1-bed · 779 sqftMurano Residence 1, Al Furjan · 3rd floor · completed 2019

305, Murano Residence 1

Sold prices and rental history: sold once, by the developer in July 2022, and rented once, from March 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 5 July 2022
Last soldAED 670K5 July 2022
Current rentAED 56K /yr1 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Murano Residence 1

What is 305 worth today?

Last sold for AED 670,000 in 2022

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5 Jul 2022Sold by developerReady
AED 670,000AED 859 per sqft
1 Mar 2020RentedNew contract
AED 55,833/yr36 months · AED 72 per sqft

Source: Dubai Land Department. Updated 5 July 2022.

Key facts

Type
1-bed apartment
Size
779 sqft
Floor
3rd of 15
Parking
B2-214
Developer
Murano Properties
Completed
2019
Service charge
AED 12,600 /yr
Last sold
AED 670K · July 2022

About 305, Murano Residence 1

305 is a one-bedroom apartment of 779 sqft on the 3rd floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties . The developer sold it on 5 July 2022 for AED 670,000, or AED 859 per sqft, 19% below the AED 1,066 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2020. The current contract, signed on 1 March 2020, is AED 55,833 a year: a gross yield of 8.3% on the 2022 price, before the service charge of about AED 12,600 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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, July 2022: AED 670,000 (AED 859 per sqft)

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

Rents
Unit 305, 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, March 2020: AED 55,833 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 305 sits

All 98 1-beds →

305 last sold in July 2022 at AED 859 per sqft, 19% below what one-beds in Murano Residence 1 were fetching at the time (AED 1,066). 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. 305's AED 55,833 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 3rd floor

All 114 units in Murano Residence 1
Value
3011-bedAED 680K · Jul 2023
3021-bedAED 689K · Dec 2016
3031-bedAED 520K · Sep 2023
3041-bedAED 1.16M · Jul 2021
3061-bedAED 1.15M · Oct 2021
3072-bedAED 1.2M · Oct 2024
3081-bedAED 645K · Jun 2017

305, Murano Residence 1 in numbers

  • Sold once: by Murano Properties on 5 July 2022 for AED 670,000, or AED 859 per sqft.
  • Rented since March 2020 on one Ejari contract, at AED 55,833 a year.
  • At AED 55,833 a year the gross yield on the 2022 price is 8.3%, before a service charge of about AED 12,600 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 5 July 2022.

Questions about 305, Murano Residence 1

What did unit 305 last sell for?

AED 670,000 on 5 July 2022, sold by the developer: AED 859 per sqft for 779 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 55,833 a year on the contract signed on 1 March 2020.

How big is unit 305?

779 sqft (72.4 sqm): a one-bedroom apartment on the 3rd floor of a 15-storey tower completed in 2019.

What is unit 305 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 305, Murano Residence 1

Starts from the last sale price (AED 670K, 5 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 670,000
Deposit, UAE resident (20%)
AED 134,000
Deposit, non-resident (40%)
AED 268,000
Monthly over 25 years at 3.7%
AED 2,741

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