2-bed · 1,323 sqftAl Murad Tower, Al Barsha First · 17th floor · completed 2011

1704, Al Murad Tower

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

Unit 1704 · DLD and Ejari recordsUpdated 18 December 2017
Last soldAED 1.63M18 December 2017
Current rentAED 120K /yr9 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Al Murad Tower

What is 1704 worth today?

Last sold for AED 1,625,000 in 2017

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18 Dec 2017SoldReady
AED 1,625,000AED 1,228 per sqft
19 Mar 2017Sold by developerReady
AED 1,661,888AED 1,255 per sqft
9 Sep 2013RentedNew contract
AED 120,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 18 December 2017.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
17th of 17
Parking
B1-09
Developer
Emaar
Completed
2011
Service charge
AED 24,100 /yr
Last sold
AED 1.63M · December 2017

About 1704, Al Murad Tower

1704 is a two-bedroom apartment of 1,323 sqft on the 17th floor of Al Murad Tower, a 17-storey tower in Al Barsha First completed in 2011 by Emaar. It last sold on 18 December 2017 for AED 1,625,000, or AED 1,228 per sqft, in line with the AED 1,232 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 September 2013. The current contract, signed on 9 September 2013, is AED 120,000 a year: a gross yield of 7.4% on the 2017 price, before the service charge of about AED 24,100 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical two-bed in Al Murad Tower
1.25M1.5M2017202020232026Typical 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 1,661,888 (AED 1,255 per sqft)Sold, December 2017: AED 1,625,000 (AED 1,228 per sqft)

1704 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1704, each contractTypical two-bed in Al Murad Tower
100K2013201720212025Typical 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, September 2013: AED 120,000 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 1704 sits

All 40 2-beds →

1704 last sold in December 2017 at AED 1,228 per sqft, in line with what two-beds in Al Murad Tower were fetching at the time (AED 1,232). 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. 1704's AED 120,000 is in the upper 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 17th floor

All 166 units in Al Murad Tower
Value
17011-bedAED 1.09M · Mar 2017
17021-bedAED 1.08M · Mar 2017
17031-bedAED 1.05M · Jun 2025
17051-bedAED 1.12M · Mar 2017
17061-bedAED 1.33M · Mar 2017
17071-bedAED 1.24M · May 2018
17081-bedAED 1.1M · Oct 2023
1–7 of 10

1704, Al Murad Tower in numbers

  • Sold twice: first on 19 March 2017 for AED 1,661,888, last on 18 December 2017 for AED 1,625,000 (AED 1,228 per sqft).
  • Rented since September 2013 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2017 price is 7.4%, before a service charge of about AED 24,100 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 December 2017.

Questions about 1704, Al Murad Tower

What did unit 1704 last sell for?

AED 1,625,000 on 18 December 2017: AED 1,228 per sqft for 1,323 sqft. The unit has 2 registered sales; the first was AED 1,661,888 in March 2017.

What is the rent for unit 1704?

AED 120,000 a year on the contract signed on 9 September 2013.

How big is unit 1704?

1,323 sqft (122.9 sqm): a two-bedroom apartment on the 17th floor of a 17-storey tower completed in 2011.

What is unit 1704 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 1704, Al Murad Tower

Starts from the last sale price (AED 1.63M, 18 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,625,000
Deposit, UAE resident (20%)
AED 325,000
Deposit, non-resident (40%)
AED 650,000
Monthly over 25 years at 3.7%
AED 6,648

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