2-bed · 1,398 sqftMasakin Al Furjan C, Al Furjan · 4th floor · completed 2012

408, Masakin Al Furjan C

Sold prices and rental history: sold 3 times, last in March 2022, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 25 March 2022
Last soldAED 1.23M25 March 2022
Current rentAED 110K /yr10 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Masakin Al Furjan C

What is 408 worth today?

Last sold for AED 1,225,000 in 2022

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25 Mar 2022SoldReady
AED 1,225,000AED 876 per sqft
19 May 2015SoldReady
AED 1,350,000AED 965 per sqft
10 Aug 2014RentedNew contract
AED 110,000/yr12 months · AED 79 per sqft
1 Feb 2014RentedNew contract
AED 84,000/yr6 months · AED 60 per sqft
11 Jun 2013Sold by developerReady
AED 910,800AED 651 per sqft

Source: Dubai Land Department. Updated 25 March 2022.

Key facts

Type
2-bed apartment
Size
1,398 sqft
Floor
4th of 4
Parking
C-38
Developer
Nakheel
Completed
2012
Service charge
AED 24,300 /yr
Last sold
AED 1.23M · March 2022

About 408, Masakin Al Furjan C

408 is a two-bedroom apartment of 1,398 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 25 March 2022 for AED 1,225,000, or AED 876 per sqft.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 10 August 2014, is AED 110,000 a year: a gross yield of 9.0% on the 2022 price, before the service charge of about AED 24,300 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical two-bed in Masakin Al Furjan C
1M1.25M2013201620192022Typical sale price by year: 2013 AED 915,550; 2014 AED 908,400; 2015 AED 897,000; 2016 AED 1,350,000Sold by developer, June 2013: AED 910,800 (AED 651 per sqft)Sold, May 2015: AED 1,350,000 (AED 965 per sqft)Sold, March 2022: AED 1,225,000 (AED 876 per sqft)

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

Rents
Unit 408, each contractTypical two-bed in Masakin Al Furjan C
80K100K120K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,500; 2014 AED 85,000; 2015 AED 96,080; 2016 AED 105,000; 2017 AED 103,000; 2018 AED 86,500; 2019 AED 85,000; 2020 AED 74,500; 2021 AED 73,000; 2022 AED 79,000; 2023 AED 83,000; 2024 AED 91,300; 2025 AED 105,000; 2026 AED 115,000New contract, February 2014: AED 84,000 a yearNew contract, August 2014: AED 110,000 a year

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

2-beds in Masakin Al Furjan C, and where 408 sits

All 12 2-beds →

408's AED 110,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Apr 20251,750,000
5 Jan 20241,287,000
18 May 20231,290,000
31 Jan 20231,200,000
0 2-bed sales 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
4063-bedAED 715K · Mar 2018
4073-bedAED 1.24M · Oct 2014
1–7 of 8

408, Masakin Al Furjan C in numbers

  • Sold 3 times: first on 11 June 2013 for AED 910,800, last on 25 March 2022 for AED 1,225,000 (AED 876 per sqft).
  • Rented since February 2014 on 2 Ejari contracts, from AED 84,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 9.0%, before a service charge of about AED 24,300 a year (AED 17.40 per sqft).

Source: Dubai Land Department. Updated 25 March 2022.

Questions about 408, Masakin Al Furjan C

What did unit 408 last sell for?

AED 1,225,000 on 25 March 2022: AED 876 per sqft for 1,398 sqft. The unit has 3 registered sales; the first was AED 910,800 in June 2013.

What is the rent for unit 408?

AED 110,000 a year on the contract signed on 10 August 2014. The previous contract, from February 2014, was AED 84,000.

How big is unit 408?

1,398 sqft (129.9 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2012.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 408, Masakin Al Furjan C

Starts from the last sale price (AED 1.23M, 25 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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