2-bed · 1,398 sqftMasakin Al Furjan G, Al Furjan · 4th floor · completed 2012

406, Masakin Al Furjan G

Sold prices and rental history: sold twice, last in September 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 20 September 2014
Last soldAED 1.51M15 September 2014
Current rentAED 91K /yr20 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Masakin Al Furjan G

What is 406 worth today?

Last sold for AED 1,510,000 in 2014

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20 Sep 2014RentedRenewal
AED 90,500/yr12 months · AED 65 per sqft
15 Sep 2014SoldReady
AED 1,510,000AED 1,080 per sqft
20 Sep 2013RentedNew contract
AED 75,000/yr12 months · AED 54 per sqft
27 Mar 2012Sold by developerReady
AED 1,218,800AED 871 per sqft

Source: Dubai Land Department. Updated 20 September 2014.

Key facts

Type
2-bed apartment
Size
1,398 sqft
Floor
4th of 4
Parking
G-10,G-11
Developer
Nakheel
Completed
2012
Service charge
AED 25,000 /yr
Last sold
AED 1.51M · September 2014

About 406, Masakin Al Furjan G

406 is a two-bedroom apartment of 1,398 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 15 September 2014 for AED 1,510,000, or AED 1,080 per sqft, 24% above the AED 871 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 20 September 2014, is AED 90,500 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 25,000 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Masakin Al Furjan G
1.2M1.4M201220142016Typical 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 2012: AED 1,218,800 (AED 871 per sqft)Sold, September 2014: AED 1,510,000 (AED 1,080 per sqft)

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

Rents
Unit 406, 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, September 2013: AED 75,000 a yearRenewal, September 2014: AED 90,500 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 406 sits

All 12 2-beds →

406 last sold in September 2014 at AED 1,080 per sqft, 24% above what two-beds in Masakin Al Furjan G were fetching at the time (AED 871). 406's AED 90,500 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 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
4042-bedAED 835K · Sep 2020
4051-bedAED 300K · Jul 2020
4073-bedAED 1.08M · Jun 2021
4083-bedAED 1.6M · Jul 2015
1–7 of 8

406, Masakin Al Furjan G in numbers

  • Sold twice: first on 27 March 2012 for AED 1,218,800, last on 15 September 2014 for AED 1,510,000 (AED 1,080 per sqft).
  • Rented since September 2013 on 2 Ejari contracts, from AED 75,000 to AED 90,500 a year.
  • At AED 90,500 a year the gross yield on the 2014 price is 6.0%, before a service charge of about AED 25,000 a year (AED 17.86 per sqft).

Source: Dubai Land Department. Updated 20 September 2014.

Questions about 406, Masakin Al Furjan G

What did unit 406 last sell for?

AED 1,510,000 on 15 September 2014: AED 1,080 per sqft for 1,398 sqft. The unit has 2 registered sales; the first was AED 1,218,800 in March 2012.

What is the rent for unit 406?

AED 90,500 a year on the contract renewed on 20 September 2014. The previous contract, from September 2013, was AED 75,000.

How big is unit 406?

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

What is unit 406 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 406, Masakin Al Furjan G

Starts from the last sale price (AED 1.51M, 15 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,510,000
Deposit, UAE resident (20%)
AED 302,000
Deposit, non-resident (40%)
AED 604,000
Monthly over 25 years at 3.7%
AED 6,178

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