1-bed · 717 sqftMurano Residence 1, Al Furjan · 5th floor · completed 2019

501, Murano Residence 1

Sold prices and rental history: sold twice, last in August 2024, and rented once, from July 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 21 August 2024
Last soldAED 760K21 August 2024
Current rentAED 65K /yr21 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Murano Residence 1

What is 501 worth today?

Last sold for AED 760,000 in 2024

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21 Aug 2024SoldReady
AED 760,000AED 1,059 per sqft
28 Jul 2022Sold by developerReady
AED 650,000AED 906 per sqft
21 Jul 2020RentedNew contract
AED 65,000/yr36 months · AED 91 per sqft

Source: Dubai Land Department. Updated 21 August 2024.

Key facts

Type
1-bed apartment
Size
717 sqft
Floor
5th of 15
Parking
B2-246
Developer
Murano Properties
Completed
2019
Service charge
AED 11,600 /yr
Last sold
AED 760K · August 2024

About 501, Murano Residence 1

501 is a one-bedroom apartment of 717 sqft on the 5th floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties . It last sold on 21 August 2024 for AED 760,000, or AED 1,059 per sqft, 17% above the AED 907 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 21 July 2020. The current contract, signed on 21 July 2020, is AED 65,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 11,600 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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 650,000 (AED 906 per sqft)Sold, August 2024: AED 760,000 (AED 1,059 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Murano Residence 1
40K60K20192021202320252027Typical 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, July 2020: AED 65,000 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 501 sits

All 98 1-beds →

501 last sold in August 2024 at AED 1,059 per sqft, 17% above what one-beds in Murano Residence 1 were fetching at the time (AED 907). 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. 501's AED 65,000 is in the upper 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 5th floor

All 114 units in Murano Residence 1
Value
5021-bedAED 758K · Sep 2016
5031-bedAED 625K · Oct 2024
5041-bedAED 780K · May 2024
5051-bedAED 645K · Nov 2023
5061-bedAED 750K · May 2023
5072-bedAED 1.45M · Oct 2026
5081-bedAED 657K · Jul 2018

501, Murano Residence 1 in numbers

  • Sold twice: first on 28 July 2022 for AED 650,000, last on 21 August 2024 for AED 760,000 (AED 1,059 per sqft).
  • Rented since July 2020 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 11,600 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 21 August 2024.

Questions about 501, Murano Residence 1

What did unit 501 last sell for?

AED 760,000 on 21 August 2024: AED 1,059 per sqft for 717 sqft. The unit has 2 registered sales; the first was AED 650,000 in July 2022.

What is the rent for unit 501?

AED 65,000 a year on the contract signed on 21 July 2020.

How big is unit 501?

717 sqft (66.6 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower completed in 2019.

What is unit 501 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 501, Murano Residence 1

Starts from the last sale price (AED 760K, 21 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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