ROI analysis of apartment in Al Murad Towers: DLD data and real deals — 15.12.2025

1. Definition of the area and data structure

Actual location: According to DLD, the AL MURAD TOWERS building belongs to the Al Barsha First area. There is no separate master project allocated for this location.

2. Transaction volume and structure, liquidity

Over the past few years, 48 transactions have been recorded for 2-bedroom apartments (2BR) in AL MURAD TOWERS. Activity in recent years has been stable: 15 deals in 2022, 13 in 2023, and 10 in 2024 (as of the date of analysis), which indicates satisfactory liquidity and solid demand for this type of unit. Across Al Barsha First as a whole, the transaction volume is significantly higher, confirming strong, sustained demand.

3. Price dynamics per square meter (2BR)

In AL MURAD TOWERS over the last 3–4 years, the dynamics of the average price per m² for 2BR transactions are as follows:
– 2022: quarterly averages ranged from 7,278 to 13,514 AED/m².
– 2023: from 7,486 AED/m² (low in Q3) to 10,654 AED/m² (high in Q1).
– 2024 (for available quarters): in the range of 9,555–11,497 AED/m², with the average level over the last 12 months at around 10,811 AED/m².

Across Al Barsha First for 2BR units, the average price per m² over the last 12 months was 18,533 AED, significantly higher than the transaction level for the building under review.

4. Rentals: levels and dynamics

For AL MURAD TOWERS and 2BR units, DLD has no valid rental contracts recorded over the past years — there is no direct rental rate data at the building level. There are also no recent 2BR rental transactions for Al Barsha First.

However, for Al Barsha First overall (all apartments, all residential properties), more than 12,000 rental contracts have been registered over the last 12 months: the average actual rental rate stands at 851 AED/m²/year. Over three years there has been a steady positive trend — growth from 580–640 AED/m²/year in 2021–2022 to the current 850+ AED/m²/year, implying an increase of roughly 30–40% over three years.

5. Price comparison and returns (ROI)

In AL MURAD TOWERS, the average 2BR sale price over the last 12 months is 10,811 AED/m².
Across Al Barsha First as a whole, 2BR units have sold at an average of 18,533 AED/m² (the building is noticeably cheaper than the market, with a discount of more than 40%).

The average rental rate (for the area, across all apartment types) over the last 12 months is 851 AED/m²/year.

It is not possible to correctly estimate the gross yield (ROI) for AL MURAD TOWERS, as there are no valid rental contracts for the building at all. For the area, substituting the average market transaction values:
– Area gross ROI = 851 / 18,533 ≈ 0.0459 or 4.6% per annum (based on actually registered contracts and sale prices).
– Adjusted net yield, after accounting for typical transactional and related costs (7–8%), will decrease to about 4.3–4.4%.

For an investor targeting a yield of 7–8% per annum, the fair purchase price range at current market rental levels is 10,639–12,157 AED/m² (calculation: 851/0.08 and 851/0.07). The current transaction level for AL MURAD TOWERS is close to the lower bound of this range, which explains its elevated demand among buyers.

6. Conclusions on investment prospects

– Liquidity of both the building and the area is high; 2BR units in AL MURAD TOWERS change hands regularly.
– The current price per m² in the building is below the area average, with a noticeable discount to the market.
– Rental yields in the area are moderate and significantly below the 7–8% annual targets typical for many investors. The building is attractive for a buyer looking to enter an asset at a discount, but a quick resale with a substantial premium is unlikely.
– A fair purchase price for long-term investment in AL MURAD TOWERS is close to current market levels: the building is at the lower boundary of the fair yield range.
– It is not possible to accurately assess the actual percentage yield for Al Murad without recent rental contracts in the building itself and preferably specifically for 2BR units.

7. Limitations of the analysis

– All yield estimates are based on valid DLD transactions and contracts; there is no confirmed rental data for the building, so ROI for AL MURAD TOWERS cannot be reliably calculated.
– All numerical values are derived solely from DLD aggregates and do not constitute a formal valuation or a guarantee of returns for any specific apartment; the market may change.