Project · Transactions · 2023

Murano Residence 1 Property Transactions 2023

17 property sales worth ⃃ 12.5M were registered in Murano Residence 1 in 2023, 41.7% higher than 2022 by number of sales. The median sale price was ⃃ 680,000 and the median price per square foot ⃃ 884 (+2.1% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 17 salesUpdated: 13 Nov 2026
Property sales
17
+41.7% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 12.5M
+29.4% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 680,000
−6.5% vs 2022
17 sales
Median price per sq ft
⃃ 884
+2.1% vs 2022
17 sales

What types of property sold in Murano Residence 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments17100%⃃ 12.5M⃃ 680,000⃃ 884

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)847.1%⃃ 5.62M⃃ 680,000⃃ 940
Resale (secondary)952.9%⃃ 6.88M⃃ 760,000⃃ 841
Ready17100%⃃ 12.5M⃃ 680,000⃃ 884

How many rental contracts were registered in Murano Residence 1 in 2023?

66 rental contracts (new and renewed) were registered in Murano Residence 1 in 2023, at a median annual rent of ⃃ 49,500 (+17.2% on 2022). Rental yields in Murano Residence 1

What were the most expensive property sales in Murano Residence 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
27/11/2023Murano Residence 12 beds · Apartment1,143 sq ft⃃ 1,100,000Resale · Ready
30/10/2023Murano Residence 12 beds · Apartment1,142 sq ft⃃ 960,000Resale · Ready
16/11/2023Murano Residence 12 beds · Apartment1,143 sq ft⃃ 950,000Resale · Ready
03/07/2023Murano Residence 11 bed · Apartment932 sq ft⃃ 810,000Primary · Ready
09/11/2023Murano Residence 11 bed · Apartment905 sq ft⃃ 800,000Resale · Ready
03/07/2023Murano Residence 11 bed · Apartment905 sq ft⃃ 790,000Primary · Ready
21/11/2023Murano Residence 11 bed · Apartment905 sq ft⃃ 760,000Resale · Ready
17/05/2023Murano Residence 11 bed · Apartment905 sq ft⃃ 750,000Primary · Ready
10/10/2023Murano Residence 11 bed · Apartment715 sq ft⃃ 680,000Primary · Ready
03/07/2023Murano Residence 11 bed · Apartment717 sq ft⃃ 680,000Primary · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
27/11/2023Murano Residence 12 beds · Apartment1,143 sq ft⃃ 1,100,000Resale · Ready
21/11/2023Murano Residence 11 bed · Apartment905 sq ft⃃ 760,000Resale · Ready
16/11/2023Murano Residence 12 beds · Apartment1,143 sq ft⃃ 950,000Resale · Ready
14/11/2023Murano Residence 11 bed · Apartment779 sq ft⃃ 645,000Resale · Ready
09/11/2023Murano Residence 11 bed · Apartment905 sq ft⃃ 800,000Resale · Ready
31/10/2023Murano Residence 11 bed · Apartment515 sq ft⃃ 565,000Resale · Ready
30/10/2023Murano Residence 12 beds · Apartment1,142 sq ft⃃ 960,000Resale · Ready
10/10/2023Murano Residence 11 bed · Apartment715 sq ft⃃ 680,000Primary · Ready
02/10/2023Murano Residence 11 bed · Apartment717 sq ft⃃ 680,000Primary · Ready
13/09/2023Murano Residence 11 bed · Apartment515 sq ft⃃ 520,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/murano-residence-1/2023
Murano Residence 1 Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/murano-residence-1/2023

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Murano Residence 1 in 2023?
17 property sales worth ⃃ 12,500,000 were registered in Murano Residence 1 in 2023. That is 41.7% higher than 2022.
What was the median property price in Murano Residence 1 in 2023?
The median sale price was ⃃ 680,000 and the median price per square foot ⃃ 884 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Murano Residence 1 were off-plan or from developers?
Developer (primary) sales were 47.1% of the 17 sales and resales 52.9%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/murano-residence-1/2023