3-bed · 1,771 sqftMasakin Al Furjan E, Al Furjan · 5th floor · completed 2012

508, 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 508 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 1.26M6 January 2014
Current rentAED 113K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Masakin Al Furjan E

What is 508 worth today?

Last sold for AED 1,260,100 in 2014

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1 Feb 2025RentedRenewal
AED 112,900/yr12 months · AED 64 per sqft
1 Feb 2024RentedRenewal
AED 98,175/yr12 months · AED 55 per sqft
1 Feb 2023RentedRenewal
AED 93,500/yr12 months · AED 53 per sqft
1 Feb 2021RentedNew contract
AED 80,000/yr12 months · AED 45 per sqft
10 Jul 2020RentedRenewal
AED 96,198/yr2 months · AED 54 per sqft
10 Jul 2018RentedNew contract
AED 110,000/yr12 months · AED 62 per sqft
25 Mar 2017RentedRenewal
AED 115,000/yr12 months · AED 65 per sqft
25 Mar 2016RentedNew contract
AED 115,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
3-bed apartment
Size
1,771 sqft
Floor
5th of 5
Parking
E-91,E-92
Developer
Nakheel
Completed
2012
Service charge
AED 28,000 /yr
Last sold
AED 1.26M · January 2014

About 508, Masakin Al Furjan E

508 is a three-bedroom apartment of 1,771 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 6 January 2014 for AED 1,260,100, or AED 711 per sqft, 3% above 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 February 2025, is AED 112,900 a year: a gross yield of 9.0% on the 2014 price, before the service charge of about AED 28,000 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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 1,260,100 (AED 711 per sqft)

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

Rents
Unit 508, each contractTypical three-bed in Masakin Al Furjan E
100K2012201620202024Typical 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 yearRenewal, March 2014: AED 110,000 a yearNew contract, March 2015: AED 110,000 a yearNew contract, March 2016: AED 115,000 a yearRenewal, March 2017: AED 115,000 a yearNew contract, July 2018: AED 110,000 a yearRenewal, July 2020: AED 96,198 a yearNew contract, February 2021: AED 80,000 a yearRenewal, February 2023: AED 93,500 a yearRenewal, February 2024: AED 98,175 a yearRenewal, February 2025: AED 112,900 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 508 sits

All 32 3-beds →

508 last sold in January 2014 at AED 711 per sqft, 3% above what three-beds in Masakin Al Furjan E were fetching at the time (AED 688). 508's AED 112,900 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 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
5042-bedAED 1.23M · Apr 2012
5051-bedAED 545K · Apr 2015
5062-bedAED 1.23M · Feb 2012
5073-bedAED 1.2M · Jul 2022
1–7 of 8

508, Masakin Al Furjan E in numbers

  • Sold once: by Nakheel on 6 January 2014 for AED 1,260,100, or AED 711 per sqft.
  • Rented since March 2013 on 11 Ejari contracts. The rent fell from AED 100,000 to AED 80,000 in 2021 and recovered to AED 112,900 by February 2025.
  • At AED 112,900 a year the gross yield on the 2014 price is 9.0%, before a service charge of about AED 28,000 a year (AED 15.81 per sqft).

Source: Dubai Land Department. Updated 1 February 2025.

Questions about 508, Masakin Al Furjan E

What did unit 508 last sell for?

AED 1,260,100 on 6 January 2014, sold by the developer: AED 711 per sqft for 1,771 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 112,900 a year on the contract renewed on 1 February 2025. The previous contract, from February 2024, was AED 98,175; the unit has been rented since March 2013.

How big is unit 508?

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

What is unit 508 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 508, Masakin Al Furjan E

Starts from the last sale price (AED 1.26M, 6 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,260,100
Deposit, UAE resident (20%)
AED 252,020
Deposit, non-resident (40%)
AED 504,040
Monthly over 25 years at 3.7%
AED 5,155

Plus AED 57,934 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →