3-bed · 1,802 sqftMasakin Al Furjan E, Al Furjan · 3rd floor · completed 2012

308, Masakin Al Furjan E

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 30 November 2021
Last soldAED 1.47M30 November 2021
Current rentAED 85K /yr25 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Masakin Al Furjan E

What is 308 worth today?

Last sold for AED 1,465,000 in 2021

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30 Nov 2021SoldReady
AED 1,465,000AED 812 per sqft
25 Sep 2020RentedRenewal
AED 85,000/yr12 months · AED 47 per sqft
25 Sep 2019RentedRenewal
AED 100,000/yr12 months · AED 56 per sqft
25 Sep 2018RentedNew contract
AED 110,000/yr12 months · AED 61 per sqft
1 Mar 2018RentedRenewal
AED 125,000/yr12 months · AED 70 per sqft
1 Mar 2017RentedRenewal
AED 135,000/yr12 months · AED 75 per sqft
1 Mar 2016RentedNew contract
AED 135,000/yr12 months · AED 75 per sqft
31 Mar 2015Sold by developerReady
AED 1,669,300AED 926 per sqft

Source: Dubai Land Department. Updated 30 November 2021.

Key facts

Type
3-bed apartment
Size
1,802 sqft
Floor
3rd of 5
Parking
E-72,E-73
Developer
Nakheel
Completed
2012
Service charge
AED 28,500 /yr
Last sold
AED 1.47M · November 2021

About 308, Masakin Al Furjan E

308 is a three-bedroom apartment of 1,802 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 30 November 2021 for AED 1,465,000, or AED 812 per sqft, 18% above the AED 691 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 25 September 2020, is AED 85,000 a year: a gross yield of 5.8% on the 2021 price, before the service charge of about AED 28,500 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, March 2015: AED 1,669,300 (AED 926 per sqft)Sold, November 2021: AED 1,465,000 (AED 812 per sqft)

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

Rents
Unit 308, 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, April 2014: AED 100,000 a yearNew contract, March 2016: AED 135,000 a yearRenewal, March 2017: AED 135,000 a yearRenewal, March 2018: AED 125,000 a yearNew contract, September 2018: AED 110,000 a yearRenewal, September 2019: AED 100,000 a yearRenewal, September 2020: AED 85,000 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 308 sits

All 33 3-beds →

308 last sold in November 2021 at AED 812 per sqft, 18% above what three-beds in Masakin Al Furjan E were fetching at the time (AED 691). 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. 308's AED 85,000 is at the bottom 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
3073-bedAED 1.43M · Nov 2018
1–7 of 8

308, Masakin Al Furjan E in numbers

  • Sold twice: first on 31 March 2015 for AED 1,669,300, last on 30 November 2021 for AED 1,465,000 (AED 812 per sqft).
  • Rented since April 2014 on 7 Ejari contracts, from AED 100,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 5.8%, before a service charge of about AED 28,500 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 30 November 2021.

Questions about 308, Masakin Al Furjan E

What did unit 308 last sell for?

AED 1,465,000 on 30 November 2021: AED 812 per sqft for 1,802 sqft. The unit has 2 registered sales; the first was AED 1,669,300 in March 2015.

What is the rent for unit 308?

AED 85,000 a year on the contract renewed on 25 September 2020. The previous contract, from September 2019, was AED 100,000; the unit has been rented since April 2014.

How big is unit 308?

1,802 sqft (167.4 sqm): a three-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2012.

What is unit 308 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 308, Masakin Al Furjan E

Starts from the last sale price (AED 1.47M, 30 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,465,000
Deposit, UAE resident (20%)
AED 293,000
Deposit, non-resident (40%)
AED 586,000
Monthly over 25 years at 3.7%
AED 5,994

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