1-bed · 590 sqftMurano Residence 1, Al Furjan · 3rd floor · completed 2019

308, Murano Residence 1

Sold prices and rental history: sold once, by the developer in June 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 13 January 2025
Last soldAED 645K6 June 2017
Current rentAED 60K /yr13 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Murano Residence 1

What is 308 worth today?

Last sold for AED 644,551 in 2017

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13 Jan 2025RentedNew contract
AED 60,000/yr12 months · AED 101 per sqft
13 Jan 2025RentedNew contract
AED 60,000/yr12 months · AED 101 per sqft
10 Nov 2023RentedNew contract
AED 50,000/yr12 months · AED 84 per sqft
15 Oct 2021RentedRenewal
AED 38,000/yr12 months · AED 64 per sqft
15 Oct 2020RentedRenewal
AED 38,000/yr12 months · AED 64 per sqft
15 Oct 2019RentedNew contract
AED 40,000/yr12 months · AED 68 per sqft
6 Jun 2017Sold by developerOff-plan
AED 644,551AED 1,092 per sqft

Source: Dubai Land Department. Updated 13 January 2025.

Key facts

Type
1-bed apartment
Size
590 sqft
Floor
3rd of 15
Parking
B2-232
Developer
Murano Properties
Completed
2019
Service charge
AED 9,600 /yr
Last sold
AED 645K · June 2017

About 308, Murano Residence 1

308 is a one-bedroom apartment of 590 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 6 June 2017 for AED 644,551, or AED 1,092 per sqft, in line with the AED 1,066 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 13 January 2025, is AED 60,000 a year: a gross yield of 9.3% on the 2017 price, before the service charge of about AED 9,600 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, June 2017: AED 644,551 (AED 1,092 per sqft)

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

Rents
Unit 308, 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, October 2019: AED 40,000 a yearRenewal, October 2020: AED 38,000 a yearRenewal, October 2021: AED 38,000 a yearNew contract, November 2023: AED 50,000 a yearNew contract, January 2025: AED 60,000 a yearNew contract, January 2025: AED 60,000 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 308 sits

All 98 1-beds →

308 last sold in June 2017 at AED 1,092 per sqft, in line with 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. 308's AED 60,000 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 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
3051-bedAED 670K · Jul 2022
3061-bedAED 1.15M · Oct 2021
3072-bedAED 1.2M · Oct 2024

308, Murano Residence 1 in numbers

  • Sold once: by Murano Properties on 6 June 2017 for AED 644,551, or AED 1,092 per sqft.
  • Rented since October 2019 on 6 Ejari contracts, from AED 40,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2017 price is 9.3%, before a service charge of about AED 9,600 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 13 January 2025.

Questions about 308, Murano Residence 1

What did unit 308 last sell for?

AED 644,551 on 6 June 2017, sold by the developer: AED 1,092 per sqft for 590 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 60,000 a year on the contract signed on 13 January 2025. The previous contract, from January 2025, was AED 60,000; the unit has been rented since October 2019.

How big is unit 308?

590 sqft (54.8 sqm): a one-bedroom apartment on the 3rd floor of a 15-storey tower completed in 2019.

What is unit 308 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 308, Murano Residence 1

Starts from the last sale price (AED 645K, 6 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 644,551
Deposit, UAE resident (20%)
AED 128,910
Deposit, non-resident (40%)
AED 257,820
Monthly over 25 years at 3.7%
AED 2,637

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