2-bed · 1,243 sqftAl Murad Tower, Al Barsha First · 7th floor · completed 2011

709, Al Murad Tower

Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 5 December 2024
Last soldAED 1.54M19 March 2017
Current rentAED 83K /yr5 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Al Murad Tower

What is 709 worth today?

Last sold for AED 1,540,888 in 2017

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5 Dec 2024RentedRenewal
AED 82,687/yr12 months · AED 67 per sqft
5 Dec 2023RentedRenewal
AED 78,750/yr12 months · AED 64 per sqft
5 Dec 2022RentedNew contract
AED 75,000/yr12 months · AED 61 per sqft
1 Nov 2021RentedNew contract
AED 60,000/yr12 months · AED 48 per sqft
1 Sep 2020RentedRenewal
AED 75,000/yr13 months · AED 61 per sqft
1 Aug 2019RentedNew contract
AED 85,000/yr13 months · AED 69 per sqft
5 Jun 2018RentedRenewal
AED 105,000/yr12 months · AED 85 per sqft
5 Jun 2017RentedNew contract
AED 105,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 5 December 2024.

Key facts

Type
2-bed apartment
Size
1,243 sqft
Floor
7th of 17
Parking
P1-05
Developer
Emaar
Completed
2011
Service charge
AED 22,600 /yr
Last sold
AED 1.54M · March 2017

About 709, Al Murad Tower

709 is a two-bedroom apartment of 1,243 sqft on the 7th floor of Al Murad Tower, a 17-storey tower in Al Barsha First completed in 2011 by Emaar. The developer sold it on 19 March 2017 for AED 1,540,888, or AED 1,239 per sqft, in line with the AED 1,231 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 5 December 2024, is AED 82,687 a year: a gross yield of 5.4% on the 2017 price, before the service charge of about AED 22,600 a year.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical two-bed in Al Murad Tower
1.2M1.4M1.6M2017202020232026Typical 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 1,540,888 (AED 1,239 per sqft)

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

Rents
Unit 709, each contractTypical two-bed in Al Murad Tower
75K100K2013201720212025Typical 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, June 2017: AED 105,000 a yearRenewal, June 2018: AED 105,000 a yearNew contract, August 2019: AED 85,000 a yearRenewal, September 2020: AED 75,000 a yearNew contract, November 2021: AED 60,000 a yearNew contract, December 2022: AED 75,000 a yearRenewal, December 2023: AED 78,750 a yearRenewal, December 2024: AED 82,687 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 709 sits

All 40 2-beds →

709 last sold in March 2017 at AED 1,239 per sqft, in line with what two-beds in Al Murad Tower were fetching at the time (AED 1,231). 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. 709's AED 82,687 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 7th floor

All 166 units in Al Murad Tower
Value
7012-bedAED 1.53M · Mar 2017
7021-bedAED 1.01M · Mar 2017
7031-bedAED 1.01M · Mar 2017
7041-bedAED 1.03M · Mar 2017
7051-bedAED 1.13M · Apr 2017
706StudioAED 785K · Oct 2017
707StudioAED 828K · Mar 2017
1–7 of 11

709, Al Murad Tower in numbers

  • Sold once: by Emaar on 19 March 2017 for AED 1,540,888, or AED 1,239 per sqft.
  • Rented since June 2017 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2021 and recovered to AED 82,687 by December 2024.
  • At AED 82,687 a year the gross yield on the 2017 price is 5.4%, before a service charge of about AED 22,600 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 5 December 2024.

Questions about 709, Al Murad Tower

What did unit 709 last sell for?

AED 1,540,888 on 19 March 2017, sold by the developer: AED 1,239 per sqft for 1,243 sqft. It is the only registered sale of the unit.

What is the rent for unit 709?

AED 82,687 a year on the contract renewed on 5 December 2024. The previous contract, from December 2023, was AED 78,750; the unit has been rented since June 2017.

How big is unit 709?

1,243 sqft (115.5 sqm): a two-bedroom apartment on the 7th floor of a 17-storey tower completed in 2011.

What is unit 709 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 709, Al Murad Tower

Starts from the last sale price (AED 1.54M, 19 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,540,888
Deposit, UAE resident (20%)
AED 308,178
Deposit, non-resident (40%)
AED 616,355
Monthly over 25 years at 3.7%
AED 6,304

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