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3-bed · 1,857 sqftMasakin Al Furjan E, Al Furjan · 4th floor · completed 2012

409, Masakin Al Furjan E

Sold prices and rental history: sold once, by the developer in February 2012, and rented once, from October 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 15 October 2018
Last soldAED 1.58M29 February 2012
Current rentAED 40K /yr15 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 409, Masakin Al Furjan E

What is 409 worth today?

Last sold for AED 1,578,500 in 2012

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15 Oct 2018RentedNew contract
AED 40,000/yr24 months · AED 22 per sqft
29 Feb 2012Sold by developerReady
AED 1,578,500AED 850 per sqft

Source: Dubai Land Department. Updated 15 October 2018.

Key facts

Type
3-bed apartment
Size
1,857 sqft
Floor
4th of 5
Parking
E-106,E-107
Developer
Nakheel
Completed
2012
Service charge
AED 29,400 /yr
Last sold
AED 1.58M · February 2012
Building
Masakin Al Furjan E

About 409, Masakin Al Furjan E

409 is a three-bedroom apartment of 1,857 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 29 February 2012 for AED 1,578,500, or AED 850 per sqft.

One Ejari contract is registered, from 15 October 2018. The current contract, signed on 15 October 2018, is AED 40,000 a year: a gross yield of 2.5% on the 2012 price, before the service charge of about AED 29,400 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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 2012: AED 1,578,500 (AED 850 per sqft)

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

Rents
Unit 409, each contractTypical three-bed in Masakin Al Furjan E
50K100K150K2012201620202024Typical 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, October 2018: AED 40,000 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 409 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. 409's AED 40,000 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
4073-bedAED 1.23M · Feb 2013
1–7 of 8

409, Masakin Al Furjan E in numbers

  • Sold once: by Nakheel on 29 February 2012 for AED 1,578,500, or AED 850 per sqft.
  • Rented since October 2018 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2012 price is 2.5%, before a service charge of about AED 29,400 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 15 October 2018.

Questions about 409, Masakin Al Furjan E

What did unit 409 last sell for?

AED 1,578,500 on 29 February 2012, sold by the developer: AED 850 per sqft for 1,857 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 40,000 a year on the contract signed on 15 October 2018.

How big is unit 409?

1,857 sqft (172.5 sqm): a three-bedroom apartment on the 4th floor of a 5-storey tower completed in 2012.

What is unit 409 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 409, Masakin Al Furjan E

Starts from the last sale price (AED 1.58M, 29 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,578,500
Deposit, UAE resident (20%)
AED 315,700
Deposit, non-resident (40%)
AED 631,400
Monthly over 25 years at 3.7%
AED 6,458

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