1512, Al Murad Tower
Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1512, Al Murad Tower
What is 1512 worth today?
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Source: Dubai Land Department. Updated 18 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,296 sqft
- Floor
- 15th of 17
- Parking
- B2-10
- Developer
- Emaar
- Completed
- 2011
- Service charge
- AED 23,600 /yr
- Last sold
- AED 1.1M · May 2023
- Building
- Al Murad Tower
About 1512, Al Murad Tower
1512 is a two-bedroom apartment of 1,296 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 18 May 2023 for AED 1,100,271, or AED 848 per sqft, 11% below the AED 950 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 July 2020, is AED 80,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 23,600 a year.
Sales and rents for 1512 over time
1512 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1512 sits
All 40 2-beds →1512 last sold in May 2023 at AED 848 per sqft, 11% below 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. 1512's AED 80,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jul 202628 July 2026 | 1,349 sqft | 1,590,000 | 1,178 | ||
| 20 Jul 202620 July 2026 | 1,268 sqft | 1,420,000 | 1,120 | ||
| 10 Jul 202610 July 2026 | 1,290 sqft | 1,435,000 | 1,112 | ||
| 12 Mar 202612 March 2026 | 1,277 sqft | 1,470,000 | 1,151 |
Al Murad Tower
Building166 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%
Other units on the 15th floor
All 166 units in Al Murad Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 822 sqft | AED 890KAED 890,000 · Sep 2023September 2023 | 75,000 /yr | |
| 1502 | 1-bed | 788 sqft | AED 906KAED 906,000 · Nov 2026November 2026 | 50,000 /yr | |
| 1503 | 1-bed | 818 sqft | AED 910KAED 910,000 · Oct 2023October 2023 | 79,500 /yr | |
| 1504 | 2-bed | 1,290 sqft | AED 1.25MAED 1,250,000 · Nov 2023November 2023 | 90,000 /yr | |
| 1505 | Studio | 597 sqft | AED 600KAED 600,000 · May 2023May 2023 | 54,000 /yr | |
| 1506 | 1-bed | 836 sqft | AED 1.02MAED 1,020,000 · Jun 2025June 2025 | 76,154 /yr | |
| 1507 | 2-bed | 1,277 sqft | AED 1.09MAED 1,085,000 · Jun 2023June 2023 | 100,000 /yr | |
| 1508 | 1-bed | 818 sqft | AED 870KAED 870,000 · Jul 2023July 2023 | 76,154 /yr | |
| 1509 | 1-bed | 835 sqft | AED 880KAED 880,000 · Sep 2023September 2023 | 76,154 /yr | |
| 1510 | 1-bed | 864 sqft | AED 832KAED 832,000 · Jul 2023July 2023 | 85,000 /yr | |
| 1511 | 1-bed | 818 sqft | AED 835KAED 835,000 · Jul 2023July 2023 | 102,000 /yr |
1512, Al Murad Tower in numbers
- Sold twice: first on 26 March 2017 for AED 1,591,888, last on 18 May 2023 for AED 1,100,271 (AED 848 per sqft).
- Rented since July 2017 on 4 Ejari contracts, from AED 100,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2023 price is 7.3%, 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 18 May 2023.
Questions about 1512, Al Murad Tower
What did unit 1512 last sell for?
AED 1,100,271 on 18 May 2023: AED 848 per sqft for 1,296 sqft. The unit has 2 registered sales; the first was AED 1,591,888 in March 2017.
What is the rent for unit 1512?
AED 80,000 a year on the contract renewed on 1 July 2020. The previous contract, from July 2019, was AED 90,000; the unit has been rented since July 2017.
How big is unit 1512?
1,296 sqft (120.4 sqm): a two-bedroom apartment on the 15th floor of a 17-storey tower completed in 2011.
What is unit 1512 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 1512, Al Murad Tower
Starts from the last sale price (AED 1.1M, 18 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,271
- Deposit, UAE resident (20%)
- AED 220,054
- Deposit, non-resident (40%)
- AED 440,108
- Monthly over 25 years at 3.7%
- AED 4,502
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →