1-bed · 919 sqftMurano Residence 1, Al Furjan · 6th floor · completed 2019

604, Murano Residence 1

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

Unit 604 · DLD and Ejari recordsUpdated 16 April 2024
Last soldAED 790K16 April 2024
Current rentAED 55K /yr31 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Murano Residence 1

What is 604 worth today?

Last sold for AED 790,000 in 2024

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16 Apr 2024SoldReady
AED 790,000AED 859 per sqft
31 Aug 2023RentedRenewal
AED 55,000/yr12 months · AED 60 per sqft
29 Aug 2022RentedNew contract
AED 52,393/yr12 months · AED 57 per sqft
1 Jun 2021RentedNew contract
AED 45,000/yr13 months · AED 49 per sqft
15 Sep 2019RentedNew contract
AED 50,000/yr12 months · AED 55 per sqft
9 Sep 2018Sold by developerOff-plan
AED 893,831AED 972 per sqft

Source: Dubai Land Department. Updated 16 April 2024.

Key facts

Type
1-bed apartment
Size
919 sqft
Floor
6th of 15
Parking
P17
Developer
Murano Properties
Completed
2019
Service charge
AED 14,900 /yr
Last sold
AED 790K · April 2024

About 604, Murano Residence 1

604 is a one-bedroom apartment of 919 sqft on the 6th floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties . It last sold on 16 April 2024 for AED 790,000, or AED 859 per sqft, in line with the AED 884 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 31 August 2023, is AED 55,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 14,900 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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, September 2018: AED 893,831 (AED 972 per sqft)Sold, April 2024: AED 790,000 (AED 859 per sqft)

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

Rents
Unit 604, 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, September 2019: AED 50,000 a yearNew contract, June 2021: AED 45,000 a yearNew contract, August 2022: AED 52,393 a yearRenewal, August 2023: AED 55,000 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 604 sits

All 98 1-beds →

604 last sold in April 2024 at AED 859 per sqft, in line with what one-beds in Murano Residence 1 were fetching at the time (AED 884). 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. 604's AED 55,000 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 6th floor

All 114 units in Murano Residence 1
Value
6011-bedAED 800K · Sep 2026
6021-bedAED 680K · Dec 2022
6031-bedAED 625K · Aug 2017
6051-bedAED 700K · Jan 2020
6061-bedAED 800K · Nov 2023
6072-bedAED 970K · Sep 2020
6081-bedAED 650K · Jun 2018

604, Murano Residence 1 in numbers

  • Sold twice: first on 9 September 2018 for AED 893,831, last on 16 April 2024 for AED 790,000 (AED 859 per sqft).
  • Rented since September 2019 on 4 Ejari contracts, from AED 50,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 14,900 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 16 April 2024.

Questions about 604, Murano Residence 1

What did unit 604 last sell for?

AED 790,000 on 16 April 2024: AED 859 per sqft for 919 sqft. The unit has 2 registered sales; the first was AED 893,831 in September 2018.

What is the rent for unit 604?

AED 55,000 a year on the contract renewed on 31 August 2023. The previous contract, from August 2022, was AED 52,393; the unit has been rented since September 2019.

How big is unit 604?

919 sqft (85.4 sqm): a one-bedroom apartment on the 6th floor of a 15-storey tower completed in 2019.

What is unit 604 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 604, Murano Residence 1

Starts from the last sale price (AED 790K, 16 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

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