2-bed · 1,142 sqftMurano Residence 1, Al Furjan · 4th floor · completed 2019

407, Murano Residence 1

Sold prices and rental history: sold twice, last in February 2025, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 20 February 2025
Last soldAED 1.25M20 February 2025
Current rentAED 90K /yr1 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Murano Residence 1

What is 407 worth today?

Last sold for AED 1,250,000 in 2025

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20 Feb 2025SoldReady
AED 1,250,000AED 1,094 per sqft
18 Jul 2022Sold by developerReady
AED 1,080,000AED 945 per sqft
1 Jan 2020RentedNew contract
AED 90,000/yr36 months · AED 79 per sqft
8 Sep 2019RentedNew contract
AED 70,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 20 February 2025.

Key facts

Type
2-bed apartment
Size
1,142 sqft
Floor
4th of 15
Parking
B2-203
Developer
Murano Properties
Completed
2019
Service charge
AED 18,500 /yr
Last sold
AED 1.25M · February 2025

About 407, Murano Residence 1

407 is a two-bedroom apartment of 1,142 sqft on the 4th floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties . It last sold on 20 February 2025 for AED 1,250,000, or AED 1,094 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 January 2020, is AED 90,000 a year: a gross yield of 7.2% on the 2025 price, before the service charge of about AED 18,500 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Murano Residence 1
1M1.2M2016201920222025Typical sale price by year: 2016 AED 1,203,054; 2020 AED 1,010,000; 2022 AED 965,000; 2023 AED 960,000; 2025 AED 1,300,000Sold by developer, July 2022: AED 1,080,000 (AED 945 per sqft)Sold, February 2025: AED 1,250,000 (AED 1,094 per sqft)

407 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 407, each contractTypical two-bed in Murano Residence 1
50K75K100K20192021202320252027Typical rent by year: 2019 AED 65,000; 2020 AED 65,000; 2021 AED 56,000; 2022 AED 66,000; 2023 AED 68,250; 2024 AED 81,888; 2025 AED 93,000; 2026 AED 110,000New contract, September 2019: AED 70,000 a yearNew contract, January 2020: AED 90,000 a year

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 407 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. 407's AED 90,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Oct 20261,450,000
20 Feb 20261,450,000
16 Sep 20251,600,000
20 Mar 20251,300,000
2 2-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 4th floor

All 114 units in Murano Residence 1
Value
4011-bedAED 680K · Apr 2018
4021-bedAED 746K · Dec 2016
4031-bedAED 622K · Jul 2016
4041-bedAED 979K · Feb 2017
4051-bedAED 760K · Oct 2017
4061-bedAED 790K · Jul 2023
4081-bedAED 610K · Oct 2024

407, Murano Residence 1 in numbers

  • Sold twice: first on 18 July 2022 for AED 1,080,000, last on 20 February 2025 for AED 1,250,000 (AED 1,094 per sqft).
  • Rented since September 2019 on 2 Ejari contracts, from AED 70,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2025 price is 7.2%, 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 20 February 2025.

Questions about 407, Murano Residence 1

What did unit 407 last sell for?

AED 1,250,000 on 20 February 2025: AED 1,094 per sqft for 1,142 sqft. The unit has 2 registered sales; the first was AED 1,080,000 in July 2022.

What is the rent for unit 407?

AED 90,000 a year on the contract signed on 1 January 2020. The previous contract, from September 2019, was AED 70,000.

How big is unit 407?

1,142 sqft (106.1 sqm): a two-bedroom apartment on the 4th floor of a 15-storey tower completed in 2019.

What is unit 407 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 407, Murano Residence 1

Starts from the last sale price (AED 1.25M, 20 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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