2-bed · 1,504 sqftMasakin Al Furjan E, Al Furjan · Ground floor · completed 2012

G03, Masakin Al Furjan E

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 6 November 2023
Last soldAED 1.3M6 November 2023
Current rentAED 72K /yr20 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Masakin Al Furjan E

What is G03 worth today?

Last sold for AED 1,300,000 in 2023

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6 Nov 2023SoldReady
AED 1,300,000AED 864 per sqft
20 Feb 2023RentedRenewal
AED 71,663/yr12 months · AED 48 per sqft
20 Feb 2022RentedNew contract
AED 68,250/yr12 months · AED 45 per sqft
20 Feb 2021RentedNew contract
AED 65,000/yr12 months · AED 43 per sqft
1 Nov 2019RentedRenewal
AED 90,000/yr12 months · AED 60 per sqft
1 Jun 2019RentedRenewal
AED 90,000/yr5 months · AED 60 per sqft
1 Jun 2018RentedRenewal
AED 90,000/yr12 months · AED 60 per sqft
1 Jun 2017RentedNew contract
AED 95,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 6 November 2023.

Key facts

Type
2-bed apartment
Size
1,504 sqft
Floor
Ground of 5
Parking
E-18,E-19
Developer
Nakheel
Completed
2012
Service charge
AED 23,800 /yr
Last sold
AED 1.3M · November 2023

About G03, Masakin Al Furjan E

G03 is a two-bedroom apartment of 1,504 sqft on the ground floor of Masakin Al Furjan E, a 5-storey tower in Al Furjan completed in 2012 by Nakheel. It last sold on 6 November 2023 for AED 1,300,000, or AED 864 per sqft, in line with the AED 850 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 20 February 2023, is AED 71,663 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 23,800 a year.

Sales and rents for G03 over time

Sales
Unit G03, each saleTypical two-bed in Masakin Al Furjan E
1.2M1.3M1.4M2012201620202024Typical 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, April 2013: AED 1,191,100 (AED 791 per sqft)Sold, November 2023: AED 1,300,000 (AED 864 per sqft)

G03 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G03, 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, March 2012: AED 70,000 a yearNew contract, August 2014: AED 115,000 a yearNew contract, January 2015: AED 110,000 a yearRenewal, January 2016: AED 110,000 a yearRenewal, January 2017: AED 110,000 a yearNew contract, June 2017: AED 95,000 a yearRenewal, June 2018: AED 90,000 a yearRenewal, June 2019: AED 90,000 a yearRenewal, November 2019: AED 90,000 a yearNew contract, February 2021: AED 65,000 a yearNew contract, February 2022: AED 68,250 a yearRenewal, February 2023: AED 71,663 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 G03 sits

All 14 2-beds →

G03 last sold in November 2023 at AED 864 per sqft, in line with what two-beds in Masakin Al Furjan E were fetching at the time (AED 850). 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. G03's AED 71,663 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Apr 20261,550,000
3 Nov 20251,800,000
2 Aug 20241,520,000
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 ground floor

All 51 units in Masakin Al Furjan E
Value
G012-bedAED 1.31M · Jun 2013
G023-bedAED 2.15M · Oct 2023
G042-bedAED 1.8M · Nov 2025
G053-bedAED 1.35M · Aug 2021
G063-bedAED 1.83M · Dec 2012
G072-bedAED 1.36M · Jun 2013

G03, Masakin Al Furjan E in numbers

  • Sold twice: first on 18 April 2013 for AED 1,191,100, last on 6 November 2023 for AED 1,300,000 (AED 864 per sqft).
  • Rented since March 2012 on 12 Ejari contracts, from AED 70,000 to AED 71,663 a year.
  • At AED 71,663 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 23,800 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 6 November 2023.

Questions about G03, Masakin Al Furjan E

What did unit G03 last sell for?

AED 1,300,000 on 6 November 2023: AED 864 per sqft for 1,504 sqft. The unit has 2 registered sales; the first was AED 1,191,100 in April 2013.

What is the rent for unit G03?

AED 71,663 a year on the contract renewed on 20 February 2023. The previous contract, from February 2022, was AED 68,250; the unit has been rented since March 2012.

How big is unit G03?

1,504 sqft (139.7 sqm): a two-bedroom apartment on the ground floor of a 5-storey tower completed in 2012.

What is unit G03 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 G03, Masakin Al Furjan E

Starts from the last sale price (AED 1.3M, 6 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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