1-bed · 590 sqftMurano Residence 3, Al Furjan · 4th floor

408, Murano Residence 3

Sold prices and rental history: no registered sale, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 27 July 2024
Current rentAED 46K /yr27 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Murano Residence 3

What is 408 worth today?

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27 Jul 2024RentedRenewal
AED 46,200/yr12 months · AED 78 per sqft
27 Jul 2023RentedNew contract
AED 42,000/yr12 months · AED 71 per sqft
10 Jul 2022RentedNew contract
AED 38,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 27 July 2024.

Key facts

Type
1-bed apartment
Size
590 sqft
Floor
4th of 15
Parking
B2-218
Service charge
AED 9,600 /yr
Last sold
No registered sale

About 408, Murano Residence 3

408 is a one-bedroom apartment of 590 sqft on the 4th floor of Murano Residence 3, a 15-storey tower in Al Furjan. No sale of the unit is registered with the Dubai Land Department.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 27 July 2024, is AED 46,200 a year, before the service charge of about AED 9,600 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Murano Residence 3
740K760K780K20202021202220232024Typical sale price by year: 2020 AED 780,000; 2023 AED 738,017

No registered sale of 408; the dashed line is the one-bed median of each year in the building.

Rents
Unit 408, each contractTypical one-bed in Murano Residence 3
40K60K2020202220242026Typical rent by year: 2020 AED 38,000; 2021 AED 66,226; 2022 AED 44,500; 2023 AED 49,350; 2024 AED 54,287; 2025 AED 57,600; 2026 AED 71,500New contract, July 2022: AED 38,000 a yearNew contract, July 2023: AED 42,000 a yearRenewal, July 2024: AED 46,200 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 3, and where 408 sits

All 98 1-beds →

408's AED 46,200 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Oct 2023837,507
18 Oct 2023738,017
18 Oct 2023538,649
26 Oct 2020950,000
0 1-bed sales in the last 12 months

Murano Residence 3

Building

114 apartments, 1-bed to 3-bed over 15 floors in Al Furjan. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 76K /yr
Typical yield
Murano Residence 3, Al Furjan: prices, sales and rents →

Other units on the 4th floor

All 114 units in Murano Residence 3
Value
4011-bedNo registered sale
4021-bedNo registered sale
4031-bedNo registered sale
4041-bedNo registered sale
4051-bedNo registered sale
4061-bedNo registered sale
4072-bedNo registered sale

408, Murano Residence 3 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since July 2022 on 3 Ejari contracts, from AED 38,000 to AED 46,200 a year.

Source: Dubai Land Department. Updated 27 July 2024.

Questions about 408, Murano Residence 3

What is the rent for unit 408?

AED 46,200 a year on the contract renewed on 27 July 2024. The previous contract, from July 2023, was AED 42,000; the unit has been rented since July 2022.

How big is unit 408?

590 sqft (54.8 sqm): a one-bedroom apartment on the 4th floor of a 15-storey tower.

What is unit 408 worth today?

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

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