3-bed · 1,771 sqftMasakin Al Furjan E, Al Furjan · 4th floor · completed 2012

408, Masakin Al Furjan E

Sold prices and rental history: sold once, by the developer in January 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 1.25M6 January 2014
Current rentAED 137K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Masakin Al Furjan E

What is 408 worth today?

Last sold for AED 1,248,300 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2025RentedRenewal
AED 136,500/yr12 months · AED 77 per sqft
1 Mar 2024RentedRenewal
AED 130,000/yr12 months · AED 73 per sqft
15 Jan 2023RentedNew contract
AED 128,000/yr12 months · AED 72 per sqft
1 Jun 2021RentedRenewal
AED 88,000/yr12 months · AED 50 per sqft
1 Jun 2020RentedNew contract
AED 95,000/yr12 months · AED 53 per sqft
1 May 2019RentedRenewal
AED 95,000/yr12 months · AED 53 per sqft
1 May 2018RentedNew contract
AED 115,000/yr12 months · AED 65 per sqft
3 Mar 2017RentedRenewal
AED 115,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
3-bed apartment
Size
1,771 sqft
Floor
4th of 5
Parking
E-108,E-109
Developer
Nakheel
Completed
2012
Service charge
AED 28,000 /yr
Last sold
AED 1.25M · January 2014

About 408, Masakin Al Furjan E

408 is a three-bedroom apartment of 1,771 sqft on the 4th floor of Masakin Al Furjan E, a 5-storey tower in Al Furjan completed in 2012 by Nakheel. The developer sold it on 6 January 2014 for AED 1,248,300, or AED 704 per sqft, in line with the AED 688 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 136,500 a year: a gross yield of 10.9% on the 2014 price, before the service charge of about AED 28,000 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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 2014: AED 1,248,300 (AED 704 per sqft)

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

Rents
Unit 408, each contractTypical three-bed in Masakin Al Furjan E
50K100K150K2012201620202024Typical 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, March 2013: AED 100,000 a yearNew contract, March 2014: AED 55,000 a yearRenewal, March 2016: AED 114,692 a yearRenewal, March 2017: AED 115,000 a yearNew contract, May 2018: AED 115,000 a yearRenewal, May 2019: AED 95,000 a yearNew contract, June 2020: AED 95,000 a yearRenewal, June 2021: AED 88,000 a yearNew contract, January 2023: AED 128,000 a yearRenewal, March 2024: AED 130,000 a yearRenewal, March 2025: AED 136,500 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 408 sits

All 32 3-beds →

408 last sold in January 2014 at AED 704 per sqft, in line with what three-beds in Masakin Al Furjan E were fetching at the time (AED 688). 408's AED 136,500 is in the lower half 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 4th floor

All 51 units in Masakin Al Furjan E
Value
4013-bedAED 1.17M · Oct 2015
4023-bedAED 1.25M · Apr 2016
4033-bedAED 1.23M · Nov 2016
4042-bedAED 1.22M · Jun 2014
4051-bedAED 410K · Nov 2021
4062-bedAED 1.52M · Aug 2024
4073-bedAED 1.23M · Feb 2013
1–7 of 8

408, Masakin Al Furjan E in numbers

  • Sold once: by Nakheel on 6 January 2014 for AED 1,248,300, or AED 704 per sqft.
  • Rented since March 2013 on 11 Ejari contracts. The rent fell from AED 100,000 to AED 55,000 in 2014 and recovered to AED 136,500 by March 2025.
  • At AED 136,500 a year the gross yield on the 2014 price is 10.9%, before a service charge of about AED 28,000 a year (AED 15.81 per sqft).

Source: Dubai Land Department. Updated 1 March 2025.

Questions about 408, Masakin Al Furjan E

What did unit 408 last sell for?

AED 1,248,300 on 6 January 2014, sold by the developer: AED 704 per sqft for 1,771 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 136,500 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 130,000; the unit has been rented since March 2013.

How big is unit 408?

1,771 sqft (164.5 sqm): a three-bedroom apartment on the 4th floor of a 5-storey tower completed in 2012.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 408? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 408, Masakin Al Furjan E

Starts from the last sale price (AED 1.25M, 6 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,248,300
Deposit, UAE resident (20%)
AED 249,660
Deposit, non-resident (40%)
AED 499,320
Monthly over 25 years at 3.7%
AED 5,107

Plus AED 57,439 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →