1-bed · 779 sqftMurano Residence 1, Al Furjan · 7th floor · completed 2019

705, Murano Residence 1

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 7 March 2025
Last soldAED 650K23 October 2017
Current rentAED 55K /yr7 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Murano Residence 1

What is 705 worth today?

Last sold for AED 650,000 in 2017

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7 Mar 2025RentedRenewal
AED 55,000/yr12 months · AED 71 per sqft
7 Mar 2024RentedRenewal
AED 48,300/yr12 months · AED 62 per sqft
7 Mar 2023RentedNew contract
AED 46,000/yr12 months · AED 59 per sqft
7 Mar 2022RentedNew contract
AED 42,000/yr12 months · AED 54 per sqft
15 Feb 2020RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft
23 Oct 2017Sold by developerOff-plan
AED 650,000AED 834 per sqft

Source: Dubai Land Department. Updated 7 March 2025.

Key facts

Type
1-bed apartment
Size
779 sqft
Floor
7th of 15
Parking
B2-224
Developer
Murano Properties
Completed
2019
Service charge
AED 12,600 /yr
Last sold
AED 650K · October 2017

About 705, Murano Residence 1

705 is a one-bedroom apartment of 779 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 23 October 2017 for AED 650,000, or AED 834 per sqft, 22% below the AED 1,067 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 7 March 2025, is AED 55,000 a year: a gross yield of 8.5% on the 2017 price, before the service charge of about AED 12,600 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical one-bed in Murano Residence 1
800K2016201920222025Typical 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, October 2017: AED 650,000 (AED 834 per sqft)

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

Rents
Unit 705, 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, February 2020: AED 45,000 a yearNew contract, March 2022: AED 42,000 a yearNew contract, March 2023: AED 46,000 a yearRenewal, March 2024: AED 48,300 a yearRenewal, March 2025: AED 55,000 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 705 sits

All 96 1-beds →

705 last sold in October 2017 at AED 834 per sqft, 22% below what one-beds in Murano Residence 1 were fetching at the time (AED 1,067). 705's AED 55,000 is in the lower 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
7011-bedAED 580K · Apr 2023
7021-bedAED 750K · Dec 2016
7031-bedAED 670K · Apr 2025
7041-bedAED 984K · Feb 2017
7061-bedAED 760K · May 2024
7072-bedAED 1.01M · Oct 2020
7081-bedAED 667K · Apr 2016

705, Murano Residence 1 in numbers

  • Sold once: by Murano Properties on 23 October 2017 for AED 650,000, or AED 834 per sqft.
  • Rented since February 2020 on 5 Ejari contracts, from AED 45,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2017 price is 8.5%, before a service charge of about AED 12,600 a year (AED 16.23 per sqft).

Source: Dubai Land Department. Updated 7 March 2025.

Questions about 705, Murano Residence 1

What did unit 705 last sell for?

AED 650,000 on 23 October 2017, sold by the developer: AED 834 per sqft for 779 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 55,000 a year on the contract renewed on 7 March 2025. The previous contract, from March 2024, was AED 48,300; the unit has been rented since February 2020.

How big is unit 705?

779 sqft (72.4 sqm): a one-bedroom apartment on the 7th floor of a 15-storey tower completed in 2019.

What is unit 705 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 705, Murano Residence 1

Starts from the last sale price (AED 650K, 23 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →