1207, Murano Residence 1
Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1207, Murano Residence 1
What is 1207 worth today?
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Source: Dubai Land Department. Updated 16 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,143 sqft
- Floor
- 12th of 15
- Parking
- B1-126
- Developer
- Murano Properties
- Completed
- 2019
- Service charge
- AED 18,600 /yr
- Last sold
- AED 950K · November 2023
- Building
- Murano Residence 1
About 1207, Murano Residence 1
1207 is a two-bedroom apartment of 1,143 sqft on the 12th floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties . It last sold on 16 November 2023 for AED 950,000, or AED 830 per sqft.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 15 January 2023, is AED 70,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 18,600 a year.
Sales and rents for 1207 over time
1207 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Murano Residence 1, and where 1207 sits
All 14 2-beds →Over the last 12 months two-beds sold for AED 1,450,000, around AED 1,269 per sqft, and rent for AED 90,000 to 120,000 a year. 1207's AED 70,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 1,142 sqft | 1,450,000 | 1,269 | ||
| 20 Feb 202620 February 2026 | 1,143 sqft | 1,450,000 | 1,268 | ||
| 16 Sep 202516 September 2025 | 1,143 sqft | 1,600,000 | 1,399 | ||
| 20 Mar 202520 March 2025 | 1,141 sqft | 1,300,000 | 1,138 |
Murano Residence 1
Building114 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%
Other units on the 12th floor
All 114 units in Murano Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 719 sqft | AED 749KAED 748,745 · May 2016May 2016 | 60,000 /yr | |
| 1202 | 1-bed | 710 sqft | AED 752KAED 752,405 · May 2016May 2016 | 58,433 /yr | |
| 1203 | 1-bed | 515 sqft | AED 634KAED 634,272 · May 2016May 2016 | 58,000 /yr | |
| 1204 | 1-bed | 920 sqft | AED 966KAED 966,165 · May 2016May 2016 | 65,000 /yr | |
| 1205 | 1-bed | 782 sqft | AED 765KAED 765,252 · May 2016May 2016 | 55,440 /yr | |
| 1206 | 1-bed | 906 sqft | AED 877KAED 877,071 · May 2016May 2016 | 54,600 /yr | |
| 1208 | 1-bed | 590 sqft | AED 727KAED 726,913 · May 2016May 2016 | 35,000 /yr |
1207, Murano Residence 1 in numbers
- Sold twice: first on 22 May 2016 for AED 1,217,084, last on 16 November 2023 for AED 950,000 (AED 830 per sqft).
- Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 64,286 to AED 55,000 in 2021 and recovered to AED 70,000 by January 2023.
- At AED 70,000 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 18,600 a year (AED 16.23 per sqft).
- Two-beds in Murano Residence 1 sold for AED 1,450,000–1,450,000 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 16 November 2023.
Questions about 1207, Murano Residence 1
What did unit 1207 last sell for?
AED 950,000 on 16 November 2023: AED 830 per sqft for 1,143 sqft. The unit has 2 registered sales; the first was AED 1,217,084 in May 2016.
What is the rent for unit 1207?
AED 70,000 a year on the contract signed on 15 January 2023. The previous contract, from September 2022, was AED 70,000; the unit has been rented since February 2019.
How big is unit 1207?
1,143 sqft (106.2 sqm): a two-bedroom apartment on the 12th floor of a 15-storey tower completed in 2019.
What is unit 1207 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Murano Residence 1 sold for AED 1,450,000 to 1,450,000 in the last 12 months, around AED 1,269 per sqft.
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Mortgage on 1207, Murano Residence 1
Starts from the last sale price (AED 950K, 16 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →