2-bed · 1,993 sqftMasakin Al Furjan C, Al Furjan · Ground floor · completed 2012

G03, Masakin Al Furjan C

Sold prices and rental history: sold twice, last in November 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 25 May 2019
Last soldAED 1.38M17 November 2016
Current rentAED 100K /yr25 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Masakin Al Furjan C

What is G03 worth today?

Last sold for AED 1,380,000 in 2016

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25 May 2019RentedRenewal
AED 100,000/yr12 months · AED 50 per sqft
25 May 2018RentedNew contract
AED 105,000/yr12 months · AED 53 per sqft
17 Nov 2016SoldReady
AED 1,380,000AED 692 per sqft
22 Jul 2013RentedRenewal
AED 89,250/yr36 months · AED 45 per sqft
4 Mar 2013Sold by developerReady
AED 1,296,262AED 650 per sqft
22 Jul 2012RentedNew contract
AED 75,000/yr12 months · AED 38 per sqft

Source: Dubai Land Department. Updated 25 May 2019.

Key facts

Type
2-bed apartment
Size
1,993 sqft
Floor
Ground of 4
Parking
C-14,C-15
Developer
Nakheel
Completed
2012
Service charge
AED 34,700 /yr
Last sold
AED 1.38M · November 2016

About G03, Masakin Al Furjan C

G03 is a two-bedroom apartment of 1,993 sqft on the ground floor of Masakin Al Furjan C, a 4-storey tower in Al Furjan completed in 2012 by Nakheel. It last sold on 17 November 2016 for AED 1,380,000, or AED 692 per sqft, 9% below the AED 757 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 25 May 2019, is AED 100,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 34,700 a year.

Sales and rents for G03 over time

Sales
Unit G03, each saleTypical two-bed in Masakin Al Furjan C
1M1.25M201320152017Typical sale price by year: 2013 AED 915,550; 2014 AED 908,400; 2015 AED 897,000; 2016 AED 1,350,000Sold by developer, March 2013: AED 1,296,262 (AED 650 per sqft)Sold, November 2016: AED 1,380,000 (AED 692 per sqft)

G03 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G03, 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, July 2012: AED 75,000 a yearRenewal, July 2013: AED 89,250 a yearNew contract, May 2018: AED 105,000 a yearRenewal, May 2019: AED 100,000 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 G03 sits

All 12 2-beds →

G03 last sold in November 2016 at AED 692 per sqft, 9% below what two-beds in Masakin Al Furjan C were fetching at the time (AED 757). G03's AED 100,000 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 ground floor

All 42 units in Masakin Al Furjan C
Value
G012-bedAED 1.29M · May 2023
G023-bedAED 1.89M · Sep 2012
G042-bedAED 1.35M · Jul 2022
G053-bedAED 1.35M · Jan 2020
G063-bedAED 1.35M · Jul 2019
G072-bedAED 1.2M · May 2018

G03, Masakin Al Furjan C in numbers

  • Sold twice: first on 4 March 2013 for AED 1,296,262, last on 17 November 2016 for AED 1,380,000 (AED 692 per sqft).
  • Rented since July 2012 on 4 Ejari contracts, from AED 75,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2016 price is 7.2%, before a service charge of about AED 34,700 a year (AED 17.40 per sqft).

Source: Dubai Land Department. Updated 25 May 2019.

Questions about G03, Masakin Al Furjan C

What did unit G03 last sell for?

AED 1,380,000 on 17 November 2016: AED 692 per sqft for 1,993 sqft. The unit has 2 registered sales; the first was AED 1,296,262 in March 2013.

What is the rent for unit G03?

AED 100,000 a year on the contract renewed on 25 May 2019. The previous contract, from May 2018, was AED 105,000; the unit has been rented since July 2012.

How big is unit G03?

1,993 sqft (185.2 sqm): a two-bedroom apartment on the ground floor of a 4-storey tower completed in 2012.

What is unit G03 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 G03, Masakin Al Furjan C

Starts from the last sale price (AED 1.38M, 17 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

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