3-bed · 1,857 sqftMasakin Al Furjan C, Al Furjan · 4th floor · completed 2012

404, Masakin Al Furjan C

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 25 August 2023
Last soldAED 750K16 March 2023
Current rentAED 326K /yr25 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Masakin Al Furjan C

What is 404 worth today?

Last sold for AED 750,000 in 2023

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25 Aug 2023RentedRenewal
AED 326,352/yr2 months · AED 176 per sqft
16 Mar 2023SoldReady
AED 750,000AED 403 per sqft
25 Aug 2022RentedRenewal
AED 99,750/yr12 months · AED 54 per sqft
25 Aug 2021RentedRenewal
AED 95,000/yr12 months · AED 51 per sqft
25 Aug 2020RentedRenewal
AED 95,000/yr12 months · AED 51 per sqft
25 Aug 2019RentedNew contract
AED 95,000/yr12 months · AED 51 per sqft
21 May 2017RentedNew contract
AED 125,000/yr12 months · AED 67 per sqft
1 Jun 2016RentedNew contract
AED 135,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 25 August 2023.

Key facts

Type
3-bed apartment
Size
1,857 sqft
Floor
4th of 4
Parking
C-31,C-32
Developer
Nakheel
Completed
2012
Service charge
AED 32,300 /yr
Last sold
AED 750K · March 2023

About 404, Masakin Al Furjan C

404 is a three-bedroom apartment of 1,857 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 16 March 2023 for AED 750,000, or AED 403 per sqft, 47% below the AED 760 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 25 August 2023, is AED 326,352 a year: a gross yield of 43.5% on the 2023 price, before the service charge of about AED 32,300 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical three-bed in Masakin Al Furjan C
1M1.5M2012201520182021Typical 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, February 2013: AED 1,172,100 (AED 631 per sqft)Sold, January 2016: AED 1,575,000 (AED 847 per sqft)Sold, March 2023: AED 750,000 (AED 403 per sqft)

404 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 404, each contractTypical three-bed in Masakin Al Furjan C
200K2012201620202024Typical 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, February 2013: AED 110,000 a yearNew contract, March 2014: AED 122,000 a yearNew contract, March 2015: AED 122,000 a yearNew contract, June 2016: AED 135,000 a yearNew contract, May 2017: AED 125,000 a yearNew contract, August 2019: AED 95,000 a yearRenewal, August 2020: AED 95,000 a yearRenewal, August 2021: AED 95,000 a yearRenewal, August 2022: AED 99,750 a yearRenewal, August 2023: AED 326,352 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 404 sits

All 27 3-beds →

404 last sold in March 2023 at AED 403 per sqft, 47% below 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. 404's AED 326,352 is at the top 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
4023-bedAED 1.35M · Sep 2022
4033-bedAED 1.25M · Dec 2014
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

404, Masakin Al Furjan C in numbers

  • Sold 3 times: first on 12 February 2013 for AED 1,172,100, last on 16 March 2023 for AED 750,000 (AED 403 per sqft).
  • Rented since February 2013 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 95,000 in 2021 and recovered to AED 326,352 by August 2023.
  • At AED 326,352 a year the gross yield on the 2023 price is 43.5%, before a service charge of about AED 32,300 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 25 August 2023.

Questions about 404, Masakin Al Furjan C

What did unit 404 last sell for?

AED 750,000 on 16 March 2023: AED 403 per sqft for 1,857 sqft. The unit has 3 registered sales; the first was AED 1,172,100 in February 2013.

What is the rent for unit 404?

AED 326,352 a year on the contract renewed on 25 August 2023. The previous contract, from August 2022, was AED 99,750; the unit has been rented since February 2013.

How big is unit 404?

1,857 sqft (172.5 sqm): a three-bedroom apartment on the 4th floor of a 4-storey tower completed in 2012.

What is unit 404 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 404, Masakin Al Furjan C

Starts from the last sale price (AED 750K, 16 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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