1601, Al Murad Tower
Sold prices and rental history: sold 3 times, last in December 2024, 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 1601, Al Murad Tower
What is 1601 worth today?
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Source: Dubai Land Department. Updated 19 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 794 sqft
- Floor
- 16th of 17
- Parking
- B2-09
- Developer
- Emaar
- Completed
- 2011
- Service charge
- AED 14,400 /yr
- Last sold
- AED 920K · December 2024
- Building
- Al Murad Tower
About 1601, Al Murad Tower
1601 is a one-bedroom apartment of 794 sqft on the 16th floor of Al Murad Tower, a 17-storey tower in Al Barsha First completed in 2011 by Emaar. It last sold on 19 December 2024 for AED 920,000, or AED 1,159 per sqft, in line with the AED 1,159 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 62,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 14,400 a year.
Sales and rents for 1601 over time
1601 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Murad Tower, and where 1601 sits
All 109 1-beds →1601 last sold in December 2024 at AED 1,159 per sqft, in line with what one-beds in Al Murad Tower were fetching at the time (AED 1,159). Over the last 12 months one-beds sold for AED 851,150 to 1,100,000, around AED 1,151 per sqft, and rent for AED 50,000 to 102,000 a year. 1601's AED 62,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 788 sqft | 906,000 | 1,149 | ||
| 3 Oct 20263 October 2026 | 779 sqft | 880,000 | 1,129 | ||
| 1 Sep 20261 September 2026 | 849 sqft | 975,000 | 1,148 | ||
| 31 Aug 202631 August 2026 | 847 sqft | 975,000 | 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 16th floor
All 166 units in Al Murad Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 1-bed | 842 sqft | AED 1.09MAED 1,092,888 · Mar 2017March 2017 | ||
| 1603 | 1-bed | 791 sqft | AED 850KAED 850,000 · Aug 2022August 2022 | 55,000 /yr | |
| 1604 | 2-bed | 1,320 sqft | AED 1.25MAED 1,250,000 · Mar 2023March 2023 | 95,000 /yr | |
| 1605 | 1-bed | 839 sqft | AED 920KAED 920,000 · Apr 2024April 2024 | ||
| 1606 | 1-bed | 1,025 sqft | AED 1.2MAED 1,200,000 · May 2024May 2024 | 95,000 /yr | |
| 1607 | 1-bed | 822 sqft | AED 1.09MAED 1,094,888 · Feb 2017February 2017 | 75,000 /yr | |
| 1608 | 1-bed | 809 sqft | AED 1.11MAED 1,105,888 · Mar 2017March 2017 | 70,000 /yr | |
| 1609 | 1-bed | 806 sqft | AED 1.05MAED 1,050,000 · Oct 2025October 2025 | 60,000 /yr | |
| 1610 | 1-bed | 816 sqft | AED 960KAED 960,000 · Jul 2024July 2024 | 65,000 /yr | |
| 1611 | 2-bed | 1,349 sqft | AED 1.59MAED 1,590,000 · Jul 2026July 2026 | 130,000 /yr |
1601, Al Murad Tower in numbers
- Sold 3 times: first on 19 March 2017 for AED 1,085,888, last on 19 December 2024 for AED 920,000 (AED 1,159 per sqft).
- Rented since August 2017 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 40,000 in 2021 and recovered to AED 62,000 by October 2024.
- At AED 62,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 14,400 a year (AED 18.21 per sqft).
- One-beds in Al Murad Tower sold for AED 851,150–1,100,000 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 19 December 2024.
Questions about 1601, Al Murad Tower
What did unit 1601 last sell for?
AED 920,000 on 19 December 2024: AED 1,159 per sqft for 794 sqft. The unit has 3 registered sales; the first was AED 1,085,888 in March 2017.
What is the rent for unit 1601?
AED 62,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 62,000; the unit has been rented since August 2017.
How big is unit 1601?
794 sqft (73.8 sqm): a one-bedroom apartment on the 16th floor of a 17-storey tower completed in 2011.
What is unit 1601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Murad Tower sold for AED 851,150 to 1,100,000 in the last 12 months, around AED 1,151 per sqft.
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Mortgage on 1601, Al Murad Tower
Starts from the last sale price (AED 920K, 19 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 920,000
- Deposit, UAE resident (20%)
- AED 184,000
- Deposit, non-resident (40%)
- AED 368,000
- Monthly over 25 years at 3.7%
- AED 3,764
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →