2-bed · 1,399 sqftMasakin Al Furjan E, Al Furjan · 5th floor · completed 2012

504, Masakin Al Furjan E

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

Unit 504 · DLD and Ejari recordsUpdated 20 February 2023
Last soldAED 1.23M23 April 2012
Current rentAED 73K /yr20 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Masakin Al Furjan E

What is 504 worth today?

Last sold for AED 1,232,100 in 2012

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20 Feb 2023RentedRenewal
AED 73,150/yr12 months · AED 52 per sqft
20 Feb 2022RentedRenewal
AED 66,500/yr12 months · AED 48 per sqft
20 Feb 2021RentedNew contract
AED 62,000/yr12 months · AED 44 per sqft
10 Feb 2020RentedNew contract
AED 85,000/yr12 months · AED 61 per sqft
23 Oct 2019RentedRenewal
AED 84,000/yr12 months · AED 60 per sqft
23 Oct 2018RentedRenewal
AED 87,000/yr12 months · AED 62 per sqft
23 Oct 2017RentedNew contract
AED 90,000/yr12 months · AED 64 per sqft
25 May 2014RentedNew contract
AED 77,700/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 20 February 2023.

Key facts

Type
2-bed apartment
Size
1,399 sqft
Floor
5th of 5
Parking
E-98,E-99
Developer
Nakheel
Completed
2012
Service charge
AED 22,100 /yr
Last sold
AED 1.23M · April 2012

About 504, Masakin Al Furjan E

504 is a two-bedroom apartment of 1,399 sqft on the 5th floor of Masakin Al Furjan E, a 5-storey tower in Al Furjan completed in 2012 by Nakheel. The developer sold it on 23 April 2012 for AED 1,232,100, or AED 880 per sqft, 8% above the AED 814 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 20 February 2023, is AED 73,150 a year: a gross yield of 5.9% on the 2012 price, before the service charge of about AED 22,100 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Masakin Al Furjan E
1.2M1.3M1.4M2012201320142015Typical sale price by year: 2012 AED 1,225,300; 2013 AED 1,225,000; 2014 AED 1,395,300Sold by developer, April 2012: AED 1,232,100 (AED 880 per sqft)

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

Rents
Unit 504, each contractTypical two-bed in Masakin Al Furjan E
75K100K2012201620202024Typical rent by year: 2012 AED 72,000; 2013 AED 78,000; 2014 AED 92,500; 2015 AED 105,000; 2016 AED 93,713; 2017 AED 94,357; 2018 AED 87,000; 2019 AED 90,000; 2020 AED 85,000; 2021 AED 73,500; 2022 AED 82,000; 2023 AED 82,770; 2024 AED 89,500; 2025 AED 111,000New contract, May 2012: AED 74,000 a yearNew contract, May 2014: AED 77,700 a yearNew contract, October 2017: AED 90,000 a yearRenewal, October 2018: AED 87,000 a yearRenewal, October 2019: AED 84,000 a yearNew contract, February 2020: AED 85,000 a yearNew contract, February 2021: AED 62,000 a yearRenewal, February 2022: AED 66,500 a yearRenewal, February 2023: AED 73,150 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Masakin Al Furjan E, and where 504 sits

All 13 2-beds →

504 last sold in April 2012 at AED 880 per sqft, 8% above what two-beds in Masakin Al Furjan E were fetching at the time (AED 814).

Recent 2-bed salesUnit no.Price (AED)Summary
2 Aug 20241,520,000
6 Nov 20231,300,000
11 Sep 20231,280,000
16 Jul 20171,400,000
0 2-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 5th floor

All 51 units in Masakin Al Furjan E
Value
5013-bedAED 600K · Dec 2012
5023-bedAED 1.6M · Jun 2023
5033-bedAED 1.25M · Apr 2022
5051-bedAED 545K · Apr 2015
5062-bedAED 1.23M · Feb 2012
5073-bedAED 1.2M · Jul 2022
5083-bedAED 1.26M · Jan 2014
1–7 of 8

504, Masakin Al Furjan E in numbers

  • Sold once: by Nakheel on 23 April 2012 for AED 1,232,100, or AED 880 per sqft.
  • Rented since May 2012 on 9 Ejari contracts. The rent fell from AED 74,000 to AED 62,000 in 2021 and recovered to AED 73,150 by February 2023.
  • At AED 73,150 a year the gross yield on the 2012 price is 5.9%, before a service charge of about AED 22,100 a year (AED 15.81 per sqft).

Source: Dubai Land Department. Updated 20 February 2023.

Questions about 504, Masakin Al Furjan E

What did unit 504 last sell for?

AED 1,232,100 on 23 April 2012, sold by the developer: AED 880 per sqft for 1,399 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 73,150 a year on the contract renewed on 20 February 2023. The previous contract, from February 2022, was AED 66,500; the unit has been rented since May 2012.

How big is unit 504?

1,399 sqft (130.0 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2012.

What is unit 504 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 504, Masakin Al Furjan E

Starts from the last sale price (AED 1.23M, 23 April 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,232,100
Deposit, UAE resident (20%)
AED 246,420
Deposit, non-resident (40%)
AED 492,840
Monthly over 25 years at 3.7%
AED 5,041

Plus AED 56,758 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →