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

502, Masakin Al Furjan F

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

Unit 502 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 1.28M14 May 2013
Current rentAED 121K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Masakin Al Furjan F

What is 502 worth today?

Last sold for AED 1,275,600 in 2013

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10 Sep 2024RentedRenewal
AED 121,000/yr12 months · AED 68 per sqft
10 Sep 2023RentedRenewal
AED 110,000/yr12 months · AED 62 per sqft
10 Sep 2022RentedNew contract
AED 110,000/yr12 months · AED 62 per sqft
15 Aug 2021RentedRenewal
AED 85,100/yr12 months · AED 48 per sqft
15 Aug 2020RentedNew contract
AED 74,000/yr12 months · AED 42 per sqft
19 Mar 2019RentedRenewal
AED 100,000/yr12 months · AED 56 per sqft
19 Mar 2018RentedRenewal
AED 110,000/yr12 months · AED 62 per sqft
19 Mar 2016RentedNew contract
AED 110,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
3-bed apartment
Size
1,771 sqft
Floor
5th of 5
Parking
F-68,F-69
Developer
Nakheel
Completed
2012
Service charge
AED 32,000 /yr
Last sold
AED 1.28M · May 2013

About 502, Masakin Al Furjan F

502 is a three-bedroom apartment of 1,771 sqft on the 5th floor of Masakin Al Furjan F, a 5-storey tower in Al Furjan completed in 2012 by Nakheel. The developer sold it on 14 May 2013 for AED 1,275,600, or AED 720 per sqft, 11% above the AED 649 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 10 September 2024, is AED 121,000 a year: a gross yield of 9.5% on the 2013 price, before the service charge of about AED 32,000 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical three-bed in Masakin Al Furjan F
1M1.5M2M2012201620202024Typical sale price by year: 2012 AED 1,255,700; 2013 AED 1,249,250; 2014 AED 1,221,700; 2015 AED 1,600,000; 2016 AED 1,619,000; 2017 AED 880,000; 2022 AED 1,470,000; 2023 AED 1,545,000; 2024 AED 1,950,000Sold by developer, May 2013: AED 1,275,600 (AED 720 per sqft)

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

Rents
Unit 502, each contractTypical three-bed in Masakin Al Furjan F
100K2012201620202024Typical rent by year: 2012 AED 99,000; 2013 AED 102,000; 2014 AED 110,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 118,000; 2018 AED 110,525; 2019 AED 104,000; 2020 AED 87,500; 2021 AED 85,000; 2022 AED 94,750; 2023 AED 110,000; 2024 AED 117,500; 2025 AED 135,000New contract, March 2013: AED 100,000 a yearRenewal, March 2014: AED 100,299 a yearNew contract, March 2015: AED 105,000 a yearNew contract, March 2016: AED 110,000 a yearRenewal, March 2018: AED 110,000 a yearRenewal, March 2019: AED 100,000 a yearNew contract, August 2020: AED 74,000 a yearRenewal, August 2021: AED 85,100 a yearNew contract, September 2022: AED 110,000 a yearRenewal, September 2023: AED 110,000 a yearRenewal, September 2024: AED 121,000 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 F, and where 502 sits

All 32 3-beds →

502 last sold in May 2013 at AED 720 per sqft, 11% above what three-beds in Masakin Al Furjan F were fetching at the time (AED 649). Over the last 12 months three-beds sold for AED 2,950,000, around AED 898 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Jan 20262,950,000
22 Apr 20252,875,000
4 Nov 20241,950,000
25 Oct 20242,100,000
1 3-bed sale in the last 12 months

Masakin Al Furjan F

Building

51 apartments, 1-bed to 3-bed over 5 floors in Al Furjan, completed in 2012 by Nakheel. 1 sold in the last 12 months.

Typical price per sqft
AED 898
Typical sale
AED 2.95M
Typical rent
AED 72K /yr
Typical yield
7.9%
Masakin Al Furjan F, Al Furjan: prices, sales and rents →

Other units on the 5th floor

All 51 units in Masakin Al Furjan F
Value
5013-bedAED 1.82M · Feb 2015
5033-bedAED 1.33M · Jan 2023
5042-bedAED 850K · Dec 2020
5051-bedAED 630K · Jul 2025
5062-bedAED 1.7M · Jan 2025
5073-bedAED 1.1M · Apr 2021
5083-bedAED 1.64M · Mar 2016
1–7 of 8

502, Masakin Al Furjan F in numbers

  • Sold once: by Nakheel on 14 May 2013 for AED 1,275,600, or AED 720 per sqft.
  • Rented since March 2013 on 11 Ejari contracts. The rent fell from AED 100,000 to AED 74,000 in 2020 and recovered to AED 121,000 by September 2024.
  • At AED 121,000 a year the gross yield on the 2013 price is 9.5%, before a service charge of about AED 32,000 a year (AED 18.09 per sqft).
  • Three-beds in Masakin Al Furjan F sold for AED 2,950,000–2,950,000 in the 12 months to November 2026; the building's median across all types is AED 898 per sqft.

Source: Dubai Land Department. Updated 10 September 2024.

Questions about 502, Masakin Al Furjan F

What did unit 502 last sell for?

AED 1,275,600 on 14 May 2013, sold by the developer: AED 720 per sqft for 1,771 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 121,000 a year on the contract renewed on 10 September 2024. The previous contract, from September 2023, was AED 110,000; the unit has been rented since March 2013.

How big is unit 502?

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 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Masakin Al Furjan F sold for AED 2,950,000 to 2,950,000 in the last 12 months, around AED 898 per sqft.

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Mortgage on 502, Masakin Al Furjan F

Starts from the last sale price (AED 1.28M, 14 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,600
Deposit, UAE resident (20%)
AED 255,120
Deposit, non-resident (40%)
AED 510,240
Monthly over 25 years at 3.7%
AED 5,219

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →