3-bed · 1,776 sqftMasakin Al Furjan E, Al Furjan · 4th floor · completed 2012

403, Masakin Al Furjan E

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 21 November 2024
Last soldAED 1.23M7 November 2016
Current rentAED 150K /yr21 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Masakin Al Furjan E

What is 403 worth today?

Last sold for AED 1,231,800 in 2016

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21 Nov 2024RentedNew contract
AED 150,000/yr12 months · AED 84 per sqft
11 Jun 2023RentedNew contract
AED 125,000/yr12 months · AED 70 per sqft
5 Jun 2022RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
18 Mar 2021RentedNew contract
AED 80,000/yr12 months · AED 45 per sqft
5 Nov 2019RentedRenewal
AED 100,000/yr12 months · AED 56 per sqft
5 Nov 2018RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
7 Nov 2016Sold by developerReady
AED 1,231,800AED 693 per sqft
10 Apr 2014RentedNew contract
AED 90,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 21 November 2024.

Key facts

Type
3-bed apartment
Size
1,776 sqft
Floor
4th of 5
Parking
E-80,E-81
Developer
Nakheel
Completed
2012
Service charge
AED 28,100 /yr
Last sold
AED 1.23M · November 2016

About 403, Masakin Al Furjan E

403 is a three-bedroom apartment of 1,776 sqft on the 4th floor of Masakin Al Furjan E, a 5-storey tower in Al Furjan completed in 2012 by Nakheel. The developer sold it on 7 November 2016 for AED 1,231,800, or AED 693 per sqft, in line with the AED 686 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 21 November 2024, is AED 150,000 a year: a gross yield of 12.2% on the 2016 price, before the service charge of about AED 28,100 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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 2016: AED 1,231,800 (AED 693 per sqft)

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

Rents
Unit 403, each contractTypical three-bed in Masakin Al Furjan E
100K150K2012201620202024Typical 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 2013: AED 90,000 a yearNew contract, April 2014: AED 90,000 a yearNew contract, November 2018: AED 100,000 a yearRenewal, November 2019: AED 100,000 a yearNew contract, March 2021: AED 80,000 a yearNew contract, June 2022: AED 100,000 a yearNew contract, June 2023: AED 125,000 a yearNew contract, November 2024: AED 150,000 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 403 sits

All 33 3-beds →

403 last sold in November 2016 at AED 693 per sqft, in line with what three-beds in Masakin Al Furjan E were fetching at the time (AED 686). 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. 403's AED 150,000 is in the upper 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 4th floor

All 51 units in Masakin Al Furjan E
Value
4013-bedAED 1.17M · Oct 2015
4023-bedAED 1.25M · Apr 2016
4042-bedAED 1.55M · Apr 2026
4051-bedAED 410K · Nov 2021
4062-bedAED 1.52M · Aug 2024
4073-bedAED 1.23M · Feb 2013
4083-bedAED 2.53M · Oct 2026
1–7 of 8

403, Masakin Al Furjan E in numbers

  • Sold once: by Nakheel on 7 November 2016 for AED 1,231,800, or AED 693 per sqft.
  • Rented since April 2013 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 80,000 in 2021 and recovered to AED 150,000 by November 2024.
  • At AED 150,000 a year the gross yield on the 2016 price is 12.2%, before a service charge of about AED 28,100 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 21 November 2024.

Questions about 403, Masakin Al Furjan E

What did unit 403 last sell for?

AED 1,231,800 on 7 November 2016, sold by the developer: AED 693 per sqft for 1,776 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 150,000 a year on the contract signed on 21 November 2024. The previous contract, from June 2023, was AED 125,000; the unit has been rented since April 2013.

How big is unit 403?

1,776 sqft (165.0 sqm): a three-bedroom apartment on the 4th floor of a 5-storey tower completed in 2012.

What is unit 403 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 403, Masakin Al Furjan E

Starts from the last sale price (AED 1.23M, 7 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,231,800
Deposit, UAE resident (20%)
AED 246,360
Deposit, non-resident (40%)
AED 492,720
Monthly over 25 years at 3.7%
AED 5,040

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