701, East 40
Sold prices and rental history: sold once, by the developer in September 2022, 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 701, East 40
What is 701 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 974 sqft
- Floor
- 7th of 12
- Parking
- P1-71
- Developer
- Townx Real Estate Development
- Completed
- 2019
- Service charge
- AED 14,200 /yr
- Last sold
- AED 840K · September 2022
- Building
- East 40
About 701, East 40
701 is a one-bedroom apartment of 974 sqft on the 7th floor of East 40, a 12-storey tower in Al Furjan completed in 2019 by Townx Real Estate Development . The developer sold it on 19 September 2022 for AED 839,860, or AED 862 per sqft, in line with the AED 854 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 September 2026, is AED 75,000 a year: a gross yield of 8.9% on the 2022 price, before the service charge of about AED 14,200 a year.
Sales and rents for 701 over time
701 has sold once; 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 701 sits
All 112 1-beds →701 last sold in September 2022 at AED 862 per sqft, in line with what one-beds in East 40 were fetching at the time (AED 854). 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. 701's AED 75,000 is in the lower half 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 7th floor
All 112 units in East 40| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 690 sqft | AED 900KAED 900,000 · Jan 2026January 2026 | 54,000 /yr | |
| 703 | 1-bed | 969 sqft | AED 840KAED 839,860 · Nov 2022November 2022 | 89,000 /yr | |
| 704 | 1-bed | 671 sqft | AED 750KAED 750,000 · Jan 2024January 2024 | 65,641 /yr | |
| 705 | 1-bed | 670 sqft | AED 583KAED 583,495 · Apr 2022April 2022 | 60,000 /yr | |
| 706 | 1-bed | 969 sqft | AED 923KAED 923,000 · Nov 2022November 2022 | 70,000 /yr | |
| 707 | 1-bed | 690 sqft | AED 683KAED 683,200 · Apr 2022April 2022 | 67,500 /yr | |
| 708 | 1-bed | 992 sqft | AED 900KAED 900,000 · Nov 2021November 2021 | 58,000 /yr | |
| 709 | 1-bed | 785 sqft | AED 660KAED 660,000 · Apr 2022April 2022 | 64,000 /yr | |
| 710 | 1-bed | 712 sqft | AED 567KAED 566,500 · May 2022May 2022 | 47,000 /yr |
701, East 40 in numbers
- Sold once: by Townx Real Estate Development on 19 September 2022 for AED 839,860, or AED 862 per sqft.
- Rented since July 2020 on 7 Ejari contracts, from AED 54,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2022 price is 8.9%, 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 1 September 2026.
Questions about 701, East 40
What did unit 701 last sell for?
AED 839,860 on 19 September 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 701?
AED 75,000 a year on the contract signed on 1 September 2026. The previous contract, from February 2025, was AED 80,000; the unit has been rented since July 2020.
How big is unit 701?
974 sqft (90.5 sqm): a one-bedroom apartment on the 7th floor of a 12-storey tower completed in 2019.
What is unit 701 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 701, East 40
Starts from the last sale price (AED 840K, 19 September 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 →