1-bed · 515 sqftMurano Residence 1, Al Furjan · 7th floor · completed 2019

703, Murano Residence 1

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

Unit 703 · DLD and Ejari recordsUpdated 7 July 2026
Last soldAED 670K29 April 2025
Current rentAED 53K /yr7 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Murano Residence 1

What is 703 worth today?

Last sold for AED 670,000 in 2025

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7 Jul 2026RentedNew contract
AED 52,500/yr12 months · AED 104 per sqft
15 Aug 2025RentedNew contract
AED 50,000/yr12 months · AED 97 per sqft
29 Apr 2025SoldReady
AED 670,000AED 1,302 per sqft
1 Dec 2023RentedNew contract
AED 48,000/yr12 months · AED 93 per sqft
17 Nov 2022RentedNew contract
AED 39,000/yr12 months · AED 76 per sqft
6 Oct 2021RentedRenewal
AED 32,000/yr12 months · AED 62 per sqft
6 Oct 2020RentedRenewal
AED 35,000/yr12 months · AED 68 per sqft
6 Oct 2019RentedNew contract
AED 40,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 7 July 2026.

Key facts

Type
1-bed apartment
Size
515 sqft
Floor
7th of 15
Parking
B2-227
Developer
Murano Properties
Completed
2019
Service charge
AED 8,400 /yr
Last sold
AED 670K · April 2025

About 703, Murano Residence 1

703 is a one-bedroom apartment of 515 sqft on the 7th floor of Murano Residence 1, a 15-storey tower in Al Furjan completed in 2019 by Murano Properties . It last sold on 29 April 2025 for AED 670,000, or AED 1,302 per sqft, 26% above the AED 1,034 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 7 July 2026, is AED 52,500 a year: a gross yield of 7.8% on the 2025 price, before the service charge of about AED 8,400 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, December 2016: AED 630,000 (AED 1,224 per sqft)Sold, April 2025: AED 670,000 (AED 1,302 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in Murano Residence 1
40K60K201920222025Typical 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, October 2019: AED 40,000 a yearRenewal, October 2020: AED 35,000 a yearRenewal, October 2021: AED 32,000 a yearNew contract, November 2022: AED 39,000 a yearNew contract, December 2023: AED 48,000 a yearNew contract, August 2025: AED 50,000 a yearNew contract, July 2026: AED 52,500 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 703 sits

All 98 1-beds →

703 last sold in April 2025 at AED 1,302 per sqft, 26% above what one-beds in Murano Residence 1 were fetching at the time (AED 1,034). 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. 703's AED 52,500 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 7th floor

All 114 units in Murano Residence 1
Value
7011-bedAED 580K · Apr 2023
7021-bedAED 750K · Dec 2016
7041-bedAED 984K · Feb 2017
7051-bedAED 650K · Oct 2017
7061-bedAED 760K · May 2024
7072-bedAED 1.01M · Oct 2020
7081-bedAED 667K · Apr 2016

703, Murano Residence 1 in numbers

  • Sold twice: first on 28 December 2016 for AED 630,000, last on 29 April 2025 for AED 670,000 (AED 1,302 per sqft).
  • Rented since October 2019 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 32,000 in 2021 and recovered to AED 52,500 by July 2026.
  • At AED 52,500 a year the gross yield on the 2025 price is 7.8%, before a service charge of about AED 8,400 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 7 July 2026.

Questions about 703, Murano Residence 1

What did unit 703 last sell for?

AED 670,000 on 29 April 2025: AED 1,302 per sqft for 515 sqft. The unit has 2 registered sales; the first was AED 630,000 in December 2016.

What is the rent for unit 703?

AED 52,500 a year on the contract signed on 7 July 2026. The previous contract, from August 2025, was AED 50,000; the unit has been rented since October 2019.

How big is unit 703?

515 sqft (47.8 sqm): a one-bedroom apartment on the 7th floor of a 15-storey tower completed in 2019.

What is unit 703 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 703, Murano Residence 1

Starts from the last sale price (AED 670K, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 670,000
Deposit, UAE resident (20%)
AED 134,000
Deposit, non-resident (40%)
AED 268,000
Monthly over 25 years at 3.7%
AED 2,741

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