1-bed · 785 sqftEast 40, Al Furjan · 3rd floor · completed 2019

309, East 40

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 28 August 2024
Last soldAED 730K28 March 2024
Current rentAED 52K /yr28 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, East 40

What is 309 worth today?

Last sold for AED 730,000 in 2024

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28 Aug 2024RentedNew contract
AED 52,001/yr8 months · AED 66 per sqft
28 Mar 2024SoldReady
AED 730,000AED 929 per sqft
28 Aug 2023RentedRenewal
AED 52,000/yr12 months · AED 66 per sqft
19 Sep 2022Sold by developerReady
AED 710,800AED 904 per sqft
28 Aug 2022RentedNew contract
AED 49,500/yr12 months · AED 63 per sqft
28 Aug 2021RentedRenewal
AED 48,000/yr12 months · AED 61 per sqft
28 Jul 2020RentedNew contract
AED 48,000/yr13 months · AED 61 per sqft

Source: Dubai Land Department. Updated 28 August 2024.

Key facts

Type
1-bed apartment
Size
785 sqft
Floor
3rd of 12
Parking
P1-39
Developer
Townx Real Estate Development
Completed
2019
Service charge
AED 11,500 /yr
Last sold
AED 730K · March 2024
Building
East 40

About 309, East 40

309 is a one-bedroom apartment of 785 sqft on the 3rd floor of East 40, a 12-storey tower in Al Furjan completed in 2019 by Townx Real Estate Development . It last sold on 28 March 2024 for AED 730,000, or AED 929 per sqft, 22% below the AED 1,195 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 28 August 2024, is AED 52,001 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 11,500 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in East 40
600K800K1M2021202320252027Typical sale price by year: 2021 AED 660,000; 2022 AED 675,262; 2023 AED 827,500; 2024 AED 785,000; 2025 AED 949,500; 2026 AED 1,073,500Sold by developer, September 2022: AED 710,800 (AED 904 per sqft)Sold, March 2024: AED 730,000 (AED 929 per sqft)

309 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 309, each contractTypical one-bed in East 40
50K60K70K2020202220242026Typical rent by year: 2020 AED 48,000; 2021 AED 48,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 68,000; 2025 AED 70,000; 2026 AED 69,750New contract, July 2020: AED 48,000 a yearRenewal, August 2021: AED 48,000 a yearNew contract, August 2022: AED 49,500 a yearRenewal, August 2023: AED 52,000 a yearNew contract, August 2024: AED 52,001 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in East 40, and where 309 sits

All 112 1-beds →

309 last sold in March 2024 at AED 929 per sqft, 22% below what one-beds in East 40 were fetching at the time (AED 1,195). Over the last 12 months one-beds sold for AED 900,000 to 1,275,000, around AED 1,289 per sqft, and rent for AED 49,335 to 160,000 a year. 309's AED 52,001 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 2026930,000
14 Oct 20261,080,000
16 Sep 20261,175,000
27 Mar 20261,067,000
9 1-bed sales in the last 12 months

East 40

Building

112 apartments, 1-bed over 12 floors in Al Furjan, completed in 2019 by Townx Real Estate Development . 9 sold in the last 12 months.

Typical price per sqft
AED 1,289
Typical sale
AED 1.08M
Typical rent
AED 70K /yr
Typical yield
6.6%
East 40, Al Furjan: prices, sales and rents →

Other units on the 3rd floor

All 112 units in East 40
Value
3011-bedAED 840K · Oct 2022
3021-bedAED 668K · Jul 2022
3031-bedAED 840K · Nov 2022
3041-bedAED 580K · Jul 2022
3051-bedAED 560K · Jun 2022
3061-bedAED 1.27M · Sep 2025
3071-bedAED 825K · Dec 2023
1–7 of 9

309, East 40 in numbers

  • Sold twice: first on 19 September 2022 for AED 710,800, last on 28 March 2024 for AED 730,000 (AED 929 per sqft).
  • Rented since July 2020 on 5 Ejari contracts, from AED 48,000 to AED 52,001 a year.
  • At AED 52,001 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 11,500 a year (AED 14.58 per sqft).
  • One-beds in East 40 sold for AED 900,000–1,275,000 in the 12 months to November 2026; the building's median across all types is AED 1,289 per sqft.

Source: Dubai Land Department. Updated 28 August 2024.

Questions about 309, East 40

What did unit 309 last sell for?

AED 730,000 on 28 March 2024: AED 929 per sqft for 785 sqft. The unit has 2 registered sales; the first was AED 710,800 in September 2022.

What is the rent for unit 309?

AED 52,001 a year on the contract signed on 28 August 2024. The previous contract, from August 2023, was AED 52,000; the unit has been rented since July 2020.

How big is unit 309?

785 sqft (72.9 sqm): a one-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2019.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in East 40 sold for AED 900,000 to 1,275,000 in the last 12 months, around AED 1,289 per sqft.

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Mortgage on 309, East 40

Starts from the last sale price (AED 730K, 28 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →