2-bed · 1,317 sqftAl Murad Tower, Al Barsha First · 14th floor · completed 2011

1404, Al Murad Tower

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 18 November 2024
Last soldAED 1.64M18 November 2024
Current rentAED 85K /yr11 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Al Murad Tower

What is 1404 worth today?

Last sold for AED 1,640,000 in 2024

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18 Nov 2024SoldReady
AED 1,640,000AED 1,244 per sqft
18 Nov 2024SoldReady
AED 1,640,000AED 1,244 per sqft
11 Jul 2023RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft
15 May 2023RentedRenewal
AED 85,000/yr12 months · AED 65 per sqft
15 May 2022RentedNew contract
AED 75,000/yr12 months · AED 57 per sqft
15 Mar 2021RentedNew contract
AED 65,000/yr12 months · AED 49 per sqft
1 Oct 2019RentedNew contract
AED 77,000/yr12 months · AED 59 per sqft
1 Aug 2018RentedRenewal
AED 110,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 18 November 2024.

Key facts

Type
2-bed apartment
Size
1,317 sqft
Floor
14th of 17
Parking
B2-30
Developer
Emaar
Completed
2011
Service charge
AED 24,000 /yr
Last sold
AED 1.64M · November 2024

About 1404, Al Murad Tower

1404 is a two-bedroom apartment of 1,317 sqft on the 14th floor of Al Murad Tower, a 17-storey tower in Al Barsha First completed in 2011 by Emaar. It last sold on 18 November 2024 for AED 1,640,000, or AED 1,244 per sqft, 15% above the AED 1,083 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 11 July 2023, is AED 85,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 24,000 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, each saleTypical two-bed in Al Murad Tower
1.25M1.5M2017202020232026Typical 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 1,615,888 (AED 1,226 per sqft)Sold, November 2024: AED 1,640,000 (AED 1,244 per sqft)Sold, November 2024: AED 1,640,000 (AED 1,244 per sqft)

1404 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1404, each contractTypical two-bed in Al Murad Tower
100K2013201720212025Typical 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 2017: AED 118,000 a yearRenewal, August 2018: AED 110,000 a yearNew contract, October 2019: AED 77,000 a yearNew contract, March 2021: AED 65,000 a yearNew contract, May 2022: AED 75,000 a yearRenewal, May 2023: AED 85,000 a yearNew contract, July 2023: AED 85,000 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 1404 sits

All 40 2-beds →

1404 last sold in November 2024 at AED 1,244 per sqft, 15% above what two-beds in Al Murad Tower were fetching at the time (AED 1,083). 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. 1404's AED 85,000 is in the lower half 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 14th floor

All 166 units in Al Murad Tower
Value
14011-bedAED 1.06M · Mar 2017
14021-bedAED 1.12M · Aug 2024
14031-bedAED 1.06M · Mar 2017
1405StudioAED 879K · Mar 2017
14061-bedAED 1.08M · Mar 2017
14072-bedAED 1.58M · Mar 2017
14081-bedAED 1.07M · Mar 2017
1–7 of 11

1404, Al Murad Tower in numbers

  • Sold 3 times: first on 19 March 2017 for AED 1,615,888, last on 18 November 2024 for AED 1,640,000 (AED 1,244 per sqft).
  • Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 118,000 to AED 65,000 in 2021 and recovered to AED 85,000 by July 2023.
  • At AED 85,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 24,000 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 18 November 2024.

Questions about 1404, Al Murad Tower

What did unit 1404 last sell for?

AED 1,640,000 on 18 November 2024: AED 1,244 per sqft for 1,317 sqft. The unit has 3 registered sales; the first was AED 1,615,888 in March 2017.

What is the rent for unit 1404?

AED 85,000 a year on the contract signed on 11 July 2023. The previous contract, from May 2023, was AED 85,000; the unit has been rented since August 2017.

How big is unit 1404?

1,317 sqft (122.4 sqm): a two-bedroom apartment on the 14th floor of a 17-storey tower completed in 2011.

What is unit 1404 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 1404, Al Murad Tower

Starts from the last sale price (AED 1.64M, 18 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,640,000
Deposit, UAE resident (20%)
AED 328,000
Deposit, non-resident (40%)
AED 656,000
Monthly over 25 years at 3.7%
AED 6,710

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