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Al Murad Towers in Al Barsha 1 - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for completed properties in Al Murad Towers

RoomsSize, sqmSale price, AED/sqmSale price, AED
19012,7141,150,000

The cap rate (rental yield) of investments into Al Murad Towers project is 7.0% on average.

The price of an apartment in Al Murad Towers is 12,714 AED/sqm on average.

Price for completed 1 bedroom apartment in Al Murad Towers is 1,150,000 AED or 12,714 AED/sqm.

Rent in Al Murad Towers is 12,714 AED/sqm/year on average for long term rent of an apartment.

About Al Murad Towers

'Al Murad Towers' in 'Al Barsha 1' area project description

Al Murad Towers is a distinguished residential project situated in the vibrant Al Barsha 1 area of Dubai. Debuting as a freehold property developed by Emaar, one of the most reputable developers in the UAE, these twin towers epitomize modern urban living, blending luxury with convenience.

The twin-tower complex stands as a statement of contemporary architectural marvel with a façade that reflects a combination of sleek design and functional aesthetics. The project comprises spacious studios, one-bedroom, and two-bedroom apartments, each designed to maximize space efficiency and comfort. Each unit within Al Murad Towers is fitted with high-quality finishes and modern fixtures. Residents benefit from expansive windows that offer plenty of natural light and stunning views of the Dubai skyline.

Al Murad Towers boast a plethora of amenities designed to cater to the lifestyle demands of its residents. A state-of-the-art gymnasium, a rooftop swimming pool, and dedicated children's play areas provide recreational options for all age groups. Moreover, the project includes ample parking space, 24/7 security, and an efficient concierge service, ensuring a safe and hassle-free living experience.

One of the notable advantages of Al Murad Towers is its strategic location in Al Barsha 1. The development lies in close proximity to the Mall of the Emirates, one of Dubai's largest shopping and entertainment destinations, offering residents immediate access to a myriad of retail, dining, and leisure options. The Al Barsha area is also home to various educational institutions, healthcare facilities, and supermarkets, making it a practical choice for families and professionals alike.

In terms of connectivity, Al Murad Towers are near major roads such as Sheikh Zayed Road and Al Khail Road, facilitating smooth commutes to key areas such as Dubai Marina, Downtown Dubai, and Business Bay. Public transportation is conveniently accessible, with the Mall of the Emirates Metro Station just a short walk away, further enhancing the ease of mobility for residents.

Al Murad Towers exemplify urban living through a mix of comfort, convenience, and style. With its first-rate amenities, strategic location, and the developer's reputation for quality, it stands as a desirable address for those looking to experience the best of Dubai’s dynamic lifestyle. Whether as a home or as a strategic investment, Al Murad Towers in Al Barsha 1 offers a promising proposition in Dubai’s ever-evolving real estate landscape.

Q&A on Al Murad Towers

What are the advantages of 'Al Murad Towers' project in Dubai for property buyers? What are the disadvantages?

Advantages of Al Murad Towers:

1. Prime Location: Situated in Al Barsha 1, Al Murad Towers is in close proximity to key landmarks such as the Mall of the Emirates, Dubai Metro, and Sheikh Zayed Road. This makes commuting and accessing amenities extremely convenient.
2. High Rental Yields: The strategic location and comprehensive facilities make these properties attractive for tenants, thereby offering potential for high rental yields.
3. Quality Construction: Emaar, a reputable developer, is behind the project, ensuring high construction standards and attention to detail.
4. Amenities: The project offers a range of amenities, including a swimming pool, gym, and 24/7 security, enhancing the living experience.
5. Accessibility: The area is well-served by public transportation, including bus routes and metro stations, making it easy for residents to navigate the city.
6. Diverse Community: Al Barsha 1 is a vibrant and multicultural community, allowing for a rich cultural experience.
7. Proximity to Essentials: Nearby supermarkets, healthcare facilities, and schools make daily living more convenient.

Disadvantages of Al Murad Towers:

1. Traffic Congestion: Al Barsha 1 can experience significant traffic, particularly during peak hours, which might be a concern for some residents.
2. Noise Levels: Proximity to major roads and the bustling Mall of the Emirates can lead to higher noise levels.
3. Higher Costs: Being in a prime location with high-quality amenities, the property may come with a premium price tag, which might not be ideal for budget-conscious buyers.
4. Limited Availability: Due to high demand, the availability of units might be limited, making it competitive for potential buyers.
5. Parking Issues: While the towers have parking facilities, the area's popularity can sometimes make finding convenient parking a challenge.
6. Potential for Overdevelopment: As Al Barsha 1 continues to grow, there is a risk of overdevelopment, which could impact the community feel and infrastructure strain.
7. Variable Rental Market: While high rental yields are possible, they are subject to market fluctuations and economic conditions, which can affect the return on investment.

What projects are better than 'Al Murad Towers' project in Dubai which are located close by, and why?

Certainly! Al Murad Towers is a notable residential building located in Al Barsha 1. However, there are several other projects in the area that many might consider superior in terms of amenities, location, and overall appeal. Here are a few projects that stand out:

1. Al Barsha South Villas:
Why Better:
- Space: Offers more spacious living compared to apartment living.
- Private Amenities: Often come with private gardens, pools, and garages.
- Community Living: Family-friendly with parks, schools, and community centers nearby.

2. Sherena Residence:
Why Better:
- Modern Amenities: Offers state-of-the-art amenities including advanced fitness centers, swimming pools, and children's play areas.
- Quality Construction: High-quality finishes and modern design.
- Proximity to Mall of the Emirates: A short walk to one of Dubai's largest shopping and entertainment destinations.

3. Mall of the Emirates Residences:
Why Better:
- Location: Direct access to Mall of the Emirates, providing convenience and luxury right at your doorstep.
- Luxurious Living: High-end finishes, customized interior designs, and premium amenities.
- Service Options: Often comes with hotel-like services such as concierge, housekeeping, and room service.

4. Danube Glamz Residence:
Why Better:
- Reputation: Danube is a reputable developer known for delivering quality homes with excellent finishes.
- Affordability: Offers good value-for-money with a range of amenities without a hefty price tag.
- Community and Lifestyle Amenities: Features clubhouses, multipurpose rooms, and other lifestyle-enhancing amenities.

5. Commodore Building:
Why Better:
- Newer Construction: Generally more modern with contemporary design and amenities.
- Quality of Life: Offers better facilities such as rooftop pools, modern gyms, and leisure spaces.
- Accessibility: Convenient location with easy access to key points in Al Barsha.

6. Ghalia Constella by Damac:
Why Better:
- Sharia-Compliant: Offers a unique living experience designed to cater to different cultural preferences.
- Luxury and Comfort: Known for luxurious interior finishes and top-notch amenities.
- Developer Reputation: Damac is a well-respected name in Dubai real estate for premium living spaces.

Key Considerations
- Amenities & Facilities: Look for projects offering superior facilities like sports areas, wellness centers, and social spaces.
- Location: Proximity to schools, shopping malls, and public transport can greatly enhance convenience.
- Developer Reputation: Opt for developments by reputed builders known for quality and timely delivery.
- Value for Money: Compare the prices with the facilities offered to ensure good value for investment.

Each of these projects offers unique advantages, and the best choice would depend on individual preferences such as the need for more space, proximity to facilities, or premium services.

What are the closest schools to 'Al Murad Towers' project in Dubai?

- GEMS World Academy: Located in Al Barsha South, this school offers the International Baccalaureate curriculum, catering to students from Kindergarten to Grade 12.

- Dubai National School: Situated in Al Barsha 1, it provides an American curriculum and caters to students from Kindergarten to Grade 12.

- American School of Dubai: Located in Al Barsha 3, it’s a well-known institution offering an American curriculum from pre-Kindergarten to Grade 12.

- The International School of Choueifat: Found in Al Barsha 1, it offers a curriculum based on the SABIS educational system, preparing students for university education.

- Nord Anglia International School Dubai: Located in Al Barsha 2, this school follows the British curriculum and offers classes from Preschool through secondary education.

- Dubai British School Emirates Hills: Though a bit further away in The Springs, it offers the British curriculum and provides education from Early Years to Sixth Form.

What are the closest medical clinics to 'Al Murad Towers' project in Dubai?

The following are the closest medical clinics to 'Al Murad Towers' in Al Barsha 1 area, Dubai:

1. Aster Clinic Al Barsha
- Location: Al Barsha 1, behind Mall of the Emirates, Dubai

2. Medcare Medical Centre
- Location: Al Barsha 1, near Al Zahra Hospital, Dubai

3. iCARE Clinics - Al Barsha Heights
- Location: Al Barsha Heights, Samacom Building, Dubai

4. Prime Medical Center
- Location: Al Barsha 1, Al Barsha Mall, Dubai

5. Emirates Hospital Clinic
- Location: Al Barsha, Umm Suqeim Street, part of Emirates Hospitals Group, Dubai




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