3-bed · 1,857 sqftMasakin Al Furjan C, Al Furjan · 4th floor · completed 2012

404, Masakin Al Furjan C

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 25 August 2023
Last soldAED 750K16 March 2023
Current rentAED 326K /yr25 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Masakin Al Furjan C

What is 404 worth today?

Last sold for AED 750,000 in 2023

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25 Aug 2023RentedRenewal
AED 326,352/yr2 months · AED 176 per sqft
16 Mar 2023SoldReady
AED 750,000AED 403 per sqft
25 Aug 2022RentedRenewal
AED 99,750/yr12 months · AED 54 per sqft
25 Aug 2021RentedRenewal
AED 95,000/yr12 months · AED 51 per sqft
25 Aug 2019RentedNew contract
AED 95,000/yr12 months · AED 51 per sqft
21 May 2017RentedNew contract
AED 125,000/yr12 months · AED 67 per sqft
1 Jun 2016RentedNew contract
AED 135,000/yr12 months · AED 72 per sqft
17 Jan 2016SoldReady
AED 1,575,000AED 847 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 August 2023.

Key facts

Type
3-bed apartment
Size
1,857 sqft
Floor
4th of 4
Parking
C-31,C-32
Developer
Nakheel
Completed
2012
Service charge
AED 32,300 /yr
Last sold
AED 750K · March 2023

About 404, Masakin Al Furjan C

404 is a three-bedroom apartment of 1,857 sqft on the 4th floor of Masakin Al Furjan C, a 4-storey tower in Al Furjan completed in 2012 by Nakheel. It last sold on 16 March 2023 for AED 750,000, or AED 403 per sqft, 47% below the AED 760 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 25 August 2023, is AED 326,352 a year: a gross yield of 43.5% on the 2023 price, before the service charge of about AED 32,300 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, February 2013: AED 1,172,100 (AED 631 per sqft)Sold, January 2016: AED 1,575,000 (AED 847 per sqft)Sold, March 2023: AED 750,000 (AED 403 per sqft)

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

Rents
Unit 404, each contractTypical three-bed in Masakin Al Furjan C
200K2012201620202024Typical 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, February 2013: AED 110,000 a yearNew contract, March 2014: AED 122,000 a yearNew contract, March 2015: AED 122,000 a yearNew contract, June 2016: AED 135,000 a yearNew contract, May 2017: AED 125,000 a yearNew contract, August 2019: AED 95,000 a yearRenewal, August 2021: AED 95,000 a yearRenewal, August 2022: AED 99,750 a yearRenewal, August 2023: AED 326,352 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 404 sits

All 25 3-beds →

404 last sold in March 2023 at AED 403 per sqft, 47% below what three-beds in Masakin Al Furjan C were fetching at the time (AED 760).

Recent 3-bed salesUnit no.Price (AED)Summary
26 Dec 20242,375,000
4 Jan 20241,900,000
2 Nov 20232,000,000
18 Nov 20221,480,000
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 4th floor

All 42 units in Masakin Al Furjan C
Value
4012-bedAED 917K · Jan 2013
4023-bedAED 1.35M · Sep 2022
4033-bedAED 1.25M · Dec 2014
4053-bedAED 1.35M · Jul 2019
4063-bedAED 715K · Mar 2018
4073-bedAED 1.24M · Oct 2014
4082-bedAED 1.23M · Mar 2022
1–7 of 8

404, Masakin Al Furjan C in numbers

  • Sold 3 times: first on 12 February 2013 for AED 1,172,100, last on 16 March 2023 for AED 750,000 (AED 403 per sqft).
  • Rented since February 2013 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 95,000 in 2021 and recovered to AED 326,352 by August 2023.
  • At AED 326,352 a year the gross yield on the 2023 price is 43.5%, before a service charge of about AED 32,300 a year (AED 17.40 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 25 August 2023.

Questions about 404, Masakin Al Furjan C

What did unit 404 last sell for?

AED 750,000 on 16 March 2023: AED 403 per sqft for 1,857 sqft. The unit has 3 registered sales; the first was AED 1,172,100 in February 2013.

What is the rent for unit 404?

AED 326,352 a year on the contract renewed on 25 August 2023. The previous contract, from August 2022, was AED 99,750; the unit has been rented since February 2013.

How big is unit 404?

1,857 sqft (172.5 sqm): a three-bedroom apartment on the 4th floor of a 4-storey tower completed in 2012.

What is unit 404 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 404, Masakin Al Furjan C

Starts from the last sale price (AED 750K, 16 March 2023). 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 →