2-bed · 1,298 sqftAl Murad Tower, Al Barsha First · 14th floor · completed 2011

1412, Al Murad Tower

Sold prices and rental history: sold twice, last in April 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1412 · DLD and Ejari recordsUpdated 11 December 2017
Last soldAED 1.77M27 April 2017
Current rentAED 75K /yr11 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1412, Al Murad Tower

What is 1412 worth today?

Last sold for AED 1,770,000 in 2017

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11 Dec 2017RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
14 May 2017RentedNew contract
AED 129,305/yr12 months · AED 99 per sqft
27 Apr 2017SoldReady
AED 1,770,000AED 1,363 per sqft
16 Mar 2017Sold by developerReady
AED 1,616,888AED 1,245 per sqft
1 Aug 2014RentedRenewal
AED 115,500/yr12 months · AED 92 per sqft
1 Aug 2013RentedNew contract
AED 105,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 11 December 2017.

Key facts

Type
2-bed apartment
Size
1,298 sqft
Floor
14th of 17
Parking
B2-22
Developer
Emaar
Completed
2011
Service charge
AED 23,600 /yr
Last sold
AED 1.77M · April 2017

About 1412, Al Murad Tower

1412 is a two-bedroom apartment of 1,298 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 27 April 2017 for AED 1,770,000, or AED 1,363 per sqft, 11% above the AED 1,231 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 11 December 2017, is AED 75,000 a year: a gross yield of 4.2% on the 2017 price, before the service charge of about AED 23,600 a year.

Sales and rents for 1412 over time

Sales
Unit 1412, each saleTypical two-bed in Al Murad Tower
1.5M2017202020232026Typical 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 1,616,888 (AED 1,245 per sqft)Sold, April 2017: AED 1,770,000 (AED 1,363 per sqft)

1412 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1412, each contractTypical two-bed in Al Murad Tower
50K100K2013201720212025Typical 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 105,000 a yearRenewal, August 2014: AED 115,500 a yearNew contract, May 2017: AED 129,305 a yearNew contract, December 2017: AED 75,000 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 1412 sits

All 40 2-beds →

1412 last sold in April 2017 at AED 1,363 per sqft, 11% above what two-beds in Al Murad Tower were fetching at the time (AED 1,231). 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. 1412's AED 75,000 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 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
14042-bedAED 1.64M · Nov 2024
1405StudioAED 879K · Mar 2017
14061-bedAED 1.08M · Mar 2017
14072-bedAED 1.58M · Mar 2017
1–7 of 11

1412, Al Murad Tower in numbers

  • Sold twice: first on 16 March 2017 for AED 1,616,888, last on 27 April 2017 for AED 1,770,000 (AED 1,363 per sqft).
  • Rented since August 2013 on 4 Ejari contracts, from AED 105,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2017 price is 4.2%, before a service charge of about AED 23,600 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 11 December 2017.

Questions about 1412, Al Murad Tower

What did unit 1412 last sell for?

AED 1,770,000 on 27 April 2017: AED 1,363 per sqft for 1,298 sqft. The unit has 2 registered sales; the first was AED 1,616,888 in March 2017.

What is the rent for unit 1412?

AED 75,000 a year on the contract signed on 11 December 2017. The previous contract, from May 2017, was AED 129,305; the unit has been rented since August 2013.

How big is unit 1412?

1,298 sqft (120.6 sqm): a two-bedroom apartment on the 14th floor of a 17-storey tower completed in 2011.

What is unit 1412 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 1412, Al Murad Tower

Starts from the last sale price (AED 1.77M, 27 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,770,000
Deposit, UAE resident (20%)
AED 354,000
Deposit, non-resident (40%)
AED 708,000
Monthly over 25 years at 3.7%
AED 7,242

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