Al Murad Towers  

Access regular updates on investment opportunities and analysis of Al Murad Towers

  • Apartments available in the resale market for Al Murad Towers

     Nov 29 2016  Al Murad Towers  Apartments  Emaar

    Al Murad Towers are a ready, freehold building in Barsha, close to Mall of Emirates and managed by Emaar. The project received an incredible response; with all 140 units being sold out within hours of sales commencing. Al Murad Towers was launched and sold out on the 6th of November 2016 at prices ranging from AED 1,350 - 1,500 per sq ft. Buyers were offered a 90 day payment-plan (20% down and 80% payable after 3 months).

    The rapid sales progress and strong appetite in the market for this product is a strong indication of some good market sentiment at the moment.

    The first units are available for sale on the secondary market at premiums ranging from 10 - 15%. Prices below include premiums but not closing costs.

    Studio units from AED 995,000

    1 Beds from AED 1.25 - 1.28 million

    2 Beds from AED 1.89 - 1.92 million

    To learn more or if you are interested in purchasing in Murad Towers, please contact +971-50-7086765


  • Review of Al Murad Towers launch on Nov 6th, 2016

     Nov 08 2016  Al Murad Towers  Apartments  Emaar

    Al Murad Towers was launched and sold out on the 6th of November 2016 at prices ranging from AED 1,350 - 1,500 per sq ft. Al Murad Towers are a ready, freehold building in Barsha, close to Mall of Emirates and managed by Emaar.

    The rapid sales progress and strong appetite in the market for this product is a strong indication of some good market sentiment at the moment.

    We expect there to be a strong secondary market demand for these units in the coming months. This will be a popular buy for investors in the future who are looking for an exceptional location and a unique holding (freehold in Barsha).

    Based on conversations and observations, we estimate that about 20 - 25% of the buyers were end-users.


  • Al Murad Towers by Emaar: ready freehold in Barsha; sales commence shortly

     Oct 30 2016  Al Murad Towers  Apartments  Emaar

    Emaar own and manage a building in Al Barsha 1 called Al Murad Towers. This building is a freehold development (the only freehold in Barsha). Al Murad Towers has a prime location and is walking distance away from Mall of the Emirates.

    Emaar will commence selling units in the building later this week; they will offer studio, one and two bedroom apartments.

    These are ready units, so a short payment-plan of 2 - 3 months will be offered (likely a 20% down and balance within 60 - 90 days).

    Prices will be disclosed on Monday afternoon; however we estimate:

    Studios from AED 700,000

    1 Bedrooms from AED 1,000,000

    2 Bedrooms from AED 1,800,000

    This is a great opportunity for investor / end-users alike. The building has recently been refurbished, so its as good as new. The neighboring buildings are almost all hotels / hotel apartments. As this is a tourist hot-spot, investors can expect to earn very healthy rental yields whether they utilize the unit for short or long term rentals.

    A show apartment is available to view.

    For more information or to get an invitation to the sales event, please contact: +971-50-7086765


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