704, East 40
Sold prices and rental history: sold twice, last in January 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, East 40
What is 704 worth today?
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Source: Dubai Land Department. Updated 10 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 671 sqft
- Floor
- 7th of 12
- Parking
- P2-115
- Developer
- Townx Real Estate Development
- Completed
- 2019
- Service charge
- AED 9,800 /yr
- Last sold
- AED 750K · January 2024
- Building
- East 40
About 704, East 40
704 is a one-bedroom apartment of 671 sqft on the 7th floor of East 40, a 12-storey tower in Al Furjan completed in 2019 by Townx Real Estate Development. It last sold on 22 January 2024 for AED 750,000, or AED 1,117 per sqft, 7% below the AED 1,195 one-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 10 December 2024, is AED 52,920 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 9,800 a year.
Sales and rents for 704 over time
704 has sold twice; 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 704 sits
All 106 1-beds →704 last sold in January 2024 at AED 1,117 per sqft, 7% below what one-beds in East 40 were fetching at the time (AED 1,195). 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. 704's AED 52,920 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 7th floor
All 112 units in East 40| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 974 sqft | AED 840KAED 839,860 · Sep 2022September 2022 | 80,000 /yr | |
| 702 | 1-bed | 690 sqft | AED 900KAED 900,000 · Jan 2026January 2026 | 54,000 /yr | |
| 703 | 1-bed | 969 sqft | AED 840KAED 839,860 · Nov 2022November 2022 | 89,000 /yr | |
| 705 | 1-bed | 670 sqft | AED 583KAED 583,495 · Apr 2022April 2022 | 65,000 /yr | |
| 706 | 1-bed | 969 sqft | AED 923KAED 923,000 · Nov 2022November 2022 | 70,000 /yr | |
| 707 | 1-bed | 690 sqft | AED 683KAED 683,200 · Apr 2022April 2022 | 70,000 /yr | |
| 708 | 1-bed | 992 sqft | AED 900KAED 900,000 · Nov 2021November 2021 | 58,000 /yr | |
| 709 | 1-bed | 785 sqft | AED 660KAED 660,000 · Apr 2022April 2022 | 60,000 /yr | |
| 710 | 1-bed | 712 sqft | AED 567KAED 566,500 · May 2022May 2022 | 47,000 /yr |
704, East 40 in numbers
- Sold twice: first on 27 July 2022 for AED 555,170, last on 22 January 2024 for AED 750,000 (AED 1,117 per sqft).
- Rented since August 2020 on 3 Ejari contracts, from AED 40,000 to AED 52,920 a year.
- At AED 52,920 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 9,800 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 10 December 2024.
Questions about 704, East 40
What did unit 704 last sell for?
AED 750,000 on 22 January 2024: AED 1,117 per sqft for 671 sqft. The unit has 2 registered sales; the first was AED 555,170 in July 2022.
What is the rent for unit 704?
AED 52,920 a year on the contract signed on 10 December 2024. The previous contract, from December 2022, was AED 48,000; the unit has been rented since August 2020.
How big is unit 704?
671 sqft (62.3 sqm): a one-bedroom apartment on the 7th floor of a 12-storey tower completed in 2019.
What is unit 704 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.
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Mortgage on 704, East 40
Starts from the last sale price (AED 750K, 22 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →