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

409, Masakin Al Furjan D

Sold prices and rental history: sold twice, last in June 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 5 June 2016
Last soldAED 1.7M5 June 2016
Current rentAED 135K /yr2 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Masakin Al Furjan D

What is 409 worth today?

Last sold for AED 1,700,000 in 2016

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5 Jun 2016SoldReady
AED 1,700,000AED 915 per sqft
2 May 2015RentedNew contract
AED 135,000/yr12 months · AED 73 per sqft
25 Apr 2014RentedNew contract
AED 130,000/yr12 months · AED 70 per sqft
17 Jun 2013Sold by developerReady
AED 1,176,300AED 633 per sqft
1 Jan 2013RentedNew contract
AED 108,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 5 June 2016.

Key facts

Type
3-bed apartment
Size
1,857 sqft
Floor
4th of 5
Parking
D-49,D-50
Developer
Nakheel
Completed
2012
Service charge
AED 30,300 /yr
Last sold
AED 1.7M · June 2016

About 409, Masakin Al Furjan D

409 is a three-bedroom apartment of 1,857 sqft on the 4th floor of Masakin Al Furjan D, a 5-storey tower in Al Furjan completed in 2012 by Nakheel. It last sold on 5 June 2016 for AED 1,700,000, or AED 915 per sqft, 40% above the AED 655 three-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 2 May 2015, is AED 135,000 a year: a gross yield of 7.9% on the 2016 price, before the service charge of about AED 30,300 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical three-bed in Masakin Al Furjan D
1.5M2M2012201620202024Typical sale price by year: 2012 AED 1,627,600; 2013 AED 1,226,950; 2014 AED 1,249,500; 2015 AED 1,223,600; 2016 AED 1,625,000; 2017 AED 1,480,000; 2019 AED 1,292,500; 2023 AED 1,587,500; 2024 AED 2,100,000Sold by developer, June 2013: AED 1,176,300 (AED 633 per sqft)Sold, June 2016: AED 1,700,000 (AED 915 per sqft)

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

Rents
Unit 409, each contractTypical three-bed in Masakin Al Furjan D
100K150K2013201720212025Typical rent by year: 2013 AED 100,000; 2014 AED 110,000; 2015 AED 130,000; 2016 AED 125,000; 2017 AED 125,000; 2018 AED 107,500; 2019 AED 105,000; 2020 AED 83,000; 2021 AED 82,500; 2022 AED 93,500; 2023 AED 119,469; 2024 AED 142,500; 2025 AED 159,050; 2026 AED 147,500New contract, January 2013: AED 108,000 a yearNew contract, April 2014: AED 130,000 a yearNew contract, May 2015: AED 135,000 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 D, and where 409 sits

All 33 3-beds →

409 last sold in June 2016 at AED 915 per sqft, 40% above what three-beds in Masakin Al Furjan D were fetching at the time (AED 655). Over the last 12 months three-beds sold for AED 2,235,000 to 2,700,000, around AED 1,263 per sqft, and rent for AED 118,800 to 169,091 a year. 409's AED 135,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Oct 20262,235,000
17 Feb 20262,700,000
10 Apr 20252,300,000
25 Mar 20252,100,000
2 3-bed sales in the last 12 months

Masakin Al Furjan D

Building

51 apartments, 1-bed to 3-bed over 5 floors in Al Furjan, completed in 2012 by Nakheel. 4 sold in the last 12 months.

Typical price per sqft
AED 1,223
Typical sale
AED 2.06M
Typical rent
AED 126K /yr
Typical yield
6.6%
Masakin Al Furjan D, Al Furjan: prices, sales and rents →

Other units on the 4th floor

All 51 units in Masakin Al Furjan D
Value
4013-bedAED 1.35M · Feb 2022
4023-bedAED 1.2M · Jul 2019
4033-bedAED 1.58M · Sep 2023
4042-bedAED 1.23M · Aug 2013
4051-bedAED 600K · Nov 2015
4062-bedAED 1.22M · Apr 2014
4073-bedAED 1.23M · Nov 2015
1–7 of 8

409, Masakin Al Furjan D in numbers

  • Sold twice: first on 17 June 2013 for AED 1,176,300, last on 5 June 2016 for AED 1,700,000 (AED 915 per sqft).
  • Rented since January 2013 on 3 Ejari contracts, from AED 108,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2016 price is 7.9%, before a service charge of about AED 30,300 a year (AED 16.31 per sqft).
  • Three-beds in Masakin Al Furjan D sold for AED 2,235,000–2,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,223 per sqft.

Source: Dubai Land Department. Updated 5 June 2016.

Questions about 409, Masakin Al Furjan D

What did unit 409 last sell for?

AED 1,700,000 on 5 June 2016: AED 915 per sqft for 1,857 sqft. The unit has 2 registered sales; the first was AED 1,176,300 in June 2013.

What is the rent for unit 409?

AED 135,000 a year on the contract signed on 2 May 2015. The previous contract, from April 2014, was AED 130,000; the unit has been rented since January 2013.

How big is unit 409?

1,857 sqft (172.5 sqm): a three-bedroom apartment on the 4th floor of a 5-storey tower completed in 2012.

What is unit 409 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 D sold for AED 2,235,000 to 2,700,000 in the last 12 months, around AED 1,263 per sqft.

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Mortgage on 409, Masakin Al Furjan D

Starts from the last sale price (AED 1.7M, 5 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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