
307, Murano Residence 1
Sold prices and rental history: sold 3 times, last in October 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Murano Residence 1
What is 307 worth today?
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Source: Dubai Land Department. Updated 15 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,142 sqft
- Floor
- 3rd of 15
- Parking
- B2-202
- Developer
- Murano Properties
- Completed
- 2019
- Service charge
- AED 18,500 /yr
- Last sold
- AED 1.2M · October 2024
- Building
- Murano Residence 1
About 307, Murano Residence 1
307 is a two-bedroom apartment of 1,142 sqft on the 3rd floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties . It last sold on 15 October 2024 for AED 1,200,000, or AED 1,050 per sqft, 17% above the AED 901 two-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 18 June 2021, is AED 59,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 18,500 a year.
Sales and rents for 307 over time
307 has sold 3 times; 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 307 sits
All 14 2-beds →307 last sold in October 2024 at AED 1,050 per sqft, 17% above what two-beds in Murano Residence 1 were fetching at the time (AED 901). 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. 307's AED 59,000 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 3rd floor
All 114 units in Murano Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 717 sqft | AED 680KAED 680,000 · Jul 2023July 2023 | 60,000 /yr | |
| 302 | 1-bed | 711 sqft | AED 689KAED 689,270 · Dec 2016December 2016 | ||
| 303 | 1-bed | 515 sqft | AED 520KAED 520,000 · Sep 2023September 2023 | 55,000 /yr | |
| 304 | 1-bed | 919 sqft | AED 1.16MAED 1,160,000 · Jul 2021July 2021 | 47,500 /yr | |
| 305 | 1-bed | 779 sqft | AED 670KAED 670,000 · Jul 2022July 2022 | 55,833 /yr | |
| 306 | 1-bed | 905 sqft | AED 1.15MAED 1,150,000 · Oct 2021October 2021 | 80,216 /yr | |
| 308 | 1-bed | 590 sqft | AED 645KAED 644,551 · Jun 2017June 2017 | 60,000 /yr |
307, Murano Residence 1 in numbers
- Sold 3 times: first on 22 September 2016 for AED 1,198,686, last on 15 October 2024 for AED 1,200,000 (AED 1,050 per sqft).
- Rented since May 2019 on 3 Ejari contracts, from AED 67,000 to AED 59,000 a year.
- At AED 59,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 18,500 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 15 October 2024.
Questions about 307, Murano Residence 1
What did unit 307 last sell for?
AED 1,200,000 on 15 October 2024: AED 1,050 per sqft for 1,142 sqft. The unit has 3 registered sales; the first was AED 1,198,686 in September 2016.
What is the rent for unit 307?
AED 59,000 a year on the contract renewed on 18 June 2021. The previous contract, from June 2020, was AED 67,000; the unit has been rented since May 2019.
How big is unit 307?
1,142 sqft (106.1 sqm): a two-bedroom apartment on the 3rd floor of a 15-storey tower completed in 2019.
What is unit 307 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 307, Murano Residence 1
Starts from the last sale price (AED 1.2M, 15 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →