
1001, 5th Avenue
Sold prices and rental history: sold once, by the developer in September 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, 5th Avenue
What is 1001 worth today?
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Source: Dubai Land Department. Updated 15 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,403 sqft
- Floor
- 10th of 10
- Parking
- P-71
- Developer
- Mr Hussin Meseh Iskandar
- Completed
- 2020
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.26M · September 2023
- Building
- 5th Avenue
About 1001, 5th Avenue
1001 is a two-bedroom apartment of 1,403 sqft on the 10th floor of 5th Avenue, a 10-storey tower in Al Furjan completed in 2020 by Mr Hussin Meseh Iskandar. The developer sold it on 15 September 2023 for AED 1,262,972, or AED 900 per sqft, in line with the AED 918 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 5 November 2022, is AED 72,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 17,400 a year.
Sales and rents for 1001 over time
1001 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in 5th Avenue, and where 1001 sits
All 60 2-beds →1001 last sold in September 2023 at AED 900 per sqft, in line with what two-beds in 5th Avenue were fetching at the time (AED 918). Over the last 12 months two-beds sold for AED 1,600,000 to 1,800,000, around AED 1,168 per sqft, and rent for AED 90,300 to 144,000 a year. 1001's AED 72,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 1,370 sqft | 1,600,000 | 1,168 | ||
| 16 Oct 202616 October 2026 | 1,398 sqft | 1,600,000 | 1,144 | ||
| 27 Jan 202627 January 2026 | 1,235 sqft | 1,800,000 | 1,457 | ||
| 2 Sep 20252 September 2025 | 1,397 sqft | 1,700,000 | 1,216 |
5th Avenue
Building92 apartments, 1-bed to 3-bed over 10 floors in Al Furjan, completed in 2020 by Mr Hussin Meseh Iskandar. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,156
- Typical sale
- AED 1.6M
- Typical rent
- AED 100K /yr
- Typical yield
- 7.1%
Other units on the 10th floor
All 92 units in 5th Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 3-bed | 2,022 sqft | AED 2.45MAED 2,450,000 · Mar 2024March 2024 | 174,515 /yr | |
| 1003 | 1-bed | 818 sqft | AED 814KAED 813,974 · Sep 2023September 2023 | 68,000 /yr | |
| 1004 | 3-bed | 2,143 sqft | AED 2.03MAED 2,025,343 · Jun 2024June 2024 | 105,000 /yr | |
| 1005 | 2-bed | 1,397 sqft | AED 1.7MAED 1,700,000 · Sep 2025September 2025 | 80,000 /yr | |
| 1006 | 2-bed | 1,395 sqft | AED 1.34MAED 1,339,622 · Dec 2023December 2023 | 75,000 /yr | |
| 1007 | 2-bed | 1,382 sqft | AED 1.24MAED 1,243,985 · Mar 2023March 2023 | 95,000 /yr | |
| 1008 | 2-bed | 1,302 sqft | AED 1.21MAED 1,210,973 · Feb 2023February 2023 | 144,000 /yr | |
| 1009 | 2-bed | 1,399 sqft | AED 1.3MAED 1,300,000 · Oct 2023October 2023 | 78,000 /yr |
1001, 5th Avenue in numbers
- Sold once: by Mr Hussin Meseh Iskandar on 15 September 2023 for AED 1,262,972, or AED 900 per sqft.
- Rented since June 2021 on 3 Ejari contracts, from AED 70,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2023 price is 5.7%, before a service charge of about AED 17,400 a year (AED 12.39 per sqft).
- Two-beds in 5th Avenue sold for AED 1,600,000–1,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,156 per sqft.
Source: Dubai Land Department. Updated 15 September 2023.
Questions about 1001, 5th Avenue
What did unit 1001 last sell for?
AED 1,262,972 on 15 September 2023, sold by the developer: AED 900 per sqft for 1,403 sqft. It is the only registered sale of the unit.
What is the rent for unit 1001?
AED 72,000 a year on the contract renewed on 5 November 2022. The previous contract, from November 2021, was AED 72,000; the unit has been rented since June 2021.
How big is unit 1001?
1,403 sqft (130.3 sqm): a two-bedroom apartment on the 10th floor of a 10-storey tower completed in 2020.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 5th Avenue sold for AED 1,600,000 to 1,800,000 in the last 12 months, around AED 1,168 per sqft.
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Mortgage on 1001, 5th Avenue
Starts from the last sale price (AED 1.26M, 15 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,262,972
- Deposit, UAE resident (20%)
- AED 252,594
- Deposit, non-resident (40%)
- AED 505,189
- Monthly over 25 years at 3.7%
- AED 5,167
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →