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2-bed · 1,399 sqftMasakin Al Furjan G, Al Furjan · 4th floor · completed 2012

404, Masakin Al Furjan G

Sold prices and rental history: sold twice, last in September 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 6 September 2020
Last soldAED 835K6 September 2020
Current rentAED 80K /yr3 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 404, Masakin Al Furjan G

What is 404 worth today?

Last sold for AED 835,000 in 2020

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6 Sep 2020SoldReady
AED 835,000AED 596 per sqft
3 Jan 2020RentedRenewal
AED 80,000/yr12 months · AED 57 per sqft
3 Jan 2019RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
20 Jan 2016RentedRenewal
AED 90,000/yr12 months · AED 64 per sqft
20 Jan 2015RentedNew contract
AED 85,000/yr12 months · AED 61 per sqft
20 Jan 2014RentedNew contract
AED 77,000/yr12 months · AED 55 per sqft
14 Mar 2013Sold by developerReady
AED 916,800AED 655 per sqft
20 Jan 2013RentedNew contract
AED 77,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 6 September 2020.

Key facts

Type
2-bed apartment
Size
1,399 sqft
Floor
4th of 4
Parking
G-1,G-2
Developer
Nakheel
Completed
2012
Service charge
AED 25,000 /yr
Last sold
AED 835K · September 2020
Building
Masakin Al Furjan G

About 404, Masakin Al Furjan G

404 is a two-bedroom apartment of 1,399 sqft on the 4th floor of Masakin Al Furjan G, a 4-storey tower in Al Furjan completed in 2012 by Nakheel. It last sold on 6 September 2020 for AED 835,000, or AED 596 per sqft, 6% below the AED 637 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 3 January 2020, is AED 80,000 a year: a gross yield of 9.6% on the 2020 price, before the service charge of about AED 25,000 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Masakin Al Furjan G
750K1M1.25M2012201520182021Typical 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, March 2013: AED 916,800 (AED 655 per sqft)Sold, September 2020: AED 835,000 (AED 596 per sqft)

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

Rents
Unit 404, 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, January 2013: AED 77,000 a yearNew contract, January 2014: AED 77,000 a yearNew contract, January 2015: AED 85,000 a yearRenewal, January 2016: AED 90,000 a yearNew contract, January 2019: AED 80,000 a yearRenewal, January 2020: AED 80,000 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 404 sits

All 12 2-beds →

404 last sold in September 2020 at AED 596 per sqft, 6% below what two-beds in Masakin Al Furjan G were fetching at the time (AED 637). 404's AED 80,000 is in the lower 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
20 Feb 2020960,000
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 4th floor

All 42 units in Masakin Al Furjan G
Value
4013-bedAED 1.57M · Oct 2014
4023-bedAED 813K · Feb 2018
4033-bedAED 1.48M · Feb 2023
4051-bedAED 300K · Jul 2020
4062-bedAED 1.51M · Sep 2014
4073-bedAED 1.08M · Jun 2021
4083-bedAED 1.6M · Jul 2015
1–7 of 8

404, Masakin Al Furjan G in numbers

  • Sold twice: first on 14 March 2013 for AED 916,800, last on 6 September 2020 for AED 835,000 (AED 596 per sqft).
  • Rented since January 2013 on 6 Ejari contracts, from AED 77,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2020 price is 9.6%, before a service charge of about AED 25,000 a year (AED 17.86 per sqft).

Source: Dubai Land Department. Updated 6 September 2020.

Questions about 404, Masakin Al Furjan G

What did unit 404 last sell for?

AED 835,000 on 6 September 2020: AED 596 per sqft for 1,399 sqft. The unit has 2 registered sales; the first was AED 916,800 in March 2013.

What is the rent for unit 404?

AED 80,000 a year on the contract renewed on 3 January 2020. The previous contract, from January 2019, was AED 80,000; the unit has been rented since January 2013.

How big is unit 404?

1,399 sqft (130.0 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2012.

What is unit 404 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 404, Masakin Al Furjan G

Starts from the last sale price (AED 835K, 6 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 835,000
Deposit, UAE resident (20%)
AED 167,000
Deposit, non-resident (40%)
AED 334,000
Monthly over 25 years at 3.7%
AED 3,416

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