1-bed · 969 sqftEast 40, Al Furjan · 4th floor · completed 2019

406, East 40

Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 16 November 2022
Last soldAED 874K16 November 2022
Current rentAED 58K /yr18 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, East 40

What is 406 worth today?

Last sold for AED 874,200 in 2022

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16 Nov 2022Sold by developerReady
AED 874,200AED 901 per sqft
18 Sep 2021RentedRenewal
AED 58,000/yr12 months · AED 60 per sqft
18 Aug 2020RentedNew contract
AED 58,000/yr13 months · AED 60 per sqft

Source: Dubai Land Department. Updated 16 November 2022.

Key facts

Type
1-bed apartment
Size
969 sqft
Floor
4th of 12
Parking
P1-46
Developer
Townx Real Estate Development
Completed
2019
Service charge
AED 14,100 /yr
Last sold
AED 874K · November 2022
Building
East 40

About 406, East 40

406 is a one-bedroom apartment of 969 sqft on the 4th floor of East 40, a 12-storey tower in Al Furjan completed in 2019 by Townx Real Estate Development . The developer sold it on 16 November 2022 for AED 874,200, or AED 901 per sqft, 5% above the AED 862 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 18 September 2021, is AED 58,000 a year: a gross yield of 6.6% on the 2022 price, before the service charge of about AED 14,100 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, November 2022: AED 874,200 (AED 901 per sqft)

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

Rents
Unit 406, 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, August 2020: AED 58,000 a yearRenewal, September 2021: AED 58,000 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 406 sits

All 112 1-beds →

406 last sold in November 2022 at AED 901 per sqft, 5% above what one-beds in East 40 were fetching at the time (AED 862). 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. 406's AED 58,000 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 4th floor

All 112 units in East 40
Value
4011-bedAED 831K · Nov 2022
4021-bedAED 609K · Jul 2022
4031-bedAED 830K · May 2022
4041-bedAED 550K · May 2022
4051-bedAED 545K · Jul 2022
4071-bedAED 683K · Jun 2022
4081-bedAED 902K · Nov 2022
1–7 of 9

406, East 40 in numbers

  • Sold once: by Townx Real Estate Development on 16 November 2022 for AED 874,200, or AED 901 per sqft.
  • Rented since August 2020 on 2 Ejari contracts, at AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2022 price is 6.6%, before a service charge of about AED 14,100 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 16 November 2022.

Questions about 406, East 40

What did unit 406 last sell for?

AED 874,200 on 16 November 2022, sold by the developer: AED 901 per sqft for 969 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 58,000 a year on the contract renewed on 18 September 2021. The previous contract, from August 2020, was AED 58,000.

How big is unit 406?

969 sqft (90.0 sqm): a one-bedroom apartment on the 4th floor of a 12-storey tower completed in 2019.

What is unit 406 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 406, East 40

Starts from the last sale price (AED 874K, 16 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 874,200
Deposit, UAE resident (20%)
AED 174,840
Deposit, non-resident (40%)
AED 349,680
Monthly over 25 years at 3.7%
AED 3,577

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