505, East 40
Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, East 40
What is 505 worth today?
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Source: Dubai Land Department. Updated 7 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 670 sqft
- Floor
- 5th of 12
- Parking
- P1-55
- Developer
- Townx Real Estate Development
- Completed
- 2019
- Service charge
- AED 9,800 /yr
- Last sold
- AED 770K · May 2024
- Building
- East 40
About 505, East 40
505 is a one-bedroom apartment of 670 sqft on the 5th floor of East 40, a 12-storey tower in Al Furjan completed in 2019 by Townx Real Estate Development . It last sold on 7 May 2024 for AED 770,000, or AED 1,149 per sqft, in line with the AED 1,172 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 7 May 2024, is AED 48,226 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 9,800 a year.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the one-bed median of each year in the building.
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 505 sits
All 112 1-beds →505 last sold in May 2024 at AED 1,149 per sqft, in line with what one-beds in East 40 were fetching at the time (AED 1,172). 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. 505's AED 48,226 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 690 sqft | 930,000 | 1,347 | ||
| 14 Oct 202614 October 2026 | 969 sqft | 1,080,000 | 1,114 | ||
| 16 Sep 202616 September 2026 | 974 sqft | 1,175,000 | 1,206 | ||
| 27 Mar 202627 March 2026 | 969 sqft | 1,067,000 | 1,100 |
East 40
Building112 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%
Other units on the 5th floor
All 112 units in East 40| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 974 sqft | AED 840KAED 839,860 · Aug 2022August 2022 | 72,000 /yr | |
| 502 | 1-bed | 690 sqft | AED 600KAED 600,000 · Apr 2022April 2022 | 67,000 /yr | |
| 503 | 1-bed | 969 sqft | AED 1.07MAED 1,067,000 · Mar 2026March 2026 | 82,480 /yr | |
| 504 | 1-bed | 671 sqft | AED 545KAED 545,042 · Jun 2022June 2022 | 55,000 /yr | |
| 506 | 1-bed | 969 sqft | AED 916KAED 916,050 · Dec 2022December 2022 | 58,000 /yr | |
| 507 | 1-bed | 690 sqft | AED 638KAED 638,000 · Oct 2021October 2021 | 75,000 /yr | |
| 508 | 1-bed | 992 sqft | AED 865KAED 864,900 · May 2022May 2022 | 58,000 /yr | |
| 509 | 1-bed | 785 sqft | AED 800KAED 800,000 · Dec 2024December 2024 | 75,000 /yr | |
| 510 | 1-bed | 712 sqft | AED 572KAED 571,799 · Jun 2022June 2022 | 60,227 /yr |
505, East 40 in numbers
- Sold twice: first on 6 July 2022 for AED 550,000, last on 7 May 2024 for AED 770,000 (AED 1,149 per sqft).
- Rented since July 2020 on 4 Ejari contracts, from AED 42,000 to AED 48,226 a year.
- At AED 48,226 a year the gross yield on the 2024 price is 6.3%, 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 7 May 2024.
Questions about 505, East 40
What did unit 505 last sell for?
AED 770,000 on 7 May 2024: AED 1,149 per sqft for 670 sqft. The unit has 2 registered sales; the first was AED 550,000 in July 2022.
What is the rent for unit 505?
AED 48,226 a year on the contract signed on 7 May 2024. The previous contract, from August 2023, was AED 48,000; the unit has been rented since July 2020.
How big is unit 505?
670 sqft (62.2 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2019.
What is unit 505 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 505, East 40
Starts from the last sale price (AED 770K, 7 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 770,000
- Deposit, UAE resident (20%)
- AED 154,000
- Deposit, non-resident (40%)
- AED 308,000
- Monthly over 25 years at 3.7%
- AED 3,150
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →