506, East 40
Sold prices and rental history: sold once, by the developer in December 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, East 40
What is 506 worth today?
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Source: Dubai Land Department. Updated 12 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 969 sqft
- Floor
- 5th of 12
- Parking
- P1-56
- Developer
- Townx Real Estate Development
- Completed
- 2019
- Service charge
- AED 14,100 /yr
- Last sold
- AED 916K · December 2022
- Building
- East 40
About 506, East 40
506 is a one-bedroom apartment of 969 sqft on the 5th floor of East 40, a 12-storey tower in Al Furjan completed in 2019 by Townx Real Estate Development. The developer sold it on 12 December 2022 for AED 916,050, or AED 945 per sqft, 10% above the AED 859 one-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 24 August 2021, is AED 58,000 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 14,100 a year.
Sales and rents for 506 over time
506 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in East 40, and where 506 sits
All 106 1-beds →506 last sold in December 2022 at AED 945 per sqft, 10% above what one-beds in East 40 were fetching at the time (AED 859). Over the last 12 months one-beds sold for AED 900,000 to 1,275,000, around AED 1,303 per sqft, and rent for AED 64,000 to 160,000 a year. 506's AED 58,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 974 sqft | 1,275,000 | 1,309 | ||
| 26 Jan 202626 January 2026 | 690 sqft | 900,000 | 1,303 | ||
| 17 Dec 202517 December 2025 | 969 sqft | 1,180,000 | 1,217 | ||
| 17 Dec 202517 December 2025 | 969 sqft | 1,250,000 | 1,289 |
East 40
Building112 apartments, 1-bed over 12 floors in Al Furjan, completed in 2019 by Townx Real Estate Development. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,303
- Typical sale
- AED 1.18M
- Typical rent
- AED 72K /yr
- Typical yield
- 7.0%
Other units on the 5th floor
All 112 units in East 40| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 974 sqft | AED 840KAED 839,860 · Aug 2022August 2022 | 65,000 /yr | |
| 502 | 1-bed | 690 sqft | AED 600KAED 600,000 · Apr 2022April 2022 | 45,000 /yr | |
| 503 | 1-bed | 969 sqft | AED 840KAED 839,860 · Sep 2022September 2022 | 57,750 /yr | |
| 504 | 1-bed | 671 sqft | AED 545KAED 545,042 · Jun 2022June 2022 | 55,000 /yr | |
| 505 | 1-bed | 670 sqft | AED 770KAED 770,000 · May 2024May 2024 | 48,226 /yr | |
| 507 | 1-bed | 690 sqft | AED 638KAED 638,000 · Oct 2021October 2021 | 75,000 /yr | |
| 508 | 1-bed | 992 sqft | AED 865KAED 864,900 · May 2022May 2022 | 58,000 /yr | |
| 509 | 1-bed | 785 sqft | AED 800KAED 800,000 · Dec 2024December 2024 | 75,000 /yr | |
| 510 | 1-bed | 712 sqft | AED 572KAED 571,799 · Jun 2022June 2022 | 70,000 /yr |
506, East 40 in numbers
- Sold once: by Townx Real Estate Development on 12 December 2022 for AED 916,050, or AED 945 per sqft.
- Rented since July 2020 on 2 Ejari contracts, at AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 14,100 a year (AED 14.58 per sqft).
- One-beds in East 40 sold for AED 900,000–1,275,000 in the 12 months to November 2026; the building's median across all types is AED 1,303 per sqft.
Source: Dubai Land Department. Updated 12 December 2022.
Questions about 506, East 40
What did unit 506 last sell for?
AED 916,050 on 12 December 2022, sold by the developer: AED 945 per sqft for 969 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 58,000 a year on the contract renewed on 24 August 2021. The previous contract, from July 2020, was AED 58,000.
How big is unit 506?
969 sqft (90.0 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2019.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in East 40 sold for AED 900,000 to 1,275,000 in the last 12 months, around AED 1,303 per sqft.
Selling 506? Put it on the OpenOffers board
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Mortgage on 506, East 40
Starts from the last sale price (AED 916K, 12 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 916,050
- Deposit, UAE resident (20%)
- AED 183,210
- Deposit, non-resident (40%)
- AED 366,420
- Monthly over 25 years at 3.7%
- AED 3,748
Plus AED 43,484 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →