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

407, Masakin Al Furjan C

Sold prices and rental history: sold twice, last in October 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 14 March 2024
Last soldAED 1.24M28 October 2014
Current rentAED 94K /yr14 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Masakin Al Furjan C

What is 407 worth today?

Last sold for AED 1,235,700 in 2014

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14 Mar 2024RentedNew contract
AED 93,500/yr12 months · AED 53 per sqft
15 Mar 2021RentedNew contract
AED 80,000/yr12 months · AED 45 per sqft
1 Feb 2020RentedRenewal
AED 110,000/yr12 months · AED 62 per sqft
1 Feb 2019RentedNew contract
AED 110,000/yr12 months · AED 62 per sqft
7 Feb 2016RentedNew contract
AED 140,000/yr12 months · AED 79 per sqft
6 Feb 2015RentedNew contract
AED 98,020/yr12 months · AED 55 per sqft
28 Oct 2014SoldReady
AED 1,235,700AED 696 per sqft
12 Feb 2014Sold by developerReady
AED 1,235,700AED 696 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 March 2024.

Key facts

Type
3-bed apartment
Size
1,775 sqft
Floor
4th of 4
Parking
C-36,C-37
Developer
Nakheel
Completed
2012
Service charge
AED 30,900 /yr
Last sold
AED 1.24M · October 2014

About 407, Masakin Al Furjan C

407 is a three-bedroom apartment of 1,775 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 28 October 2014 for AED 1,235,700, or AED 696 per sqft, 4% above the AED 668 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 14 March 2024, is AED 93,500 a year: a gross yield of 7.6% on the 2014 price, before the service charge of about AED 30,900 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical three-bed in Masakin Al Furjan C
1.2M1.4M1.6M2012201520182021Typical 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 2014: AED 1,235,700 (AED 696 per sqft)Sold, October 2014: AED 1,235,700 (AED 696 per sqft)

407 has sold twice; 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 C
100K150K2012201620202024Typical 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 2014: AED 90,000 a yearNew contract, February 2015: AED 98,020 a yearNew contract, February 2016: AED 140,000 a yearNew contract, February 2019: AED 110,000 a yearRenewal, February 2020: AED 110,000 a yearNew contract, March 2021: AED 80,000 a yearNew contract, March 2024: AED 93,500 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 407 sits

All 25 3-beds →

407 last sold in October 2014 at AED 696 per sqft, 4% above what three-beds in Masakin Al Furjan C were fetching at the time (AED 668).

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 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
4043-bedAED 750K · Mar 2023
4053-bedAED 1.35M · Jul 2019
4063-bedAED 715K · Mar 2018
4082-bedAED 1.23M · Mar 2022
1–7 of 8

407, Masakin Al Furjan C in numbers

  • Sold twice: first on 12 February 2014 for AED 1,235,700, last on 28 October 2014 for AED 1,235,700 (AED 696 per sqft).
  • Rented since February 2014 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 80,000 in 2021 and recovered to AED 93,500 by March 2024.
  • At AED 93,500 a year the gross yield on the 2014 price is 7.6%, before a service charge of about AED 30,900 a year (AED 17.40 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 14 March 2024.

Questions about 407, Masakin Al Furjan C

What did unit 407 last sell for?

AED 1,235,700 on 28 October 2014: AED 696 per sqft for 1,775 sqft. The unit has 2 registered sales; the first was AED 1,235,700 in February 2014.

What is the rent for unit 407?

AED 93,500 a year on the contract signed on 14 March 2024. The previous contract, from March 2021, was AED 80,000; the unit has been rented since February 2014.

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.

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Mortgage on 407, Masakin Al Furjan C

Starts from the last sale price (AED 1.24M, 28 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,235,700
Deposit, UAE resident (20%)
AED 247,140
Deposit, non-resident (40%)
AED 494,280
Monthly over 25 years at 3.7%
AED 5,056

Plus AED 56,909 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →