3-bed · 898 sqftMasakin Al Furjan C, Al Furjan · 3rd floor · completed 2012

303, Masakin Al Furjan C

Sold prices and rental history: sold twice, last in March 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 15 July 2020
Last soldAED 800K6 March 2016
Current rentAED 95K /yr15 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Masakin Al Furjan C

What is 303 worth today?

Last sold for AED 800,000 in 2016

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15 Jul 2020RentedRenewal
AED 95,000/yr12 months · AED 53 per sqft
15 Jul 2019RentedRenewal
AED 110,000/yr12 months · AED 61 per sqft
15 Jul 2018RentedNew contract
AED 120,000/yr12 months · AED 67 per sqft
15 Jul 2017RentedRenewal
AED 130,000/yr12 months · AED 72 per sqft
15 Jul 2016RentedNew contract
AED 135,000/yr12 months · AED 75 per sqft
15 Mar 2016RentedNew contract
AED 75,000/yr12 months · AED 42 per sqft
6 Mar 2016SoldReady
AED 800,000AED 445 per sqft
19 Jan 2015RentedNew contract
AED 105,000/yr12 months · AED 58 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2020.

Key facts

Type
3-bed apartment
Size
898 sqft
Floor
3rd of 4
Parking
C-10,C-11
Developer
Nakheel
Completed
2012
Service charge
AED 15,600 /yr
Last sold
AED 800K · March 2016

About 303, Masakin Al Furjan C

303 is a three-bedroom apartment of 898 sqft on the 3rd floor of Masakin Al Furjan C, a 4-storey tower in Al Furjan completed in 2012 by Nakheel. It last sold on 6 March 2016 for AED 800,000, or AED 445 per sqft, 47% below the AED 847 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 15 July 2020, is AED 95,000 a year: a gross yield of 11.9% on the 2016 price, before the service charge of about AED 15,600 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical three-bed in Masakin Al Furjan C
1M1.5M2012201520182021Typical sale price by year: 2012 AED 1,522,200; 2013 AED 1,233,250; 2014 AED 1,235,700; 2015 AED 1,487,500; 2016 AED 1,575,000; 2021 AED 1,237,500Sold by developer, May 2013: AED 1,237,300 (AED 688 per sqft)Sold, March 2016: AED 800,000 (AED 445 per sqft)

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

Rents
Unit 303, each contractTypical three-bed in Masakin Al Furjan C
100K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 102,500; 2014 AED 121,000; 2015 AED 122,000; 2016 AED 132,500; 2017 AED 125,000; 2018 AED 115,760; 2019 AED 107,126; 2020 AED 93,000; 2021 AED 85,000; 2022 AED 102,500; 2023 AED 125,000; 2024 AED 127,500; 2025 AED 127,668New contract, January 2013: AED 97,000 a yearNew contract, January 2015: AED 105,000 a yearNew contract, March 2016: AED 75,000 a yearNew contract, July 2016: AED 135,000 a yearRenewal, July 2017: AED 130,000 a yearNew contract, July 2018: AED 120,000 a yearRenewal, July 2019: AED 110,000 a yearRenewal, July 2020: AED 95,000 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 C, and where 303 sits

All 25 3-beds →

303 last sold in March 2016 at AED 445 per sqft, 47% below what three-beds in Masakin Al Furjan C were fetching at the time (AED 847).

Recent 3-bed salesUnit no.Price (AED)Summary
26 Dec 20242,375,000
4 Jan 20241,900,000
2 Nov 20232,000,000
16 Mar 2023750,000
0 3-bed sales in the last 12 months

Masakin Al Furjan C

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 1,211
Typical sale
AED 630K
Typical rent
AED 125K /yr
Typical yield
6.2%
Masakin Al Furjan C, Al Furjan: prices, sales and rents →

Other units on the 3rd floor

All 42 units in Masakin Al Furjan C
Value
3012-bedAED 1.2M · Jan 2023
3023-bedAED 1.02M · Mar 2021
3043-bedAED 1.3M · May 2014
3053-bedAED 1.36M · Apr 2021
3063-bedAED 1.65M · May 2016
3073-bedAED 1.9M · Jan 2024
3082-bedAED 902K · Feb 2013
1–7 of 8

303, Masakin Al Furjan C in numbers

  • Sold twice: first on 30 May 2013 for AED 1,237,300, last on 6 March 2016 for AED 800,000 (AED 445 per sqft).
  • Rented since January 2013 on 8 Ejari contracts. The rent fell from AED 97,000 to AED 75,000 in 2016 and recovered to AED 95,000 by July 2020.
  • At AED 95,000 a year the gross yield on the 2016 price is 11.9%, before a service charge of about AED 15,600 a year (AED 17.40 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2020.

Questions about 303, Masakin Al Furjan C

What did unit 303 last sell for?

AED 800,000 on 6 March 2016: AED 445 per sqft for 898 sqft. The unit has 2 registered sales; the first was AED 1,237,300 in May 2013.

What is the rent for unit 303?

AED 95,000 a year on the contract renewed on 15 July 2020. The previous contract, from July 2019, was AED 110,000; the unit has been rented since January 2013.

How big is unit 303?

898 sqft (83.4 sqm): a three-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2012.

What is unit 303 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 303, Masakin Al Furjan C

Starts from the last sale price (AED 800K, 6 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →