3-bed · 1,989 sqftMasakin Al Furjan E, Al Furjan · 3rd floor · completed 2012

309, Masakin Al Furjan E

Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.58M27 January 2013
Current rentAED 105K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Masakin Al Furjan E

What is 309 worth today?

Last sold for AED 1,584,500 in 2013

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1 Jul 2024RentedRenewal
AED 104,500/yr12 months · AED 53 per sqft
1 Jul 2023RentedRenewal
AED 95,000/yr12 months · AED 48 per sqft
1 Jul 2021RentedRenewal
AED 95,000/yr12 months · AED 48 per sqft
1 Jul 2019RentedRenewal
AED 105,000/yr12 months · AED 53 per sqft
1 Jul 2018RentedRenewal
AED 109,200/yr12 months · AED 55 per sqft
1 Jul 2017RentedRenewal
AED 109,200/yr12 months · AED 55 per sqft
1 Jul 2013RentedNew contract
AED 90,000/yr12 months · AED 45 per sqft
27 Jan 2013Sold by developerReady
AED 1,584,500AED 796 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
3-bed apartment
Size
1,989 sqft
Floor
3rd of 5
Parking
E-74,E-75
Developer
Nakheel
Completed
2012
Service charge
AED 31,400 /yr
Last sold
AED 1.58M · January 2013

About 309, Masakin Al Furjan E

309 is a three-bedroom apartment of 1,989 sqft on the 3rd floor of Masakin Al Furjan E, a 5-storey tower in Al Furjan completed in 2012 by Nakheel. The developer sold it on 27 January 2013 for AED 1,584,500, or AED 796 per sqft, in line with the AED 789 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 104,500 a year: a gross yield of 6.6% on the 2013 price, before the service charge of about AED 31,400 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical three-bed in Masakin Al Furjan E
1M1.5M2M2012201620202024Typical sale price by year: 2012 AED 1,585,800; 2013 AED 1,234,700; 2014 AED 1,257,500; 2015 AED 1,172,900; 2016 AED 1,238,700; 2021 AED 1,350,000; 2022 AED 1,250,000; 2023 AED 1,600,000; 2024 AED 2,200,000Sold by developer, January 2013: AED 1,584,500 (AED 796 per sqft)

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

Rents
Unit 309, each contractTypical three-bed in Masakin Al Furjan E
100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 100,000; 2014 AED 105,000; 2015 AED 115,000; 2016 AED 127,500; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 100,000; 2020 AED 94,500; 2021 AED 87,000; 2022 AED 95,000; 2023 AED 110,000; 2024 AED 130,000; 2025 AED 138,250New contract, July 2012: AED 90,000 a yearNew contract, July 2013: AED 90,000 a yearRenewal, July 2017: AED 109,200 a yearRenewal, July 2018: AED 109,200 a yearRenewal, July 2019: AED 105,000 a yearRenewal, July 2021: AED 95,000 a yearRenewal, July 2023: AED 95,000 a yearRenewal, July 2024: AED 104,500 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 E, and where 309 sits

All 32 3-beds →

309 last sold in January 2013 at AED 796 per sqft, in line with what three-beds in Masakin Al Furjan E were fetching at the time (AED 789). 309's AED 104,500 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 May 20252,400,000
31 Jan 20252,400,000
30 Dec 20242,200,000
20 Nov 20242,200,000
0 3-bed sales in the last 12 months

Masakin Al Furjan E

Building

51 apartments, 1-bed to 3-bed over 5 floors in Al Furjan, completed in 2012 by Nakheel. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 133K /yr
Typical yield
Masakin Al Furjan E, Al Furjan: prices, sales and rents →

Other units on the 3rd floor

All 51 units in Masakin Al Furjan E
Value
3013-bedAED 1.58M · Jan 2013
3023-bedAED 1.63M · May 2023
3033-bedAED 1.22M · Nov 2016
3042-bedAED 1.28M · Sep 2023
3051-bedAED 390K · Sep 2022
3062-bedAED 1.23M · Jul 2012
3073-bedAED 1.43M · Nov 2018
1–7 of 8

309, Masakin Al Furjan E in numbers

  • Sold once: by Nakheel on 27 January 2013 for AED 1,584,500, or AED 796 per sqft.
  • Rented since July 2012 on 8 Ejari contracts, from AED 90,000 to AED 104,500 a year.
  • At AED 104,500 a year the gross yield on the 2013 price is 6.6%, before a service charge of about AED 31,400 a year (AED 15.81 per sqft).

Source: Dubai Land Department. Updated 1 July 2024.

Questions about 309, Masakin Al Furjan E

What did unit 309 last sell for?

AED 1,584,500 on 27 January 2013, sold by the developer: AED 796 per sqft for 1,989 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 104,500 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 95,000; the unit has been rented since July 2012.

How big is unit 309?

1,989 sqft (184.8 sqm): a three-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2012.

What is unit 309 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 309, Masakin Al Furjan E

Starts from the last sale price (AED 1.58M, 27 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,584,500
Deposit, UAE resident (20%)
AED 316,900
Deposit, non-resident (40%)
AED 633,800
Monthly over 25 years at 3.7%
AED 6,483

Plus AED 71,559 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →