708, Murano Residence 1
Sold prices and rental history: sold once, by the developer in April 2016, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Murano Residence 1
What is 708 worth today?
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Source: Dubai Land Department. Updated 14 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 590 sqft
- Floor
- 7th of 15
- Parking
- P20
- Developer
- Murano Properties
- Completed
- 2019
- Service charge
- AED 9,600 /yr
- Last sold
- AED 667K · April 2016
- Building
- Murano Residence 1
About 708, Murano Residence 1
708 is a one-bedroom apartment of 590 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 26 April 2016 for AED 666,900, or AED 1,130 per sqft.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 14 December 2024, is AED 60,000 a year: a gross yield of 9.0% on the 2016 price, before the service charge of about AED 9,600 a year.
Sales and rents for 708 over time
708 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 708 sits
All 96 1-beds →708'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 | |
| 702 | 1-bed | 711 sqft | AED 750KAED 750,000 · Dec 2016December 2016 | 60,000 /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, Murano Residence 1 in numbers
- Sold once: by Murano Properties on 26 April 2016 for AED 666,900, or AED 1,130 per sqft.
- Rented since February 2020 on 3 Ejari contracts, from AED 40,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2016 price is 9.0%, before a service charge of about AED 9,600 a year (AED 16.23 per sqft).
Source: Dubai Land Department. Updated 14 December 2024.
Questions about 708, Murano Residence 1
What did unit 708 last sell for?
AED 666,900 on 26 April 2016, sold by the developer: AED 1,130 per sqft for 590 sqft. It is the only registered sale of the unit.
What is the rent for unit 708?
AED 60,000 a year on the contract signed on 14 December 2024. The previous contract, from October 2023, was AED 40,700; the unit has been rented since February 2020.
How big is unit 708?
590 sqft (54.8 sqm): a one-bedroom apartment on the 7th floor of a 15-storey tower completed in 2019.
What is unit 708 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 708, Murano Residence 1
Starts from the last sale price (AED 667K, 26 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 666,900
- Deposit, UAE resident (20%)
- AED 133,380
- Deposit, non-resident (40%)
- AED 266,760
- Monthly over 25 years at 3.7%
- AED 2,728
Plus AED 33,020 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →