3-bed · 2,990 sqft5th Avenue, Al Furjan · 1st floor · completed 2020

102, 5th Avenue

Sold prices and rental history: sold once, by the developer in August 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 8 August 2024
Last soldAED 2.45M8 August 2024
Current rentAED 150K /yr20 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, 5th Avenue

What is 102 worth today?

Last sold for AED 2,450,000 in 2024

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8 Aug 2024Sold by developerReady
AED 2,450,000AED 819 per sqft
20 Jun 2023RentedNew contract
AED 150,000/yr12 months · AED 50 per sqft
1 Apr 2022RentedRenewal
AED 105,000/yr12 months · AED 34 per sqft
1 Mar 2021RentedNew contract
AED 96,923/yr13 months · AED 32 per sqft

Source: Dubai Land Department. Updated 8 August 2024.

Key facts

Type
3-bed apartment
Size
2,990 sqft
Floor
1st of 10
Parking
G-42, G-65
Developer
Mr Hussin Meseh Iskandar
Completed
2020
Service charge
AED 37,000 /yr
Last sold
AED 2.45M · August 2024
Building
5th Avenue

About 102, 5th Avenue

102 is a three-bedroom apartment of 2,990 sqft on the 1st floor of 5th Avenue, a 10-storey tower in Al Furjan completed in 2020 by Mr Hussin Meseh Iskandar. The developer sold it on 8 August 2024 for AED 2,450,000, or AED 819 per sqft, 12% below the AED 935 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 20 June 2023, is AED 150,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 37,000 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical three-bed in 5th Avenue
2M2.25M2.5M202320242025Typical sale price by year: 2023 AED 1,947,100; 2024 AED 2,145,897Sold by developer, August 2024: AED 2,450,000 (AED 819 per sqft)

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

Rents
Unit 102, each contractTypical three-bed in 5th Avenue
100K150K202120232025Typical rent by year: 2021 AED 83,077; 2022 AED 94,500; 2023 AED 97,536; 2024 AED 105,000; 2025 AED 169,996New contract, March 2021: AED 96,923 a yearRenewal, April 2022: AED 105,000 a yearNew contract, June 2023: AED 150,000 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 5th Avenue, and where 102 sits

All 19 3-beds →

102 last sold in August 2024 at AED 819 per sqft, 12% below what three-beds in 5th Avenue were fetching at the time (AED 935). 102's AED 150,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Oct 20242,143,435
24 Sep 20242,141,390
23 Sep 20242,143,112
18 Sep 20242,475,000
0 3-bed sales in the last 12 months

5th Avenue

Building

92 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%
5th Avenue, Al Furjan: prices, sales and rents →

Other units on the 1st floor

All 92 units in 5th Avenue
Value
1012-bedAED 1.23M · Apr 2023
1031-bedAED 1.1M · Jan 2025
1042-bedAED 646K · Aug 2023
1052-bedAED 1.29M · Jan 2024
1062-bedAED 1.47M · Jan 2024
1072-bedAED 1.4M · Dec 2023
1082-bedAED 1.34M · Apr 2024

102, 5th Avenue in numbers

  • Sold once: by Mr Hussin Meseh Iskandar on 8 August 2024 for AED 2,450,000, or AED 819 per sqft.
  • Rented since March 2021 on 3 Ejari contracts, from AED 96,923 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 37,000 a year (AED 12.39 per sqft).

Source: Dubai Land Department. Updated 8 August 2024.

Questions about 102, 5th Avenue

What did unit 102 last sell for?

AED 2,450,000 on 8 August 2024, sold by the developer: AED 819 per sqft for 2,990 sqft. It is the only registered sale of the unit.

What is the rent for unit 102?

AED 150,000 a year on the contract signed on 20 June 2023. The previous contract, from April 2022, was AED 105,000; the unit has been rented since March 2021.

How big is unit 102?

2,990 sqft (277.8 sqm): a three-bedroom apartment on the 1st floor of a 10-storey tower completed in 2020.

What is unit 102 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 102, 5th Avenue

Starts from the last sale price (AED 2.45M, 8 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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