1-bed · 779 sqftMurano Residence 1, Al Furjan · 5th floor · completed 2019

505, Murano Residence 1

Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 14 November 2023
Last soldAED 645K14 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Murano Residence 1

What is 505 worth today?

Last sold for AED 645,000 in 2023

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14 Nov 2023SoldReady
AED 645,000AED 827 per sqft
25 Nov 2019Sold by developerReady
AED 650,000AED 834 per sqft

Source: Dubai Land Department. Updated 14 November 2023.

Key facts

Type
1-bed apartment
Size
779 sqft
Floor
5th of 15
Parking
B2-222
Developer
Murano Properties
Completed
2019
Service charge
AED 12,600 /yr
Last sold
AED 645K · November 2023

About 505, Murano Residence 1

505 is a one-bedroom apartment of 779 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 14 November 2023 for AED 645,000, or AED 827 per sqft, 12% below the AED 939 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, 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, November 2019: AED 650,000 (AED 834 per sqft)Sold, November 2023: AED 645,000 (AED 827 per sqft)

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

Rents
Unit 505, 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 60,000

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 505 sits

All 98 1-beds →

505 last sold in November 2023 at AED 827 per sqft, 12% below what one-beds in Murano Residence 1 were fetching at the time (AED 939). 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.

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
5011-bedAED 760K · Aug 2024
5021-bedAED 758K · Sep 2016
5031-bedAED 625K · Oct 2024
5041-bedAED 780K · May 2024
5061-bedAED 750K · May 2023
5072-bedAED 1.45M · Oct 2026
5081-bedAED 657K · Jul 2018

505, Murano Residence 1 in numbers

  • Sold twice: first on 25 November 2019 for AED 650,000, last on 14 November 2023 for AED 645,000 (AED 827 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 14 November 2023.

Questions about 505, Murano Residence 1

What did unit 505 last sell for?

AED 645,000 on 14 November 2023: AED 827 per sqft for 779 sqft. The unit has 2 registered sales; the first was AED 650,000 in November 2019.

How big is unit 505?

779 sqft (72.4 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower completed in 2019.

What is unit 505 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 505, Murano Residence 1

Starts from the last sale price (AED 645K, 14 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 645,000
Deposit, UAE resident (20%)
AED 129,000
Deposit, non-resident (40%)
AED 258,000
Monthly over 25 years at 3.7%
AED 2,639

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