1-bed · 671 sqftEast 40, Al Furjan · 5th floor · completed 2019

504, East 40

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

Unit 504 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 545K13 June 2022
Current rentAED 55K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, East 40

What is 504 worth today?

Last sold for AED 545,042 in 2022

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1 Aug 2024RentedRenewal
AED 55,000/yr12 months · AED 82 per sqft
1 Aug 2023RentedRenewal
AED 50,000/yr12 months · AED 75 per sqft
1 Aug 2022RentedNew contract
AED 48,000/yr12 months · AED 72 per sqft
13 Jun 2022Sold by developerReady
AED 545,042AED 812 per sqft
10 Nov 2020RentedNew contract
AED 40,000/yr14 months · AED 60 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
671 sqft
Floor
5th of 12
Parking
P2-112
Developer
Townx Real Estate Development
Completed
2019
Service charge
AED 9,800 /yr
Last sold
AED 545K · June 2022
Building
East 40

About 504, East 40

504 is a one-bedroom apartment of 671 sqft on the 5th floor of East 40, a 12-storey tower in Al Furjan completed in 2019 by Townx Real Estate Development . The developer sold it on 13 June 2022 for AED 545,042, or AED 812 per sqft, 3% below the AED 838 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 55,000 a year: a gross yield of 10.1% on the 2022 price, before the service charge of about AED 9,800 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in East 40
500K750K1M2021202320252027Typical 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, June 2022: AED 545,042 (AED 812 per sqft)

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

Rents
Unit 504, each contractTypical one-bed in East 40
40K60K2020202220242026Typical 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, November 2020: AED 40,000 a yearNew contract, August 2022: AED 48,000 a yearRenewal, August 2023: AED 50,000 a yearRenewal, August 2024: AED 55,000 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 504 sits

All 112 1-beds →

504 last sold in June 2022 at AED 812 per sqft, 3% below what one-beds in East 40 were fetching at the time (AED 838). 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. 504's AED 55,000 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 5th floor

All 112 units in East 40
Value
5011-bedAED 840K · Aug 2022
5021-bedAED 600K · Apr 2022
5031-bedAED 1.07M · Mar 2026
5051-bedAED 770K · May 2024
5061-bedAED 916K · Dec 2022
5071-bedAED 638K · Oct 2021
5081-bedAED 865K · May 2022
1–7 of 9

504, East 40 in numbers

  • Sold once: by Townx Real Estate Development on 13 June 2022 for AED 545,042, or AED 812 per sqft.
  • Rented since November 2020 on 4 Ejari contracts, from AED 40,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 10.1%, before a service charge of about AED 9,800 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 1 August 2024.

Questions about 504, East 40

What did unit 504 last sell for?

AED 545,042 on 13 June 2022, sold by the developer: AED 812 per sqft for 671 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 55,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 50,000; the unit has been rented since November 2020.

How big is unit 504?

671 sqft (62.3 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2019.

What is unit 504 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 504, East 40

Starts from the last sale price (AED 545K, 13 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 545,042
Deposit, UAE resident (20%)
AED 109,008
Deposit, non-resident (40%)
AED 218,017
Monthly over 25 years at 3.7%
AED 2,230

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