1-bed · 974 sqftEast 40, Al Furjan · 6th floor · completed 2019

601, East 40

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

Unit 601 · DLD and Ejari recordsUpdated 20 October 2022
Last soldAED 840K20 October 2022
Current rentAED 55K /yr4 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, East 40

What is 601 worth today?

Last sold for AED 839,860 in 2022

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20 Oct 2022Sold by developerReady
AED 839,860AED 862 per sqft
4 Sep 2021RentedRenewal
AED 55,000/yr12 months · AED 56 per sqft
4 Aug 2020RentedNew contract
AED 55,000/yr13 months · AED 56 per sqft

Source: Dubai Land Department. Updated 20 October 2022.

Key facts

Type
1-bed apartment
Size
974 sqft
Floor
6th of 12
Parking
P1-61
Developer
Townx Real Estate Development
Completed
2019
Service charge
AED 14,200 /yr
Last sold
AED 840K · October 2022
Building
East 40

About 601, East 40

601 is a one-bedroom apartment of 974 sqft on the 6th floor of East 40, a 12-storey tower in Al Furjan completed in 2019 by Townx Real Estate Development . The developer sold it on 20 October 2022 for AED 839,860, or AED 862 per sqft, in line with the AED 855 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 4 September 2021, is AED 55,000 a year: a gross yield of 6.6% on the 2022 price, before the service charge of about AED 14,200 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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, October 2022: AED 839,860 (AED 862 per sqft)

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

Rents
Unit 601, 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 55,000 a yearRenewal, September 2021: 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 601 sits

All 112 1-beds →

601 last sold in October 2022 at AED 862 per sqft, in line with what one-beds in East 40 were fetching at the time (AED 855). 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. 601'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 6th floor

All 112 units in East 40
Value
6021-bedAED 600K · Jun 2022
6031-bedAED 1.25M · Dec 2025
6041-bedAED 550K · Feb 2022
6051-bedAED 545K · Jun 2022
6061-bedAED 902K · Jan 2023
6071-bedAED 690K · May 2022
6081-bedAED 437K · Jul 2022
1–7 of 9

601, East 40 in numbers

  • Sold once: by Townx Real Estate Development on 20 October 2022 for AED 839,860, or AED 862 per sqft.
  • Rented since August 2020 on 2 Ejari contracts, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 6.6%, before a service charge of about AED 14,200 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 20 October 2022.

Questions about 601, East 40

What did unit 601 last sell for?

AED 839,860 on 20 October 2022, sold by the developer: AED 862 per sqft for 974 sqft. It is the only registered sale of the unit.

What is the rent for unit 601?

AED 55,000 a year on the contract renewed on 4 September 2021. The previous contract, from August 2020, was AED 55,000.

How big is unit 601?

974 sqft (90.5 sqm): a one-bedroom apartment on the 6th floor of a 12-storey tower completed in 2019.

What is unit 601 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 601, East 40

Starts from the last sale price (AED 840K, 20 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 839,860
Deposit, UAE resident (20%)
AED 167,972
Deposit, non-resident (40%)
AED 335,944
Monthly over 25 years at 3.7%
AED 3,436

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