706, Murano Residence 1
Sold prices and rental history: sold twice, last in May 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Murano Residence 1
What is 706 worth today?
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Source: Dubai Land Department. Updated 8 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 905 sqft
- Floor
- 7th of 15
- Parking
- B2-207
- Developer
- Murano Properties
- Completed
- 2019
- Service charge
- AED 14,700 /yr
- Last sold
- AED 760K · May 2024
- Building
- Murano Residence 1
About 706, Murano Residence 1
706 is a one-bedroom apartment of 905 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 8 May 2024 for AED 760,000, or AED 840 per sqft, 5% below the AED 884 one-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 25 March 2023, is AED 50,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 14,700 a year.
Sales and rents for 706 over time
706 has sold twice; the dashed line is the one-bed median of each year in the building.
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 706 sits
All 98 1-beds →706 last sold in May 2024 at AED 840 per sqft, 5% below 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. 706's AED 50,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 920 sqft | 775,000 | 842 | ||
| 23 Oct 202623 October 2026 | 906 sqft | 775,000 | 855 | ||
| 28 Sep 202628 September 2026 | 717 sqft | 800,000 | 1,115 | ||
| 19 Sep 202619 September 2026 | 717 sqft | 700,000 | 975 |
Murano Residence 1
Building114 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%
Other units on the 7th floor
All 114 units in Murano Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 717 sqft | AED 580KAED 580,000 · Apr 2023April 2023 | 62,000 /yr | |
| 702 | 1-bed | 711 sqft | AED 750KAED 750,000 · Dec 2016December 2016 | 87,000 /yr | |
| 703 | 1-bed | 515 sqft | AED 670KAED 670,000 · Apr 2025April 2025 | 52,500 /yr | |
| 704 | 1-bed | 919 sqft | AED 984KAED 983,984 · Feb 2017February 2017 | 67,000 /yr | |
| 705 | 1-bed | 779 sqft | AED 650KAED 650,000 · Oct 2017October 2017 | 60,000 /yr | |
| 707 | 2-bed | 1,142 sqft | AED 1.01MAED 1,010,000 · Oct 2020October 2020 | 115,500 /yr | |
| 708 | 1-bed | 590 sqft | AED 667KAED 666,900 · Apr 2016April 2016 | 60,000 /yr |
706, Murano Residence 1 in numbers
- Sold twice: first on 8 October 2018 for AED 801,210, last on 8 May 2024 for AED 760,000 (AED 840 per sqft).
- Rented since July 2019 on 3 Ejari contracts. The rent fell from AED 50,000 to AED 44,000 in 2021 and recovered to AED 50,000 by March 2023.
- At AED 50,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 14,700 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 8 May 2024.
Questions about 706, Murano Residence 1
What did unit 706 last sell for?
AED 760,000 on 8 May 2024: AED 840 per sqft for 905 sqft. The unit has 2 registered sales; the first was AED 801,210 in October 2018.
What is the rent for unit 706?
AED 50,000 a year on the contract signed on 25 March 2023. The previous contract, from December 2021, was AED 44,000; the unit has been rented since July 2019.
How big is unit 706?
905 sqft (84.1 sqm): a one-bedroom apartment on the 7th floor of a 15-storey tower completed in 2019.
What is unit 706 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 706, Murano Residence 1
Starts from the last sale price (AED 760K, 8 May 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 →