3-bed · 1,806 sqftMasakin Al Furjan E, Al Furjan · 3rd floor · completed 2012

307, Masakin Al Furjan E

Sold prices and rental history: sold twice, last in November 2018, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 26 November 2018
Last soldAED 1.43M26 November 2018
Current rentAED 130K /yr10 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Masakin Al Furjan E

What is 307 worth today?

Last sold for AED 1,425,000 in 2018

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26 Nov 2018SoldReady
AED 1,425,000AED 788 per sqft
10 Jan 2017RentedNew contract
AED 130,000/yr12 months · AED 72 per sqft
1 May 2014RentedNew contract
AED 130,000/yr12 months · AED 72 per sqft
27 Nov 2013Sold by developerReady
AED 1,230,100AED 681 per sqft

Source: Dubai Land Department. Updated 26 November 2018.

Key facts

Type
3-bed apartment
Size
1,806 sqft
Floor
3rd of 5
Parking
E-70,E-71
Developer
Nakheel
Completed
2012
Service charge
AED 28,600 /yr
Last sold
AED 1.43M · November 2018

About 307, Masakin Al Furjan E

307 is a three-bedroom apartment of 1,806 sqft on the 3rd floor of Masakin Al Furjan E, a 5-storey tower in Al Furjan completed in 2012 by Nakheel. It last sold on 26 November 2018 for AED 1,425,000, or AED 788 per sqft.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 10 January 2017, is AED 130,000 a year: a gross yield of 9.1% on the 2018 price, before the service charge of about AED 28,600 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical three-bed in Masakin Al Furjan E
1M1.5M2M2012201620202024Typical sale price by year: 2012 AED 1,585,800; 2013 AED 1,235,900; 2014 AED 1,257,500; 2015 AED 1,172,900; 2016 AED 1,238,700; 2021 AED 1,350,000; 2022 AED 1,250,000; 2023 AED 1,600,000; 2024 AED 2,200,000Sold by developer, November 2013: AED 1,230,100 (AED 681 per sqft)Sold, November 2018: AED 1,425,000 (AED 788 per sqft)

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

Rents
Unit 307, each contractTypical three-bed in Masakin Al Furjan E
100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 100,000; 2014 AED 105,000; 2015 AED 110,250; 2016 AED 125,000; 2017 AED 124,654; 2018 AED 112,173; 2019 AED 102,000; 2020 AED 94,500; 2021 AED 87,000; 2022 AED 95,000; 2023 AED 110,000; 2024 AED 130,000; 2025 AED 140,000; 2026 AED 129,500New contract, May 2014: AED 130,000 a yearNew contract, January 2017: AED 130,000 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 E, and where 307 sits

All 33 3-beds →

Over the last 12 months three-beds sold for AED 2,525,000, around AED 1,425 per sqft, and rent for AED 112,900 to 160,000 a year. 307's AED 130,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
13 Oct 20262,525,000
22 May 20252,400,000
31 Jan 20252,400,000
30 Dec 20242,200,000
1 3-bed sale in the last 12 months

Masakin Al Furjan E

Building

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

Typical price per sqft
AED 1,174
Typical sale
AED 1.55M
Typical rent
AED 119K /yr
Typical yield
6.3%
Masakin Al Furjan E, Al Furjan: prices, sales and rents →

Other units on the 3rd floor

All 51 units in Masakin Al Furjan E
Value
3013-bedAED 1.58M · Jan 2013
3023-bedAED 1.63M · May 2023
3033-bedAED 1.22M · Nov 2016
3042-bedAED 1.28M · Sep 2023
3051-bedAED 390K · Sep 2022
3062-bedAED 1.23M · Jul 2012
3083-bedAED 1.47M · Nov 2021
1–7 of 8

307, Masakin Al Furjan E in numbers

  • Sold twice: first on 27 November 2013 for AED 1,230,100, last on 26 November 2018 for AED 1,425,000 (AED 788 per sqft).
  • Rented since May 2014 on 2 Ejari contracts, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2018 price is 9.1%, before a service charge of about AED 28,600 a year (AED 15.81 per sqft).
  • Three-beds in Masakin Al Furjan E sold for AED 2,525,000–2,525,000 in the 12 months to November 2026; the building's median across all types is AED 1,174 per sqft.

Source: Dubai Land Department. Updated 26 November 2018.

Questions about 307, Masakin Al Furjan E

What did unit 307 last sell for?

AED 1,425,000 on 26 November 2018: AED 788 per sqft for 1,806 sqft. The unit has 2 registered sales; the first was AED 1,230,100 in November 2013.

What is the rent for unit 307?

AED 130,000 a year on the contract signed on 10 January 2017. The previous contract, from May 2014, was AED 130,000.

How big is unit 307?

1,806 sqft (167.8 sqm): a three-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2012.

What is unit 307 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 E sold for AED 2,525,000 to 2,525,000 in the last 12 months, around AED 1,425 per sqft.

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Mortgage on 307, Masakin Al Furjan E

Starts from the last sale price (AED 1.43M, 26 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,000
Deposit, UAE resident (20%)
AED 285,000
Deposit, non-resident (40%)
AED 570,000
Monthly over 25 years at 3.7%
AED 5,830

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