1-bed · 920 sqftMurano Residence 1, Al Furjan · 11th floor · completed 2019

1104, Murano Residence 1

Sold prices and rental history: sold twice, last in September 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 19 September 2024
Last soldAED 1M19 September 2024
Current rentAED 62K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, Murano Residence 1

What is 1104 worth today?

Last sold for AED 1,000,000 in 2024

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19 Sep 2024SoldReady
AED 1,000,000AED 1,087 per sqft
1 Jun 2023RentedNew contract
AED 62,000/yr12 months · AED 67 per sqft
1 Jul 2021RentedNew contract
AED 65,000/yr12 months · AED 71 per sqft
18 Nov 2019RentedNew contract
AED 60,000/yr12 months · AED 65 per sqft
22 May 2016Sold by developerOff-plan
AED 958,440AED 1,042 per sqft

Source: Dubai Land Department. Updated 19 September 2024.

Key facts

Type
1-bed apartment
Size
920 sqft
Floor
11th of 15
Parking
B1-123
Developer
Murano Properties
Completed
2019
Service charge
AED 14,900 /yr
Last sold
AED 1M · September 2024

About 1104, Murano Residence 1

1104 is a one-bedroom apartment of 920 sqft on the 11th floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties . It last sold on 19 September 2024 for AED 1,000,000, or AED 1,087 per sqft, 20% above the AED 907 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 June 2023, is AED 62,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 14,900 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, each saleTypical one-bed in Murano Residence 1
500K1M2016201920222025Typical sale price by year: 2016 AED 752,252; 2017 AED 650,000; 2018 AED 738,643; 2019 AED 650,000; 2020 AED 425,000; 2021 AED 903,500; 2022 AED 675,000; 2023 AED 680,000; 2024 AED 737,500; 2025 AED 710,000; 2026 AED 775,000Sold by developer, May 2016: AED 958,440 (AED 1,042 per sqft)Sold, September 2024: AED 1,000,000 (AED 1,087 per sqft)

1104 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1104, each contractTypical one-bed in Murano Residence 1
40K60K20192021202320252027Typical rent by year: 2019 AED 48,000; 2020 AED 43,000; 2021 AED 40,000; 2022 AED 42,000; 2023 AED 47,750; 2024 AED 58,000; 2025 AED 60,000; 2026 AED 60,000New contract, November 2019: AED 60,000 a yearNew contract, July 2021: AED 65,000 a yearNew contract, June 2023: AED 62,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Murano Residence 1, and where 1104 sits

All 98 1-beds →

1104 last sold in September 2024 at AED 1,087 per sqft, 20% above what one-beds in Murano Residence 1 were fetching at the time (AED 907). Over the last 12 months one-beds sold for AED 700,000 to 800,000, around AED 915 per sqft, and rent for AED 40,000 to 87,000 a year. 1104's AED 62,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 2026775,000
23 Oct 2026775,000
28 Sep 2026800,000
19 Sep 2026700,000
4 1-bed sales in the last 12 months

Murano Residence 1

Building

114 apartments, 1-bed to 3-bed over 15 floors in Al Furjan, completed in 2019 by Murano Properties . 6 sold in the last 12 months.

Typical price per sqft
AED 1,045
Typical sale
AED 788K
Typical rent
AED 62K /yr
Typical yield
8.6%
Murano Residence 1, Al Furjan: prices, sales and rents →

Other units on the 11th floor

All 114 units in Murano Residence 1
Value
11011-bedAED 743K · May 2016
11021-bedAED 747K · May 2016
11031-bedAED 629K · May 2016
11051-bedAED 760K · May 2016
11061-bedAED 871K · May 2016
11072-bedAED 1.21M · May 2016
11081-bedAED 722K · May 2016

1104, Murano Residence 1 in numbers

  • Sold twice: first on 22 May 2016 for AED 958,440, last on 19 September 2024 for AED 1,000,000 (AED 1,087 per sqft).
  • Rented since November 2019 on 3 Ejari contracts, from AED 60,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 14,900 a year (AED 16.23 per sqft).
  • One-beds in Murano Residence 1 sold for AED 700,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 1,045 per sqft.

Source: Dubai Land Department. Updated 19 September 2024.

Questions about 1104, Murano Residence 1

What did unit 1104 last sell for?

AED 1,000,000 on 19 September 2024: AED 1,087 per sqft for 920 sqft. The unit has 2 registered sales; the first was AED 958,440 in May 2016.

What is the rent for unit 1104?

AED 62,000 a year on the contract signed on 1 June 2023. The previous contract, from July 2021, was AED 65,000; the unit has been rented since November 2019.

How big is unit 1104?

920 sqft (85.5 sqm): a one-bedroom apartment on the 11th floor of a 15-storey tower completed in 2019.

What is unit 1104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Murano Residence 1 sold for AED 700,000 to 800,000 in the last 12 months, around AED 915 per sqft.

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Mortgage on 1104, Murano Residence 1

Starts from the last sale price (AED 1M, 19 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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