702, Murano Residence 1
Sold prices and rental history: sold once, by the developer in December 2016, 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 702, Murano Residence 1
What is 702 worth today?
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Source: Dubai Land Department. Updated 19 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 711 sqft
- Floor
- 7th of 15
- Parking
- B2-213
- Developer
- Murano Properties
- Completed
- 2019
- Service charge
- AED 11,500 /yr
- Last sold
- AED 750K · December 2016
- Building
- Murano Residence 1
About 702, Murano Residence 1
702 is a one-bedroom apartment of 711 sqft on the 7th floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties. The developer sold it on 21 December 2016 for AED 750,000, or AED 1,055 per sqft, in line with the AED 1,050 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 19 October 2025, is AED 60,000 a year: a gross yield of 8.0% on the 2016 price, before the service charge of about AED 11,500 a year.
Sales and rents for 702 over time
702 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 702 sits
All 96 1-beds →702 last sold in December 2016 at AED 1,055 per sqft, in line with what one-beds in Murano Residence 1 were fetching at the time (AED 1,050). 702's AED 60,000 is in the upper 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 7th floor
All 114 units in Murano Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 717 sqft | AED 580KAED 580,000 · Apr 2023April 2023 | 62,000 /yr | |
| 703 | 1-bed | 515 sqft | AED 670KAED 670,000 · Apr 2025April 2025 | 50,000 /yr | |
| 704 | 1-bed | 919 sqft | AED 984KAED 983,984 · Feb 2017February 2017 | 67,000 /yr | |
| 705 | 1-bed | 779 sqft | AED 650KAED 650,000 · Oct 2017October 2017 | 55,000 /yr | |
| 706 | 1-bed | 905 sqft | AED 760KAED 760,000 · May 2024May 2024 | 50,000 /yr | |
| 707 | 2-bed | 1,142 sqft | AED 1.01MAED 1,010,000 · Oct 2020October 2020 | 115,500 /yr | |
| 708 | 1-bed | 590 sqft | AED 667KAED 666,900 · Apr 2016April 2016 | 60,000 /yr |
702, Murano Residence 1 in numbers
- Sold once: by Murano Properties on 21 December 2016 for AED 750,000, or AED 1,055 per sqft.
- Rented since May 2019 on 6 Ejari contracts. The rent fell from AED 43,000 to AED 37,000 in 2021 and recovered to AED 60,000 by October 2025.
- At AED 60,000 a year the gross yield on the 2016 price is 8.0%, before a service charge of about AED 11,500 a year (AED 16.23 per sqft).
Source: Dubai Land Department. Updated 19 October 2025.
Questions about 702, Murano Residence 1
What did unit 702 last sell for?
AED 750,000 on 21 December 2016, sold by the developer: AED 1,055 per sqft for 711 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 60,000 a year on the contract renewed on 19 October 2025. The previous contract, from October 2024, was AED 60,000; the unit has been rented since May 2019.
How big is unit 702?
711 sqft (66.1 sqm): a one-bedroom apartment on the 7th floor of a 15-storey tower completed in 2019.
What is unit 702 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 702, Murano Residence 1
Starts from the last sale price (AED 750K, 21 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →