1603, Al Murad Tower
Sold prices and rental history: sold twice, last in August 2022, 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 1603, Al Murad Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 22 August 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 791 sqft
- Floor
- 16th of 17
- Parking
- B2-07
- Developer
- Emaar
- Completed
- 2011
- Service charge
- AED 14,400 /yr
- Last sold
- AED 850K · August 2022
- Building
- Al Murad Tower
About 1603, Al Murad Tower
1603 is a one-bedroom apartment of 791 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 22 August 2022 for AED 850,000, or AED 1,074 per sqft, in line with the AED 1,069 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 6 November 2021, is AED 55,000 a year: a gross yield of 6.5% on the 2022 price, before the service charge of about AED 14,400 a year.
Sales and rents for 1603 over time
1603 has sold twice; 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 1603 sits
All 109 1-beds →1603 last sold in August 2022 at AED 1,074 per sqft, in line with what one-beds in Al Murad Tower were fetching at the time (AED 1,069). 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. 1603's AED 55,000 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 | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 794 sqft | AED 920KAED 920,000 · Dec 2024December 2024 | 62,000 /yr | |
| 1602 | 1-bed | 842 sqft | AED 1.09MAED 1,092,888 · Mar 2017March 2017 | ||
| 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 |
1603, Al Murad Tower in numbers
- Sold twice: first on 19 March 2017 for AED 1,082,888, last on 22 August 2022 for AED 850,000 (AED 1,074 per sqft).
- Rented since April 2017 on 4 Ejari contracts, from AED 75,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2022 price is 6.5%, 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 22 August 2022.
Questions about 1603, Al Murad Tower
What did unit 1603 last sell for?
AED 850,000 on 22 August 2022: AED 1,074 per sqft for 791 sqft. The unit has 2 registered sales; the first was AED 1,082,888 in March 2017.
What is the rent for unit 1603?
AED 55,000 a year on the contract signed on 6 November 2021. The previous contract, from November 2020, was AED 55,000; the unit has been rented since April 2017.
How big is unit 1603?
791 sqft (73.5 sqm): a one-bedroom apartment on the 16th floor of a 17-storey tower completed in 2011.
What is unit 1603 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 1603, Al Murad Tower
Starts from the last sale price (AED 850K, 22 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →