1-bed · 515 sqftMurano Residence 1, Al Furjan · 9th floor · completed 2019

903, Murano Residence 1

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

Unit 903 · DLD and Ejari recordsUpdated 29 July 2024
Last soldAED 645K16 January 2017
Current rentAED 50K /yr29 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Murano Residence 1

What is 903 worth today?

Last sold for AED 645,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

29 Jul 2024RentedNew contract
AED 50,000/yr12 months · AED 97 per sqft
23 May 2023RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
1 Apr 2020RentedNew contract
AED 34,000/yr12 months · AED 66 per sqft
16 Jan 2017Sold by developerOff-plan
AED 645,000AED 1,253 per sqft

Source: Dubai Land Department. Updated 29 July 2024.

Key facts

Type
1-bed apartment
Size
515 sqft
Floor
9th of 15
Parking
B1-139
Developer
Murano Properties
Completed
2019
Service charge
AED 8,400 /yr
Last sold
AED 645K · January 2017

About 903, Murano Residence 1

903 is a one-bedroom apartment of 515 sqft on the 9th floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties. The developer sold it on 16 January 2017 for AED 645,000, or AED 1,253 per sqft, 19% above the AED 1,055 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 29 July 2024, is AED 50,000 a year: a gross yield of 7.8% on the 2017 price, before the service charge of about AED 8,400 a year.

Sales and rents for 903 over time

Sales
Unit 903, 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, January 2017: AED 645,000 (AED 1,253 per sqft)

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

Rents
Unit 903, each contractTypical one-bed in Murano Residence 1
40K60K20192021202320252027Typical 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, April 2020: AED 34,000 a yearNew contract, May 2023: AED 45,000 a yearNew contract, July 2024: AED 50,000 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 903 sits

All 96 1-beds →

903 last sold in January 2017 at AED 1,253 per sqft, 19% above what one-beds in Murano Residence 1 were fetching at the time (AED 1,055). 903's AED 50,000 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 63K /yr
Typical yield
Murano Residence 1, Al Furjan: prices, sales and rents →

Other units on the 9th floor

All 114 units in Murano Residence 1
Value
901AED 600K · Sep 2025
902AED 1M · Sep 2025
9041-bedAED 900K · Nov 2016
9051-bedAED 740K · Jun 2024
9061-bedAED 818K · Nov 2016
9072-bedAED 850K · Jun 2022
9081-bedAED 650K · Jan 2019

903, Murano Residence 1 in numbers

  • Sold once: by Murano Properties on 16 January 2017 for AED 645,000, or AED 1,253 per sqft.
  • Rented since April 2020 on 3 Ejari contracts, from AED 34,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2017 price is 7.8%, before a service charge of about AED 8,400 a year (AED 16.23 per sqft).

Source: Dubai Land Department. Updated 29 July 2024.

Questions about 903, Murano Residence 1

What did unit 903 last sell for?

AED 645,000 on 16 January 2017, sold by the developer: AED 1,253 per sqft for 515 sqft. It is the only registered sale of the unit.

What is the rent for unit 903?

AED 50,000 a year on the contract signed on 29 July 2024. The previous contract, from May 2023, was AED 45,000; the unit has been rented since April 2020.

How big is unit 903?

515 sqft (47.8 sqm): a one-bedroom apartment on the 9th floor of a 15-storey tower completed in 2019.

What is unit 903 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 903? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 903, Murano Residence 1

Starts from the last sale price (AED 645K, 16 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 645,000
Deposit, UAE resident (20%)
AED 129,000
Deposit, non-resident (40%)
AED 258,000
Monthly over 25 years at 3.7%
AED 2,639

Plus AED 32,100 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →