3-bed · 1,776 sqftMasakin Al Furjan C, Al Furjan · 4th floor · completed 2012

402, Masakin Al Furjan C

Sold prices and rental history: sold 4 times, last in September 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 9 May 2023
Last soldAED 1.35M9 September 2022
Current rentAED 100K /yr9 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Masakin Al Furjan C

What is 402 worth today?

Last sold for AED 1,350,000 in 2022

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9 May 2023RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
9 Sep 2022SoldReady
AED 1,350,000AED 760 per sqft
9 May 2022RentedRenewal
AED 91,000/yr12 months · AED 51 per sqft
9 May 2021RentedRenewal
AED 91,000/yr12 months · AED 51 per sqft
9 May 2020RentedRenewal
AED 91,000/yr12 months · AED 51 per sqft
9 May 2019RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
15 Mar 2018RentedRenewal
AED 110,250/yr12 months · AED 62 per sqft
13 Jul 2017SoldReady
AED 1,400,000AED 788 per sqft

Source: Dubai Land Department. Updated 9 May 2023.

Key facts

Type
3-bed apartment
Size
1,776 sqft
Floor
4th of 4
Parking
C-27,C-28
Developer
Nakheel
Completed
2012
Service charge
AED 30,900 /yr
Last sold
AED 1.35M · September 2022

About 402, Masakin Al Furjan C

402 is a three-bedroom apartment of 1,776 sqft on the 4th floor of Masakin Al Furjan C, a 4-storey tower in Al Furjan completed in 2012 by Nakheel. It last sold on 9 September 2022 for AED 1,350,000, or AED 760 per sqft, in line with the AED 760 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 9 May 2023, is AED 100,000 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 30,900 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Masakin Al Furjan C
1.2M1.4M1.6M2012201520182021Typical sale price by year: 2012 AED 1,522,200; 2013 AED 1,229,500; 2014 AED 1,235,700; 2015 AED 1,487,500; 2016 AED 1,575,000; 2021 AED 1,360,000Sold by developer, May 2013: AED 1,232,700 (AED 694 per sqft)Sold, June 2015: AED 1,300,000 (AED 732 per sqft)Sold, July 2017: AED 1,400,000 (AED 788 per sqft)Sold, September 2022: AED 1,350,000 (AED 760 per sqft)

402 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 402, each contractTypical three-bed in Masakin Al Furjan C
100K125K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 100,000; 2014 AED 120,000; 2015 AED 122,000; 2016 AED 132,500; 2017 AED 127,500; 2018 AED 115,760; 2019 AED 107,126; 2020 AED 95,000; 2021 AED 87,500; 2022 AED 100,000; 2023 AED 125,000; 2024 AED 125,000; 2025 AED 127,336; 2026 AED 134,851New contract, March 2013: AED 100,000 a yearNew contract, March 2014: AED 100,000 a yearNew contract, March 2015: AED 105,000 a yearNew contract, March 2016: AED 110,250 a yearRenewal, March 2017: AED 110,250 a yearRenewal, March 2018: AED 110,250 a yearNew contract, May 2019: AED 100,000 a yearRenewal, May 2020: AED 91,000 a yearRenewal, May 2021: AED 91,000 a yearRenewal, May 2022: AED 91,000 a yearNew contract, May 2023: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Masakin Al Furjan C, and where 402 sits

All 27 3-beds →

402 last sold in September 2022 at AED 760 per sqft, in line with what three-beds in Masakin Al Furjan C were fetching at the time (AED 760). Over the last 12 months three-beds sold for AED 2,546,000, around AED 1,366 per sqft, and rent for AED 120,000 to 185,000 a year. 402's AED 100,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Feb 20262,546,000
10 Oct 20252,488,000
18 Aug 20252,450,000
26 Dec 20242,375,000
1 3-bed sale in the last 12 months

Masakin Al Furjan C

Building

42 apartments, 1-bed to 3-bed over 4 floors in Al Furjan, completed in 2012 by Nakheel. 2 sold in the last 12 months.

Typical price per sqft
AED 1,289
Typical sale
AED 1.59M
Typical rent
AED 120K /yr
Typical yield
5.9%
Masakin Al Furjan C, Al Furjan: prices, sales and rents →

Other units on the 4th floor

All 42 units in Masakin Al Furjan C
Value
4012-bedAED 917K · Jan 2013
4033-bedAED 1.25M · Dec 2014
4043-bedAED 750K · Mar 2023
4053-bedAED 1.35M · Jul 2019
4063-bedAED 715K · Mar 2018
4073-bedAED 1.24M · Oct 2014
4082-bedAED 1.23M · Mar 2022
1–7 of 8

402, Masakin Al Furjan C in numbers

  • Sold 4 times: first on 26 May 2013 for AED 1,232,700, last on 9 September 2022 for AED 1,350,000 (AED 760 per sqft).
  • Rented since March 2013 on 11 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 7.4%, before a service charge of about AED 30,900 a year (AED 17.40 per sqft).
  • Three-beds in Masakin Al Furjan C sold for AED 2,546,000–2,546,000 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 9 May 2023.

Questions about 402, Masakin Al Furjan C

What did unit 402 last sell for?

AED 1,350,000 on 9 September 2022: AED 760 per sqft for 1,776 sqft. The unit has 4 registered sales; the first was AED 1,232,700 in May 2013.

What is the rent for unit 402?

AED 100,000 a year on the contract signed on 9 May 2023. The previous contract, from May 2022, was AED 91,000; the unit has been rented since March 2013.

How big is unit 402?

1,776 sqft (165.0 sqm): a three-bedroom apartment on the 4th floor of a 4-storey tower completed in 2012.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Masakin Al Furjan C sold for AED 2,546,000 to 2,546,000 in the last 12 months, around AED 1,366 per sqft.

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Mortgage on 402, Masakin Al Furjan C

Starts from the last sale price (AED 1.35M, 9 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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