2-bed · 1,322 sqftAl Murad Tower, Al Barsha First · 10th floor · completed 2011

1012, Al Murad Tower

Sold prices and rental history: sold twice, last in February 2023, and rented once, from August 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1012 · DLD and Ejari recordsUpdated 8 February 2023
Last soldAED 1.37M8 February 2023
Current rentAED 72K /yr18 August 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1012, Al Murad Tower

What is 1012 worth today?

Last sold for AED 1,365,000 in 2023

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8 Feb 2023SoldReady
AED 1,365,000AED 1,032 per sqft
19 Mar 2017Sold by developerReady
AED 1,581,888AED 1,196 per sqft
18 Aug 2013RentedNew contract
AED 72,000/yr5 months · AED 58 per sqft

Source: Dubai Land Department. Updated 8 February 2023.

Key facts

Type
2-bed apartment
Size
1,322 sqft
Floor
10th of 17
Parking
B3-12
Developer
Emaar
Completed
2011
Service charge
AED 24,100 /yr
Last sold
AED 1.37M · February 2023

About 1012, Al Murad Tower

1012 is a two-bedroom apartment of 1,322 sqft on the 10th floor of Al Murad Tower, a 17-storey tower in Al Barsha First completed in 2011 by Emaar. It last sold on 8 February 2023 for AED 1,365,000, or AED 1,032 per sqft, 8% above the AED 953 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 August 2013. The current contract, signed on 18 August 2013, is AED 72,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 24,100 a year.

Sales and rents for 1012 over time

Sales
Unit 1012, each saleTypical two-bed in Al Murad Tower
1.2M1.4M1.6M2017202020232026Typical sale price by year: 2017 AED 1,555,888; 2023 AED 1,175,136; 2024 AED 1,475,000; 2026 AED 1,510,000Sold by developer, March 2017: AED 1,581,888 (AED 1,196 per sqft)Sold, February 2023: AED 1,365,000 (AED 1,032 per sqft)

1012 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1012, each contractTypical two-bed in Al Murad Tower
60K80K100K2013201720212025Typical rent by year: 2013 AED 105,000; 2017 AED 100,000; 2018 AED 90,500; 2019 AED 78,500; 2020 AED 68,000; 2021 AED 61,500; 2022 AED 70,000; 2023 AED 80,000; 2024 AED 85,000; 2025 AED 95,000; 2026 AED 98,000New contract, August 2013: AED 72,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Al Murad Tower, and where 1012 sits

All 40 2-beds →

1012 last sold in February 2023 at AED 1,032 per sqft, 8% above what two-beds in Al Murad Tower were fetching at the time (AED 953). Over the last 12 months two-beds sold for AED 1,420,000 to 1,600,000, around AED 1,165 per sqft, and rent for AED 77,828 to 130,000 a year. 1012's AED 72,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jul 20261,590,000
20 Jul 20261,420,000
10 Jul 20261,435,000
12 Mar 20261,470,000
6 2-bed sales in the last 12 months

Al Murad Tower

Building

166 apartments, studios to 2-bed over 17 floors in Al Barsha First, completed in 2011 by Emaar. 26 sold in the last 12 months.

Typical price per sqft
AED 1,178 Down 3.9%
Typical sale
AED 975K
Typical rent
AED 72K /yr
Typical yield
7.5%
Al Murad Tower, Al Barsha First: prices, sales and rents →

Other units on the 10th floor

All 166 units in Al Murad Tower
Value
10011-bedAED 1.05M · Mar 2017
10021-bedAED 900K · May 2022
10031-bedAED 1.03M · Jan 2020
10042-bedAED 1.6M · Jan 2026
1005StudioAED 872K · Mar 2017
10061-bedAED 1.07M · Mar 2017
10072-bedAED 1.6M · Jan 2025
1–7 of 11

1012, Al Murad Tower in numbers

  • Sold twice: first on 19 March 2017 for AED 1,581,888, last on 8 February 2023 for AED 1,365,000 (AED 1,032 per sqft).
  • Rented since August 2013 on one Ejari contract, at AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 24,100 a year (AED 18.21 per sqft).
  • Two-beds in Al Murad Tower sold for AED 1,420,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,178 per sqft.

Source: Dubai Land Department. Updated 8 February 2023.

Questions about 1012, Al Murad Tower

What did unit 1012 last sell for?

AED 1,365,000 on 8 February 2023: AED 1,032 per sqft for 1,322 sqft. The unit has 2 registered sales; the first was AED 1,581,888 in March 2017.

What is the rent for unit 1012?

AED 72,000 a year on the contract signed on 18 August 2013.

How big is unit 1012?

1,322 sqft (122.8 sqm): a two-bedroom apartment on the 10th floor of a 17-storey tower completed in 2011.

What is unit 1012 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Murad Tower sold for AED 1,420,000 to 1,600,000 in the last 12 months, around AED 1,165 per sqft.

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Mortgage on 1012, Al Murad Tower

Starts from the last sale price (AED 1.37M, 8 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,365,000
Deposit, UAE resident (20%)
AED 273,000
Deposit, non-resident (40%)
AED 546,000
Monthly over 25 years at 3.7%
AED 5,585

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →