Murano Residence 1 in Al Furjan - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Rents in Murano Residence 1
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
1
58
1,039
60,000
The cap rate (rental yield) of investments into Murano Residence 1 project is 7.9% on average.
The price of an apartment in Murano Residence 1 is 13,395 AED/sqm on average.
The long term rent of an apartment in Murano Residence 1 is 1,039 AED/sqm/year on average.
Rent for 1 bedroom apartment in Murano Residence 1 is 60,000 AED or 1,039 AED/sqm.
About Murano Residence 1
'Murano Residence 1' in 'Al Furjan' area project description
Murano Residence 1 is a modern mid-rise residential tower located in Al Furjan, Dubai's vibrant master-planned community. The project was developed by Ghreiwati Property Development and completed in 2019.
Architecture and Structure
The building rises 17 floors and features a contemporary design emphasizing efficient use of space. The tower operates under a freehold ownership structure, making it attractive for both end-users and investors. The architecture incorporates open-plan layouts with large windows that maximize natural light, and many units include balconies providing private outdoor spaces and community views.
Unit Layout
Murano Residence 1 offers primarily 1-bedroom and 2-bedroom apartments. One-bedroom units are approximately 715 square feet and typically feature a spacious bedroom, en-suite bathroom, guest washroom, and open or semi-open kitchen. Units include built-in wardrobes, central air conditioning, and high-quality finishes throughout. The complex also includes some 3-bedroom options. Minimum apartment size is 49.6 square meters.
Amenities
The tower is equipped with a comprehensive suite of amenities designed to promote wellness, relaxation, and community engagement. Facilities include a fitness room, swimming pool, children's playroom, recreation area, conference hall, covered parking, and landscaped gardens. The complex features CCTV security, a concierge service, and is pet-friendly.
Location and Connectivity
Al Furjan is strategically positioned between Sheikh Zayed Road (E11) and Sheikh Mohammed Bin Zayed Road (E311), nestled adjacent to the Jebel Ali district. The location offers seamless access to major Dubai destinations including Dubai Marina and Downtown Dubai. The Al Furjan Metro Station is within walking distance of the apartments. Al Maktoum International Airport is approximately 14.5 kilometers away, and the beach is approximately 5 kilometers from the property.
The surrounding neighborhood features a blend of residential towers, townhouses, and retail outlets, fostering a vibrant yet peaceful atmosphere. Nearby amenities include grocery stores, supermarkets, restaurants, pharmacies, and pet stores. Educational facilities such as Arbor School and Jebel Ali Village Nursery are accessible, along with medical centers including Medicentres Al Furjan Pavilion and NMC Royal Hospital.
Surrounding Area
Al Furjan is a family-friendly, master-planned community developed by Nakheel, characterized by landscaped parks, open spaces, and well-developed infrastructure. The area is home to first-rate facilities including mosques, outdoor sports facilities, and abundant green spaces. Nearby communities include Discovery Gardens and The Gardens, located within 1.2 to 2.2 kilometers respectively.