2-bed · 1,397 sqftMasakin Al Furjan E, Al Furjan · 4th floor · completed 2012

406, Masakin Al Furjan E

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 2 August 2024
Last soldAED 1.52M2 August 2024
Current rentAED 64K /yr2 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Masakin Al Furjan E

What is 406 worth today?

Last sold for AED 1,520,000 in 2024

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2 Aug 2024SoldReady
AED 1,520,000AED 1,087 per sqft
2 Aug 2024RentedNew contract
AED 63,788/yr10 months · AED 46 per sqft
10 Nov 2023RentedRenewal
AED 90,000/yr12 months · AED 64 per sqft
10 Nov 2022RentedRenewal
AED 84,000/yr12 months · AED 60 per sqft
10 Nov 2021RentedNew contract
AED 84,000/yr12 months · AED 60 per sqft
1 Jun 2014SoldReady
AED 1,600,000AED 1,145 per sqft
25 Sep 2013RentedNew contract
AED 78,000/yr6 months · AED 56 per sqft
5 Jun 2013Sold by developerReady
AED 1,220,300AED 873 per sqft

Source: Dubai Land Department. Updated 2 August 2024.

Key facts

Type
2-bed apartment
Size
1,397 sqft
Floor
4th of 5
Parking
E-84,E-85
Developer
Nakheel
Completed
2012
Service charge
AED 22,100 /yr
Last sold
AED 1.52M · August 2024

About 406, Masakin Al Furjan E

406 is a two-bedroom apartment of 1,397 sqft on the 4th floor of Masakin Al Furjan E, a 5-storey tower in Al Furjan completed in 2012 by Nakheel. It last sold on 2 August 2024 for AED 1,520,000, or AED 1,087 per sqft, 27% above the AED 857 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 2 August 2024, is AED 63,788 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 22,100 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Masakin Al Furjan E
1.2M1.4M1.6M2012201620202024Typical sale price by year: 2012 AED 1,225,300; 2013 AED 1,225,000; 2014 AED 1,395,300; 2023 AED 1,280,000Sold by developer, June 2013: AED 1,220,300 (AED 873 per sqft)Sold, June 2014: AED 1,600,000 (AED 1,145 per sqft)Sold, August 2024: AED 1,520,000 (AED 1,087 per sqft)

406 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 406, each contractTypical two-bed in Masakin Al Furjan E
75K100K2012201620202024Typical rent by year: 2012 AED 72,000; 2013 AED 76,500; 2014 AED 88,500; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 93,713; 2018 AED 87,000; 2019 AED 84,000; 2020 AED 81,000; 2021 AED 73,500; 2022 AED 80,000; 2023 AED 80,000; 2024 AED 93,750; 2025 AED 111,000; 2026 AED 92,938New contract, September 2013: AED 78,000 a yearNew contract, November 2021: AED 84,000 a yearRenewal, November 2022: AED 84,000 a yearRenewal, November 2023: AED 90,000 a yearNew contract, August 2024: AED 63,788 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 E, and where 406 sits

All 14 2-beds →

406 last sold in August 2024 at AED 1,087 per sqft, 27% above what two-beds in Masakin Al Furjan E were fetching at the time (AED 857). Over the last 12 months two-beds sold for AED 1,550,000, around AED 1,108 per sqft, and rent for AED 70,616 to 135,000 a year. 406's AED 63,788 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Apr 20261,550,000
3 Nov 20251,800,000
6 Nov 20231,300,000
31 Oct 20231,235,000
1 2-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
4033-bedAED 1.23M · Nov 2016
4042-bedAED 1.55M · Apr 2026
4051-bedAED 410K · Nov 2021
4073-bedAED 1.23M · Feb 2013
4083-bedAED 2.53M · Oct 2026
1–7 of 8

406, Masakin Al Furjan E in numbers

  • Sold 3 times: first on 5 June 2013 for AED 1,220,300, last on 2 August 2024 for AED 1,520,000 (AED 1,087 per sqft).
  • Rented since September 2013 on 5 Ejari contracts, from AED 78,000 to AED 63,788 a year.
  • At AED 63,788 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 22,100 a year (AED 15.81 per sqft).
  • Two-beds in Masakin Al Furjan E sold for AED 1,550,000–1,550,000 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 2 August 2024.

Questions about 406, Masakin Al Furjan E

What did unit 406 last sell for?

AED 1,520,000 on 2 August 2024: AED 1,087 per sqft for 1,397 sqft. The unit has 3 registered sales; the first was AED 1,220,300 in June 2013.

What is the rent for unit 406?

AED 63,788 a year on the contract signed on 2 August 2024. The previous contract, from November 2023, was AED 90,000; the unit has been rented since September 2013.

How big is unit 406?

1,397 sqft (129.8 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2012.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Masakin Al Furjan E sold for AED 1,550,000 to 1,550,000 in the last 12 months, around AED 1,108 per sqft.

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Mortgage on 406, Masakin Al Furjan E

Starts from the last sale price (AED 1.52M, 2 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,520,000
Deposit, UAE resident (20%)
AED 304,000
Deposit, non-resident (40%)
AED 608,000
Monthly over 25 years at 3.7%
AED 6,219

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