2-bed · 1,290 sqftAl Murad Tower, Al Barsha First · 15th floor · completed 2011

1504, Al Murad Tower

Sold prices and rental history: sold 3 times, last in November 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 7 November 2023
Last soldAED 1.25M7 November 2023
Current rentAED 90K /yr1 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Al Murad Tower

What is 1504 worth today?

Last sold for AED 1,250,000 in 2023

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7 Nov 2023SoldReady
AED 1,250,000AED 968 per sqft
6 Jul 2023SoldReady
AED 1,000,000AED 774 per sqft
1 Aug 2018RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft
3 Aug 2017RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
20 Mar 2017Sold by developerReady
AED 1,612,888AED 1,249 per sqft

Source: Dubai Land Department. Updated 7 November 2023.

Key facts

Type
2-bed apartment
Size
1,290 sqft
Floor
15th of 17
Parking
B2-18
Developer
Emaar
Completed
2011
Service charge
AED 23,500 /yr
Last sold
AED 1.25M · November 2023

About 1504, Al Murad Tower

1504 is a two-bedroom apartment of 1,290 sqft on the 15th floor of Al Murad Tower, a 17-storey tower in Al Barsha First completed in 2011 by Emaar. It last sold on 7 November 2023 for AED 1,250,000, or AED 968 per sqft, in line with the AED 950 two-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 1 August 2018, is AED 90,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 23,500 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical two-bed in Al Murad Tower
1M1.5M2017202020232026Typical 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 1,612,888 (AED 1,249 per sqft)Sold, July 2023: AED 1,000,000 (AED 774 per sqft)Sold, November 2023: AED 1,250,000 (AED 968 per sqft)

1504 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1504, 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 2017: AED 100,000 a yearNew contract, August 2018: AED 90,000 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 1504 sits

All 40 2-beds →

1504 last sold in November 2023 at AED 968 per sqft, in line with what two-beds in Al Murad Tower were fetching at the time (AED 950). 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. 1504's AED 90,000 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 15th floor

All 166 units in Al Murad Tower
Value
15011-bedAED 890K · Sep 2023
15021-bedAED 906K · Nov 2026
15031-bedAED 910K · Oct 2023
1505StudioAED 600K · May 2023
15061-bedAED 1.02M · Jun 2025
15072-bedAED 1.09M · Jun 2023
15081-bedAED 870K · Jul 2023
1–7 of 11

1504, Al Murad Tower in numbers

  • Sold 3 times: first on 20 March 2017 for AED 1,612,888, last on 7 November 2023 for AED 1,250,000 (AED 968 per sqft).
  • Rented since August 2017 on 2 Ejari contracts, from AED 100,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 23,500 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 7 November 2023.

Questions about 1504, Al Murad Tower

What did unit 1504 last sell for?

AED 1,250,000 on 7 November 2023: AED 968 per sqft for 1,290 sqft. The unit has 3 registered sales; the first was AED 1,612,888 in March 2017.

What is the rent for unit 1504?

AED 90,000 a year on the contract signed on 1 August 2018. The previous contract, from August 2017, was AED 100,000.

How big is unit 1504?

1,290 sqft (119.8 sqm): a two-bedroom apartment on the 15th floor of a 17-storey tower completed in 2011.

What is unit 1504 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 1504, Al Murad Tower

Starts from the last sale price (AED 1.25M, 7 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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