Murano Residence
About the project
(sq. ft.)
Murano Residence is a modern residential complex located in the vibrant community of Al Furjan. It consists of three 17-storey residential towers. The project was implemented by Ghreiwati Property Development, and construction was completed in 2019.
The complex offers apartments with one- to three-bedroom floor plans featuring various configurations. Properties have a minimum size of 49.6 sq. m (534 sq. ft).
Apartments include bedrooms, modern bathrooms, equipped kitchens, living rooms, dining areas, and balconies. Residents can enjoy panoramic windows overlooking landscaped areas and parks.
Murano Residence offers a variety of amenities, including:
- State-of-the-art gym
- Infinity pool
- Conference rooms and event space
- Covered parking
- High-speed elevators
- 24-hour security with video surveillance
- Children’s playground
- Barbecue area
- Landscaped garden
- Pet-friendly accommodations
Properties have a starting price of AED 530,000 (USD 144,294).
*The price is valid for 2021
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Location
Murano Residence is located in Al Furjan, a quiet and safe area with well-developed infrastructure and plenty of green spaces. It is an ideal place for families with children.
The complex is near Sheikh Zayed Road and Sheikh Mohammed Bin Zayed Road, which offer residents easy access to other parts of the city. The Al Furjan Metro Station is located within walking distance of the apartments. Al Maktoum International Airport can be reached within a 20-minute drive, and Dubai Marina and Palm Jumeirah are situated within a 15-minute drive.
Residents can take advantage of local grocery stores, supermarkets, markets, restaurants, pharmacies, and pet stores.
Al Furjan and its neighbouring communities have a selection of educational centres and schools, such as the Arbor School, Jebel Ali Village Nursery, and the University of Balamand.
For medical care, residents can access local hospitals and clinics, including Medicentres Al Furjan Pavilion, Advanced Care Oncology Centre, and NMC Royal Hospital.
The complex is located within a short drive of city attractions, including:
- Jebel Ali Recreation Club, a wellness centre and movie complex
- Ibn Battuta Mall, one of the world’s largest shopping centres
Return on investment
Murano Residence offers properties with a return on investment rate of 7.1%, per year.
One-bedroom apartments have a starting rental rate of AED 36,000 (USD 9,801), per year. Property tax is 5%, or AED 1,800 (USD 490), and management fees start at AED 3,650 (USD 994). Therefore, the net income would be AED 30,550 (USD 8,317).
*The price is valid for 2021
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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