2-bed · 1,398 sqftMasakin Al Furjan G, Al Furjan · 3rd floor · completed 2012

306, Masakin Al Furjan G

Sold prices and rental history: sold 3 times, last in August 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 11 August 2016
Last soldAED 1.3M11 August 2016
Current rentAED 105K /yr1 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Masakin Al Furjan G

What is 306 worth today?

Last sold for AED 1,300,000 in 2016

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11 Aug 2016SoldReady
AED 1,300,000AED 929 per sqft
1 Jan 2016RentedRenewal
AED 105,000/yr12 months · AED 75 per sqft
1 Jan 2015RentedNew contract
AED 105,000/yr12 months · AED 75 per sqft
25 Nov 2013RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
3 Oct 2013SoldReady
AED 1,280,000AED 915 per sqft
25 Feb 2013RentedNew contract
AED 68,000/yr12 months · AED 49 per sqft
3 Jul 2012Sold by developerReady
AED 1,207,300AED 863 per sqft

Source: Dubai Land Department. Updated 11 August 2016.

Key facts

Type
2-bed apartment
Size
1,398 sqft
Floor
3rd of 4
Parking
G-25,G-26
Developer
Nakheel
Completed
2012
Service charge
AED 25,000 /yr
Last sold
AED 1.3M · August 2016

About 306, Masakin Al Furjan G

306 is a two-bedroom apartment of 1,398 sqft on the 3rd floor of Masakin Al Furjan G, a 4-storey tower in Al Furjan completed in 2012 by Nakheel. It last sold on 11 August 2016 for AED 1,300,000, or AED 929 per sqft, in line with the AED 929 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 January 2016, is AED 105,000 a year: a gross yield of 8.1% on the 2016 price, before the service charge of about AED 25,000 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical two-bed in Masakin Al Furjan G
1.2M1.3M201220142016Typical sale price by year: 2012 AED 1,212,300; 2013 AED 1,198,750; 2014 AED 1,362,850; 2016 AED 1,300,000Sold by developer, July 2012: AED 1,207,300 (AED 863 per sqft)Sold, October 2013: AED 1,280,000 (AED 915 per sqft)Sold, August 2016: AED 1,300,000 (AED 929 per sqft)

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

Rents
Unit 306, each contractTypical two-bed in Masakin Al Furjan G
75K100K2012201620202024Typical rent by year: 2012 AED 67,500; 2013 AED 72,000; 2014 AED 90,500; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 95,000; 2018 AED 90,000; 2019 AED 88,000; 2020 AED 80,000; 2021 AED 83,000; 2022 AED 75,000; 2023 AED 85,000; 2024 AED 84,066; 2025 AED 113,000; 2026 AED 100,500New contract, February 2013: AED 68,000 a yearNew contract, November 2013: AED 100,000 a yearNew contract, January 2015: AED 105,000 a yearRenewal, January 2016: AED 105,000 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 G, and where 306 sits

All 12 2-beds →

306 last sold in August 2016 at AED 929 per sqft, in line with what two-beds in Masakin Al Furjan G were fetching at the time (AED 929). 306's AED 105,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Feb 20251,815,000
21 Nov 20231,300,000
7 Apr 20231,150,000
6 Sep 2020835,000
0 2-bed sales in the last 12 months

Masakin Al Furjan G

Building

42 apartments, 1-bed to 3-bed over 4 floors in Al Furjan, completed in 2012 by Nakheel. 1 sold in the last 12 months.

Typical price per sqft
AED 1,368
Typical sale
AED 2.55M
Typical rent
AED 135K /yr
Typical yield
5.6%
Masakin Al Furjan G, Al Furjan: prices, sales and rents →

Other units on the 3rd floor

All 42 units in Masakin Al Furjan G
Value
3013-bedAED 1.56M · Nov 2022
3023-bedAED 1.5M · Aug 2025
3033-bedAED 1.24M · Oct 2015
3042-bedAED 1.3M · Nov 2023
3051-bedAED 476K · Feb 2012
3073-bedAED 1.23M · Feb 2013
3083-bedAED 1.3M · Aug 2021
1–7 of 8

306, Masakin Al Furjan G in numbers

  • Sold 3 times: first on 3 July 2012 for AED 1,207,300, last on 11 August 2016 for AED 1,300,000 (AED 929 per sqft).
  • Rented since February 2013 on 4 Ejari contracts, from AED 68,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2016 price is 8.1%, before a service charge of about AED 25,000 a year (AED 17.86 per sqft).

Source: Dubai Land Department. Updated 11 August 2016.

Questions about 306, Masakin Al Furjan G

What did unit 306 last sell for?

AED 1,300,000 on 11 August 2016: AED 929 per sqft for 1,398 sqft. The unit has 3 registered sales; the first was AED 1,207,300 in July 2012.

What is the rent for unit 306?

AED 105,000 a year on the contract renewed on 1 January 2016. The previous contract, from January 2015, was AED 105,000; the unit has been rented since February 2013.

How big is unit 306?

1,398 sqft (129.9 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2012.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 306, Masakin Al Furjan G

Starts from the last sale price (AED 1.3M, 11 August 2016). 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 →