3-bed · 1,775 sqftMasakin Al Furjan G, Al Furjan · 4th floor · completed 2012

407, Masakin Al Furjan G

Sold prices and rental history: sold 3 times, last in June 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 20 January 2022
Last soldAED 1.08M27 June 2021
Current rentAED 74K /yr20 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Masakin Al Furjan G

What is 407 worth today?

Last sold for AED 1,075,000 in 2021

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20 Jan 2022RentedNew contract
AED 74,258/yr5 months · AED 42 per sqft
27 Jun 2021SoldReady
AED 1,075,000AED 605 per sqft
20 Jan 2021RentedNew contract
AED 75,000/yr12 months · AED 42 per sqft
20 Jan 2021RentedNew contract
AED 75,000/yr12 months · AED 42 per sqft
20 Sep 2019RentedNew contract
AED 95,000/yr12 months · AED 53 per sqft
28 Jul 2016SoldReady
AED 1,630,000AED 918 per sqft
16 Aug 2015RentedNew contract
AED 128,000/yr12 months · AED 72 per sqft
1 Jun 2014RentedNew contract
AED 135,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 20 January 2022.

Key facts

Type
3-bed apartment
Size
1,775 sqft
Floor
4th of 4
Parking
G-8,G-9
Developer
Nakheel
Completed
2012
Service charge
AED 31,700 /yr
Last sold
AED 1.08M · June 2021

About 407, Masakin Al Furjan G

407 is a three-bedroom apartment of 1,775 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 27 June 2021 for AED 1,075,000, or AED 605 per sqft, 3% below the AED 626 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 20 January 2022, is AED 74,258 a year: a gross yield of 6.9% on the 2021 price, before the service charge of about AED 31,700 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical three-bed in Masakin Al Furjan G
1M1.5M20122015201820212024Typical sale price by year: 2012 AED 1,617,450; 2013 AED 1,230,100; 2014 AED 1,407,800; 2015 AED 1,212,600; 2016 AED 1,600,000; 2021 AED 1,300,000; 2023 AED 1,475,000Sold by developer, August 2013: AED 1,235,700 (AED 696 per sqft)Sold, July 2016: AED 1,630,000 (AED 918 per sqft)Sold, June 2021: AED 1,075,000 (AED 605 per sqft)

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

Rents
Unit 407, each contractTypical three-bed in Masakin Al Furjan G
100K150K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 101,500; 2014 AED 125,000; 2015 AED 126,500; 2016 AED 130,175; 2017 AED 127,500; 2018 AED 115,000; 2019 AED 105,000; 2020 AED 104,000; 2021 AED 93,500; 2022 AED 96,338; 2023 AED 120,000; 2024 AED 130,000; 2025 AED 135,000; 2026 AED 140,000New contract, January 2013: AED 100,000 a yearNew contract, June 2014: AED 135,000 a yearNew contract, August 2015: AED 128,000 a yearNew contract, September 2019: AED 95,000 a yearNew contract, January 2021: AED 75,000 a yearNew contract, January 2021: AED 75,000 a yearNew contract, January 2022: AED 74,258 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 G, and where 407 sits

All 27 3-beds →

407 last sold in June 2021 at AED 605 per sqft, 3% below what three-beds in Masakin Al Furjan G were fetching at the time (AED 626). Over the last 12 months three-beds sold for AED 2,550,000, around AED 1,368 per sqft, and rent for AED 125,000 to 160,000 a year. 407's AED 74,258 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Jun 20262,550,000
3 Sep 20252,200,000
19 Aug 20251,500,000
30 Aug 2023500,000
1 3-bed sale 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
4062-bedAED 1.51M · Sep 2014
4083-bedAED 1.6M · Jul 2015
1–7 of 8

407, Masakin Al Furjan G in numbers

  • Sold 3 times: first on 20 August 2013 for AED 1,235,700, last on 27 June 2021 for AED 1,075,000 (AED 605 per sqft).
  • Rented since January 2013 on 7 Ejari contracts, from AED 100,000 to AED 74,258 a year.
  • At AED 74,258 a year the gross yield on the 2021 price is 6.9%, before a service charge of about AED 31,700 a year (AED 17.86 per sqft).
  • Three-beds in Masakin Al Furjan G sold for AED 2,550,000–2,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,368 per sqft.

Source: Dubai Land Department. Updated 20 January 2022.

Questions about 407, Masakin Al Furjan G

What did unit 407 last sell for?

AED 1,075,000 on 27 June 2021: AED 605 per sqft for 1,775 sqft. The unit has 3 registered sales; the first was AED 1,235,700 in August 2013.

What is the rent for unit 407?

AED 74,258 a year on the contract signed on 20 January 2022. The previous contract, from January 2021, was AED 75,000; the unit has been rented since January 2013.

How big is unit 407?

1,775 sqft (164.9 sqm): a three-bedroom apartment on the 4th floor of a 4-storey tower completed in 2012.

What is unit 407 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 G sold for AED 2,550,000 to 2,550,000 in the last 12 months, around AED 1,368 per sqft.

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Mortgage on 407, Masakin Al Furjan G

Starts from the last sale price (AED 1.08M, 27 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

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