3-bed · 1,857 sqftMasakin Al Furjan E, Al Furjan · 5th floor · completed 2012

509, Masakin Al Furjan E

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 30 December 2024
Last soldAED 2.2M30 December 2024
Current rentAED 110K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Masakin Al Furjan E

What is 509 worth today?

Last sold for AED 2,200,000 in 2024

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30 Dec 2024SoldReady
AED 2,200,000AED 1,184 per sqft
1 Nov 2023RentedNew contract
AED 110,000/yr12 months · AED 59 per sqft
13 Sep 2023SoldReady
AED 1,600,000AED 861 per sqft
1 Nov 2022RentedRenewal
AED 95,000/yr12 months · AED 51 per sqft
1 Nov 2021RentedNew contract
AED 95,000/yr12 months · AED 51 per sqft
8 Jun 2019RentedRenewal
AED 105,000/yr12 months · AED 56 per sqft
8 Jun 2018RentedRenewal
AED 119,000/yr12 months · AED 64 per sqft
7 Jun 2017RentedRenewal
AED 124,654/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 30 December 2024.

Key facts

Type
3-bed apartment
Size
1,857 sqft
Floor
5th of 5
Parking
E-89,E-90
Developer
Nakheel
Completed
2012
Service charge
AED 29,400 /yr
Last sold
AED 2.2M · December 2024

About 509, Masakin Al Furjan E

509 is a three-bedroom apartment of 1,857 sqft on the 5th floor of Masakin Al Furjan E, a 5-storey tower in Al Furjan completed in 2012 by Nakheel. It last sold on 30 December 2024 for AED 2,200,000, or AED 1,184 per sqft, 3% above the AED 1,145 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 November 2023, is AED 110,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 29,400 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, September 2014: AED 1,594,200 (AED 858 per sqft)Sold, September 2023: AED 1,600,000 (AED 861 per sqft)Sold, December 2024: AED 2,200,000 (AED 1,184 per sqft)

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

Rents
Unit 509, 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 2015: AED 110,000 a yearNew contract, June 2016: AED 125,000 a yearRenewal, June 2017: AED 124,654 a yearRenewal, June 2018: AED 119,000 a yearRenewal, June 2019: AED 105,000 a yearNew contract, November 2021: AED 95,000 a yearRenewal, November 2022: AED 95,000 a yearNew contract, November 2023: AED 110,000 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 509 sits

All 33 3-beds →

509 last sold in December 2024 at AED 1,184 per sqft, 3% above what three-beds in Masakin Al Furjan E were fetching at the time (AED 1,145). 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. 509's AED 110,000 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
20 Nov 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 5th floor

All 51 units in Masakin Al Furjan E
Value
5013-bedAED 600K · Dec 2012
5023-bedAED 1.6M · Jun 2023
5033-bedAED 1.25M · Apr 2022
5042-bedAED 1.23M · Apr 2012
5051-bedAED 605K · Oct 2026
5062-bedAED 1.23M · Feb 2012
5073-bedAED 1.2M · Jul 2022
1–7 of 8

509, Masakin Al Furjan E in numbers

  • Sold 3 times: first on 3 September 2014 for AED 1,594,200, last on 30 December 2024 for AED 2,200,000 (AED 1,184 per sqft).
  • Rented since April 2015 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 95,000 in 2022 and recovered to AED 110,000 by November 2023.
  • At AED 110,000 a year the gross yield on the 2024 price is 5.0%, 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 30 December 2024.

Questions about 509, Masakin Al Furjan E

What did unit 509 last sell for?

AED 2,200,000 on 30 December 2024: AED 1,184 per sqft for 1,857 sqft. The unit has 3 registered sales; the first was AED 1,594,200 in September 2014.

What is the rent for unit 509?

AED 110,000 a year on the contract signed on 1 November 2023. The previous contract, from November 2022, was AED 95,000; the unit has been rented since April 2015.

How big is unit 509?

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

What is unit 509 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 509, Masakin Al Furjan E

Starts from the last sale price (AED 2.2M, 30 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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