3-bed · 1,771 sqftMasakin Al Furjan C, Al Furjan · 4th floor · completed 2012

406, Masakin Al Furjan C

Sold prices and rental history: sold 3 times, last in March 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 29 March 2018
Last soldAED 715K29 March 2018
Current rentAED 122K /yr1 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Masakin Al Furjan C

What is 406 worth today?

Last sold for AED 715,000 in 2018

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29 Mar 2018SoldReady
AED 715,000AED 403 per sqft
1 Dec 2016RentedNew contract
AED 122,000/yr12 months · AED 69 per sqft
1 Dec 2015RentedNew contract
AED 122,000/yr12 months · AED 69 per sqft
12 Oct 2015SoldReady
AED 1,675,000AED 945 per sqft
25 Jan 2015Sold by developerReady
AED 1,246,600AED 703 per sqft
1 Dec 2014RentedNew contract
AED 120,000/yr12 months · AED 68 per sqft
1 Dec 2013RentedNew contract
AED 120,000/yr12 months · AED 68 per sqft
17 Oct 2013RentedNew contract
AED 110,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 29 March 2018.

Key facts

Type
3-bed apartment
Size
1,771 sqft
Floor
4th of 4
Parking
C-34,C-35
Developer
Nakheel
Completed
2012
Service charge
AED 30,800 /yr
Last sold
AED 715K · March 2018

About 406, Masakin Al Furjan C

406 is a three-bedroom apartment of 1,771 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 29 March 2018 for AED 715,000, or AED 403 per sqft, 51% below the AED 815 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 December 2016, is AED 122,000 a year: a gross yield of 17.1% on the 2018 price, before the service charge of about AED 30,800 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, January 2015: AED 1,246,600 (AED 703 per sqft)Sold, October 2015: AED 1,675,000 (AED 945 per sqft)Sold, March 2018: AED 715,000 (AED 403 per sqft)

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

Rents
Unit 406, 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, October 2013: AED 110,000 a yearNew contract, December 2013: AED 120,000 a yearNew contract, December 2014: AED 120,000 a yearNew contract, December 2015: AED 122,000 a yearNew contract, December 2016: AED 122,000 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 406 sits

All 27 3-beds →

406 last sold in March 2018 at AED 403 per sqft, 51% below what three-beds in Masakin Al Furjan C were fetching at the time (AED 815). 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. 406's AED 122,000 is in the lower half 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
4043-bedAED 750K · Mar 2023
4053-bedAED 1.35M · Jul 2019
4073-bedAED 1.24M · Oct 2014
4082-bedAED 1.23M · Mar 2022
1–7 of 8

406, Masakin Al Furjan C in numbers

  • Sold 3 times: first on 25 January 2015 for AED 1,246,600, last on 29 March 2018 for AED 715,000 (AED 403 per sqft).
  • Rented since October 2013 on 5 Ejari contracts, from AED 110,000 to AED 122,000 a year.
  • At AED 122,000 a year the gross yield on the 2018 price is 17.1%, before a service charge of about AED 30,800 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 29 March 2018.

Questions about 406, Masakin Al Furjan C

What did unit 406 last sell for?

AED 715,000 on 29 March 2018: AED 403 per sqft for 1,771 sqft. The unit has 3 registered sales; the first was AED 1,246,600 in January 2015.

What is the rent for unit 406?

AED 122,000 a year on the contract signed on 1 December 2016. The previous contract, from December 2015, was AED 122,000; the unit has been rented since October 2013.

How big is unit 406?

1,771 sqft (164.5 sqm): a three-bedroom apartment on the 4th floor of a 4-storey tower completed in 2012.

What is unit 406 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 406, Masakin Al Furjan C

Starts from the last sale price (AED 715K, 29 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 715,000
Deposit, UAE resident (20%)
AED 143,000
Deposit, non-resident (40%)
AED 286,000
Monthly over 25 years at 3.7%
AED 2,925

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