last sold for AED 580,000 in 2023

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25 Aug 2025RentedRenewal
AED 62,000/yr12 months · AED 86 per sqft
25 Aug 2024RentedNew contract
AED 62,000/yr12 months · AED 86 per sqft
27 May 2023RentedNew contract
AED 52,000/yr12 months · AED 72 per sqft
25 Apr 2023SoldReady
AED 580,000AED 808 per sqft
22 Jul 2019Sold by developerReady
AED 650,000AED 906 per sqft

Source: Dubai Land Department. Updated 25 August 2025.

Key facts

Type
1-bed apartment
Size
717 sqft
Floor
7th of 15
Parking
B2-211
Developer
Murano Properties
Completed
2019
Service charge
AED 11,600 /yr
Last sold
AED 580K · April 2023

About 701, Murano Residence 1

701 is a one-bedroom apartment of 717 sqft on the 7th floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties. It last sold on 25 April 2023 for AED 580,000, or AED 808 per sqft, 6% below the AED 858 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 25 August 2025, is AED 62,000 a year: a gross yield of 10.7% on the 2023 price, before the service charge of about AED 11,600 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical one-bed in Murano Residence 1
600K800K2016201920222025Typical sale price by year: 2016 AED 752,252; 2017 AED 650,000; 2018 AED 738,643; 2019 AED 650,000; 2021 AED 903,500; 2022 AED 675,000; 2023 AED 680,000; 2024 AED 737,500Sold by developer, July 2019: AED 650,000 (AED 906 per sqft)Sold, April 2023: AED 580,000 (AED 808 per sqft)

701 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 701, each contractTypical one-bed in Murano Residence 1
40K50K60K20192021202320252027Typical rent by year: 2019 AED 48,065; 2020 AED 44,000; 2021 AED 40,000; 2022 AED 42,000; 2023 AED 49,000; 2024 AED 59,500; 2025 AED 60,000; 2026 AED 61,000New contract, May 2023: AED 52,000 a yearNew contract, August 2024: AED 62,000 a yearRenewal, August 2025: AED 62,000 a year

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 701 sits

All 96 1-beds →

701 last sold in April 2023 at AED 808 per sqft, 6% below what one-beds in Murano Residence 1 were fetching at the time (AED 858). 701's AED 62,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Jul 2025750,000
29 Apr 2025670,000
17 Oct 2024610,000
10 Oct 2024625,000
0 1-bed sales in the last 12 months

Murano Residence 1

Building

114 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
Murano Residence 1, Al Furjan: prices, sales and rents →

Other units on the 7th floor

All 114 units in Murano Residence 1
Value
7021-bedAED 750K · Dec 2016
7031-bedAED 670K · Apr 2025
7041-bedAED 984K · Feb 2017
7051-bedAED 650K · Oct 2017
7061-bedAED 760K · May 2024
7072-bedAED 1.01M · Oct 2020
7081-bedAED 667K · Apr 2016

701, Murano Residence 1 in numbers

  • Sold twice: first on 22 July 2019 for AED 650,000, last on 25 April 2023 for AED 580,000 (AED 808 per sqft).
  • Rented since May 2023 on 3 Ejari contracts, from AED 52,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2023 price is 10.7%, before a service charge of about AED 11,600 a year (AED 16.23 per sqft).

Source: Dubai Land Department. Updated 25 August 2025.

Questions about 701, Murano Residence 1

What did unit 701 last sell for?

AED 580,000 on 25 April 2023: AED 808 per sqft for 717 sqft. The unit has 2 registered sales; the first was AED 650,000 in July 2019.

What is the rent for unit 701?

AED 62,000 a year on the contract renewed on 25 August 2025. The previous contract, from August 2024, was AED 62,000; the unit has been rented since May 2023.

How big is unit 701?

717 sqft (66.6 sqm): a one-bedroom apartment on the 7th floor of a 15-storey tower completed in 2019.

What is unit 701 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 701, Murano Residence 1

Starts from the last sale price (AED 580K, 25 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

Plus AED 29,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →