1-bed · 590 sqftMurano Residence 1, Al Furjan · 4th floor · completed 2019

408, Murano Residence 1

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 13 September 2026
Last soldAED 610K17 October 2024
Current rentAED 57K /yr13 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Murano Residence 1

What is 408 worth today?

Last sold for AED 610,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

13 Sep 2026RentedNew contract
AED 57,000/yr12 months · AED 96 per sqft
6 Aug 2025RentedNew contract
AED 50,820/yr12 months · AED 86 per sqft
17 Oct 2024SoldReady
AED 610,000AED 1,034 per sqft
6 Aug 2024RentedNew contract
AED 48,400/yr12 months · AED 82 per sqft
4 Jul 2022RentedRenewal
AED 40,000/yr12 months · AED 68 per sqft
4 Jul 2021RentedNew contract
AED 40,000/yr12 months · AED 68 per sqft
5 Jun 2020RentedRenewal
AED 40,000/yr12 months · AED 68 per sqft
5 Jun 2019RentedNew contract
AED 42,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 13 September 2026.

Key facts

Type
1-bed apartment
Size
590 sqft
Floor
4th of 15
Parking
B2-218
Developer
Murano Properties
Completed
2019
Service charge
AED 9,600 /yr
Last sold
AED 610K · October 2024

About 408, Murano Residence 1

408 is a one-bedroom apartment of 590 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 17 October 2024 for AED 610,000, or AED 1,034 per sqft, 11% above the AED 928 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 13 September 2026, is AED 57,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 9,600 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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 2018: AED 650,690 (AED 1,103 per sqft)Sold, October 2024: AED 610,000 (AED 1,034 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in Murano Residence 1
40K50K60K201920222025Typical 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, June 2019: AED 42,000 a yearRenewal, June 2020: AED 40,000 a yearNew contract, July 2021: AED 40,000 a yearRenewal, July 2022: AED 40,000 a yearNew contract, August 2024: AED 48,400 a yearNew contract, August 2025: AED 50,820 a yearNew contract, September 2026: AED 57,000 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 408 sits

All 98 1-beds →

408 last sold in October 2024 at AED 1,034 per sqft, 11% above what one-beds in Murano Residence 1 were fetching at the time (AED 928). 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. 408's AED 57,000 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 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
4072-bedAED 1.25M · Feb 2025

408, Murano Residence 1 in numbers

  • Sold twice: first on 19 March 2018 for AED 650,690, last on 17 October 2024 for AED 610,000 (AED 1,034 per sqft).
  • Rented since June 2019 on 7 Ejari contracts, from AED 42,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2024 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 September 2026.

Questions about 408, Murano Residence 1

What did unit 408 last sell for?

AED 610,000 on 17 October 2024: AED 1,034 per sqft for 590 sqft. The unit has 2 registered sales; the first was AED 650,690 in March 2018.

What is the rent for unit 408?

AED 57,000 a year on the contract signed on 13 September 2026. The previous contract, from August 2025, was AED 50,820; the unit has been rented since June 2019.

How big is unit 408?

590 sqft (54.8 sqm): a one-bedroom apartment on the 4th floor of a 15-storey tower completed in 2019.

What is unit 408 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.

Selling 408? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 408, Murano Residence 1

Starts from the last sale price (AED 610K, 17 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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