3-bed · 1,775 sqftMasakin Al Furjan E, Al Furjan · 4th floor · completed 2012

407, Masakin Al Furjan E

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 21 March 2020
Last soldAED 1.23M12 February 2013
Current rentAED 93K /yr21 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Masakin Al Furjan E

What is 407 worth today?

Last sold for AED 1,234,700 in 2013

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21 Mar 2020RentedRenewal
AED 93,000/yr12 months · AED 52 per sqft
21 Mar 2019RentedRenewal
AED 100,000/yr12 months · AED 56 per sqft
6 Mar 2017RentedNew contract
AED 115,000/yr12 months · AED 65 per sqft
6 Mar 2016RentedRenewal
AED 110,000/yr12 months · AED 62 per sqft
6 Mar 2015RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
6 Mar 2014RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
12 Feb 2013Sold by developerReady
AED 1,234,700AED 695 per sqft

Source: Dubai Land Department. Updated 21 March 2020.

Key facts

Type
3-bed apartment
Size
1,775 sqft
Floor
4th of 5
Parking
E-87,E-88
Developer
Nakheel
Completed
2012
Service charge
AED 28,100 /yr
Last sold
AED 1.23M · February 2013

About 407, Masakin Al Furjan E

407 is a three-bedroom apartment of 1,775 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 12 February 2013 for AED 1,234,700, or AED 695 per sqft, 6% below the AED 742 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 21 March 2020, is AED 93,000 a year: a gross yield of 7.5% on the 2013 price, before the service charge of about AED 28,100 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, February 2013: AED 1,234,700 (AED 695 per sqft)

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

Rents
Unit 407, 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, March 2014: AED 100,000 a yearNew contract, March 2015: AED 100,000 a yearRenewal, March 2016: AED 110,000 a yearNew contract, March 2017: AED 115,000 a yearRenewal, March 2019: AED 100,000 a yearRenewal, March 2020: AED 93,000 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 407 sits

All 33 3-beds →

407 last sold in February 2013 at AED 695 per sqft, 6% below what three-beds in Masakin Al Furjan E were fetching at the time (AED 742). 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. 407's AED 93,000 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 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
4062-bedAED 1.52M · Aug 2024
4083-bedAED 2.53M · Oct 2026
1–7 of 8

407, Masakin Al Furjan E in numbers

  • Sold once: by Nakheel on 12 February 2013 for AED 1,234,700, or AED 695 per sqft.
  • Rented since March 2014 on 6 Ejari contracts, from AED 100,000 to AED 93,000 a year.
  • At AED 93,000 a year the gross yield on the 2013 price is 7.5%, 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 March 2020.

Questions about 407, Masakin Al Furjan E

What did unit 407 last sell for?

AED 1,234,700 on 12 February 2013, sold by the developer: AED 695 per sqft for 1,775 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 93,000 a year on the contract renewed on 21 March 2020. The previous contract, from March 2019, was AED 100,000; the unit has been rented since March 2014.

How big is unit 407?

1,775 sqft (164.9 sqm): a three-bedroom apartment on the 4th floor of a 5-storey tower completed in 2012.

What is unit 407 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 407, Masakin Al Furjan E

Starts from the last sale price (AED 1.23M, 12 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,234,700
Deposit, UAE resident (20%)
AED 246,940
Deposit, non-resident (40%)
AED 493,880
Monthly over 25 years at 3.7%
AED 5,052

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