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1-bed · 527 sqftMurano Residence 1, Al Furjan · 2nd floor · completed 2019

203, Murano Residence 1

Sold prices and rental history: sold once, by the developer in March 2017, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 19 November 2020
Last soldAED 621K8 March 2017
Current rentAED 40K /yr19 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Murano Residence 1

What is 203 worth today?

Last sold for AED 621,400 in 2017

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19 Nov 2020RentedNew contract
AED 40,000/yr6 months · AED 76 per sqft
8 Mar 2017Sold by developerOff-plan
AED 621,400AED 1,179 per sqft

Source: Dubai Land Department. Updated 19 November 2020.

Key facts

Type
1-bed apartment
Size
527 sqft
Floor
2nd of 15
Parking
B2-237
Developer
Murano Properties
Completed
2019
Service charge
AED 8,500 /yr
Last sold
AED 621K · March 2017
Building
Murano Residence 1

About 203, Murano Residence 1

203 is a one-bedroom apartment of 527 sqft on the 2nd floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties . The developer sold it on 8 March 2017 for AED 621,400, or AED 1,179 per sqft, 12% above the AED 1,057 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 November 2020. The current contract, signed on 19 November 2020, is AED 40,000 a year: a gross yield of 6.4% on the 2017 price, before the service charge of about AED 8,500 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in Murano Residence 1
500K750K2016201920222025Typical 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, March 2017: AED 621,400 (AED 1,179 per sqft)

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

Rents
Unit 203, each contractTypical one-bed in Murano Residence 1
40K50K60K20192021202320252027Typical 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 2020: AED 40,000 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 203 sits

All 98 1-beds →

203 last sold in March 2017 at AED 1,179 per sqft, 12% above what one-beds in Murano Residence 1 were fetching at the time (AED 1,057). 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. 203's AED 40,000 is at the bottom 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 2nd floor

All 114 units in Murano Residence 1
Value
2011-bedAED 680K · Oct 2023
2021-bedAED 741K · Oct 2016
2041-bedAED 810K · Jul 2023
2051-bedAED 645K · Jan 2024
2061-bedAED 760K · Sep 2022
2072-bedAED 1.3M · Mar 2025
2081-bedAED 750K · Jul 2025

203, Murano Residence 1 in numbers

  • Sold once: by Murano Properties on 8 March 2017 for AED 621,400, or AED 1,179 per sqft.
  • Rented since November 2020 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2017 price is 6.4%, before a service charge of about AED 8,500 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 November 2020.

Questions about 203, Murano Residence 1

What did unit 203 last sell for?

AED 621,400 on 8 March 2017, sold by the developer: AED 1,179 per sqft for 527 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 40,000 a year on the contract signed on 19 November 2020.

How big is unit 203?

527 sqft (49.0 sqm): a one-bedroom apartment on the 2nd floor of a 15-storey tower completed in 2019.

What is unit 203 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 203, Murano Residence 1

Starts from the last sale price (AED 621K, 8 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 621,400
Deposit, UAE resident (20%)
AED 124,280
Deposit, non-resident (40%)
AED 248,560
Monthly over 25 years at 3.7%
AED 2,542

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